DEEPAK KUMAR

Hi Expert
Would you please advise whether 269ST will be applicable to Capital Gain account Scheme (CAGS). If cash deposited of 3 Lakh in CAGS account.

Regards
Deepak


VARMA
29 July 2023 at 21:26

Purchase at concessional gst

Dear sir..
I need advise..can we purchase material @0.1 percentage GST from local vendor, if we have manufacturing plant.
Is concessional gst apply only to traders?


ranjit shitole
29 July 2023 at 20:37

44AD provisions

Can we take 44AD For one business and normal provisions for other business at same time.


SHRADDHA CLINIC
29 July 2023 at 19:08

Section 54F about second home

I have query regarding Capital gains invested in buying property. I own a house where I live. Last Financial year I bought second flat and I have given it for rent. I invested some amount in buying from Redemption of Mutual funds and I invested all the capital gains in it. I Can I avail benefit of section 54F to seek exemption from paying taxes on capital gains?


Ashish Sethia

As per the form 12 BA shared by my employer under the head "Use of movable assets by employees" I see an amount of Rs 1.52 Lakhs. Recently I was laid off by my employer and the work laptop was given to us after the layoffs. I am assuming that the 1.52 lakhs under 12BA is for the laptop. Is this amount tax exempted? If yes then in which article/section can i exempt it from


Mahesh Jadhav

Can I file GST refund application for the month of current running period

I mean recently I have filed GSTR 3B for the month of Jun-23.

So can I file GST refund application for Apr23 to Jun23 ? or do I need to wait for end of financial year ?


Vikas Kakkar

Pls guide ,

RSU 500 @ $28 is given in 2021
RSU 400 @ $32 is given in 2022

If we have not declared RSU earlier say from 2021 but from cy we declare .

Should i write two entry in
Foreign equity in ITR 2 Schedule FA A3 (for 2021 and 2022)

or one entry with 900 with total invested value


Ashish Sethia
29 July 2023 at 18:21

Tax on ex-gratia

Hi,
I was laid-off from my IT job. I received severance package. This also included ex-gratia of amount 1.5 Lakhs. Is this ex-gratia tax exempted. If yes then in which article can i exempt it from


B HARISH KUMAR
29 July 2023 at 18:00

GST APPEAL

Dear Sir / Madam, due to wrong Guidance, I have Filed 10% of the Disputed amount Vide DRC-03, now at the time of Filing there is no option to show that the amount paid to vide DRC-03, how ever due to the last date of appeal I have filed APL-01 application by showing pre-deposit as 0% and filed file the request as I don't have any option
kindly provide the solution on what to do further which is the best way to come out


MAKARAND DAMLE
29 July 2023 at 17:26

Partnership Firm CA

Our is Chartered Accountant Firm having fees below Rs.50 Lakhs
We are not opting for presumptive taxation u/s 44ADA

Software through we are compiling and filing Income Tax Return gives following warning
As the profit is less than 50% of the Turnover, you are liable to get your accounts audited u/s 44AB. Hence, get your accounts audited, fill up Tax audit data in 'ITR Data entry' window and '3CD' window and select the Due date as '31-Oct-2023 - Audit case' in 'Home' page. Alternatively, declare minimum profit of 50% on Turnover u/s 44ADA. However, if you disagree, you can ignore this warning and generate ITR.

Is Tax audit applicable in our case





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