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Question & Answer


J

Jitender

19 Aug 2022

Hello,

My father (age 64 year and dependent on me) was diagnosed with Chronic Kidney disease. He is undergoing treatment for both Allopathy and Homeopathy from doctors registered by Medical council of India. Doctors are ready to give certificate if needed.
I have 2 questions:
1. As expenses are more than 1 lakh, can i split it as below while filing ITR
1. 80 D Medical expenditure for parents - 50k
2. 80 DDB Medical treatment for specific disease - chronic renal failure - 60k

2. if i can claim as mentioned in 1, do i need certificates from both nehprologist and homeopathy doctor ? what should be format for the same.

Kindly help me with this information

No Reply  


H

Harsh Jain

18 Aug 2022

Father expired. Sole proprietor of firm. Looking for advice.

Replies (3)                          

CA Puja Sharma       18 Aug 2022

If you want to carry forward the business as a sole proprietor and you are the legal heir to it, then you can carry it forward in the same form.

CA Deepak Kucheria       18 Aug 2022

May God rest his soul in peace. To discuss the way forward about the business concern, kindly connect with us at deepakkucheria@gmail.com or +91-9911744028.

CA Rahul Dwivedi       20 Aug 2022

Dear Harsh,
you can continue the business of your father with the same same. You will need shop act licence in your name for the business. For further consultation you can approach us on ca.rahuldwivedi@gmail.com or 9004485377

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A

Ajay Kumar

14 Aug 2022

Hello , Sir/madam
I receiving money through paypal/wire transfer from foreign compay and both paypal and wire transfer deduct gst and as i know services provided to outside india is zero rated . And paypal and bank(if i receiving directly to bank) deduct gst from my revenue received and submit to govt...
So in this case if registerd under gst do i need to file nil return every month because already paypal and bank deduct gst from my revenue..and what is the procedure to claim back ITC refund

Thank you

Replies (2)                          

CA Deepak Kucheria       18 Aug 2022

To discuss the GST compliances in detail, kindly connect with us at deepakkucheriagmail.com or +91-9911744028.

CA Rahul Dwivedi       20 Aug 2022

Dear Ajay,
GST on export of Service is 0%, however you have to file the GST return as per your filing frequency.
For further consultation you can approach us on ca.rahuldwivedi@gmail.com or 9004485377

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K

Kinjal Haria

13 Aug 2022

Can gift deed from mother to daughter be executed for outstanding balance ?

No Reply  


M

Mukesh Pawar

12 Aug 2022

I want to take a home loan with my wife jointly. she will be the co owner of property and co borrower in home loan with me. full emi will be paid my me. she is housewife. my question is interest tax rebate depend upon propery share or not. would i be able to avail full tax rebate or not?

Replies (2)                          

CA Shruti Goyal       15 Aug 2022

Hello
Since both are co owner both will get equal deduction of interest.
Further clarification contact cashrutigoyal127@gmail.com

CA Rahul Dwivedi       20 Aug 2022

Dear Mukesh,
You can claim full interest deduction if you are the actual owner f the property, i.e. all payment is made by you, entire emi is paid by you etc.
For further consultation you can approach us on ca.rahuldwivedi@gmail.com or 9004485377

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