I and my brother are partners in a firm.We want to sell the land in MIDC PUNE.We wish to know the rate of capital gains tax and whether we can buy another house or commercial space and also invest 50 lakhs each in Infra Bonds to take advantage of tax exemptions under the Capital Gains. Sine we are both senior citizens and aged 68 and 70 yrs respectively,and are retiring from the business,do we have any exemptions under the IT act. Help in this matter will be highly appreciated as this will be the only saving we will have.
Client is interstate sub broker of stock market and was forced by broker to obtain GST no .Now the clarification came that if Interstate brokerage is less than 20 l then no registration required . Now my client who took regiatration wishes to surrender his GST registration
What is process ?
We have consignment re exported for repairs and return.
While sending for Reapirs(re export to the manufacturer) the cosignment was customs cleared and we obtained all documents from the Carrier (TNT) except this important document. which we were not aware.
Now the repaired instrument has come back duly repaired and need to be import customs clearing.
They are asking for EP copy which we don't have.
The time lapse between re-export and import is > 6 months and I worried the consignment is being heavily fined for not clearing on time.
How do we proceed. Please suggest.
I am a sebi registered sub-broker in stock exchange with brokerage refund less than Rs. 20 lacs per annum. Do I need to register under GST?
What is the maximum amount that a director of a pvt. Ltd. co. (having two directors) can claim and under what section? Is TDS required to be cut?
WE have Paid Wrongly Amt in Cess How to get REfund or its can be adjusted in coming GST Filing in August.
Our PRoducts Not Covered Under Cess. How to CLaim Plz Help.......