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Navsheel Sharma

Category : ITR 6 (C..,
Solved
January 13, 2016 6:04 pm
  • ITR 6 (Companies)
whether bad debts which have been claimed by a company in its p & l will be taxable as deemed business income in the hands of its successor company (after amalgamation) if it is recovered by the successor company??? related sections 36(1)(vii),41(1) and 41(4) of Income Tax 1961
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Ayushi
As per section 36(1)(vii) you can write off the debtors and claim it as bad debt when debtors are irrecoverable and after writing off them if bad debt is recovered than as per section 41(4) it is taxable as PGBP, even if the business is not in existence, assessee should be same than only section 41(...
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  • January 13, 2016
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Mukesh Sharma

Category : TAX CRED.., Disallow..,
Solved
January 13, 2016 11:16 am
  • TAX CREDIT
  • Disallowance of Tax credit in 26 AS.
I had filed the IT return of assessment year 2014-15 and paid the self assessment tax through e-Challan on 31/07/2014. Then I got the communication from CPC regarding the mismatch of self assessment tax amount between the "As Provided by Taxpayer and/or Information available on record" and "As Com...
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Ajay
share your intimation under 143(1) or order under 154 whichever you have received than after looking at it, will come to know what exactly is the problem....
  • January 18, 2016
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Amlan Dutta
I think i had replied earlier ...unless you take credit of paid self assessment tax in return in schedule IT , you will not get credit for it even if it appears in 26 AS ......
  • January 18, 2016
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rohit thakur

Category : Presumpt..,
Solved
January 12, 2016 4:27 pm
  • Presumptive taxation
filling itr 4s(sugam)for contract work(value less than 1core), is possible if also have salary income in which exempt allowances are more than 5000....and also want to know if assessment is done after filling itr 4s there is any need to show any documentation to AO.....
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Amlan Dutta
Yes, one can and all documentation as required which shows turnover etc will be required during scrutiny assessment ...one doesn't need books as required under 44AA and no audit under 44AB , but normal tally books etc which would show turnover backed by solid evidencing of receipts will be still req...
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  • January 12, 2016
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Anamika Mishra

Category : Request..,
Solved
January 12, 2016 12:12 am
  • Request
hello Sir;
How to access all video regarding basics of Finance. As I am an Engineering Background student I had studied about all topics like what are the basics of shares and stock market?? but got muddled. .
so I need some tutorials regarding all topics..
Thank you so much sir.. Smile
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Amlan Dutta
https://www.youtube.com/watch?v=PHnNU1YXQ_I&list=PL_16BSQMjAHMOHJ7zofk3XInb0RFHWbcl This is a playlist of 41 tutorials ...see if it helps !
Play
1 (Financial Instrument) What is Bill's Discounting
Case FE 5 - What is the Difference between Bills discounting and Factoring Solution - By Amlan Dutta Common Preface - I am seller of cars from India ...i get...
  • January 12, 2016
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