interest on partners capital should be given on Fixed capital or Fixed and variable capital also. Please reply

Sir,
It assessee some shares transaction in f.y.2014-15. investment amount through on different cash loan un secured loans received from different persons.
Question:
Different cash loan amounts from different persons sec 68 provision applicable in it act.

My wife is a salaried person and she got Intimation u/s 143(1) for ITR2 of A.Y. 2021-22 . It shows Opted for 115BAC : As provided by Taxpayer (yes) , As Computed u/s 143(1) (No) .

ITR2 is still showing under process in income tax portal. What should i do ?

Sir,

I have filed my income tax return on 31-12-2021 by opting Tax payable under new Regime. But I forgot to file form 10IE till now. Now I have received a demand order to pay the balance amount of tax. Whether I have any option to file form 10IE right now. Is there have any solution for the said case?

Assessee received property from government under Dhanapatra ( for under previledged people ) and zero cost . How to record the property value in books of assessee and how to calculate capital gains in case of sale of such property

I have filled my ITR according to new tax regime but after processing I have got a notice for outstanding tax demand as the tax was calculated using old tax regime and I have filled no deductions.
Please help me correct it.

Dear Sir,
a person carrying status of Residence of India. Now from 1st oct 2020 he is staying in Netherland for PHD.
Query 01: If he get Scholarship of Rs. 11 lakh from University Netherland then is exempted u/s
10(16)?
Query 02: If he get Rs.11 lakh as a salary then it is taxable ?. if Yes then under which section?

Please Reply as early as possible
Thanking You

Hi,

I am thinking to help one good student (but underprivileged) to study their higher education(B.Tech). I am doing this because many of us have been there.

The Tutuion fee is about 1 lakh rupees per annum. I would like to know if I can get some form of Tax exemption for this amount. I am fine with taking a certain approach if that saves tax.

Thanks in advance..

Dear all

I have one question regarding to start new business for dealing in share, mf and other instruments.

One of my friends have fund exceed of Rs.1 crs. And he wants to start or take franchise for dealing in share and other security. He wants to know how to start new business and need clarification of doubts. His main motto to clear foll. Doubts are he want to reduce tax liability-

1) He will start business as a Proprietor or create new partnership firm
2) He will start business as new company incorporate
3) He will create Investor Institutional -legal entity (also want to know how to create investor institution and where to apply and what is charges for that??)

Please clarify to me at earliest. He want to start new business from April 2022 onwards

If A Takes a Building from B on Rent for 1L PM and make Interior for App 100L then how it will be capitalized by Tenant