Dear Sir,
One among my friends is doing CA IPCC. But now his status in the site shown as required for revalidation..Now I would like to know that how I will help him....Kindly give me the procedure&link for Re validation

Dear sir,

I have sold my flat and its attracts Capital gain, so I want to avoid tax on capital gain so i am planning to purchase room in chawl system. Is it taxable or Exempted

Nandkishor

Dear All,
I have paid TDS after due date and forgot to pay interest in the same challan. I prepared a separate challan for interest payment. How can i show the challan in the return? under what column should it go?

One of our clients who is a seafarer has resided in India for PY 2018-19 for 154 days and for preceding 4 PYs for 679. What is his residential status. And does all his income would be taxable if he is ROR.

I have heard from an Income Tax expert on all India TV show that you cannot gift to your wife.
My question is suppose I have Fifty Lakhs in Bank. I have other taxable incomes and to save tax if I transfer this amount to my wife, who has PAN card, and my wife makes F.D. from that amount and pay tax on interest she will earn from it or utilises exemption limit of Rs. Five Lakhs income available to her and I show this transfer as loan . Is this transaction permissible under I T. Act ?

Dear sir,
I have seen 26AS where mention Details of Tax Deducted at Source for 15G / 15H Total amount credit Rs.13984/- I have submitted 15G in a bank. So means bank has deducted TDS on this value. Total Tax Deducted 0 Total TDS deposit 0 Please clear to me Sir

Dear sir

How to Show Sales of Milk, cured, buttermilk whether as nil rated items or exempted in GSTR 1??

RESPECTED SIR

WE HAVE PURCHASED AIR CONDITIONER FROM PARTY IN FEB 2019
BUT AIR CONDITIONER IS NOT WORKING PROPERLY ALSO PARTY HAS NOT DEPOSITED GST TILL NOW.
PARTY IS NOT PROVIDING PROPER SERVICE TILL NOW.
SO WE HAVE NOT PAID SOME AMOUNT TILL NOW.

MY QUERY IS WHETHER WE WILL BE LIABLE TO PAY INTEREST ON UNPAID AMOUNT AFTER 180 DAYS OF INVOICE?
WHETHER ANY OTHER OPTION AVAILABLE WITH US ?

PLEASE ADVICE ON THE SAME

dear sir,
Whether composition dealers required to give of upload purchase detail in their annual return?

I have some equity shares issued under ESOP by an TECH- MNC. The shares are being quoted in Nasdaq.The company did not register in any stock exchange in India. Now I am not an employee with that company.
I am receiving regular reports from the Broker and company.
I am resident Indian and never been other than resident Indian. I am not a director or involed with any company/entity.
My question is:
1. Whether I have to file IT Return IN ITR 2.
2. Refer Part A GENERAL: There is a column to disclose unlisted shares. Whether I have to disclose the above shares which are not listed in India. OR is it pertain to column (ii) -Citizen of India/POI.
I will be grateful if any one,please advise.