We have private ltd company having alloyed shares in the yar may 2015 and sold the shares (unlisted)in the year Sep 3017.My qtn is whether it will be treated as long term capital gain or short term.most of them telling it is LONGTERM PL CLARIFY
Answer nowDear Sir
I am miss to deposit my advance tax.
we have partnership firm can i deposit my tax now
or any interest and penalty need to be paid ?
Please guide
I want to ask if there is no salary income for an individual but only income from other sources, then could i file ITR-1 for the same. Total income is within 50 lakhs but different sources like commission & brokerage because i have seen that it could be filed in cleartax website but people are telling me to file itr-2 because itr-1 is only for salaried person. so i want to ask if a person with no salary income can file itr-1 for income from other sources?
Answer nowRESP. EXPERT
WE ARE TRUST,BANK DEDUCT TDS ON OUR FD ON 31 MARCH AT THAT TIME WE DONT HAVE PAN.WE APPLY AND GOT PAN IN AUGUST.CAN WE GET REFUND.PLEASE SUGGEST THE PROCEDURE IN DETAIL.WE ARE THE RELIGEOUS TRUST.
Can purchase of two flats adjacent be claimed under sec 54 under capital gain post amendment 2015 and is there any case law regarding same
Answer nowCan purchase of two flats adjacent be claimed under sec 54 under capital gain
Answer nowI received gift from my father rs. 5 lac. I also have consultancy income also. What is the tax treatment if i file my income tax return for the AY 2017-18
Answer nowDear Sir,
I have collected cash 10 lacs (cash sales) and spent 3lacs and balance deposited to Bank.
Kindly guide me how to give this information to the department under cash transaction 2016 online. There is no provision to give details about amount spent.
Dear Experts, We are Private Ltd Company and Rent Rs.80000P.m & TDS deducted Rs.8000P.m.We not deposited the TDS on rent for the whole financial year, now what to do to rectify this problem. We not file the TDS Return for the whole financial year.Is there any way to avoid Penalties and Interest for not filing the TDS return.
Answer nowI filed the return ITR4 in july & e-verified but the refund was not credited yet
Answer now
Long term capital gain