Hi,
I paid Rs 102360 as Stamp Duty and Rs 17071 as Registration Fee for the purchase of a new residential flat on 07-MAR-2018. I want to claim the total of Rs 119431 as a Deduction in FY 2017-18 (AY 2018-19).
I will use Form ITR-2 to file my tax return.
I have the following queries:
Q1. Is it Correct that I can show the deduction amount of Rs 119431 in ‘SCHEDULE VI-A’ of form ITR-2 ?
Q2. In Schedule VI-A, against WHICH of the following sections do I have to show the deduction amount of Rs 119431 ?
a. Section 80C
b. Section 80CCC
c. Section 80CCD(1)
d. Section 80CCD(1B)
e. Section 80CCD(2)
f. Section 80CCG

Regards,
Snehashish

Dear Experts,

Can we take ITC on Office Furniture & Fixture under CGST Act, 2017?
If yes, so in which head it should be capitalized either in Plant & Machinery or
in Furniture & Fixture.

I am so confused from Section 17(5).

Please advise.

I just mistakenly write my roll on my additional answer sheet in ca final costing paper
What action can I take now

Dear Sir,

I have asked same query earlier, but i want more information regarding money received from father after sold his house property is taxable income in the hand of daughter or father ? if father has not been paid capital gain tax or not submitting income tax return for that financial year. If so daughter after received money from his father through a/c payee cheque wants to invest in capital gain tax avoiding scheme. Will the whole amount will be questionable ? by ITO officer if notice will be served ?

please suggest me

regards

A dealer gives cash discount on its invoice as per direction of company.The cash discount so given is reimbursed by the company later.In such scenario the cash discount will be charged before charging gst or after charging gst?The dealer gives discount after charging gst in order to higher tax compliance and does not reduce the gst on reimbursement so received from the company.Is the practice is correct or not?

In case of death of all the directors , can the legal heirs appoint a director , if so whose digital certificate will be used to upload form DIR - 12

X, Y and Z are partners in a firm. At the time of division of profit for the year there
was dispute between the partners. Profits before interest on partner’s capital was Rs.
6,000 and X wanted interest on capital @ 20% as his capital contributions was Rs.
1,00,000 as compared to that of Y and Z which was Rs. 75,000 and Rs. 50,000
respectively

Hi,

I am salaried Person receive salary monthly.

I am also receiving interest on Fixed deposit which was in my daughter name (directed by court under motor vehicle accident case)

My PAN recorded in Fixed deposit and TDS deducted and TDS certificate received in my name.

My daughter is minor and Has PAN number in her name. I have not used before for filing the return.

1) Which ITR form should I use when filing income tax return ?
2) Should I keep daughter PAN or Cancel the PAN since I am clubbing the income in PAN ?
3) Is there any penalty for keeping PAN for minor and not filing the return ?


please advice.

Regards
Umesh

Dear Expert,

Kindly guide on the following:
1. I have started my Entrepreneurial journey recently, and have started a Proprietor-based Consulting firm. Do I need to apply for Profession Tax?
2. Kindly guide on the website that allows me to enroll / register for Profession Tax
3. Can I make the payment for last year as well?

Thank you in advance.

Warm regards,
Kedar Zingade

Hello Expert

Private company taken unsecured loan from director and relative of director by passing Board Resolution in Second Board Meeting .
Now company plan to convert such loan into equity.

can company eligible to pass special resolution in General Meeting in respect of above loan.