I HAVE MADE TOTAL IGST SUPPLY BASIC VALUE = 32967 Rs TAX 18% = 5934.06 Rs AND LOCAL SALE OF BASIC 3200 Rs TAX 18% = CGST=288 Rs AND SGST=288 Rs. IN THE SAME MONTH I HAVE RECEIVED IGST SALES RETURN OF BASIC VALUE = 44068.92 AND TAX 18%= 7932.41 Rs. NOW IF I PUT ALL THE OUTPUT TAX DETAILS IN GST 1 SO HOW I CAN LESS MY LIABILITY IN GST 3B . YOUR HELP WILL BE HIGHLY APPRECIATED.

Two individual Assess gold loan and agriculture loan received Rs:8 lacs (4lacs wife and 4lacs husband)from bank.if this amount deposits two individual Assess maintained jointly bank account transfer bank.
1st name : husband
2nd name :wife.
Question:
Above transactions Rs:8 loans show in husband or wife I .t returns

My neighbour lost her husband in Apr 20, his IT return needs to be filed to claim TDS of previous year. I was informed that a legal heir certificate from court needs to be obtained and registered after which alone she will be able to file the husbands ITR as representative assessee. Courts are not issuing such certificates. How can she file her husbands ITR ? Please guide.

Respected Sir,
Ours is a pvt ltd company. I have to file ITR-6 and in P&L of ITR-6 I will feed dep as per company act but where the dep as per income tax should be fed. Please guide me and oblige. The very first time I am filing ITR-6 and never earlier I have filed ITR-6. I will appreciate your guidelines.

I HAVE RECEIVED AN ADVANCE OF Rs 500000 AGAINST SALE OF PROPERTY BUT NEITHER REGISTRY NOR POSSESSION HAS BEEN MADE/GIVEN. PURCHASER HAS DEDUCTED 1% TAX ON ADVANCE U/S 194IA FOR THE ADVANCE MADE. NOW WHILE FILING MY INCOME TAX RETURN. HOW SHOULD I DEAL WITH THE ADVANCE SINCE ITS NOT AN INCOME NOW.CAN I FORWARD THE CREDIT OF TAX TO NEXT YEAR..??

Bima company 7000 rupaye insurance claim pass kiya

my friend has contructed a house for 43 lacs in 2019-20. for which he has taken loan of 23 lacs (2019-20) , he paid 28 lacs to contractor 23 from loan and 5 lacs from saving for remaining amount he has put his old house paper with the contractor. now that contractor want that this old house on his name for which he will transfer 10 lacs in my friend account to show the sale consideration (this amount will be return back by friend within a week).

now question is that is the long term capital gain will be exempt ?
what are the documents required for it??
is the 10 lacs which he will be transfer will be right??
what are the documents and paper work required till date no paper work done.

Sir,
Assess lic policy sum assured Rs:6,95,000/-
Single premium rs:501804/- payment Dt:15-08-2013
Dt:15-08-2013 some Lic amount received rs:104250/-
Dt:15-08-2019 some Lic amount received rs:104250/-
Dt:15-08-2022 some Lic amount received rs:501804/-+ interest.
F.y.19-20 Rs:104250/- Tds Rs:1042 @1% sec 194da show in 26as .
Question:
Assess all amounts received from lic taxable or exempted in I.t. act.

One of the Indian company buying a software from out side India for trading in India , will it attract any GST / RCM ???
Kindly guide me

Hi All,

I have a query with regards to the below case. The facts of the case are:
1. The Assessee, being individual is the owner of 2 residential properties located at the same area the market value of which is Rs. 45 lacs each.
2. He intends to buy a single residential property of Rs. 1.10 crore by investing the entire proceeds received by selling the above mentioned two properties (i.e 45lacs*2= 90 lacs).
3. Can he/she invest the entire proceeds received from sale of both properties in one single property and claim exemption as provided u/s 54
4. Will capital gain be computed on both the properties individually?

Please assist.