Bijoy Tekriwalla

Dear Sir(s),

I want to invest in PPF for the next FY 2020 - 2021. If I invest in the month of April 2020, will I get Tax exemption benefit under 80C for the FY 2020 - 2021 or I should invest after June 2020?

Secondly, If I want to donate an amount to a Trust and want to get Tax benefit, when should I donate - Before April 2020 or after June 2020?

Seek your valuable advice please.

Regards,

Vijay


PARAS CHHAJEDpro badge
29 March 2020 at 14:55

Sale of second hand vehicles

All are aware that Honourable Supreme Court has allowed to sell 10% of unsold vehicles within 10 days after corona lock-down ends and the dealers have to dispose 90% of unsold stock either by returning to the manufacturers for modification to the vehicle but the manufacturers are understood to have asked the dealers to get the vehicles billed to themselves and registered before 31st March 2020 in the dealers name and then sale the vehicles later as second hand vehicles. Please suggest treatment of such billing for GST. Thanks


seeta
29 March 2020 at 14:09

Interest to unsecured loan

If I have booked entry for interest to unsecured loan from relatives § friends on 31/03/2020 and will make the payment of interest in next month I.e April'20
It is allow as per income tax act or not?
last date for payment of tds for march'20?
Please reply


Kollipara Sundaraiah
29 March 2020 at 12:39

Tds applicable and accounting entries

Assess maintained a hospital .assess amount paid below persons.
1.commission paid to another doctors
2.commission paid to RMP persons.

Question:
1. Assess Commission paid amount on tds applicable or no.
2.how to pass on accounting entries.


CA Surya Sekar

Is it right time to invest in share market ??

Lot of correction in share market and it is highly volatile


CA Surya Sekar

Why 80% of traders lose in intraday trading? Many of connected people lose lot of many in intraday trading. Very few got succeed in intraday trading.Why?


TARAK KUMAR ROY
29 March 2020 at 09:29

KVP MATURED BUT NOT DRAWN IN TIME

KVP PURCHASED ON 20.10.2010 OF RS.2000/- BUT NOT ENCASH ON THE DATE OF MATURITH ON 20.05.2019 DUE TO LOSS OF ORIGINAL CERTIFICATE. IN WHAT WAY IT WILL BE SHOW IN BALANCE SHEET FOR THE A.T. 2020-21?


CA Surya Sekar

Derivative Trading :Which is better ? Nifty or bank nifty? (Trading in call and put options )


CA Surya Sekar

Which company pays best dividend as compared to to rate of interest on fixed deposit??


CA Surya Sekar

Is Indian Oil Corporation Limited is good company to invest for long term considering the present situation??





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query