how much tax is payable for individual trader doing currency trading under section 44AD
Hsn wise summary is not auto populated in GSTR 2. Hsn summary give in GSTR 2 is compulsory or not?
Assesse used commercial property for his own business purpose and charges depreciation on it as per section 32. Suppose that assesse has used the property for the part of the year and thereafter let out for rent. Will depreciation be allowed in such case for the part of the year for which assesse used the property for his own business?
Dear Sir,
One of my client have stock as on 30.06.2017 and he filed VAT returns as a composition scheme in VAT. Now in GST also he opt composition scheme.
Please advise on stock. Should he file Trans - 1 and how...???
Why is INCREASE IN STOCK used for calculation of stock reserve and not CLOSING STOCK in some cases?
I m a post office agent how fill income tax refund.....which i had from tds......pls help as quickly as possible
what is the last date for filing of gstr-1 for month of august 2017?
Please suggest for further steps, that i have deposited SGST in IGST for September by mistake, and not having sufficient bank balance to deposit another challan for SGST.
Sir,
As per notification RCM differed till 31st March'2018 but my doubt is that RCM applicable on GTA service, Advocate and CA Services, Consultant and Government Services RCM applicable or not.
A owns a house in Mumbai. He also owns another house jointly with his wife in New Mumbai. He sold both the houses in July 2017. Sale proceeds are 1.25 crore on first house and Rs 1.5 crore on second house. He has computed LTCG on first house as 50 lakhs and on second house as 60 lakhs, his share being half at 30 lakhs and his wife share also as 30 lakhs.
He buys a house in Delhi NCR in Aug 2017 for Rs 1 crore in joint name with his wife. He also buys another house in Sep 2017 for Rs 1.25 crore, also in joint name with his wife.
Can he claim benefit of Rs 50 lakhs (LTCG on his first house at Mumbai) against purchase of first house in Delhi NCR and of Rs 30 lakhs (his share of LTCG in second house) against purchase of second house ? Is there any restriction that he must not own another house on date of purchase of a residential property to avail benefit of section 54?
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section 44AD