Dear Sir,
Pls define me what is 27Q in TDS and in which case we deducted TDS under 27Q.

Hello Everyone

Need your valuable guidance

My father bought a property in 1992, the agreement value of which was INRXXXXX/-

This property was constructed in 1975.

Due to my fathers demise now we are selling off this property in the F.Y. 2017 & the agreement value of which is INRXXXXX/-

Do I have to pay long term capital gain tax on the amount received from the sale of this ancestral property?

If yes how is the calculation please assist me on this.

Also how much amount I need to invest in long term capital bonds to avoid the payment of long term capital gain tax

I am really really really very thankful to this forum & all the persons associated with this forum who keep on sharing/replying their valuable & useful knowledge, feedback & thoughts.

It indeed gives me a privilege at times when my accountant is lost or unaware of something & I correct him using the help of this forum.

The replies to my queries in the past have helped me solve my issues swiftly which my accountant was totally unaware of.

Many Thanks in Advance

tell me the bonus treatment for computing business income??

Hi Expert,
1) A person had no residential house in his name.
His daughter gave him money & he purchased an apartment in his name in year 2011.
IT return was filed by the person in 2011.
Any need to mention about the purchase of apartment in the IT return for AY 2011-12?

2) Would the amount given by daughter to buy house treated as the father's
income in FY 2010-11 or just a transfer of money?

Thanks!

Respected sir,
My name is Hari Venkata Prasad.I am belongs to Andhra Pradesh State.My father name is nuvvula sitharamayya but in ICAI records it is presented as nuvvula seetharamaiah.Now I want to change my father name....
Please reply me sir,
Thanking you sir.

Dear expert

Ex. Invoice No.242 dated 04.11.2017 and Invoice No. 243,244,245 dated :- 28.10.2017

As I have not done any duplicate invoice but GSTR-1 of Oct will require invoice detail and GSTR-1 of Nov Will require Invoice detail.

Is this invoice allowed in GSTR-1 of Oct & Nov.'17
Kinldy Reply

SIR IN GST RS, 5000 PER DAY INWARD SUPPLY FROM URD IS FREE AND NOT APLIED RCM ON IT

SO QUESTION IS ARISE THAT

IT IS APLICABLE FOR COMPOSITION SCHEME HOLDER OR NOT ?

Dear sir/madam, GSTR 3 , is this return allowed in gst portal?

please guide me

Can anyone clarify briefly on Gst on Capital Goods?