One of my clients constructing Residential Flat since 2 years and it will be completed in the FY 18-19. Every year the construction cost he is claiming exemption u/s 54F against sale of gold ornaments in the same year. Whether it is correct or not ?

Dear Sir We are a Manufacturer and Supplying the Goods to Merchant Exporter at Concessional Rate of GST 0.10%.
Now My Question is Where we have to show the Details of Supply to Merchant Exporter in GSTR1 as well as GSTR 3B.

1. Is it required to Show In GSTR 1 B2B under 4A or Under 6 C Deemed Export .
2. In GSTR 3 B Under 3.1 (a) Outward Taxable Supplies (other than Zero rated, Nil Rated & Exempted).
Please advise

Hi,

Apart from my Salary Income, for FY17-18, I got some commission of 18K as per section 194H. Even some 900+ TDS is also deducted; Now while filling return using ITR2, I am mentioning the commission income but it is calculating Tax as per my normal tax rate; Please suggest how it should calculate this Commission Income as per 5% Tax rate as per section 194H.

Thanks in advance.

Regards,
Rajesh

I need your help to file ITR for AY 2018-19 as NRI, I am in South-Africa from June-2016 to till date. I am getting the salary in South Africa as well as in India.
South African salary is being taxed as per local laws. My Indian annual salary is greater than 2.5 lakh exemption limit hence I believe I have to fill ITR. my queries are as follow -
(1) which ITR form I have to fill as NRI? Is it ITR-1 or ITR-2 or some other form?
(2) If it is ITR-2, Do I need to fill Schedule FSI & Schedule TR?
(3) Am I eligible for a rebate under 80C against Insurance premium/ Home loan principal repayment (Property is in India) & under 80CCD(1B) against New Pension Scheme contribution? if yes, which section I have to fill?
(4) Am I eligible for a rebate for home loan interest payment (Property is in India)? if yes, which section I have to fill?
Thanks in advance for help.

Can tour operators charge GST @ 18% (with ITC )
And is such rate will have to be followed in entirity, of can be different to some client wise ?

As per Section 73(5), the person chargeable with tax may, before service of notice under Sub section (1) or, as the case may be..............pay the amount of tax alongwith interest......

As per Section 73(6), the proper officer, on receipt on such information shall not serve any notice under sub section (1) ............

As per Section 73(8) where any person chargeable with tax under sub section (1) pays the said tax alongwith interest payable within 30 days of issue of SCN, no penalty shall be payable and all proceedings in respect of the said notice shall be deemed to be concluded.
NOW:
As per Section 73(11) "Notwithstanding anything contained in sub section (6) or sub section (8), penalty under sub section (9) shall be payable where any any amount of self assessed tax or any amount collected as tax has not been paid within a period of thirty days from the due date of payment of tax.

What does this mean. Whether penalty @10% [as per sub section 73(9) ] will be mandatiorily imposed on assessee irrespective of the fact whether he has paid the due tax and interest before issuance of SCN.

Further, if penalty is manditorily imposed then issuance of SCN is a must. PLEASE EXPLAIN

My mother, a super senior citizen spent Rs 4 Lakh on her medical treatment during the previous FY 2016-17.Being a CGHS beneficiary she got a refund of Rs 2 Lakh . Can she claim exemption of Rs 30,000 under sec 80D. she does not have a medical insurance .

Sir,
Your advise is required on my brother Income tax file.
He is a lawyer by profession and his wife is also a lawyer. The gross receipts of my brother is app 17lacs. So while filing itr4s what amount shall I show in the gross receipts. Is it half divided between husband and wife as tds is deducted only of husband.

a person '' Ä'' (TDS provisions applicable) having an opening Credit balance as on 1st April 6.00 Lakh as unsecured loan from "B"
on 1st June " Ä" makes a payment of 7.00 lakh to 'B'
Assumes 1.00 Lakh as Loan given to "B'

What does the TDS provision say
TDS Liability arises or not ?

My father has been getting treatment of Parkinson disease. I have spent about Rs. 60000/- to pay medical bills. My father is an retired govt employee having pension & FD interest as income. Now my question is that whether he can claim the above medical expenses u/s 80ddb in his IT return which is actually paid by me?