Urvashi@0311

Hiiii!!!!
i had bought gold mutual fund in year 2021, and sell in the year 2024-2025. what is my period of holding? what is ,y tax rate?
please provide clarity on taxation of Gold mutual fund and Gold ETF purchase before 1/4/2023 , between 1/4/2023 to 31/3/2025, purchased after 1/4/2025- Period of holding, capital gain, tax rate ?? indexation benefit or not??


Divyesh Ajmera
10 January 2025 at 17:08

TDS deduction.

Is TDS is deductible if payment reverse by individual to NRI by filing 15CA?
Code :- s1502


Dipesh
10 January 2025 at 15:34

GST on Land Lease From MIDC

Hi Expert,

We are in planning to sale our MIDC leased land to other on Rs. 15 Cr. In this case there are transfer charges of Land & GST is applicable on this transfer charges, here our question is that we have to pay GST on 15 Cr or not.

Thanks in Advance.


Aniket Parab

Dear sir,

I have to serve 4.5 months of extension starting from Jan 15 2025.
However i have to appear for CA Final May' 25 attempt which will be my second attempt. If I continue to finish my extension i wont be able to appear in May' 25 . So I have applied for 2.5 months leave from Feb 15. I will have been completed 1month extension out of the 4.5months resulting in 3.5months yet to be served. My confusion is whether after coming back from my exam leave i have to serve:
1. Remaining 3.5months only or
2. 3.5 + 2.5month(Leave taken for may'25) = 6months


Divyesh Ajmera

TDS is required to be deducted on foreign remittance for purpose code s1502 and recipient is in Czech republic country?


Kaiwalya Patil

If a MSME vendor for reasons of negligence/ignorance forgets to claim interest on delayed payments, can we as a buyer reverse the provision we made for Interest and if yes when?


S.R. JAIN
10 January 2025 at 14:10

Penalty under new section 271 of IT Act

An NRI assessee did not file return.Notice u/s 148 issued in response to which return was filed and tax of Rs 99000 after deducting TDS
was paid.In assessment return was accepted in toto without any addition.Can penalty for concealment be levied? Please give reference of some case laws.


Harika
10 January 2025 at 13:36

UPDATED RETURN FOR FY 2021-22

I, SALARIES EMPLOYEE, ALREADY FILED INCOME TAX IN OLD TAX REGIME FOR FY.2021-23. FOR THE SAME FILED UPDATED INCOME TAX RETURN IN NEW TAX REGIME -
IS IT CORRECT
CAN I CHNAGE TAX REGIME IN UPDATED RETURN RELATED TO SALARY EMPLOYEE


Divyesh Ajmera
10 January 2025 at 13:35

GST liability .

If i am doing purchase sale of tax free item in market yard and receiving 1.5% commission on it then is it liable to pay gst on it.?


Gurvinder Singh
10 January 2025 at 13:24

Payment to Vendors

Hello Sir,

Can a person make payment to vendor from his savings account, if he is proprietor. Please advise.

Thanks
Gurvinder Singh





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