ashvini dehkwal
16 February 2024 at 17:46

Tax on sale of inherited property as gift

Sir I received 6 lakh worth of property from my aunt (her paternal property) as gift deed. Now I wish to sell the same at the rate of 50 lakh. Please advise my tax liability


vinodhini M
16 February 2024 at 17:10

EB line for land

Mr.K has paid new EB line deposit for his agricultural land. Is it is added to fixed asset value directly? will it increase the value of asset?
How to post entry for this


CMA Pravat Kumar Parida
16 February 2024 at 17:07

GST RCM APPLICABLITY

Whether GST RCM is applicable on Selling commission paid to a unregister vendor.


dsrinivasarao
16 February 2024 at 16:56

FINAL GROUP 2 HOW MANY PAPERS TO WRITE

I was completed Group 1of Final , in old syllabus, Now how many papers I need to write in Group 2 Final?


VINOD KUMAR
16 February 2024 at 16:44

Capital gain tax to arrive

Sir,
Date of Purchase sale deed value 69000/- in 2003 (Stamp Duty 9500)
Construction ground floor value 750000/- in 2004
Construction first floor value 1200000/- in 2007 Total Sq.Ft 1245

Approximate Sale Value 120lacs
How to calculate long term capital gain tax
thank u
Vinod


santosh kr poddar
16 February 2024 at 14:34

Wrong ITC Car Tyre Claim in GSTR-3B

I mistakenly claimed ITC on the Car Tyre in GSTR 3B, and now I want to reverse it. In which column of GSTR 3B is it to appear?
Tyre cost is to be included in home delivery expenses and only ITC is to be reversed.


dipsankar
16 February 2024 at 14:31

Delay Income tax return

sir,

What to do if return filing is delayed for any reason and 31st December passes.


naveen
16 February 2024 at 13:45

Centralized Billing in GST

Whether we can do centarlized billing in gst if branches located in differnet states and want to do billing from onlY one state where head office is situated (GST number is taken only for that head office )


SANDEEEP SINGH
16 February 2024 at 12:50

Commission Income query

Can a HUF earn commission income and show it in its return of Income.????


Nitin Agrawal
16 February 2024 at 12:12

Property Upgrade from Flat to Villa

Hi,
I booked a flat in 2018-2019 total amount of 90 Lakh.
I have paid upfront about 60 Lakh. Somehow project got delayed and to date, the property has not handed over.
Now in the same project builder is offering a Villa at 1.5 CR and I want to upgrade. In this case, they will be signing a new agreement in February 2024 and will transfer the 60 Lakh paid earlier in to villa account.
And as per CLP (Consturction link Payment) I have to pay 20 Lakh.

Should I deduct TDS on 20 Lakh or 80 Lakh (20 Lakh payment now + 60 Lakh Paid in 2019)?

PS: In 2019 there was no requirement to deduct TDS so I haven't deducted that time.
Old Flat booking was neither registered nor possession was given.





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