Experts : 1 Days Post

Displaying all posts within 1 days

hemang shukla

12 January 2026 at 10:08

Posted On : 12 January 2026

In Reply To :

LTCG loss on delisted shares

Thank you, that is helpful.

Dhirajlal Rambhia

12 January 2026 at 09:03

Posted On : 12 January 2026

In Reply To :

Treatment of Proceeds from sale of Jointly held Flat

B: 44.44% D&E : 11.11% each % C: 33.33%.. accordingly TDS can be deducted.

Aashok Kumar Sharma

12 January 2026 at 07:12

Posted On : 12 January 2026

In Reply To :

Money returned by sons given as gift

• बेटे पैसा वापस कर सकते हैं — कोई दिक्कत नहीं
• Unsigned gift deed legally irrelevant है
• Father को वापस पैसा लेने में tax नहीं
• Son to Mother gift पूरी तरह tax free
• Gift ITR में exempt income में दिखाना चाहिए
• Past ITR non-filing कोई problem नहीं
• Mother की ITR केवल interest के आधार पर बनेगी
• सब transactions bank route से करें

Aashok Kumar Sharma

12 January 2026 at 07:09

Posted On : 12 January 2026

In Reply To :

ISSUANCE OF TAX INVOICE IF CAR/BIKE SOLD SHOWN IN FIXED ASSET

• Sale of car/bike used as fixed asset is taxable under GST
• Tax invoice must be issued even to URD
• GST rate normally 18%
• Margin scheme may apply if ITC not claimed
• Must be reported in GST returns

Aashok Kumar Sharma

12 January 2026 at 07:06

Posted On : 12 January 2026

In Reply To :

LTCG loss on delisted shares

• Delisting alone does not allow loss
• Loss allowed only on transfer
• Off-market sale is valid
• Family transfer is allowed only if genuine sale
• AIS mismatch does not invalidate claim
• Loss must be reported in Schedule CG