Interest on housing loan, once i claimed deduction U/s 24 and same time i capitalized( added in cost of flat ) it the books of accounts . can i claim that interest as cost of improvement while computing capital gain ? in other words can claim deduction U/s 24 and under head capital gain same time ?
Due to market issues we were unable to complete epcg commitments.we have a person interested to buy the machine.please guide as to how to sell the machine.
SIR we have filed GSTR1 with wrong data in b2cs. We have reported extra bill and paid tax excess in gstr3b. Pls advise how can we correct it and file again. Pls post reply to my e-mail
Thanks
I am an NRI. My mother (who is a RESIDENT) owned a property wholly in her name and she has sold it. She wants to give some money to me.
Q1) Will this money be treated as a gift in my case and there is no tax applicable on it for me?
Q2)If this money will be treated as a gift to me should I obtain any document/affidavit from my mother to prove this?
Q3) Should I deposit this money in my NRO account ? If YES, how can I transfer this money to my NRE account later on, what are the documents required?
Q4)Can my mother deposit this amount in my NRE account directly ? If YES, what are the documents required to be submitted by her to my Bank manager?
Q5)Any other point of importance to be taken care?
Can a composition taxable suuplier make intra state supplies in B2B format.. wht wl b the position of another trader making purchase frm that dealer..
sir mera provision store hai jisme sabhi Daily use goods (aata, Maida, sugar) sale karta hoon aur pan masala , Tobacco bhi sale karta hoon , Kya Main composition schem opt in kar sakta hoon
After disallowance of deduction of partner remuneration for sec 44ad will it be taxable in the hands of partner as an individual entity for ay 17-18
The issue is regarding mismatching of sale purchase between seller and purchaser. If in the same state the supplier files GSTR-1 for the month of July 2017 by reflecting the sales and if by the way due to certain reason the purchaser receives the goods in Aug 2017 whether the set-off of the CGST & SGST shall be allowable to the purchaser on account of the purchase in August 2017 because it is a mismatching case of sale purchase.
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Sec 24 and capital gain