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.

Dear Sir,

Can I book the expense bill in April 2018 which invoice date is 31st March 2018, Actually i have received the bills in april 2018 and I have already filed GSTR2 and paid tds, So can i take input credit

Please give advice

Dear All

Please clarify if payment of conference participant fee payable in USA by an Indian Company for it's employee will attract TDS under section 195???

Hi All,

Wanted to know what all documents are required for processing forex payments ?

Secondly, is 15CA/CB required to be attached with every foreign payment or is it a periodic document?

Please also elaborate the process of drafting and filing 15CA/CB.

Thanks a lot.