Sunita
13 February 2021 at 10:08

Capital Gain Exemption

Myself & my husband was jointly holding a property in equal ratio since last 15 years. We sold this property, which of course attracts LTCG, for a total consideration of 1cr. We wish to buy a bigger property but due to fund constraint we are taking my cousin brother and his wife as co-owner, In this property me & my husband's share will be more than 1cr(Total consideration we recd),
My query is that as there will be four owner, will this deal affect in any way claiming capital gain exemption?


jaigurudev
12 February 2021 at 21:59

Incometax refund

respected sir,my pan no. is linked with my bank account but their is some minor difference in name in bank and income tax portal and because of this my refund failed please advice what to do as
rakumar d jain
rajkumar dhankumar jain
please advice


amit

Dear Expert,

Kindly guide me if my party have not paid the sale tax demand in FY 2013-14 assessment.

Regards
Amit Rathi


CA Ritu Chauhan

If a non-resident wishes to run a business in India & for that he appoints an agent to look after day to day activities. Whether TDS will be applicable on payment towards purchase of goods from such agent of Non-resident?


vivek-bpl
12 February 2021 at 18:43

Resign as director from NBFC

What is the procedure to resign as the Director from an NBFC?
I know we need to update ROC.
Can the application, if any to RBI be initiated by self or does it need to be initiated by the NBFC?


Ajit Shinde
12 February 2021 at 17:08

VATTIN WRONG PUT IN ANNEXURE J1

DEAR SIR,

We have supplied material to our X party in FY 10-11 with VAT 12.5% & after year completion we have filled our 704 for that period but in 704 Annexure J1 we have not mentioned party wise J1 i.e. outward supply ,Total amount shown in 704 as a Local Tax & after customer requirements we have filled Annexure J1 in FY 16-17 party wise TIN mentioned , but one party we have put wrong TIN in number in Annexure J1 now the problem is we have filled / paid VAT for this period but our X party not reflected Vat credit because wrong VAT Tin number so what we can do....????

We request you Please help us to sort out....


Ayan Roy Chowdhury

Hi All -

Kindly help me on this issue -

This is a case of March 2020.
An Assessee has Filed NIL GST Return even though there was a sale in March 2020 and Tax Payable was RS. 26000.

Now, he wants to pay the Tax because the Purchaser has withheld the payment.
How this unpaid GST can be paid now.
Please advise how to resolve the issue. (The purchaser is not willing to deduct the amount of mismatch from the payment due).

Sincere Regards -


Rahul Singh
12 February 2021 at 16:49

Export of Services with LUT

hello, I run proprietorship service business and do mostly export of services like tech. I do LUT in GST to sell without collecting service tax, is that correct?

help please.


CA Parul Saxena
12 February 2021 at 16:00

GST Annual return query

In Apr 2019 we have paid penalty of Rs.30000 for E way Bill non compliance. The problem is the amount is still showing in Electronic Cash Ledger. The vehicle was released upon payment of penalty amount at that time..

What to do now? Please clarify..


Drashti Kotecha
12 February 2021 at 15:50

TDS on Property

Hello
One of my NRI Client have purchased property in 2015 . Not filed 26QB. If I now file 26QB credit will go in 2015 only. Is there any way that builder can get credit in current year.






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