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Ritesh -- Portfolio

Ritesh Chopra

new delhi

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Hi. I have a relative who writes books for a living. He has been living in India till date.

If he leaves India on 1st April 2018, and stays in India for less than 60 days every year thereon. Upto which FY should he pay taxes on income arising out of India?
Jan. 10, 2018
I have understood the meaning of ALP....It is the price at which transactions are entered between unrelated parties...But what is the significance of Arms Length Price....
Dec. 18, 2017
Section 80IB limit inapplicable to housing projects approved before 1-4-2005
Jun. 15, 2016
Assessees claimed benefit u/s 80IB which provides for deduction of 100% of profits for developing and building housing projects. Different High Courts held that assessees are entitled to deduction. Amendments were made by Finance Act No 2 of 2004, dated 1.4.2005, but the assessees' housing projects were sanctioned before 1.4.2005. Suprme Court held that s 80IB(10)(d) did not apply to projects approved before 1.4.2005.
Hi
I am a local trader based on Delhi. In the past 3 years, I had been running a layer poultry farm, the income from which, I reported under PGBP in ITR 4.

But from this year, I have let out the property and receiving rent instead of income as before. Can I file the return for 2017-18, showing the rent income under PGBP or house property?
Jan. 10, 2018
What are the major reasons for failure of Business Process Management System (BPMS)?
Mar. 06, 2018
How can you alter the capital clause of a company according to companies act, 2013?
Dec. 18, 2017
A notice was served to me under section 133(6) and subsequently the file was 'closed' by the assessing officer upon me presenting relevant documents. However, I was told by him that no assessment order will be provided. I want to know that assessment orders aren't issued after closing file under section 133(6) ?
Jan. 10, 2018
My father has company which is working under online services. Company is planning to export its services. What are the options available to export of services ?

Jan. 29, 2018
Will the services provided by taxable restaurant in other parts of the hotel e.g. swimming pool, or an open area attached to a restaurant be also liable to Service Tax?
Jul. 17, 2015
Hey....Our company had ordered Boiler from Pratapgarh Boilers Ltd....Pratapgarh Ltd failed to deliver the boiler on time because of which there was delay in commencement of commercial production in our company.....Due to delay in supply, we received Rs 700000 from Pratapgarh Ltd....Now will such amount received be taxable in the hands of company or will it be a capital receipt....
Dec. 18, 2017