How many Assessment Year IT return can be filed at present by one of my friend whose TDS has been deducted for last four assessment years but his total income is below taxable limit. please suggest as per present income tax rule.
Can anyone solve the below problem? Two NRI people jointly bought a house property on 02/01/2007 for Rs. 10,51,000. They sold the same on 12/04/2016 at for sale consideration of Rs. 35,00,000. Compute the Amount of tax liability of each person for A.Y 2017-18 assuming there is no other income.
DEAR EXPERTS..
I WOULD LIKE TO KNOW THAT WHEN WE FILE FORM 1 FOR FORMATION OF THE LLP TO AVAIL NAME IT SAYS THAT THE ACTIVITY IS FALLING UNDER NBFC AND WE NEED TO PROVIDE RBI IN PRINCIPAL APPROVAL FOR FILING FORM 2 FURTHER.
HOW THE IN PRINCIPAL APPROVAL OF THE RBI CAN BE OBTAINED AS THE FINAL APPROVAL/REGISTRATION WITH RBI FOR NBFC CAN BE OBTAINED ONLY AFTER INCORPORATION OF THE COMPANY/LLP.
ALSO IT SAYS TO HAVE NOF OF 2.00 CRORE IN THE LATEST AUDITED BALANCE SHEET. DOES IT MEAN THAT IT IS NOT NECESSARY TO HAVE CAPITAL OF 2.00 CRORE AT THE TIME OF FILING OF THE FORMS AND INCORPORATION?
PLS ADVISE AS SOON AS POSSIBLE
THANKS IN ADVANCE
DEAR EXPERTS,
IF THE NOTICE OF THE DEFECT IS RECEIVED FOR ONE BELATED RETURN AND THAN RESPONSE WAS PROVIDED BUT SAME IS LATER ON BECAME INVALID DUE TO IMPROPER RESPONSE THAN IS THERE ANY WAY OUT FOR FILING INCOME TAX RETURN. IT PERTAINS TO A.Y.2016-17 AND THERE IS REFUND OF THE TDS.
HOW TO CLAIM THE REFUND OF TDS ? THE MAIN PROBLEM IS REFUND.
KINDLY ADVISE
THANKS IN ADVANCE
Hello,
I'm registered under old Syllabus for IPCC course and appearing for Nov 17 Attempt, There are Various views on applicability of Old syllabus for parallel 3 attempts, is there any official notification from Institute regarding same .
Can I start my preparation with old Syllabus, Please help
Is it compulsory to give title " TAX INVOICE" under GST or "INVOICE" is sufficient ? Secondly can an automobile workshop furnish a consolidated invoice for parts as well as labour under one single invoice or not ?
Hi Sir,
Can we use ARN no to buy and sell goods till the time we receive provisional ID or GST no. as we have recently started and applied for GSTN however from 20th July its still showing pending for order ? Kindly suggest.
DEAR EXPERTS
A PARTNERSHIP FIRM IS RUNNING A CINEMA THEATRE AND IS REGISTERED UNDER GST. ONE OF ITS PARTNER HAS TAKEN THE CANTEEN ON RENT AND WANTS TO REGISTER UNDER GST UNDER COMPOSITE SCHEME FOR HIS CANTEEN INCOME
IS THIS ALLOWABLE OR THE CANTEEN INCOME HAS TO BE CLUBBED WITH FIRM'S INCOME ONLY
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It return