Daya

whether Bill of supply can be issued in the following cases
Nil Rated, Exempted supply and Non GST supply
whether in this case E-way bill is Generated or not.


Daya

Transaction Date or Value Date


Daya
02 February 2025 at 16:52

What is meaning of changes in invent

what is meaning of changes in inventories
= Closing Stock -Opening Stock =( ) Minus sign
= Closing Stock -opening stock = + Plus sign
Plus sign means and Minus sign means Gains or expenses


Sangeeta Jakhar

Please share Excel Tax calculator for salaried govt. Employees for AY 205-26,FY 2024-25.


Mahesh Shah
02 February 2025 at 16:24

Deemed rent on house property

1) What will be deemed rental value of house property if --
a) House is in remote village and is unfit to reside in and due to remote area there is no value of rent ( rent value is nil) as nobody is ready to take house on rent
How to convience income tax authority that deemed rent is nil??
Kindly guide
Thanks


Srimannarayana

While filling GSTR3B filed with selecting Nill rereturn due to this we have not claimed ITC in 2023 ITC comparison statement showing short fall. We have not utilise the same. Please suggest what to do


deepak
02 February 2025 at 13:39

ITC credit relationship

One film production company received subtitle services from one gst registred person and paid GST to him. Now CAN film production company take ITC against his sale of services liabilities?


raghavendra b

DEAR SIR,

ONE OF MY CLIENT PURCHASED A RESIDENTIAL HOUSE IN THE YEAR 2023-2024 COST OF RS.9,00,000/-, HE HAS SOLD THE PROPERTY COST OF RS.15,00,000/- IN THE YEAR OF 2024-2025, AND ALSO HE HAS PURCHASED AN AGRICULTURAL LAND OF COST OF RS.15,00,000/-.

NOW MY CLIENT AVAIL THE CAPITAL GAIN EXEMPTION BENEFITS OF U/S 54

THANK YOU


pkkapoor

An Indian working & paying Income Tax in Singapore for last two years but visits India for more than 60 days then he becomes a Resident for IT purposes.

1. What is the significance of 60 days rule?
2. What would be benefit/disadvantage if he visit less or more than 60 days?


srinivas
01 February 2025 at 23:46

Sale of property

We are four siblings and planning yo sell a plot along with three shops built on it in a town in karnataka. How do we show the income recd as a part of my share in my tax return and do I need to pay any income tax on the amount received. If I opt not to take any amount from the sale proceeds ,do I still have to pay any tax on my share in the proceeds as I willbe signing in the sale deed even if i dont accept the amount .also let me know which will be less costly and less cumbersome to execute a gift deed or relinqishment deedfor my share in favour of any other sibling .