What kinds of questions I can and can't answer?
i can do give answer in Corporate matters and not in VAT and CST matter
My area of expertise company law
My experience in
the area (years): 2.5 years
belong to: bakshi & associates
writing which has appeared : nowhere yet
BCOM & ACS
Award & Honors:
go ist prize in EDP programme
G Nagendra Rao
: income tax
I was advised that if net profit is below 8% of turnover, then it is better to get tax audit is done even though the turnover is less than one crore. but you say file ITR-3 and no need of tax audit. Kindly elaborate and oblige
: Capital Gain on property sale
Sir, You have replied to the query of 123456 dt. 30.6.2020 on this subject.
I believe the FMV of land/buildings as on 1.4.2001 is capped at the Stamp Duty rate of the property on that date, irrespective of the FMV if the latter is higher than the stamp duty value. This provision is from the Finance Bill (Budget 2020, 1.2.2020). Kindly confirm if my understanding is correct. Thanks.