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Anonymous
26 January 2018 at 10:03

Income tax return filing

I Got Mail
Therefore, it is advised that you may ascertain your tax liability for AY 2017-18 and file your Income Tax Return (ITR) without any further delay. Last date to file your return for AY 2017-18 is 31st March 2018. However, you are advised to file the Income Tax Return much before the last date to avoid last minute rush.

Please note that the law has changed and ITR for AY 2017-18 CANNOT be filed beyond 31st March 2018.

Is it true?
Last date for filing ITR for AY 2017-18 is 31st March 2019. but in Mail I can't file ITR after 31st March 2018. Is it True or Not?


Jay Kay
25 January 2018 at 22:10

Procedure of gst

Please help...What is the procedure of gst...Am new in a business Will do purchases of 50,000 per monthWhat will I have to submit to my CA and in what time...?


Kedar Shukla
25 January 2018 at 19:56

Tds as gst and income tax

A unregistered consultant supplied services to a Govt. Company for Rs. 25000/-. Company deducts GST @ 18% and TDS @ 2%. The total supply will be Rs. 40000/- for the year 2017-18. Is it correct ?


MOHIT LUTHER
25 January 2018 at 19:18

Change in profit sharing ratio

Dear all
I want to change the profit sharing ratio between existing partners, please explain the procedure.


BISWAJIT
25 January 2018 at 18:39

accounting standards

for FINALIZATION of books follow IAS or As


Nupur Sharma

Hi Everyone!
A client of mine is an NRI and wants to file Income tax returns for some of the previous years which have become time - barred i.e. where e-filing is not possible since the usual time of one year from the end of relevant assessment year has already passed.
Earlier Manual returns could be submitted with the Income tax officer by going to his office and they would be accepted. But now the Income tax officer does not accept manual returns.
The client has to claim refund for all these years for TDS deducted on interest income since his income is not taxable and falls below tax slab. Now can I take benefit of section 119(2)(b) ?

-- My query is that what is the process to claim refund by taking help of this section?

-- IF I login to his income tax account and try to file the return and I select the option "Are you filing u/s/ 119(2)(b)" as "Yes" and then upload the X M L file, will the return be accepted? Will I have to additionally draft a letter to the ITO/ CIT prior to e-filing requesting him to condone the delay or will e-filing directly using the above mentioned option be sufficient?

Please guide and provide your expert views here.

Thanks in Advance!



Anonymous
25 January 2018 at 18:12

Association account frozen by bank

Hello sir,
We are from govt organisation having an savings account in Pvt bank, we have made a association with 4 members committee having our own bye law for promoting sports activities among employees, since we are not getting any funds from govt, we are renting space/land for out siders for conducting consumer fair/ exhibition etc. We get around 2 lakhs/annum as rent. Now bank has frozen account stating that registration of assn required. Since we are govt body & having only 4 members. We are finding very difficult in registration of association. Any other method to remove freeze???
a)Its a small branch office with only 4 officers other staffs are unwilling to pay & join as member.


DEVI SINGH PARIHAR
25 January 2018 at 18:07

Gst on loading & unloading charges

Sir Ji if a registered dealer who given contract to loading and unloading his goods in trucks for purchase & sales to a person who is not a GTA then whether he is liable to pay RCM on above exp. after 13th Oct 2017. Pls Reply.



Anonymous
25 January 2018 at 17:37

Professional tax

dear sir,

Whether employer's contribution is part of salary for computing the slab rate under PT act.


prasanna
25 January 2018 at 17:34

Tds

do we need to exclude GST on advance payment to a party while calculating TDS.