Assessee sold agricultural land having Mango, Coconut and Supari Trees for Rs.81,00,000/-
Rs.81,00,000/- is bifurcated as Rs.62,16,000/- towards sale of land and Rs.18,84,000/- towards cost of house constructed on the land.
My question is whether both above receipts are exempt from capital gains tax ?
Hi,
I would like to know whether an assessee can claim both HRA u/s 10(13) and Interest on Home Loan section under 24? Is there any document from income tax act on the conditions?
Sir
Both companies are private limited. directors are same. if one company want to give its excess fund to another comany.is there any problem .kindly advice.
Purchase invoice date 31/03/2026
GRN date. 01/04/26
Accounting Date 01/04/26
My question-
Is goods in transit entry essential to show current asset & current liabilities in B/S
Is tds unde sec. 194 Q required to consider in F. Y 25-26 or in F. Y. 26-27
Please guide.
Is anybody facing just loading for minutes until the website expires if trying to upload Json for F.Y-2024-2025 from Yesterday?
Can a Bank refuse to reverse TDS deducted, after submission of form 121, during the month, before it is consolidated and remitted to the Income Tax Deptt? Form 121 was submitted before TDS was deducted that day.
Even if Form 121 is submitted after TDS has been remitted, can't the Bank refund the TDS by filing a revised return?
I am doing swing trading in equity shares and this is my only source of income.
I want to know how my income will be taxed under the Income Tax Act in India:
Will it be treated as business income or capital gains?
If yes, will tax be applied as per normal slab rates or under STCG/LTCG?
If treated as business income, which ITR form should I file?
Kindly guide.
If appeal to appellate authority is rejected due to not approval of condonation of delay and time limit of 120 days also been expired for appeal to appellate authority
Then against that order whether appeal to GSTAT can be filed?
Hi,
Can ITC for repairs and maintainance done for property be taken by landlord if he is charging and paying GST on Rent income?
Also can the same expense be capitalised?
Please advice.
Regards,
hii!!!
i am individual and proprietor, i have car and claim depreciation under income tax act, i am registered under GST and sold car
1. selling car to unregistered person under gst
2. selling car to registered person under gst
GST applicability, GST apply or not?
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Capital gains on sale of agricultural land and house constructed on the land