Father got money from his son and daughter in law as zero percent loan for 10 years.is there any tax liability either side? What type of documents required?is document compulsory?
Is there is any seperate challan form for payment of tax of vivadh se viswas 2024. How to pay challan
We have applied the additional place of business in core field amendment by last week but still not approved by the GST Department. Can we start sales/ purchase in that unit before approval ?
How to determine STCG and LTGC after splitting of share sold shares.
what will be the cost of acquisation and date of acquisation.
How to calculate capital gain when after issuing bonus share as well as purchased share sold.
what will be my tax liability under section 45(4) of income tax act , if i have transferred my 20% shares to one of the partner in the firm and my capital balance as on such date is 73 lacs for a consideration of 2cr
As per Section 45(4) capital gain is to be calculated - A=B+C-D
What should be the value of D here? whether it is 73 lacs or Prop. capital 20% of 73lacs ?
Sir,
During nov24 we have both local (18%) and export service(0%) .
both service is come under same HSN Code.
in HSN Code area only one HSC has rate can update .
Let's me know how to solve this problem.
Please update
With regards
Binu
Exhibition organiser is in Tamilnadu state. Exhibition service recipient is in Maharashtra state.
Exhibition held in Nepal country
Exhibition organizer and exhibition service recipient both are registered
Whether Igst or Rcm applicable
In exhibition service whether in India or Out of India
Which is place of supply
sir,
if the assessee sold a property in py 2018 19 & amount deposited in nro bank account. now in current year if the assessee wants to remit the money to abroad then in form 15CB transaction details of 18 19 that is long term capital gain ,TDS deduction details required to be mention ? or nature of remittance is to be mentioned as other ( not in the nature of income) since the transaction relates to py 18 19 & ITR for that year has already been filed ?.
2. Also in case the assessee wants to remit interest received on nro deposits to Nre account. Then tds deduction entry comes in every quarter on bank statement & 15CB accepts only one date of tds deduction then in such case multiple 15CBs required to be filed ?
IN FORM 35, AMOUNT OF GROSS TAX LIABILITY TAKEN INTO ACCOUNT OR WITH NET TAX LIABILITY AMOUNT (WITH INTERST UNDER SECTION 234) NEED TO TAKEN INTO ACCOUNT?
IF WE TAKE INTO CONSIDERATION, THE AMOUNT OF NET TAX LIABILITY (WITH INTEREST) THEN 20% IS PAYABLE ON TAX AMOUNT OR (TAX + INTEREST) AMOUNT.
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards
Borrowing from relatives