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sandeep

Category : How to f..,
Solved
July 20, 2018 12:15 pm
  • How to fill financial particulars of Business/Profession
Hello Sir,

This is Sandeep & i am working as a professional. my total annual income is 4766617 Rs. i am applying ITR refund under 44ADA. can you please tell me fields should be zero under "Financial Particulars of Business" or need to enter amount. i had taken some loans from bank and some of other...
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Amlan Dutta
Following the business entity concept , all transactions for other than business/profession need to be kept separate ...your home loan etc loans that are personal in nature need not be reflected in the financial particulars of the business ...check the answer options - video for this answer to see r...
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Following the business entity concept , all transactions for other than business/profession need to be kept separate ...your home loan etc loans that are personal in nature need not be reflected in the financial particulars of the business ...check the answer options - video for this answer to see relevant video for knowing what to fill in the financial particulars of the business/profession...
  • July 21, 2018
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Faheem Akram

Category : Preparin..,
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July 20, 2018 12:04 pm
  • Preparing Balance sheet
While filing ITR3 ? What will be kept in mind to avoid tax audit?
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Amlan Dutta
Audits fall under section 44AB .......You can check eligibility criteria ......Audit is required mandatorily for business or profession when turnover exceed the specified limits and also when one declares income lesser than presumptive levels i.e 8% of gross receipts for business and 50% of gross re...
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  • July 21, 2018
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SANTOSH NADIG

Category : 80 DDB -..,
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July 20, 2018 10:40 am
  • 80 DDB - Senior citizen - Self or dependent
hi, Amlan ji
i had spent 15000 towards the operation of my father who is 65 years of age, can i avail tax benefit for this, if yes under which section
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Amlan Dutta
Operation for what exactly ......Section 80 D ( premium on mediclaim policy under section 80D ) Note had your parent been a super senior , the answer would have been very different...........also,operation doesn't exactly qualify for health check up expenses , so the 5000 rs benefit ( recently int...
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Section 80D: Income Tax Deduction For Medical Insurance - H&R Block
Claim tax deductions u/s 80D if you have incurred expenses towards medical insurance. Read more about section 80D deductions in this guide by H&R Block.
  • November 27, 2018
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SUDHIRA PRUSTI

Category : Deducted..,
Solved
July 20, 2018 10:32 am
  • Deducted TDS not appearing in form 26 as
My Employer has not deposited the TDS deducted amount for FINANCIAL Year 2017-2018 . When I consult with the accountant he told me that within few days he will deposited the Amount and it will show in the FORM 26 AS . The today is 20th July .2018 . Kindly answer whether it is possible to deposit th...
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Amlan Dutta
To be honest, your employer is cheating you guys ....It is not that he has to deposit TDS at the fag end ...salary TDS for every quarter has to be deposited in time else the advance tax liability will fall on you ...anyways claim the credit which will be disallowed by the assessing officer until it ...
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  • July 20, 2018
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