ASHISH
03 March 2019 at 12:54

Short term capital loss carry forward

FOR HOW MANY YEARS CAN I CARRY SHORT TERM AND LONG TERM CAPITAL LOSS ON SHARES FORWARD TILL IT LAPSES
ARE THERE ANY CONDITIONS TO BE MET FOR CARRY FORWARD

IF NEXT YEAR I HAVE SHORT TERM CAPITAL GAIN AND NO LONG TERM CAPITAL GAIN WILL LONG TERM CAPITAL LOSS LAPSE IF I DONT SET IT OFF WITH SHORT TERM CAPITAL GAIN


Qasim
02 March 2019 at 20:19

Section 143(3)

Order Passed by AO u/s 143(3) by making addition u/s 14A. Later on in Appeal filed to CIT-(A) resulted in deletion of the addition u/s 14A.

Now ,while calculating the effect of tax for getting appeal effect it is found that Profit on sale of Car(Depreciable Assests) was not computed as per section 50 and consequentially accounting profit on sale of car in books was not removed while calculating Income from PGBP and it was got taxed under the head PGBP. Whereas on such sale deemed capital gain u/s 50 was NIL.

It was remained un-noticed by AO as well as the Asseessee during the assessment prooceedings.

What are the remedy available in this case.

How to get the refund of excess tax paid due to this mistake.




hemlata p. soni

MY CLIENT IS HAVING GST NO AND HE HAS DOING COMPANY CIVIL WORK. HE ALSO TAKE CONTRACT FOR INDIVIDUAL RESIDENTIAL HOUSE FOR 20 LAKHS WITH MATERIAL. WHETHER HE HAS TO PAY GST ON THAT OR NOT. IF HE TAKE CONTRACT FOR ONLY LABOUR WORK FOR RESIDENTIAL HOUSE THAN ALSO HE HAS TO PAY GSTOR NOT.

PLEASE FIVE URGENT REPLY


Sitaram Sishtla
02 March 2019 at 14:53

Pmpry reimbursement from contractor?

When contract labour are engaged in a company, labour contractor is employer and company is Principal employer. PMPRY is initiated to encourage new employment generation. Govt. is reimbursing employer's contribution to encourage employers for employment generation.
However, in recent times it is observed some companies are demanding to repay employer's contribution paid by them to contractor towards contract labour.
My query is, is principal employer entitled for the same?


Rajkumar Gutti
02 March 2019 at 14:47

Gst input on exhibition services

WE ARE PAYING EXHIBITION CHARGES FOR PROMOTING OUR PRODUCT.

CAN WE AVAIL GST INPUT ON EXHIBITION SERVICE INVOICE


TAMILSELVI.M
02 March 2019 at 14:38

Capital gain exemptiob

One of my client has sold one house property and 2 lands.
All were situated at three different places.
And bought a house property.
My query is can he able to adjust the value of house property purchased against all the capital gains he had out of all three assets sold?


swasti

My friend is having a agricultural land in Madhya Pradesh, on which there is High tension Line proposed. Government i.e. M.P.Power Transmission company Limited is giving compensation for the high tension power lines over the agri land. Is the compensation taxable or non-taxable under Income Tax Act 1961. Please suggest.


CA Dhaval Shah
02 March 2019 at 09:01

Sac code for supervision charges

With reference to our application to M/s. DGVCL (Electricity Board) for reduction of Contract Demand from 4500 KVA to 1000 KVA, we received estimate letter from M/s. DGVCL, Surat asking us to pay charges for Supervision Charges and charges include GST so which SAC Code is applicable for said(Supervision Charges) Charges for GST 18%.


Piyush
01 March 2019 at 23:40

Section 80d

Hello,

Please advise if the medical expenditure spent on my wife like medicine and test during pregnancy can be deducted under section 80D or not.

Thank you in advance.

Regards,
Piyush


Riya Singh
01 March 2019 at 20:56

Approval of name without space

Hi,
Dear member,
MCA has Approved the incorporation of my company, where there is no space between Private and Limited (i.e its Privatelimited). but there is no such mistake in the spice form, in spice everywhere there is a space between these to words. so, please guide where there is anything to worry or not?
if yes there is some legal implication of it, how to get it Resolved?