Dear Team ,

As Someone earning income from service ( Not Sale of Product) and as per 26AS TDS Deducted by parties U/s 194J and 194C and professional service also not covered U/s 44AA .

so can we use SEC 44AD for Income calculation or we need to go normal provision of income tax.

Sir/Madam

we are registered in only Delhi under GST Act not in other state but we want to sale our goods directly to Ambala Party from Gandhidham Port.

is it possible ?

if possible please refer to me legal provision of GST Act.

Dear Expert

Kindly advise how to prepare ITC-04 new format is available in the GST domine.

It is totally changed from earlier format like now they are asking Wast & Scrap details.

Is there any time limit for getting a UDIN? What is last date to get UDIN on Balance Sheet for FY 2018-19?

Employer provided company owned accommodation to it's employees and recovered license fee from them. But the employer does not give HRA to the said employees which is 24% of the salary. In this scenario whether the accommodation shall be charged as perquisite in the hand of the employees.

Dear Sir,
we invested some amount in religare 6 years back which has now given 2 times of amount invested. It did not have any interest coupon. my ques. is - should we treat it as interest income or capital gain.

as per sec 2(48) zero coupon bond notified by central govt. only is subject to capital gain. religare has not be notified so. however as per circular 2/2002 issued by cbdt redemption and subscription diff. should be treated as interest income applicable to deep discount bond which i think is also applicable to zero coupon bond. the circular was meant to remove confusion.

kindly guide regarding tax treatment.

Pension received from defense is taxable or not in the hands of employee.

My Client is work contractor providing services to MBMC. Is Service tax applicable on this service i.e whether service tax is applicable to Work Contract services provided to local authority, whether he was required to register under service tax regime.

Thanking in advance.

My father earned LTCG which he setoff under section 54 and invested in CAGS. Now he wants to lapse the benefit and pay tax on the amount.

Where should he fill the details in itr 2 and how. pls help

Dear Expert,

I have earn income for salary and my employer give me Form16 & part B and i have filed my ITR-1 for AY-19-20, as per form 16b my employers shown HRA amount Rs.94000 fully taxable bcoz i have not given details of rent paid by me in FY-18-19, I have paid annually rent rs.60,000/- and i have claim deduction in column of rent paid in ITR-1 U/S 80GG. My query is can i claim HRA exemption as per income tax act and can i show details of exempted HRA in row Part B-II exempt u/s 10. Sec 10(13A)-Allowance to meet expenditure incurred on house rent