Respected Sir,
While filing income tax return ITR2/3 in excel form Tds detail in finicial year shows 2015 maximum but tds deducted in 2016. This return is 2016-17 for financial year and I am downloading excel form in Assessment year 2017-18.Kindly resolve this problem.
I got notice of 143(1)a from it dept they make changes in income how I am disclosed in it return. They followed only as per form 16 part B.. But actually I didn't submit details all deduction documents.. But I claimed that.. What I am not mentioned in it return.. So they give time to revise return.. Otherwise changes income will be considered.. What I do? May I revise or not?
1. An registered dealer under vat having goods in stock , which was purchased by him within state from registered dealers only , of rs 30 lakh but he do not have input tax credit because already availed from output tax on sale , now he wants to opt composition scheme whether he has to pay reverse charge for the balance stock.?
i purchase sm guds.. to unload d guds frm vehicle i paid sm amt to a labour.... gst leviable???
There was an amendement in section 44AD that partnership firm have to show profit at 8% after allowing for partners salary and interest ?? It is applicable from which assessment year?? Plz clarify
If I file income tax return of 15-16 with tax payable in current date I liable to pay penalty of Rs 5000.
Dear sir/madam
Few days back I filed ITR 1. Since I did not sent HRA receipt and LIC receipt to my head office so they not mentioned same in my form 16.
I filed itr1 through clear tax and I calculate hra and deduct from gross salary shows as gross income and also shows lic receipt amount in section 80c.
Now got letter from income 5ax department that my form 16 and itr1 is matching.
Kinldy advise
i purchase sm guds frm a local vendor n to bring d guds to my business premises i hired a tempo and pay an amt to him say rs 1000... he doest give me any bill or document... will it be GTA service????
Dear Experts, A humble request to all the experts to solve this issue that some says you cannot take ITC on GST paid on freight paid to GTA under RCM and some says ITC allowed. I also confused what I will do? pleaseeeeeee experts. guide us to get rid from this confusion. regards, Rakesh Sharma
Income tax