S.Jegadeesan
15 May 2022 at 20:24

Taxation of LTCG for a NRI

I would like to clarify some doubt regarding Taxation of LTCG for a NRI

i.e. Mr. Elan had bought the property in India in 2010 out of his Foreign Income and now he wants to sold the same and the proceeds of the land and building will be transferred through Bank to his NRO A/c.
1.Whether this amount is subject to TDS or not ?
2.In case is it subject to TDS who will deduct the TDS whether the buyer of the Property or Banker ?


RAMDEVA RAM JYANI
15 May 2022 at 18:39

Form 10BD, SECTION 80G

DEAY SIR AS PER MY KNOWLEDGE, FORM 10BD IS MANDATORY
MY QUERY IS-
1. IF SOMEONE PAY IN NGO'S BANK ACCOUNT AND NGO NOT KNOW ABOUT PAYEE, THEN WHAT INFORMATION IS FILE IN FORM 10BD ABOUT THIS UNKNOWN DONNER ?
2. MY ANOTHER QUERY THAT THIS IS ONLY PURPOSE FOR 80 G DEDUCTION OR ANY OTHER PURPOSE?


Haridas Pandarathil

Dear Sir,

I am Haridas. P and i am looking for a sample feasibility reports format of a Transport and logisitic co. if anyone is having please share.
nair_pandarathil68@yahoo.com


V Sitaramaiah Malapaka

Sir,
One of my client shows their turnover correctly in GSTR-1, but while filing of GSTR-3B he had debit twice and debit the GST in the respect Credit Ledger. It has happened in lockdown period. No Govt officials are not available to guide to solve the issue.
After words the client approached me then I have adjust the excess turnover in the month of March, remaining balance is adjust in April of next financial year. The client turnover is below 50 lakhs, hence there is no necessary to file Annual Return.
Now the Department person asked my client how to adjust in next month, you goto file refund claim, and the pay the duty amount for the month of April with interest.
Pl reply which one is correct.


Haridas Pandarathil

Dear Sir,

Hi my name is Haridas P. and i am looking for a sample cost sheet of Transport and Logistics company. If any one having please share. It will be very great full. My mail id is nair_pandarathil68@yahoo.com.
Thanks and Regards


Gopalakrishnan. S

Sir,

We have applied for amendment of Trade name and Change in adress ( both ) on 25.04.2022.
But till date, the status remains as " Pending for Processing ". This amendment has been assigned to Centre. Will this affect the ITC vide 2B for April 22 ? Though our suppliers have filed their GSTR1 in time for April 22, 2B is not reflecting the same. How to avail the ITC for April 22 ?

Further, what shall we do to get the amendment process completed at the earliest ?

Pls. advice.


binu sukumaran

Dear sir.
while checking 2A and 2B there is difference is showing . All of the supplier in our case filed before the due date of 11th may for the return period apr 22 filed .
but 2A Purchase not reflected in 2B. Only 10% of data is updated .Due to this reason Gst payable show high.
Please advise .
with regards
Binu


SHYAM KRISHNAN K
14 May 2022 at 21:02

Accepting of loan from public

Is there any restriction on llp for accepting loan from public.


praveen
14 May 2022 at 20:06

Form 61A Filing Process

Dear Team,
We have distributed dividend during FY 201-22 which is a reportable transaction under SFT. can anyone pls share process to update dividend details in form 61A..


Ashish Agarwal
14 May 2022 at 20:05

GSTR-2B not reflecting any invoice

I am writing this on 14th May at 8 pm. As per my GSTR-2A for the month of April 22, all suppliers have filed their GSTR-1 on or before 11th May and all invoices are visible , but still GSTR-2B showing no invoices. Under B2B invoices its showing " For current tax period , no details are available to view". How do I claim the ITC ?






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