Latest Answers (47,757)
 | 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 |
| Gift of shares, equity MF, and debt MF to NRI sonI am an Indian citizen living in the US. My father is gifting me shares, equity MF, and debt MF. I want to understand the tax consequences. My specific questions are as follows.... 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 |
| Can i show Car/Flat (business purpose) purchase cost as expenses?This question was kept private Answered by Rohit R Sharma 8 years ago |
| GST for partnership firmWe have a dental clinic which is run by two partner. We have partnership deed and it is a partnership firm. For clinic purpose we have to buy some consumable and some non... Answered by Rohit R Sharma 8 years ago |
| Income tax on arrearsSir I was retired from defence service on August 2016 and joined in bank as a clerk. Defence sources doposited 9000 as tds on my retirement. My bank did not cut any tds till... Answered by Rohit R Sharma 8 years ago |
| I am a freelancer who is clueless about tax-stuffI need information. Information to do things from today to the day of my my first tax-payment. I am confused. I don't even know that I should know. So, here's some. I am a... Answered by Rohit R Sharma 8 years ago |
| Capital gains tax on house purchased and sold less than stamp valThis question was kept private Answered by Rohit R Sharma 8 years ago |
| Capital gains tax on flats sold after JDA with builderHi,We have a piece of land and we entered into a JDA on 2016 for the development of it with a reputed builder. The land was bought by my grand father in 1957.The same has been... Answered by Rohit R Sharma 8 years ago |
 | Do freelancers need to register for GST?This question was kept private Answered by B Vijaya Kumar 8 years ago |
| 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 B Vijaya Kumar 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 B Vijaya Kumar 8 years ago |