Latest Answers (47,696)
 | How to show proof for payable taxI'm filing ITR. In that it is showing tax payable as 48k. I want to know is there anyway to save the money. Answered by Rohit R Sharma 8 years ago |
| About audit requirement for turnover exceeding Rs 1 croreDear Sir, I am a homemaker since 5 years. I was working before in IT industry. I have now become a short term investor in the stock market since Jan 2017. I have 2 questions. 1)... Answered by Rohit R Sharma 8 years ago |
| Is P & L account and balance sheet required?I am a Senior Citizen(72 yrs). My income comprise Interest from Bank FD, Corporate Bond, Company deposit, Dividends, Capital gains, LIC Pension. Total annual income is less than... Answered by Rohit R Sharma 8 years ago |
| Income tax implication on rental valueI and my wife are domicile and resident of Noida, Uttar pradesh. Now we are planning to buy a second home in Goa for rental purpose. I am borrower and my wife is co-borrower for... Answered by Rohit R Sharma 8 years ago |
 | About audit requirement for turnover exceeding Rs 1 croreDear Sir, I am a homemaker since 5 years. I was working before in IT industry. I have now become a short term investor in the stock market since Jan 2017. I have 2 questions. 1)... Answered by Vidya Jain 8 years ago |
| Do freelancers need to register for GST?This question was kept private Answered by Rohit R Sharma 8 years ago |
| Advice for taxation on offshore account moneyThis question was kept private Answered by Rohit R Sharma 8 years ago |
| Income tax noticeMy dad expired on Jan 16 due to illness , got a notice from income tax dept recently as my dad didn't claim income tax returns from past 1 year. Now what should we do ? And one... Answered by Rohit R Sharma 8 years ago |
| Income tax noticeMy dad expired on Jan 16 due to illness , got a notice from income tax dept recently as my dad didn't claim income tax returns from past 1 year. Now what should we do ? And one... Answered by Rohit R Sharma 8 years ago |
| Confusion on NRI statusThis question was kept private Answered by Rohit R Sharma 8 years ago |
| MVAT (pre GST) for plastic gloves used in cosmeticsHello , I need an official notification on MVAT (pre GST) for plastic gloves ( used in cosmetics) and the leaflet inside it. We are traders. Can you provide us the exact... Answered by Rohit R Sharma 8 years ago |
| GST on commission received from abroadHello, I have a sole proprietorship company in New Delhi and receive commission as agent of foreign company. Here is how it work: - A foreign company, which does not have any... Answered by Rohit R Sharma 8 years ago |
| Section 24 & 80EEI had a doubt regarding relief under section 24 and 80EE.... If i have started paying EMIs of home loan for a flat which will be handed over to me after 2 years(possession).... Answered by Rohit R Sharma 8 years ago |
| Section 24 & 80EEI had a doubt regarding relief under section 24 and 80EE.... If i have started paying EMIs of home loan for a flat which will be handed over to me after 2 years(possession).... Answered by Rohit R Sharma 8 years ago |
| Tax benefit claim on house loan u/s 24 and u/s 80(C)I have taken house loan and house loan for renovation (on same property) seperately in FY 2016-17 from same bank. The loans are granted in May 2016 and I have taken property... Answered by Rohit R Sharma 8 years ago |
| Sales to unregistered interstate dealerDear Sir, Myself Sethuraman from Tirupur, a knitted garments manufacturer registered under GST. I would like to know whether I can take Input tax credit when i sell to... Answered by Rohit R Sharma 8 years ago |
| Job work tradingHi,Freinds,please let me know THE POSSIBILITIES for the following under GST RULES , A person who is purely a trader, under present scenario receives goods on behalf of his... Answered by Rohit R Sharma 8 years ago |
| Filing loss in FnO TradingNeed help in filing losses in FnO trading. I have no other income, traded with borrowed money from friends and family.Loss of around 3 lacs, should i file or just let it go.... Answered by Rohit R Sharma 8 years ago |