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Deepak Kumar
12 July 2019 at 23:02

Section 44ad

The client has started PG business. In this case Section 44Ad will be applied or not ?


Rahul Vijay Jambhalekar
12 July 2019 at 22:41

Itr5 percentage error in java

Dear Sir/Madam,

While filling Income Tax Return ITR5 of BOI i am facing following error in JAVA utility.

":Percentage of share (if determinable ) should be numeric,non-negative,% decimal upto 2 places and should be between 0 to 100."

I tried all way but this error is still there.
Please guide


Prasad A Patil
12 July 2019 at 21:10

Gst rules for tour operator

My friend is a tour operator and registered under GST as normal taxpayer. His tour package include booking hotel accommodation, food & taxi service through 3rd party. How could he comply the rules with respect to input-output tax and what would be rate of tax, applicable?


SUBHASH MISHRA
12 July 2019 at 20:47

Gratutiy exemption

According to Notification No. S.O. 1213(E) dated 8 March 2018 the limit of Gratuity exemption exceeded to Rs. 20 Lakhs with effect from 29 March 2018..
My question is whether the date of effectiveness of notification is same for Govt. and Private employees
If any other notification or clarification is issued by the CBDT. Please guide.
With regards
Subhash


Sagar Panchal
12 July 2019 at 20:23

Extension a.y.2019-20

WILL DUE DATE FOR INCOMETAX RETURNS A.Y.2019-20 EXTENDED ?


ARVIND JAIN
12 July 2019 at 19:33

Epf withdrawal

My son took up job abroad and left in March 2016 after working two years in a company ..He received EPF accumulated of 274500/- with tds 10% deduction in August 2018. He is NRI for AY 2018-19 & AY 2019-20 What shall be Tax implication for AY 2019-20.. Under which head of income to show in ITR and if standard deduction can be claimed of 40000/- for same, if shown as profit in lieu of salary under salary income.


TARIQUE RIZVI

GROSS RENTAL INCOME RS 64,80,000 LESS MUNICIPALITY TAX RS 1,59,603 Balance Rs 63,20,397 Less 30% Deduction Rs 18,96,119 Balance Rs 44,24,278 The land lord has paid no installment of advance tax hence I workout @ 40% tax liability 40% of Rs 44,24,278 = Rs 17,69,711 Please guide me and oblige what to do in such situation. Whether will have to be paid Rs 17,69,711.

Some one has advised me to claim remuneration to working partners and interest on capital also.


TARIQUE RIZVI
12 July 2019 at 18:40

Working of remuneration

Ours is a partnership firm. How to workout remuneration and interest on capital. Please guide me and oblige.


Ravi Kumar Prajapati

Dear freinds & Professional colleagues, I have received a bill of Rs.35000 from ASSOCHAM (Trade Association / https://www.assocham.org/) as sponsorship fees so tell me whether my company have to deduct TDS on this bill or not if yes then what is rate of TDS..??


Ravi Kumar Prajapati

Dear freinds & Professional colleagues,

I have received a bill of Rs.35000 from Assocham (Trade Association) so tell me whether my company have to deduct TDS on this bill or not if yes then what is rate of TDS..??







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