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Can you please ascertain the date of maturity of a bill payable 110 days after sight and which is presented for sight on 6th May, 2017.
Dec. 13, 2017
...... I am a freelance web designer and cater exclusively to overseas clients and receive weekly payments in my bank account through an online portal, Upwork. I have submitted my tax return under section 44ada for professionals. 1. Does my income qualify for section 44ad as sole proprietor? 2. Will I need to register the company in any form to file under 44ad as sole proprietor? 3. Will I have to modify my previous tax return? Any advice would be much appreciated. Thanks!
Jun. 08, 2018
What is the responsibility of the taxable person making supplies to UN bodies?

Dec. 29, 2017
What will be the place of supply if the goods are delivered by the supplier to a person on the direction of a third person?
Dec. 27, 2017
What are the conditions necessary for obtaining ITC?

Dec. 29, 2017
Please explain the circumstances under which using computer for auditing is a must.
Feb. 08, 2018
.......I am planning to invested in a sole proprietorship business for 10% return monthly. I will be getting a legal agreement containing all the terms regarding the investment and its return policies. My doubt is , since I am not an financial institution, am I legally eligible to do such investments. Can I show the income source of 10% while doing Tax filling? Thanks in Advance
Jun. 08, 2018
I'm home tutor. I have no other income. I want to file my income tax return. Please guide.

Mar. 21, 2018
Hi

I had been in some financial difficulty for quite a long time. To help me out, my friend deposited cash 15 lakhs in my account. I have a few queries, kindly answer these:

1)Is this amount taxable in my hand?
2)If yes, how much tax I have to pay?
3)How should I describe this fund-Gift from a friend?
4)whether I have to obtain a written document from my friend stating that he has gifted rs 15 lakhs to me.
5)I had not paid any advance tax-what will be the interest on tax?
6)Will IT Dept.slap any penalty?
7)All deposits are in cash-will it attract the provisions of IT ACT Sec 269SS
Jan. 04, 2018
We used 44ADA in ITR3 and it got defective. Error code 181. We wanted ITR4 for 44ADA, but had to go with ITR3 because of capital gain. Now I have 3 questions regarding this problems Question 1: Do 44AA and 44ADA apply in parallel under certain circumstances and conditions?
Question 2: If answer to question 1 is YES, what are these circumstances and conditions?
Question 3: If answer to question 1 is YES, then for professionals who are eligible for 44ADA, if professional income is declared under 44ADA in ITR3, then detailed BS and PL have to be filled in ITR3?
Please solve my queries as soon as possible
Jun. 08, 2018

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