Sir,
Compensation is made to me for compulsory acquisition of my residential house in April, 2018,
I, constructed new residential house in same year i.e. 2018 with expenditure more than compensation received,

how can i claim exemption to capital gain in Income Tax,
which section is applicable for exemption for AY 2019-20.

Kindly guide...
Thanks


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24 May 2019 at 17:24

Return filing

MY HUF PAN CARD APPLIED IN MAY-2019 WITH DATE IN CORPORATION OF 18-02-2017.

SO MY QUERY IS SHOULD I FILE MY INCOME TAX RETURN FOR F.Y. 2018-19.


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If in a organisation the printing and stationary expenses for the year is around 14,00,000 which has different vendors , then TDS is applicable for them ?


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Dear Experts,
After the Supreme Court Ruilings for Special Allowance, What should be the Best salary structure for salary earners above Rs. 6,00,000?
I will be obliged.


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24 May 2019 at 09:05

Tds on transporter agent

A person who is engaged as an agent in transportation, is TDS required to be deducted from his payment u/s 194C ? And can he furnish declaration? Also as he is a commission agent is commission required to ve deducted under 194H


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24 May 2019 at 08:58

Keyman insurance policy

Premiums paid by pvt Ltd company for its directors for keyman insurance policy deductible u/s 37(1) are not claimed by the company as expenses for last 10 years and are shown under loans and advances assets

My question is can they be claimed as prior period expenses in f y 18-19 ?

Also if policy is assigned to directors whether surrender value is taxable in the hands of directors and Whether surrender value needs to be recovered from directors and deposited in company ?


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ABC Ltd (listed company) is holding shares 75% in 'X Ltd' which is a widely held company. Now ABC Ltd decided in FY 2019-20 to transfer shares of 'X Ltd' to closely held company 'Y Ltd'.

Can 'X Ltd' carry forward business loss incurred prior to FY 2019-20?


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23 May 2019 at 16:33

Tds challan wrong

1.Challan no.281 tds paid for asst.year 2019.2020.but asst.year 2018.2019 wrong paid
Modify tds challan producure

2.Sec 87a rebate financial year 2018.2019 2500 is correct .


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23 May 2019 at 14:55

Itr applicability

I Have some income from other sources & deduction entered u/s 57(iii) from such income, can i filled my return in ITR4? ITR1 is barred from me as expenses deduct from other sources of income other than 57 (ii)a.Is the rule is applicable ITR4 also?


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23 May 2019 at 14:05

Sft

A company has sold some goods to a party amounting to Rs 225000/-. The purchaser deposits Rs 50000, Rs 25000, Rs 75000 & Rs 75000/- on a single day cash directly in the bank account of the company. Purchaser deposits the amount at different times on the same day. Since aggregation rule is not there, still is it to be reported under SFT in Form 61A or not? Please advise.


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