A individual is having a residential flat purchased in the year 1988-89
Society entered MOU with developer in 2013-14
He received flat with 700 sq ft against 500 sq ft and obtained another 200 sq ft by paying additional charges to developer.
Possession and agreement is executed in 15.6.2016.
Whether the capital gain is applicable to an individual? If so in which year and on what amount.
Whether exe u/s 54 is available
my query is suppose we purchase a asset bill from creditors on 30.3.17 and payment to creditors on 15.4.17.what is the accounting entry or any payable entry on particular dates.plz clarify
is freight paid on purchase of goods is added to the amount of purchases for valuation of stock ??
When sale of asset from the block of asset. Why we deduct the sales expenses from the sale value? Please tell me which example or logic.
Dear sir/madam
I want know how to migrate Service Tax to GST?
We are running webdesign company we have to Migrate GST we don't know How to do it?
Please let me know
Thanking you
My nri frnd give me cheque. Now i want to know tax implication
Accountant can be GST Practitioner or not please write me
My Qualification is B COM and I am an only Accountant so please tell / way me How to make GST Practitioner and please tell am eligible for GST Practitioner or not eligible.
ours is soya oil co. we hv taken job work from other co. As per job work contract that co giving us crude oil which will be refined by our co as job work basis. in refining process refined oil is 97, 2 by products, 1 normal loss. But as per job work contract we wil be supplying them 100 refined oil. That means 3 oil would be supplied from our stock and no by products will be given to them.In that wat taxation effects would be?Will extra 3 oil from our stock be taxable under sales tax and wat taxation would be on by products which are not return to them
dear Members,
I wanted to ask a question in context of GST.
Thanks in advance for your time.
Will gst be applicable on the employee cost allocations for the services provided by national management -CFO,CEO,share service centres to PAN INDIA .
Ltcg on redevelop flat