Suresh S. Tejwani
01 July 2024 at 12:22

GST APPEL

WHAT IS THE RATE OF GST APPEL TAX PAYMENT FOR GST APPEL 7% OR 10%


Prashant Pandey

Hello Team,

Trust you all are doing good.
I have a situation where in year 2022-23, taken a paid training from outside market worth 5L which was paid by employer, a KT bond was signed for 2 years effective post training. After 19 months of service(in year 2023-24) I decided to change the organization, had discussions on KT bond recovery on pro-data basis but they were adamant to recover full amount and during 3 months notice they recovered it full(2L+1.5+1.5L).

Now I have received Form 16, where they haven't mentioned this recovery but only income earned and respective other deductions during my stay.
As a consequences I have to pay taxes on those 5Lacs which I didnt received.

Could you please suggest way forward to show the amount which was recovered and reflect them while I process the ITR now.

Thanks
Prashant Pandey


ABHI KUMAR

PURCHASE SOLAR PLANT FOR SHOP CAN WE CALIM DEPRICIATION

AND WHAT IS THE RATE OF DEPRICIATION

THANKS IN ADVANCE


Rima Kapadia
01 July 2024 at 10:21

Superannuation fund audit

Is there mandatory to audit of superannuation fund? Superannuation fund is approved. If yes in which section?


suren

Dear All,

The assessee has declared his income last year and filed form ITR 3 as there was a business income declared U/s.44ADA. He has GST number also. However, in last financial year (2023-24 AY: 2024-25), he does not have any business income. His income comprises of bank interest and long term Capital Gain.
Which form he has to use ITR 2 or ITR 3? As old regime is beneficial to him, question is can he file ITR 2 where opting for Old regime is simply by selecting while filing return? Or he has to file form 10-IEA and ITR return 3?

Please advise.

Thanks and regards


prasad Nilugal
01 July 2024 at 08:40

Happy CA Day (1st July 2024 )

Happy CA Day to all Chartered Accountant .


D.P.KAPOOR
30 June 2024 at 20:45

Rental income shown

पति और पत्नी के नाम संयुक्त संपत्ति पर किराये की आय को आयकर रिटर्न में पति और पत्नी के नाम 80% और पत्नी के नाम 20% क्या दिखा सकता है जबकी प्रोपोर्टी में कोई अनुपात नहीं है


Siva Chaitanya Varma Inampudi
30 June 2024 at 18:52

44AE Vehicle Weight

What is weight to be taken for Lorry while computing income under section 44AE, Whether Gross Vehicle weight is to be taken or Unladen weight is to be taken?


Suraj

Dear Sir / Madam,
My query is as follows:
Mr A sold equity shares of listed companies and earned Long term capital gain of Rs. 275,000/- (Sales value Rs. 15 lakhs). He purchased a residential house property in the same year for Rs 50 lakhs.

Instead of claiming exemption of long term capital gain upto Rs. 1 lakh, Can he claim exemption of entire long term capital gain of Rs. 275,000/- by showing u/s 54F the investment of sales proceeds of equity shares of Rs. 15 lakhs in the purchase of new house property?

Kindly guide.
Thanking You,
Suraj


D.P.KAPOOR
06 August 2024 at 12:26

Rent recived in my name

Sir, One property joint with my wife no share mentioned in registry . The property let out in current year and rent paid tenant direct transfer to my Bank Account. Is it possible the amount of Full Rent shown in my ITR. If the Co owner coloum shown Yes the rent amount automatically divided but my choice is Full rent shown in my Itr. Please Suggest urgently.
D.P.Kapoor
9810600330





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