Anonymous
09 May 2018 at 08:23

Trans 1 not filed

Respected Sir / Madam,

I have not filed Tran 1 , neither claimed credit related to same. Can i now file tran 1. ?
What should be action plan to avail the credit?
Thank You.


Rahul
09 May 2018 at 03:41

Huf

We booked a property in the name of “HUF” in 2010. My father is KARTA. Me and my mother is co-pa in HUF . The allotment letter was issued by the builder in the name of the “karta” and co-par.The BBA was signed by, both the members (karta and co-Par)Some of the payment was made to “Builder” from co-parc personal bank account.The property was purchased under CLP plan and in 2017 we received a possession letter from the “builder”and asked for the full and final payment. Later the purchaser (we)sell the said property.The balance payment of 5 to10 was made to “builder” by new owner. While considering the BBA and allotment letter The New purchaser made a payment in both the account 1. Karta 2. Co-parc. personal bank account Would you pls help me to make me understand how do we calculate the LTCG (if it’s there) in both the name (huf and co-parc)



Anonymous
09 May 2018 at 03:00

Long-term capital gain

I have two residential house x and y.out of which one "y" was purchased by me in year 2005 for 5 lacs.now this "y" property is sold for 56 lacs in year 2018.how can I save my long term capital gain tax..as already I have one residential house "x"..what are options available to save tax


HEMANT MISHRA

Hi Expert,
Company has asked employee to leave organisation. But at the time his/her family was facing medical issue so company has decided to give 5 months salary with his/her Full n final and applicable taxes deducted by the employer.

Date of joining - 1.4.2017
Last date - 28.02.2018

In full n final salary was till July 2018.

So is there any way to claim some relief while filing income tax return for FY 2017-18. As I mentioned. five months advance salary was given with his/her full n final in case of medical emergency.


Regards
Hemant


PUNITA
08 May 2018 at 23:29

Capital and revenue expense

Whether the following are capital or revenue expenditure
i) Paint of name of the company on machine.
ii) Repairs made to replace bolts which had dislodged during transit.


TARIQUE RIZVI

Suppose the TDS Liability as on 30th April 2018 was Rs 10,000 but inadvertently was paid Rs 20,000. Excess paid Rs 10,000. What to do in such case. Whether excess amount of TDS can be adjusted against the TDS liability of May 2018 ? or refund should b claimed in such case. Please advise and oblige.



Anonymous
08 May 2018 at 18:59

Roc

KINDLY PROVIDE SAMPLE COPY OF BOARD RESOLUTION FOR INCREASE OF DIR SALARY FOR THE MONTH OF MAY-2018


HKB Associates
08 May 2018 at 18:05

In case of deceased

Dear Expert,
One of my assesse's mother sold a house and by that money they purchase a new house by her son name. No return filed by them. Now income tax serve a notice in her name, which is received y her son but she died one year ago. Now what are the consequence as per the act available.
please guide.


Javed Nehal Nasir
08 May 2018 at 17:22

Advance received against services

A company has given an advance towards services to be rendered for next 12 months, the amount has already been received in the bank
for USD 100,000 how do it treat this in books ?

Please help me

Regards
Javed


Akhilesh

Hello,

Please suggest, can any department/officer can cancel GST registration or sent notice for cancellation of GST registration on the basis of NIL return filed from July 17 to Feb 18??

Is there any provision???








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