HOTCHPOT of a HUF is almost empty as such one of it’s coparcener wishes to throw a part of his self occupied property to the HUF ‘HOTCHPOT’ so that on partition of the family each of the coparcener will receive a reasonable amount of HUF property.
What is the process for it & what are the merits & demerits of the planning.
Sir,
i have made a mistake in gstr 1 in march 18, my mistake is plotting wrong party name.It has reflect in that party gstr 2A ,after that i had made an amendment in sep 18 by correcting the party name.
But the earlier party calling me that the sell voucher is showing in his gstr 2A and has not been omitted. He does not believed that i have amended.
So what is the possibilities left to do?
Plz let me know ...if a person income is INR 180000 per annum but he made a transaction of 380000 per annum through Bank (EMI payment of loan taken in his name on behalf of others) whether tax is payable under income tax act 1961
Sir/Madam,
The Governing Body members gifted immovable property to an AOP Education Society not covered under Section 10(23)(C) and also not covered under 12A registration filing ITR 5 and paying Taxes on surplus income. The gift was immovable property necessitated by compulsion to retain recognition of the institution. The case apparently falls under Section 56(2)(x) read with Section 2(24)(xviia). Please inform if the case is otherwise?
HELLO SIR
I PURCHASE SAND WITH ONE OF MY CLIENT XYZ. THEY GIVE ME TWO INVOICE. ONE IS MATERIAL INVOICE AND SECOND FOR TRANSPORTATION EXPS. THEY PAID TRANSPORTATION EXPS TO TRANSPORTER.
SO IN THIS CASE MY QUESTION IS THEY DO GST PROVISION ON MATERIAL INVOICE BUT NOT ON TRANSPORTATION EXPS. CAN WE LIABLE FOR GST RCM AND TDS ???
i missed to take invoice in GSTR1 in 1st QTR , can we take it in subsequent quarter with same invoice date or we need to change invoice date which is related to subsequent quarter .
A society registered u/s 12a not filed form 10 for asst year 2016_17,how can save penalty for non filling?
sir, I have a HUF client. Kartha of that Huf died recently. HUF consists of kartha, his son and daughter in law. Now, is the legal heir (son) required to obtain new pan card to continue the same business(of HUF) or is there any option to change name of kartha and continue the same pan.
what will be the implications on GST. kindly guide me.
I have received notice under section 234E for payment of late fees of Rs.1000.
My first qustion is."Do i need to revise TDS return already filed"?
2.IF yes then while creating new challan for late fees,which payment type i need to select there are two options 200(TDS/TCSpayable by taxpayer) and 400(TDS/TCS regular Assessment).
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Partition of huf property