My father in law is selling his agricultural land , I wanted to know about the capital gain implications. The agricultural area is in rural area so I believe there is no tax , but I have few doubts :
1. He also has a piece of land ( containing pond and the other area is lying idle and has few coconut trees and other plants ) how about the tax for that piece of land .
2. The seller has asked if father can except cash , if yes till how much is permissible ?
3. How to show in itr and which itr is to be filed
Dear Sir
Please give me draft board resolution for director salary\remunaration for Private Limited.
Please note that salary change every year
Please help
Sir,
The gross total income of my friend is around Rs. 12 Lakhs, of which, Rs. 6500/- pertains
to Insurance commission and the rest is against contract payments. Can he file IT return
by using ITR 4 - Section 44AD ( Business Income ) ?
Please advice.
Regards.
One GST was cancelled on writing application and the same was cancelled effective from 1/12/19
Return were submitted till November 2019.
Now on applying for GST another time, the GST authority asking for as follows:-
"your requested to furnished proof of payment of tax and copy of final return in form GSTR-10"
Final return (GSTR 10) was not filed earlier.
Now how to do it
My client is LLP has taken TAN number last year in july while LLP registration but has not deduct any TDS or collect any TCS till date. LLP is not in audit in previous year.
1.) Is there any liability to file TDS/TCS return?
2.) If yes, then can we file TDS/TCS return by ourself or do we need to go to NSDL center for return filling. What is the procedure?
Thanks in advance
E-way bill can be generated in the case of B2C when turnover 20 crore during last financial year .
Sir,
If employee retires , and also received PF amount from PF office. But during service some litigation was pending in court in a case filed by employee against employer during service period and which was subsequently settled in favor of employee after his retirement. As a result employee received arrears of salary in terms of court's decision and which is taxable as salary.
In addition employer also paid Employee the share of PF contribution on salary arrears directly to employee, as PF a/c had already closed at his retirement without any interest component.
Now query arises whether this payment of Employer's share of PF contribution , received by employee directly from employer thru bank transfer, Can it be treated as exempted income OR it will be treated as part of salary arrears and will be taxed.
what will be the GST interest rate on reversal of GST input.
I LEFT INDIA FOR THE FIRST TIME DURING SEPT 12TH 2021 FOR DUBAI FOR JOB.
I WAS GETTING SALARY TILL AUG 2021 AND COMMISSION INCOME FROM INDIA.
FROM OCTOBER 2021 I AM GETTING SALARY FROM DUBAI.
WHAT IS THE THE TAX LABIALITY FOR ME FOR THE LAST FY 2021-22
if 2 charitable trust is to merged. what are the formalities?
All Subjects Combo (Regular Batch) Jan & May 26
Tax on sale of land