Rajinder Kapoor
15 August 2020 at 15:15

Capital gain on property sale

Dear Sir

I had purchased a property in 1976. I sold this property in 2020. How do i calculate capital gain as CII is applicable from 2001. Do I need to hire approved valuer to calculate cost of property in 2001 ? Pl advise. Thanks


Kollipara Sundaraiah
15 August 2020 at 15:12

Which bank account open

One of person have agency of Airtel payment bank.cash received on an average 1 lac cash daily from customers to deposit in Airtel payment bank.currently deposit money current account and transfer to Airtel.
Question:
Person which account required open his money deposit business.


Dinesh Kumar
15 August 2020 at 15:08

Re: Income Tax Return F.Y. 2019-20

Dear Sir/Mam
I have a quarry regarding income tax please suggest me:
A person live in 8 months rest of 4 months out of India ( Malaysia) he got income consultancy fee in India 8 months and 4 months form Malaysia.
He was file income tax in Malaysia ( Income got in Malaysia) and want to file Income tax in India so i want to know how can he got benefit already file tax out of India.


Rajinder Kapoor
15 August 2020 at 15:06

Capital gain

Dear Sir

I incurred long term capital gain by sale of property last week. I have deposited this amount in my existing saving account. Does any interest earned on this amount of capital gain will be treated as part of the capital gain or it will be treated as part of income from other sources for ITR filing purpose. Thanks


sachin sadashiv more
15 August 2020 at 13:56

Huf income source

1-CAN START HUF MEDICAL SHOP BUSINESS


akhil sai
15 August 2020 at 12:38

Sub sub contractor rate of tax

whether concessional rate of tax on works contract services to govt applicable to sub-sub contractor


ANIL SHARMA

Dear Sir

Can anyone please guide me where to put sale of Debt Fund during the year (Short and long term) in ITR 2 as applicable to FY 2019 - 2020)


urvesh panchal
14 August 2020 at 23:24

Salary query

Tax treatment of bond amount paid by employer to employee My client paid bond amount to employer Rs 300000 now he want to claim such Rs 300000 as deduction from salary can he do so if yes please send me judgement and also mention legal case of the same so I can understand properly


Nikhil Sharma

Dear Experts,
We are using rental monthly tally licence. Pls let me know should I book as fixed assets or expenses in books

Thanks
Nikhil


Kollipara Sundaraiah
14 August 2020 at 17:31

Tds deducted sec 194 j applicable

Assess maintained a private hospital.fees collected details mentioned below.
1. Room rent rs:3000 per day
2.food and meals rs:1000 per day
3. Consultations doctor fees rs:2000 per day
Total rs:6000 per day * 3 days Rs18,000/- billing collected.
Question:
Assess tds deducted sec 194 j applicable and tds rate of tax applicable on hospital billing or doctor consultation fees only.