Smrity
12 October 2020 at 15:54

Sale of Land

Good Afternoon All,

We have sold and land for 8.75 , 1.25 less than the amount booked and received in cash.

How to book the transaction .

Shld we show loss on sale of land or how.

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SREERAG E R
25 September 2020 at 12:25

PPF

Hi everyone,
I as a present Indian resident started a PPF account in Jan 2020 and still continuing, in case later within the 15 years of PPF duration, if my status changes to NRI, will there be any problems in contributing and withdrawing my PPF.

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EstylX Elements

Dear sir/Madam
My question :
In May 2018 I made unregistered partnership in Bangalore with two partner and same time I applied for PAN card. After getting PAN card I too applied for GST registration and got the same. Process was going to start the business , but after few months my partner left banglore in the month of August 2018 and due to some other personal reasons we could not started the business. In simple, apart from PAN card and GST registration, no business have bee taken place till now i.e., no sales, no purchase related to business. Since there was no business hence I did not file any income tax return for applicable period and I was aware about the GST related compliance hence I have compiled with it time to time properly and cancellation of GST registration is also done in December 2018 it self.

But now after coming to know that we need to cancel the PAN card and it is mandatory to file income tax return irrespective of income for every partnership firm.

Please help me in this situation that what I need to do for proper compliance.

Thanking you

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Jaysukh Ghetiya
23 September 2020 at 19:46

Canara Bank nf 1003

Dear Sir, We are having occ A/c in canara bank.My email id is jaghetiya@gmail.com

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Kollipara Sundaraiah online
13 September 2020 at 20:02

Partner ship deed and rent agreement period

A gst new registration partnership firm.
1.how much amount stamp paper value for partnership deed.
2.rent agreement time period minimum 11 months accepted.

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Arvind Kale
27 August 2020 at 00:32

Overdue interest

my one fd mature on 22 April 2015. at that time it's Maturity Amount is 31391. Now on 20.08.2020 i Request my Bank to Renew Fd. As per RBI Rule i Get Interest at Saving Bank Rates. My Question is bank calculated interest as per Compound interest formula or by Simple Interest Formula. pl. Guide

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Devina

One of my client worked in vodafone for 4 years 8 months then he joined HDFC bank.

he did not transfered his PF balance in new account of PF with HDFC

2 years after joining HDFC he withdrew whole PF balance with old employer.

10% TDS is deducted on the same.

is the same taxable?
can we consider it as withdrawal after 5 years and exempt it?

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vijay rao
24 August 2020 at 17:22

ESIC AND PF

HOW TO FIND Regions FOR ESIC and PF Registration. for EXAMPLE. Principal of business is janka puri and in delhi there are 3 region.
1.Sub Regional Office, Nand Nagri
2.Sub Regional Office, Okhla
3.Sub Regional Office, Rohini
my question is where janak puri fall in above 3 sub regional office

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Kollipara Sundaraiah online
11 August 2020 at 22:52

Upi payments

1st person Rs:5,000/- payment through on Google pay paid to another 2nd person.
1st person bank account amount rs:5,000/- debit and receiver (2nd person)account not credit .
Question:
How to contact a person and problem solved.

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PREMNATH
21 July 2020 at 11:05

PF Deduction

Sir

In a salary slip from which amount should the PF deducted. Is it 12% of Basic salary or Is it
12% of Gross salary. In our Company we calculate as follows:
Gross minus HRA* 12% if Gross amount is less than Rs 15000. If Gross is more than or equal to 15000 Rs 1800 is deducted. But in many companies payslip I find that PF is calculated on Basic salary.
Which one is correct. Thanks in advance.

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