We are Investment co & tarading dealing in shares & securites(NBFC) showing share purchases in B/s to under investment say Rs.10/-. In March 2016 we transfer them to stock in trade a/c for Rs.5/-. Now in March 2017 we valued them at market value i.e Rs.15/-. is it right or wrong. If we sale them in 2017 for Rs.2/- then what is the pur price Rs.5 or Rs.10 or Rs.15 pls guide

one of my client company has make the certain payment to the landlord for getting land development right in addition to the flats to be given to landlord on completion. we wish to know that whether the said payments is considered as input for developers and he was entitled for input tax credit of GST paid on said payment???

Dear Sir,
whether monthly fees paid to doctor will attract RCM under GST? If yes at what rate it should be paid ? Whether our company will get GST credit ?
Kindly Guide.

Chandrashekhar Kulkarni

Dear sir,
we paid Rs 2500/ to plumber dated 24.9.2017 and Rs 3200/ dated 25.9.2017 to electrician they provide us bill without GST .Do we have to pay gst on it RCM base .

Sir / Madam,
We have started an Event management Company.......Please guide me about the possible Accounting heads for Income and Expenditure Account.....

Regards
Rupinder Singh

Whether an investor can sale its holding, acquired in multiple lots, in a way that will result NIL capital gain in the hands of investor ?

Example :- Mr A acquired shares of XYZ Ltd in 2010 - 5000 Shares ,i.e. lot 1 and in 2015 - 3000 Shares, i.e. lot 2 (Both allotment / acquisition is in paper form).

Please suggest, whether Mr A can sale 2800 Shares from both the lots, i.e. (2000 Shares from lot 1 and 800 shares from lot 2) ?
Is there any restriction to sale from a single lot ?

Also provide any write up / notes if available ..

Today I came to know about submission of form 67 for claiming foreign tax credit along with e-file for AY 2017-18 . I have already e-filed and my returns sent to IT-AO of my jurisdiction. It was inadvertent slip due to ignorance. How can I rectify the situation now. Please advise.

Sir I am shrikant and I bought a land in 1998 in 48 thousand rupee and sell it in 2016 in 12 lakh rupee.
Sir if I buy another land of 10 lakh rupee how much tax have to pay by me to government. Plz answer soon sir..

Dear Sir/Ma'am,
An individual is dealing into trading of garments and hosiery materials. Also, she provides stitching and sewing services to her customers.
The turnover of (Trading Activity) + (Stitching & Sewing services) does not exceed Rs.20 Lakhs and all the inward supplies are intra state (Maharashtra)
She has a Proprietary concern under which she operates both the businesses and she has taken GST number under on her pan.
My doubt is, whether GST will apply to both goods as well as services or she can get away for the service component and just apply to the goods.
Thanks in advance.

Hi We have registered office in Pune(Maharashtra) and Branch office in Delhi. We are in Service industry. Our all Invoices done by Pune office. Do we have to pay tax on RCM on expenses at Delhi Like Rent, maintenance etc.