Rahul Garud

I redeemed my mutual fund and sold some shares to partly fund my flat purchase. Under which section I can claim LTCG deduction. The transaction has been done within a two week time. Please guide.


praveen Nautiyal

dear Sir,

I have Two Business, 1 have profit and 2nd is loss (loss on shares) and also salary income, now which ITR SUITABLE FOR ME AND HOW TO SHOW LOSS IN ITR.


NK1976
28 July 2023 at 13:11

Sale of Slum Hut-LTCG

Dear Sir,
In the financial year 2022-23 a slum hut in Mumbai was sold for Rs.2250000, which was purchased on May-2012. There is no registration and stamp duty for slum huts in Mumbai. There are no valuation reports for this slum Sale.

My question is if I have shown loss of LTCG Rs.315000/- in income tax return then there can be any inquiry from Income Tax?

Please reply your valuable advice in this regards.

Thanks & regards
N Kadam


Mahaveer Jain

DEAR SIR
OUR COMPANY REGISTERED UNDER GST AND RECEIVED COURIER SERVICES FROM UNREGISTERED DEALER.

PLEASE SUGGEST, IF RCM IS APPLICABLE ON COURIER SERVICES FROM UNREGISTERED DEALER OR NOT ??

REGARDS
MAHAVEER JAIN


Suresh S. Tejwani

whether any disallowance in current year if TDS is not deducted on capital expenditure
or depreciation is disallowed ?


Nishant Gandhi
28 July 2023 at 11:24

ITC ON SOLAR PANEL

Respected Experts

Kindly guide me for the following

Shall we take GST ITC on Solar Panel which is fixed on our factory ?


Kollipara Sundaraiah

Sir,
It assessess agreement sell transaction f.y.22-23 and sale deed f.y.23-24.if transaction reflected in ais f.y.22-23.
Question:
Assessess transaction show in f.y.22-23 or f.y.23-24.


Asif Ali

Dear Sir,
Commission received in showing itr tds column by default income from other sources. Iske liye itr ka kon sa form choose karna chahiye aur kahan par show karana hai.


Mahabir Prasad Agarwal

May I shift to new Tax Regime now ? Although, Tax has been deducted and paid according to Old Tax Regime vide Form 16 Issued to me (Salary Income only).


Ranjit Shitole
28 July 2023 at 10:00

LOSS FROM F& O

If Assessee has loss from F&O in FY 22-23 which is first year of his loss and in previous Financial years he opt for 44AD for his other business(Milk Production) is tax audit u/s 44AB required or he continue to opt for 44AD for milk business and show loss on F&O and set off against Milk Business.





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