Long term Capital Gain on Sale of Residential Property : Rs. 25 L
Brought Forward Capital Loss (Short-term capital Loss on Shares/Stock) : Rs. 15 L
Can we invest Rs. 10 L (25 L - 15 L) in capital gain bonds u/s 54EC and adjust balance capital gain of 15 L with brought forward capital loss.
Is this allowed or not, if yes, are there any restrictions or limitations ?
Thanks

Kindly share Accounting Guide for beginners in the field.

A society having 80G & 10AC(12A) worked for a training project in hills sponsored by Govt of Uttarakhand.
The work was completed in FY 22-23 & bills submitted to govt in March 23.
The State Govt booked the bills in FY 23-24 Cleared the Bills in FY 23-24.
The expenses were payable by 31.03.2023 & paid after receipt in May 23.

How do we treat the receipts in I/E account for the FY 22-23

PLS HELP ME WITH HSN CODE FOR laying charges of CAT-6 CAble

Hi,
Kindly light on following given case study...
If all employee's salary not paid by company in one shot, for particular month some employees (it paid in phases ) or salary paid on amount wise i.e in 1st week of month salary paid 20 employee's and next week paid 15 employee's etc.
How can be EFP filled in these situation kindly guide please.

Dear Sir,

Please let me know the Vat rate towards sale of machinery as scrap in 2016

I bought a car in my company's name in July 11/2022. Availed GST.
Unfortunately, the car was totally damaged when it met with an accident in December 2022.
I claimed insurance and Reliance Insurance settled me fully in March 2022.
My auditor says I made a profit of RS 4,51, 432,55 ad asks me to pay GST.
I do not consider this as profit. Like to know whether I have to record.
Need your direction asap.

I sold shares and invested in flat A and claimed LTCG exemption u/s 54 F
I sold my flat and invested the proceeds in another flat B and claimed exemption u/s 54.
Can I do both these transactions in same Fin year
I do not own any other flat

Hello sir/ma'am,
in case of a person dealing in sale of used vehicles and not claiming ITC, he will pay GST on diffrential amount between sale and purchase value. but he don't show GST on invoice, is my understanding correct?
I have seen that CARS24 do not charge GST on their invoice.

Respected sir

As i mentioned in subject during financial year 2018-19 while filling GSTR-3B return for Aug month we have mistakenly/clerical error entered input on import of goods in ''All other ITC" column irrespective of the correct column specified for Input on import of goods, and is not rectified in future returns, can any one suggest me the case laws any high-court with proper no and order date where input is allowed in these type of scenario.