Sir

The assessee has sold a property for Rs 2 cr and an agreement to sell was made in 4th march 2019 n Rs 1 cr as part was accepted.The next payment of Rs 1 cr was given on 15th April 2019 and the sale deed was registered in tehsil office on the same day. Questions -

1. The sale of property will be considered in which FY for calculation of capital gains by the seller ?

2. The buyer has deducted full TDS of Rs 2L on 15-04-2019 i.e in FY 2019-20.It is Ok for the seller ?

SIR / MEDAM


WE HAVE GIVEN RS. 60,000/- TO PRINTING PRESS FOR NEW YEAR CALENDAR FOR CUSTOMERS TDS ATTRACTS OR NOT

WE HAVE ALSO GIVEN RS. 80,000/- FOR STICKERS PRINTING, BANNERS FOR ADVERTISEMENT IN THAT TIME TDS ATTRACTS OR NOT

Dear sir,
I want to know that what are the steps to be followed by a private limited company if it sells its substancial portion of fixed Assets..

what type of resolution is to be passed and which form we have to file in ROC to intimate such sale...

pls reply.....

Dear Experts,
A buyer has came at our showroom and billed to him of amount 48670/- in morning, and the same buyer has came in evening asking for billing amount 47000/-

Pls let me know single bill amount is below 50000 hence No Need of eway bill. But since the both bill is in the same day also to the same buyer.

While issuing second invoice of 47000 should I generate the eway bill or not...

Thanks
Karan

I trade only in options in stick market.

Kindly guide me with example as how to calculate turn over for income tax purpose.

Regards,

Dear Sir,

Please see the below queries;

1. Can a Builder register as MSME?
2. Is there any turnover limit for MSME Registration?
3. Whether Motor Car and Office Equipments would quantify for Calculating Investment in Plant & Machinery?

Kindly reply

Business of assessee is not selling of cars i.e. car is used for directors for business purpose.
As per income tax wdv of car is Rs. 162670/- as on 31.03.2018
As per roc/books wdv of car is Rs. 4530/- as on 31.03.2018
Car sold in July 2018 for Rs. 151000/-
Car purchased in 2011 for Rs. Around Rs. 5.44 lacs.
CAR IS OF PETROL AND 1197 CC
Whether in GST applicable on ?
Please guide,

HI,MERI QUERY DEBIT NOTE KE REGARDING HAI,....MERE SELLER NE MUJHE DEBIT NOTE ISSUE KIYA HAI USE GSTR 3B ME KAISE SHOW KARUN...

Dear Friends

I live in a rented apartment, rent of which need to be paid to two brothers separately against separate Rent bill for same months, they have mutually shared the property among them self after their fathers death. Now the issue is will I be able to show Total rent paid to both brothers for HRA Exemption. Need your valuable feedback.

Thanks & Regards
Md Asif Iqbal

Hi Experts,
While making payment of PTRC for each month next month is to be selected. (Maharashtra)
e.g. for making payment of Feb 19 for PTRC, March, 19 is to be selected.

But while making the payment for Mar. 19, (Apr. 19 Month selected) the web portal is not allowing the same.
Does anyone facing the same problem?
Please suggest whether to select financial year 2019-20 to make this payment.
Please advise.