Dear sir, Rent for the month of march,2017 is Rs.100000. Actual tds remitted is Rs.20000.)Will that excess tds amont(10000) can be claimed as deduction in the next financial year? While filing TDS Return amount to be shown in the return is actual tds value(30000 for the 3months or remitted amount(40000 for the 3 months)? Please clarify asap.

with long term definition being changed from asset held for 3 years to 2 years, are there any changes to restrictions on 54F like cannot sell the asset or claim 54F on another house again within 3 years

SIR
MY SOME EMPLOYEE HAVE P.P.F ACCOUNT AND THEY ARE NOT READY I TO DEDUCTED FOR E.P.F ACCOUNT HE HAVE ALREADY P.P.F ACCOUNT CONTRIBUTE HIM SO GIVE ME SAGEST-ION WHAT IS ROAL FOR PRINCIPAL EMPLOYER

Mr.X transfer Shares to his wife Mrs. X without consideration. My questions are:-
1. Dividend, if covered by Sec115-O will be exempt in the hands of recipient, hence no clubbing ?
2. If shares are listed and STT has been paid, no capital gain on transfer of shares. Period of holding will be from date of transfer of shares to Mrs. X or held by Mr. X.
3. If the company has paid Bonus Shares, will the capital gain on transfer of them will be taxable in the hand of Mrs. X or Mr. X and for the purpose of shares held for more than 12 months and sold in a share market where STT has been paid, period of holding for the Bonus Shares.

Thanks
Rupesh Nigam

My Question is whether the SIM card recharge distributor who are buy recharge from Vodafone company on 4% commission and sell it to other small retailers on 3.50 % ... is there is any service tax liability on recharge distributor who retain 0.50%. if service tax registration is taken by them than what is the procedure for filling the service tax return. whether it is nil return or what.

i am a salaried person and i get FD interest for fy 16-17 around 35000/- and my taxable income is above 350000/- can we get any deduction against FD interest

Dear Experts,
i wish to know after GST implemented what would be its impact on income tax. what rule may be amended in existing rule in income tax?

Thanks
Riya

I have filed an appeal to CIT against demand which was raised by ITO,do I need to pay tax when appeal is pending before CIT and now i have received a show cause notice from ITO for non payment of tax and asking me to submit tax?

respected sir ,
i am a reg vat dealer dealing in branded soaps and cosmotics .i hold stocks amounting to rs around 10 laks.i paid vat at 14.5 % on purchases from reg- vat dealers and i am in possession of tax invoice.so i can claim amount rs 1,40,0000 as input under transissional provisions.and all of my goods are suffered central exice at manufacturing point.iam a retailer so i do not have any invoice showing the amount of central exice then what is the procedure to claim credit under cgst.please discuss.

I have a Franchise of an Ice-Cream Parlour, in which till last year I was paying Vat normally, but from current year onwards switched to composition scheme. Query is that the certification for composition was issued on 26th April, before that I charged VAT normally from customers.How do I pay that earlier tax which I charged from customers, as now I have switched to composition !