Anshuman Bardhan

A person had taken land on 30 years lease in 1977 which was renewed on 2007. He paid Rs 3600 as premium at the time of taking the lease in 1977. A house has been constructed in the land around 1977-1980. The lease hold land along with house has been sold for Rs 30 lakhs. Kindly advise on the calculation of capital gain.


Piyush

What will be the HSN Code for unstiched dress material (Women) ?


MURALI THARAN
27 June 2021 at 22:29

194 Q DEDUCTION

Can any one clarify the new TDS 194 Q.

How to deducted the TDS before GST value or full invoice value ?

The 50 Lakh threshold limit is including GST?




CB JayaKumar

Dear Sir,

Our partnership firm has six partners, started in 2012. Registered in Register of Firms under Partnership Act 1932. I am one among the partners. To change them into proprietorship, i dissolute the firm and received no objections and signatures in dissolution deed from 5 partners (including me) except one partner after giving appropriate compensation according to books of accounts. But one partner who asks large amount even after negotiation didn't sign the deed. Please tell me shall i submit the dissolution deed with signatures of five partners (including me) out of six partners to registrar of firms and remove the registered number from Register of Firms under Partnership Act 1932. If any other ways, please tell me how to proceed without the adamant partner. FYI, I am taking proprietorship as i took efforts to bring the company up . I want to retain ame company name too. Kindly advise me.


Kollipara Sundaraiah

sir,
Assess running a private hospital included medical stores. if a medical stores sales transcations two types 1. sales to inpaitents 2. sales to out patients.
Question:
Assess sales of medicines turnover(outward supplies) output claimed on inpatients sales or outpatients sales or both services sales applicable ratio formula in gst act.


RAKESH
27 June 2021 at 16:23

Capitalization or expense

I need to ask that that we have purchased stabiliser for office use. What is the head to be opened for this in booking in books.

2. If we purchase the laptop and mobile battery in the same bill. We capitalise the both the item ( laptop & battery) or expense battery & capitilise laptop.


ks Kala

Sir,

Learned Experts may kindly be clarified the following:

Signed NIT Technical Unpriced Schedule Format (zero value) indicate "Rate inclusive of all Taxes. (Do not quote the rates here, to be wuoted in online CPPP).

Encrypted BOQ Price Schedule (This BOQ Template must not be modified/replaced by the bidder and the same should be uploaded after filling the relevant columns, else the bidder is liable to be rejected for this tender.

Learned Experts may kindly be advised as to whether the invoice submitted for" inclusive of tax OR exclusive tax.

Thanks in advance.

Best regards, snmurthykala@gmail.co


ashwani
28 June 2021 at 10:17

Establishing Career in CS filed

Hello I am a young man of 38 years of age & cleared CS professional exams in December 2020. Now I am doing practical training under a PCS firm. Kindly let me know how to establish my career in CS field at this age?
I have 7 years experience in teaching in school also. But willing to establish my career as company secretary.

Thank You in advance


debasish banerjee
26 June 2021 at 18:29

194q

billed to buyer within june rs 75,00,000/- . received amount 60,00,000/- .
TCS applicable in prescribed rate .
question is that whether 194Q also applicable from july if further no transaction during the year 21-22.
both are more than 10cr tunover in F Y .20-21.


Pawan Singhal
26 June 2021 at 18:15

Wrong adjusted of income tax refund

assessment is done u/s 143 (3) and demand raised of rs. 1 lakh. we have filed appeal to CIT. but when i received my refund order of last assessment year they have adjusted demand in my refund.
is it wrong because we are in appeal and case is not final.





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