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Zubair
In business we sell goods outside state. so can we avail itc on transport service @5%. can we avail input tax credit of 5% of gst charged by transporter.
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Chetan Ahire
Hi, Can one claim income tax benefit on purchase of commercial property with loan.
Yes, you can claim the benefit of the interest component on the loan paid for the purchase of the commercial property.
Please note no deduction is allowed for the Principal Component paid during the year u/s 80C.
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Rini Sinha
I work for a UK company. How should i file my taxes in India?
Is it a permanent thing or a temporary thing because of COVID?
Any which ways you need to show it as salary income in India but be aware that that could create an issue for your company also.
You can have a consultation to discuss on how you can save tax on same.
To book consultation with expert click here: https://www.taxontips.com/tax-notice-personal-consultation/
If you are working remotely from India and receiving your consideration in India then you will be liable to pay tax on this income in India.
For more details, you can connect with us at ca.pujasharma@outlook.com
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Anuj Tomar
Can i buy a tractor on loan to save tax?
Please share more details about your query. Even if you buy a tractor from your funds, you will get depreciation on the tractor which can help in saving taxes.
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Ujwal
I did not declare my FBP, now how do I know my HRA as it will not be shown in salary slip and how do I claim exemption while filing ITR under section 10 or 80
Sorry didn't understand your question, but you can book consultation with expert to get an opinion.
Click here: https://www.taxontips.com/tax-notice-personal-consultation/
