I had purchased a flat at 50L Pune in 2013. Did not apply for any IT benefit in ITR. Have paid total 65L to bank against principle and interest to clear the loan.
I am selling it at 59L now, at loss of 6L.
Do I need to pay any income tax on this?
Is TDS applicable and can I claim it back?

respected sir/madam
can i get an affidavit formate for
1. partners retired in 1989 & their signatures were not taken in partnership amendmet deed
2. that if any liability arising for any time the continuing partner will responsible.
3. that no roll is left for retired partner.
4. & this affidavit will be submitted to ROF for for amendment in ROF registration..
thank you & hope for early reply..

is Service provided by a GTA to unregistered Person or Unregistered Casual taxable person is exempted or not ?
is it exempted According to Notification No. 32/2017 Central Tax(Rate) Dt. 13.10.2017, Entry No. 21A or another any notification override this notification and making services of GTA to URD person Taxable for GTA Agency ?
Please answer anybody.
Tanks & Regards

My business is planning to give a car as gift to customer on lucky draw. Car is worth 10-15 lakh. Couls u pls advice on the rax implications.

Hi All,

Happy Dewali to all!!

I have a query from my friend, please help me to support him.

He is an CPT, IPCC student now registered in CA Finals (new Scheme), he has completed his Articleship, Orientation Program, GMCS-1 and ITT program. Now to appear CA final exams is it required to complete both Advanced ICSTSS - ITT and MCS or either of it ?

Thanks in advance.

Hi I just passed class 12 and I got admission in delhi university, arsd college but I want to pursue cma along with regular college. but I am not sure are there job opportunities available after becoming cma and can cma open their own firm like ca ?

Dear sir,
due to some over sight my hsn summary was not uploaded in gstr-1 for sept and return filed.please advice me any solution,if i upload same with next month their once again mismatch in sale data and hsn summary
with thanks

Dear all,

My query is what type of rice is GST attracted i am bit confused in this, please give a clarity on this and one of my client is selling cleaned quality of rice of 25kg and 50 kg but no brand name on it does it attract GST,

If the same as brand name and attracts GST, what about the stock before the GST Notification still we need to charge GST on that

Please resolve my query

Thanks in advance

Regards
USHA B G

Hi I just passed class 12 and I got admission in delhi university, arsd college but I want to pursue cma along with regular college. but I am not sure are there job opportunities available after becoming cma and can cma open their own firm like ca ?

A partnership firm was constituted with two partners on 16.01.2016and one of them expired of a road accident on 27.11.2016 i.e. before completion of the financial year 2016-17 and therefore the firm stood dissolved automatically. . A notice u/s 148 was issued to the firm and the surviving partner did not respond to such notices as the registered email id was that of the deceased partner. An assessment has been made by the Assessing Officer u/s 144 and later on levied penalties u/s 271(1)(b), 271AAC and 271F.

After the death of a partner, the surviving partner did not inform the Assessing Officer of the dissolution of the firm. Whether he was duty bound to inform the fact of compulsory dissolution, u/s 176(3) within 15 days of such dissolution.

My query is " Can a notice be validly issued u/s 148 to a dissolved partnership firm "

The honourable Delhi High Court in the case of Mrs Sripathi Subbaraya Manohara L/H Late Sripathi Subbaraya Gupta versus PCIT, Delhi in writ petition no. WP(C) 2678/2020 & CM 9286/2020 has held that notice issued in the name of dead person is invalid.

Whether the above decision shall hold good in case of dissolved partnership firm as well. Please guide.