what is nature of business in Income tax for CAB owner, he attached on contract basis to one company. what is that code in the ITR 3 under the head of nature of business?
and
what is nature of business code in Income tax for commission in ITR 3
claim the exemption u/s 54 which amount can be invested Capital gain realized or Net Consideration Received from sale of Property
kindly give suggestion
Rent of the house is being shared among 3 co owners equally. One of the co owner dies. So now can i show the rent income of both the surviving co owners in the ratio of 50:50 in their ITR? Or some legal procedure is required to be carried out before filing itr? please guide
Before shifting from vat to gst one of my client has given individual pan no in vat registration instead of HUF. Now while filing ITR the GST no does not match with Pan no of HUF. Kindly let me know that shall we change the pan no in gst Registration. your valuable advise will help me a lot.Thanks in advance.
K.B.Nagesha Rao
9448826793
I want to file ITR for my huf having income from one house property and bank interest and party interest. Which ITR to file ?
I have uploaded Json file on 6th July-18.. it shown the status as
"In-Progress-Your uploaded statement validation is in progress, please check after few minutes.
but till date statement not uploaded.
Please help me how to upload the file.
Sir one of my client is an agent receiving commission from AIRTEL (telecom) for doing activity of Selling recharge cards
For AY-18-19 he has received commission of Rs 3,62,313, and TDS was deducted u/s 194H and his total sales for the period FY 17-18 is 1,38,29,800 (more than 1cr)
can he file income tax return by opting special business-44 AD/AE with out books
will he liable to get his books of accounts audited will he comes under TAX AUDIT
pleas give me your suggestions
pleas help me
Sir,
IOCL Charging License Fee Recovery form all ROs. For that IOCL generates invoice with GST . Up-to my knowledge there is no GST should be on Non gst goods & services. Here my question is "can we clime the input from those LFR" .
If possible "until now mean that from July 2017 , we didn't clime any input credit tax on those LFR invoices. can we clime it now at once."
if not , why . let me know in detail.
and
On Transportation as per GST law there is RCM(reverse charge mechanism) lavid. But for the transmission of Non GST supplies how it applies.
A Non-resident who shifted to UK in august, 2017 received Salary Income from India for F.Y. 2017-18 as well as from UK. Further, he exercises his rights for ESOP every 3-4 months for his company which is registered in US Stock Exchange. He sold out the shares which he got from Company and received dividend on same in his Indian Account in which his salary(from India) got credited for F.Y. 2017-18.
Now my query is that what will be the tax implications for F.Y. 2017-18. Will he required to pay Capital Gain tax on such Income?
Hello Sir/Mam,
I have home loan and paying PRINCIPAL / INTEREST as 84000/81000 and my taxable salary 630000 and then my 80c I filled 150000 , but even though I'm getting tax is around 7300 , So could you please help to reduce or nil this tax amount, Thank you very much for your assist.
Regards,
Partha
All Subjects Combo (Regular Batch) Jan & May 26
Business nature in itr 3