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Denish
22 June 2019 at 13:43

Computation of capital gain

Hello

Sir, i have gold coin which are purchased in 1970 - 71, no any purchase bill/receipt available,

now i want to sell this coin. how i suppose to calculate Capital gain on sale of gold coin.

what is the Cost of acquisition that i take for calculation of CG.

i am a salaried employee..


Chandrasekhar Kandiraju
22 June 2019 at 12:59

Pf withdrawal

Dear sir,
PF has been refunded to me by my employer consequent on my resignation before completing 5 years of service after deducting tax at source on 25.03.2019.
In my current year's (AY 2019-20 / FY 2018-19) ITR(Schedule OS) I have to show income benefit and tax benefit year wise of previous years to which the PF components pertain. For latest 3 assessment years I am able to show the figures. I did not file ITRs for initial two years. How can I show the figures for the years not assesed. Incidentally there is no tax liability for those years as TDS was made by the employer in excess and i didn't claim any refund.
Please advise.
Thank you.
Ushakumari Y


Syam
22 June 2019 at 12:53

Gst rate on central govt works

We have been awarded a work by a company by sub contract. The company is undertaken this contract from central government.

We have raised our invoices at 18% but they asked to me revise the invoices @12% due to the sub contract rate is also 12% as per gst notification.

But our consultant says the amendment can be done only receipt of Essentiality Certificate from the institution.

Is it mandatorily needed ? Please advise.


divya kochar
22 June 2019 at 12:07

Gst liability

A person registered under GST (Sole Proprietor) has taken a space on rent. The agreement is however between the landlord and his name (Mr. X) and not in the name of the GST registered concern (X & Co.). No GST is charged by the landlord. If the same space is sub leased to another company and if the agreement is again entered into in his personal name should he charge GST in the name of the GST Registered Concern? Will the answer be different if he had rented the space for business purpose?


Deepak Kumar
22 June 2019 at 11:48

Partners salary

Is the partner in the partnership firm allowed to pay salaries?

If yes, then what will be the limit for the salary to each partners ?


Yasir
22 June 2019 at 11:32

Accounting of nursing homes

my client has a private nursing home
how to do the accounting entries of nursing home
should i suggest tally ERP 9 for accounting of nursing home


Mukesh

DEAR SIR,
IT IS POSSIBLE TO CHANGE AD CODE IN IMPORT BILL OF ENTRY IN EDI SYSTEM ?


Nibin An
22 June 2019 at 11:07

Tds on arbitration award

Arbitrator(Arbitration and Reconciliation Act 1996) awarded an amount of Rs.90 lakhs with interest as compensation in favour to a firm which agreed and worked on build own and operate basis.Now interest comes to Rs.60 lakhs. Is TDS applicable in this case.If applicable how can be deducted?


imkdm

Respected,
In Income Tax Returns for A.Y. 2019-20, we need to submit details of unlisted equity shares. Should we also submit details of shares of Co-operative societies (not banks) if such shares are held by the individual?


JohnR
22 June 2019 at 08:51

Gst tds refund

If there is no liability to pay GST. Can We claim the refund of GST TDS deducted?






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