I HAVE CAPITAL GAIN ARISING OUT OF SALE OF HOUSE PROPERTY, FOR AVAILING EXEMPTION I PURCHASE NEW HOUSE & CONSTRUCT ANOTHER. CAN I AVAIL EXEMPTION ON BOTH PROPERTY? IF YES THEN IN WHICH SECTION?
Please suggest for the below mentioned query.
Plants worth Rs 3-4 Lac purchased for premises for decoration purpose only.
In Fixed Assets whether these will be shown under Furniture and fixture/any other head.
Depreciation applicability?
Please answer.
Dear Experts,
We have a Pvt. Ltd. company registered in Chennai, now we are planning to audit it for FY 2018-19 in our branch office Delhi.
The current auditor is in present Chennai but we want to change the auditor also.
So, please guide what are procedures to change the auditor and can we do audit in our branch office.
Kindly let me know in detail at earliest.
Thanks,
Amit
I have a car shown in the balance sheet, but I have not claimed any depreciation on it. And the same is used for personal purpose only. In the previous year, I have sold the car and it is used less than a year. Now is it attract any capital gain or loss.
Is all government works are 12% or specified works ?
Dear Experts,
In which section of Schedule FA of ITR-2 form for FY 2018-19 should the following information be reported?
1. Foreign equity holdings that are held at the end of FY 2018-19
2. Foreign equity holdings that are sold during FY 2018-19
3. Dividends received from foreign equities during FY 2018-19
In prior years, I had reported the above information in Section B of Schedule FA (Details of Financial Interest in any Entity held). However, FY 2018-19's ITR-2 form has been updated to include a new section A3 (Details of Foreign Equity and Debt Interest held). I would highly appreciate it if an expert could clarify the correct section to report each of the above details.
Thanks in advance for your insights!
This query is re: Claiming ITC in case of Export of services without payment of tax
How to claim refund of Trans-1 balance remaining unutilized brought forward from service tax regime
in case of export of services without payment of tax .
Further ITC for RCM is still not adjusted , can it be claimed back.
I am applying for 2017-18 ITC unutilized /accumulated for 2017-18.
Please guide.
I prematurely withdrew my FD in Vijaya bank in April 2019. They paid me 22500/- on Rs.5L FD as interest after penalty.But in form 26 AS they are showing 29002/- as interest. They informed me that the difference is deducted as tax on 2April 2019 and will reflect in FY 19-20, 26AS. How then would I be able to claim refund for this TDS in my next return FY 19-20 . where there will not be any interest shown against vijaya bank under column TDS deducted in form 26AS then
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WHAT SHOULD I FILL UP IN BUSINESS NAME COLUMN IN ITR4S. I DO NOT HAVE BUSINESS. BUT I GET PAID AS A CONSULTANT FROM A STRUCTURAL ENGINEERING DESIGN FIRM FOR WHOM I WORK AS A CONSULTANT AND 10% TDS IS DEDUCTED BY MY EMPLOYER FIRM.
THE SUB HEAD IS ENGINEERING AND TECHNICAL CONSULTANCY
DEAR FRIENDS : DURING FINANCIAL YEAR ONE OF MY CLIENT HAS PAID RS.TWO LAKH AS TRADEMARK EXPENSES.. OUT OF THIS RS.1,50,000 IS TRADE MARK REGISTRATION FEES AND RS.50,000 IS PROFESSIONAL FEES PAID TO LAWYER... NOW CAN I TAKE THIS TO "FIXED ASSETS" AND CHARGE DEPRECIATION AND IF ANSWER IS YES THAN WHAT RATE OF DEPRECIATION FOR "ROC" AND WHAT RATE FOR "INCOME TAX" THANKS
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
Capital gain exemption