Dear Professional Friends Good Afternun.

One Of My Friend Need To Buy NHAI Bonds For Getting Exemption For Capital Gains but no idea on where to buy, procedure for buying.So kindly give few ideas for his tax planning.


Thanking you for your precious Time spent in advance.

I Nominee of Death of Holders .so i want to transmission of share. I dont understand how to transfer the same. requested you please provide process for the same.

While filing my CMP 08 Negative liability shown in system i am unable to raise challan for tax payment. How to resolve and file my CMP 08.
PFA,

Assessee (an individual), acquires property through a revocable trust as sole beneficiary of the trust. Property purchased in the year 2012 through trust by the trustee in the name of trustee.
Since the Property has been transfered to assessee in 2021, if sold by assessee in the same year,
1) what would be the period of holding for the same in the hands of assessee ?
2) If its Long term in nature in the hands of assessee whether indexation is allowed?

Mr.A booked flat on ongoing scheme . Possession was expected as per RERA in Dec.2022. Due to covid RERA has given extension of 6 months. Total 5 buidling of 22 floor is to built up. Till date only two building work upto 5 floor is completed. It is highly impoosible that builder can build within june 2023. The work is going on at tortise spped and explaination of covid is given by builder. Mr.A has paid 25 lakhs out of 65 lakhs. He does not want to continue in the scheme and invest more amount and wish to quit from scheme. What is remdy to Mr. A. He can claim for refund from Builder. What will happen if he doest not remitt further demand. A is senior citizen and cant fight legal . What us best remedy ? Please give expert reply .

TDS Provision taken in March 21 of Rs.115000/- @0.75% as ''Person" for Guest house maintenance, but when actual bill received it was guest House Rent including Maintenance changes, but Invoice who has booked in April 21 they have deducted as short deduction as follow.
Rs.115000 x 0.75% = 1125 (March 21 Provision)
Invoice booked Rs.115000 X 7.5% = Rs.11250.00 - Rs, 1125.00 = 10125.00 and base value also not change.
when we came for Q1 Return the find out this issue ..
pls. suggest what treatment it would be there pls.

Assessee has not filed GST returns from Feb 20 and certificate of registration is cancelled

My question is when registration certificate is revoked and GST returns are filed whether assessee can claim input tax credit based on GSTR 2A for respective months

Hi All,
In Invoice In B.O.E Remarks
Invoice Amt 7939.64 8099.64 (7939.64+160 FOC Items)
Handling Charge 250 250
8189.64 8349.64
Freight F.O.B 255.5
8189.64 8605.14

Payment Done 8234.02 8234.02

Balance Amount -44.38 371.12

Got confused in submitting BOE in Bank,Please suggest the balance amount.

sir,
is sec 194 N and 194 NF are same. can refund be claimed in both.

DEAR SIR,

WHAT TO DO IF COMPOSITION RETURNED FILED FOR THE QTR FOR APRIL TO JUNE 21 BUT WITHOUT DEDUCTION OF GST FROM ELECTRONIC CASH LEDGER. TAX LIABILITY IS 1580/- RETURN FILED BUT STILL CASH BALANCE SHOWING THE LEDGER. WHAT IS REASON FOR THIS TYPE OF RETURNED FILED WITHOUT ADJUSTING CASH LIABILITY. ANY PENALTY LEVIED OR NOT BECAUSE ON THE DATE CASH BALANCE IS STILL SHOWING. PLEASE GIVE ANY VALUEBLE SUGGESTION TO RESOLVE THIS PROBLEM.

THANKS,

REGARDS