An ancestral property at Delhi is being gifted by owner to daughter in law - registration will be done by paying stamp duty on circle value. She may then sell it at a higher value and offset the capital gain by investing in other property. In such a scenario will the amount (income) earned, by daughter in law, be included in owner's income? i.e. Will clubbing of income provisions apply for the owner. If yes who and how can we save capital gain.

I'm service man. i have take a personal loan of 5 lakh Rs and now I want to give this money to my mom for payment of balance amount of her property in local authority. how can I do? what is tax treatment for mom & me?

Hi sir/Madam,

We are paying commission on acheiving sales target outside india on behalf of someone else and we get our administration fee plus amount paid as commission....

My question is we ddidn't recieved any TRC what would be the rate of tax???

I am filling part d since we dont want any taxable liability what should i mention in 15CA CB and what part should i fill???

Should i send form 10 fb to them or they will provide me the TRC???

PLEASE HELP....

if a company is having car as assets and if one car gets insurance claim for repairs from insurance company what are the journal entries for adjusting that insurance claim amount met by insurance company

Dear Sir, please clarify the following situation relating to applicability of Tax Audit

1. Turnover for P.Y. 2016-17 is Rs. 90,00,000.00, and net profit for the year amounts to Rs. 4,50,000.00 and all the books as per sec 44AA are maintained will there be requirement to get the Accounts audited?

2. Turnover for P.Y. 2016-17 is Rs. 90,00,000.00, and net profit for the year amounts to Rs. 1,60,000.00 and all the books as per sec 44AA are maintained will there be requirement to get the Accounts audited?

Sir i have completed my 3yrs articleship on 19/05/2017 but my principal is not signing form 108, he is forcing me to work under him for 6 months more... Is there any procedure to come out of this situation? I have heard about form 119 too what extent it is useful?

Sir/Madam, i have completed my 3yrs articleship on 19/05/2017 but my principal is not signing form 108 .Is there any procedure to come out of this situation? ..I have heard about form 119 too what extent it is useful? please reply

I've joined my articleship on dec9,2016 and took transfer on march23,2017.I've not joined articles till now i.e,may 30.will my final attempt be delayed if join artcleship on june 3rd?

Dear Experts,
we have issued different tax invoices to one of the vendor on different dates. but from this vendor we have received payment in cash on different dates single payment not exceeding 2 Lakh but total payment exceed 2 Lakh

pls clarify :- will i have to report these transaction in form 61A or not?

Thanks
Rajat

Please advise gst rate for comission income??
Thanks
Virender