hello, A given a plot of land to B as gift(Without any consideration). A is not relative of B as per income tax Act. The circle value is 42 lacs and stamp duty paid on this value. What will be the taxation effect on both for ITR purpose. kindly give opinion. Thanks in advance.
1) MR.C THIS PROPERTY PURCHASES AS FOR THE YEAR MAR 1990 FROM HOUSING BOARD AND HOUSING LOAN TAKEN. 2) THE LOAN CLOSED AS ON 2001. 3) MR.C DEATH BEFORE WRITE ANY NOT WILL 4. MR A & B HOLD AFTER THE DEAT OF MR C. 30.06.2018 5)HOW CALCULATED PERIOD OF CAPITAL GAIN? THANKS
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Dear Sir,
1. IF TWO COMPANIES DOES NOT HAVE ANY INVESTMENT IN EACH OTHER SHARE CAPITAL
2. BUT BOTH COMPANIES HAVE COMMON MANGAING DIRECTORS
ARE THE TRANSACTIONS BETWEEN THE TWO COMPANIES INTER COMPANY TRANSACTIONS ??
THANKS.
Sir/Madam,
I have filed GSTR-3B & GSTR-1 relating to FY.2017-18, but not shown shown some sales figure in GSTR-1 & accordingly not shown and paid that much amount through GSTR-3B, now I want to rectify the same.
Experts pl. advice me to rectify the same.
Thanks & Regards,
Can anyone give the format of non judicial stamp paper for submitting FORM-107 to be submitted with ICAI and also the format of agreement between the principal and the article on urgent basis ?
Sir,
We received notice u/s 221(1) not paying self assessment tax U/s 140 A for the a.y.2018-19. In this notice mentioned that why a penalty should not be levied .After this notice we pay the self assessment tax .So Please send the format of reply of notice urgently.
Thanks
SIR/MADAM
AN NRI ASSESSEE SOLD IS PROPERTY1/5 TH SH PROPERTY IN INDIA. REWARD FROM HIS ESTATE OF FATHER RS.45 LAKHS
1. WHETHER INDIA BUYER AS DEDUCT 1% TDS FROM THE SALE
2. WHAT IS THE TAX LIABLITY OF NRI DUE TO TRANSFER OF SALE PROCEEDS TO USA
3. WHAT IS TAX LIABLITY OF BUYER 1/5TH SHARE OF PROPERTY FROM NRI
4. NRI CAN INVEST IN REC BONDS FROM AVOIDING TDS FROM PURCHASER
Dear Sir,
when the recipient is liable to pay GST on RCM basis. Should the service provider include GST component separately in the invoice.
Our entity nature is Partnership Firm.
Service recipient is Company
Regads
Ashok
I am a retired person having income from pension and bank interest only. If I want to make some cash gift from my savings to my wife who is a housewife, is that permissible under law? If yes, is there any specific procedure for it and what is that? Is there any upper limit per year of such cash gift?
Do a company intending to go for preferential allotment needs to comply with provisions of private placement also.???
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Property given in gift