Respected Sir
I sold a property on December 2024 which was purchased 9 years ago . Can i opt for LTCG 20 % (with indexation ) as it is more beneficial for me. I have also salary income. Pls suggest can i opt for LTCG @ 20 % if i have any other income

One article, I read recently on tax guru.
Summary / essence is below
Goods received by Indian Importer under CIF basis even though supreme court held that RCM is not applicable in import ocean freight,, but entry in the RCM notification, still present & not removed by the Govt.. If full credit is eligible & there is no accumulation of the credit. Then in the such case suggested to discharge under RCM to avoid future litigation.

In above summary " full eligible credit & no accumulation of credit " = This meaning I am not understand.
You are requested please explain exact meaning

WHILE CALCULATING LOSS ON LTCG IN EQUITY, DO I INCLUDE EXPENSES LIKE INTERNET BILL, BROKERAGE, STAMP DUTY, SEBI TRANSACTION CHARGES, GST, ETC... TO ARRIVE AT THE FINAL LOSS FIGURE?

We purchased a plot from Midc before July 2017. Can we be eligible? GST

I GOT WIPRO BONUS SHARES LAST NOVEMBER. 26 NOS. HOW TO TREAT THEM IN DIVIDEND AND OR STCG? NOT SOLD YET.

A bungalow owner is giving his property to developer for redevelopment. Developer will be developing the property and in exchange he will give two flats to the bungalow owner out of six which he will construct. The remaining four flats will be the property of developer. Developer will also give monetary benefit of Rs. Tweny Lakhs to the bungalow owner. A bungalow is the old residential property and the base cost will be of 01.04.2001 after having a valuation report by the valuer.
What will be the capital gain in this case? Also guide for the relevant section and orders or decisions with similar to this incident.

Many thanks

when to make E way is compulsory.

what is DRC 3 Challan under GST.

is Gratuity provision made yearly basis and Gratuity allowable on Paid basis under section 43B before filing of ITR of income Tax.

Sir/Madam

One of my friends forgot to make the Darken Circle of MCQ Booklet No. in the CA-final Examination of IDT exam. So, would there be any problems in verifying the Answer Sheet?


Darken the circle around each MCQ answer done on the Answer sheet.