Ca final direct tax paper-how was it?

Page no : 3

Shashikant (ARTICLED ASSISTANT) (207 Points)
Replied 14 November 2016

in dtaa que was there anything to do with 80D paid by credit card? I took deduction...

Shashikant (ARTICLED ASSISTANT) (207 Points)
Replied 14 November 2016

what is ans of que 1- b?

Shashikant (ARTICLED ASSISTANT) (207 Points)
Replied 14 November 2016

is penalty for concealment of income leviable by itat?

CA Dheeraj S (Practicing CA) (427 Points)
Replied 14 November 2016

Yes Penalty can be levied by ITAT


Wasim Mohamed (Student) (158 Points)
Replied 14 November 2016

Anyone knows the answer of the offshore onshore question in 3(a) ?



Neha Somani (22 Points)
Replied 14 November 2016

offshore also income arising in india since provided to person resident in india.
hence both liable to tax in india.

Rahul (CA Final) (399 Points)
Replied 14 November 2016

do we have to calculate adjusted gti in q2 for 80 G deduction?


Rahul (CA Final) (399 Points)
Replied 14 November 2016

itat can't levy penalty i think....but i have written the opposite..

Neha Somani (22 Points)
Replied 14 November 2016

itat can levy penalty for undisclosed income u/s 271(1)(c)

om prakash upadhayay (student) (127 Points)
Replied 14 November 2016

but itat can not leavy penalty if income is increase by itat maine ye line bhi extra likhi hai


Shashikant (ARTICLED ASSISTANT) (207 Points)
Replied 14 November 2016

80d deduction if paid by credit card allowed or not?

Neha Somani (22 Points)
Replied 14 November 2016

in case of q3 (c) allowed but restricted to 25000 since paid for non resident.

SATISH (CA Final & CS Final) (90 Points)
Replied 14 November 2016

@ Shashikant it is allowed since credit card payment will be considered as other than cash it will be allowed.


Rahul (CA Final) (399 Points)
Replied 14 November 2016

how to calculate first part in q3 (c)?



Rahul (CA Final) (399 Points)
Replied 14 November 2016

how to calculate first part in q3 (c)?



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