LTCG incurred for FY 2019-20 say 1 lakh
But not invested i 1lakh n CAGS by 30th September 2020 .
However on the contrary invested in an under construction property - 1 lakh ( entire capital gain utlised) on 20th November 2020 before filing IT Return(Date of filing Return extended to 30th Nov)
Please help understanding tax implications in this case
Which book is IDT is best for self study as well as in Practice ?
What will be the date of acquisition of the property for calculating the Capital Gain in the following situation?
Mr. Kumar purchased the property on 05.06.1986 & then he has transferred through settlement to his son Mr. Krishna on 05/11/2002 thereafter Mr. Krishna transfer the property by settlement deed on 18.03.2018 to his daughter Divya . Now the property has been sold by Divya on 18.11.2019.
A person has provided event related services to supplier and invoice has been raised now recipient is not making payment after several reminder what kind of remedy(s) available to the supplier to received their payment .
I want to know about TRACES can recipient upload his invoice on traces to get their money if recipient registered on TRACES
Dear members,
If a person receives salary of RS. 25000/- per month in cash from an assessee who is not covered under sec 44AB audit. Will Section 40A(3) get attracted???will the assessee or employee be penalised under any other sections of the Income Tax Act???
I have submitted the form 109 in ssp portal for transfer. But by mistake I have submitted the blank form...So now what I have to do..
Can I get further chance to upload the signed and correct form or not.
Dear sir/madam,
I have completed 1.5 years of my atricleship training. But now due high work load and ill behaviour of my principal and the management there, I want to take transfer. My manager is also allowing me for the same but on a condition that he will count 3 months as a leaves during a lockdown period saying that the benifit of lockdown period which ICAI has allowed is only for those articles who will not leave his firm and its his call to whome such benifit should be provided and to whom not.(jo ukhadna h ukhad lo, jitane hath pair marne h mar lo, tum mera kuch nai bighad sakte)
But I have done Work from Home for those whole days during lockdown (counting average daily working hours of 9) from 21st March 2020 to 8th june 2020 (the first lockdown was from 21march to 14th April, and thenafter NMC Nagpur Mahanagar Palika had continuously exted the period of lockdown say lockdown 1, 2.0, 3.0, 4.0 till 8th june, 2020)
Please help me out how should I handle this situation, is my principal is right whatever the power he is claiming?
Hi,
Is the ca final old syllabus date is extended to May'2021 ?
Dear Sir, I am a newly qualified CA. One CA firm offers me for partnership. should I join that firm as partner after taking FRN or without taking FRN. What is benefit of joining CA firm as partner after taking FRN.
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
LTCG