Income Tax QnA - Page No 4684

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Anonymous

07 June 2017 at 15:58

Buying car

hi,
i am planning to buy a car so I wanted to know can I buy a car without a Car Loan but I would like to make the principal payments in MONTHLY installments out of my own income ..is it possible or this option is even feasible?

URGENT

nikhil bhudolia

07 June 2017 at 15:55

taxability on selling of car

one of my client has purchased a car on april at Rs.5lakhs and sold in dec 16 at Rs.4.5lakhs....what is the taxabilty and should we claim depreciation....

Kiran

07 June 2017 at 15:47

TDS on commission

hi we have staffs working with us and the pay consist of fixed salary and commission for sales target achieved. should we deduct TDS on commission paid.. The total pay including salary and commission received by staff doesn't make him liable for Income tax as it is less than 2.5Lakh a year. Please guide

shruthi

07 June 2017 at 15:43

80ia reversal and deferred tax calculation

Sir, Ours is Power Generating Co., planning to avail 80ia benefits after two years, how to give effect of reversal/assets available during 80ia period

Chitvan

07 June 2017 at 15:31

Gst rate

Gst rate on ready to eat food products?

smruti

07 June 2017 at 15:19

transitional provisions

hi, please correct if any provision is wrongly interpreted (in case of trader) in case of ITC on inputs held in stock: if i possess documents evidencing excise component on inputs - eligible for 100% credit on same of last 12 months inputs held in stock if i dont posses document evidencing payment of duty den 60% would be reduced from my CGST liability in sale of such goods if i dont posses any document evidencing procurement of inputs... no credits available kindly revert.

Anonymous

07 June 2017 at 15:13

Stcg on shares

If total income without including STCG on shares below exemption limits i.e. less than 250000 then also tax is to be paid on STCG on shares @15%.

Ravi Srivastava

07 June 2017 at 14:45

I'm B.com degree holder. can i registered as GST practitioner?

I'm pursuing LLB and I have b.com degree so I want to know that am i eligible to take gst practitioner certificate from govt? I'm living in Kanpur (up).