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limn limn
This Query has 1 replies

This Query has 1 replies

I am paying a Rent of 65k for a flat which have 2 owners as per the agreement. So do I have deduct TDS from the rent even if the individual payment is 32.5k per owner?


Neha Anand Dhakorkar
This Query has 1 replies

This Query has 1 replies

18 April 2024 at 19:57

Capital gain 54 section

Father sale property in 2014 . Amount is invested in new house in same year in name of his son. Is he entitled to claim exemption u/s 54?. He died in 2020 . Receive notice in 2023


Rupinder Singh
This Query has 1 replies

This Query has 1 replies

Hi Sir/ Maam

My client had purchased shares of Rs 50 lac in 2016, Today the rate of shares are Rs.27.20 Crores. Kindly tell me how much will be the Capital gain.

Regards
Rupinder


Ganesh k
This Query has 1 replies

This Query has 1 replies

18 April 2024 at 17:14

GST SECURITY SERVICES

MY CLIENT DOING THE RETAIL BUSINESS , THEY PAID THE SECURITY SERVICE CHARGES : 10000+18% GST , ONCE GST IS PAID THEN RCM IS APPLICABLE


Flower Blossoms
This Query has 1 replies

This Query has 1 replies

Hi Sir,

We have been issued 147 notice initially around 2 years back and then last year finally the closure proceedings were initiated with 0 amount tax payable by me. Infact there is a return/ refund available in the closure statement.
After the closure proceedings were initiated there are 271 notices that are being issued but our tax agent suggested to just ignore them as the closure proceedings were initiated and the tax payable is 0. Please suggest if these can be ignored or anything needs to be done as we are getting reminders for the same notices with tight deadlines. Our tax agent mentioned that these are autogenerated emails and can be ignored. Please advice.


PARAS CHHAJEDpro badge online
This Query has 1 replies

This Query has 1 replies

A firm converted its capital asset being land which was acquired in the F.Y. 2015-16 for Rs.47 lacs into stock in trade on 01.04.2021 at the Stamp Duty Value being Rs.205 lacs. Later, a layout plan was approved, development was completed in FY 2023-24 and the land was diverted and sold as developed plots. Around 40 percent of plots were sold during the FY 2023-24.
Till the FY 2021-22 the accrued capital gain shall be taxed as Long-Term Capital Gain but shall be taxable in the FY 2023-24 with indexation upto FY 2021-22 only, on the plots sold during this year. How such income/transaction shall be filled up in ITR 5. Please guide. Thanks


BISWAJIT MAIKAP
This Query has 2 replies

This Query has 2 replies

HOW TO ADJUST A CREDIT NOTE BILL FOR SALE TO AN UNREGISTERED PERSON IN INTER STATE/OTHER STATE , WHEN INVOICE VALUE IS LESS THAN 2.5 LAKH?
WILL IT ADJUST IN B2C(OTHERS) TABLE ?
IF, NOW B2C IS NIL , THEN HOW TO ADJUST IT?
PLEASE ANSWER AND HELP.


Somnath
This Query has 1 replies

This Query has 1 replies

17 April 2024 at 18:07

GST on unregistered purchased

Dear All
RCM exemption limit up to purchase Rs 5000/- per day / per person still exist or withdrawn by GST department ?
If removed then what is the current unregistered purchase limit for RCM ?

Regards


kollipara sundaraiah
This Query has 2 replies

This Query has 2 replies

Sir,
A person new started forex olymp trade investment some amount and some transactions trading
Question:
Assessess itr returns filed compulsory or not.


Rajesh Lohiya
This Query has 3 replies

This Query has 3 replies

Hello Team,
I got an offer from JAPAN company. Where i suppose to work from India with intermittent visits to JAPAN for 2-3 weeks.
I would need your assisnace on tax part. My queries are as follows

1) Where should i ask them to deposite my salary
a) Indian Bank Account
b) International bank Account
c) JAPAN bank Account
2) If salary is created in Indian Bank Acc
a) Do i need to pay tax in JAPAN?
b) Do i need to pay tax in india?
c) Both?
d) do i need to pay GST in india?
3) If salary is created in International bank Account/ JAPAN bank account
a) Do i need to pay tax in JAPAN?
b) Do i need to pay tax in india?
c) Both?
d) do i need to pay GST in india?