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Gopalakrishnan. S
19 April 2024 at 18:39

ITC on purchase of car - Reg.

Sir

Can we avail ITC on purchase of new car, which has been bought by a Proprietor on his business name and used for business purposes ?

Please advice.


CA Abhishek Singh
19 April 2024 at 17:55

TDS on association welfare fees

we have paid 10 lacs to the kakinada port stevdores association, kakinada . amt is calculated as % of total quantity (material) handled during the year.

There is confusion regarding deduction of TDS at sournce ?
which section and what rate ?


kollipara sundaraiah

Sir,
Assessess one brother residential house transfer to another brother after
Another brother vacant land transfer to one brother
Question:
Two assessess exchange of propertys capital gain tax applicable.


Rahul Raj
19 April 2024 at 10:44

Capital Gain Query-1

I've recently sold my property in Delhi and have realized a Capital Gain of approximately 75 lakh. I own agricultural land in Himachal Pradesh where I've incurred expenses on construction. Can I claim a capital gain exemption based on the amount spent there?


limn limn

I am paying a Rent of 65k for a flat which have 2 owners as per the agreement. So do I have deduct TDS from the rent even if the individual payment is 32.5k per owner?


Satish Chaudhary
18 April 2024 at 20:25

GSTR-3 B AND GSTR -1

Q1.In Feb.24 GSTR-1 Rs.5000 was excess mentioned in exports due to wrong conversion rate. Amendment was done in GSTR-1 of March 24 in which exports were Rs. 500000. Now query is what figure in GSTR-3 B will be taken Rs.500000 or Rs. 495000. System Generated is showing Rs.500000 as exports in March 24. Please help. Further how to correct theGSTR-3 B of Feb.24 . Please advise.

Q2.Which conversion rate is to be taken for exports of services for accounting in books for GST purposes


Neha Anand Dhakorkar
18 April 2024 at 19:57

Capital gain 54 section

Father sale property in 2014 . Amount is invested in new house in same year in name of his son. Is he entitled to claim exemption u/s 54?. He died in 2020 . Receive notice in 2023


pranab sarma

What is the SAC code and GST rate for the following services provided to Government Department (PWD)-
1) Painting of bridge
2) Desilting of Road Side Drain
Please suggest, thanks !


Rupinder Singh

Hi Sir/ Maam

My client had purchased shares of Rs 50 lac in 2016, Today the rate of shares are Rs.27.20 Crores. Kindly tell me how much will be the Capital gain.

Regards
Rupinder


Ganesh k
18 April 2024 at 17:14

GST SECURITY SERVICES

MY CLIENT DOING THE RETAIL BUSINESS , THEY PAID THE SECURITY SERVICE CHARGES : 10000+18% GST , ONCE GST IS PAID THEN RCM IS APPLICABLE