Akshit Jain
09 November 2024 at 18:39

LTCG Tax on debt mutual funds

For debt mutual funds purchased before April 1, 2023,
(A) What is the minimum holding period for the gain to be considered long-term? Is it 24 months or 36 months?
(B) What is the tax rate on LTCG of debt mutual funds? Is it 12.5% without indexation?

The query pertains only to mutual funds bought before April 1, 2023


jaya
09 November 2024 at 16:42

Companies Act FA Excel

Hi,

can somebody pls share the Companies Act Excel of FA ...also the seperate sheet for newly added assets for the year...with all the heads like computer & Peripherals, FF, OE etc


TAILOR NAGENDRA REDDY
09 November 2024 at 15:11

Rectification of orders

Sir, Now finally, the orders, which are subjected to safari, for the F.Y. 2019-2020, which were not appealed against either in the First appeals or Writ court ( but not barred by limitation u/s.107), can we approach the Proper officer to rectify the order or do we have to go to writ court and get the direction to the proper Officer to rectify the order, kindly advise sir.


PURUSOTTAM PANDA

Sir,

Payments made for purchase or use of softwares like Tally.

Should the said payments be booked under "Royalty" or "Repairs and Maintenance"?


Suresh S. Tejwani
09 November 2024 at 12:33

DEFECTIVE RETURNS

WE ARE RECEIVING NOTICE REGARDING DIFFERENCE IN 26 AS WHILE WE ARE ENTERING DATA OF VDA (VIRTUAL DIGITAL ASSET) IN CAPITAL GAIN.
PLEASE GUIDE US REGARDING THIS ISSUE


DIVYESH JAIN
09 November 2024 at 12:25

Gst Sales of FY 2023-24

Dear Sir,

I had filed GSTR-1 of last financial year and found that there was a difference in Sales shown in GSTR-1 for FY 2023-24 when compared to books of accounts of the same year.

Do I need to correct the sales amount while filing GSTR-1 of October 2024 or I can directly file GSTR 9 and show the correct sales amount without showing it in GSTR-1 of October 2024.

Please help me in this matter.

Thanks,
Divyesh Jain


P.Madhivadhanan

An assessee died . His wife was approved as a legal heir. Legal heir gave her bank account for husband refund. All the bank accounts of deceased were already closed. But, refund credited to his closed bank account, bank returned the refund to income tax department. Refund reissue request two times raised so far. How can she get the refund. while ringed to refund banker they u call cpc. Grievances raised , but still in submitted state What procedure to be adopted to get refund


TAILOR NAGENDRA REDDY
09 November 2024 at 11:10

Gift- Certain doubt

Sir, whether an assessee can give the gift to his brother, I mean transfering the amount through bank mode to his account ? kindly do also let me know the relevant section in this regard sir.


Tushar Kalid
08 November 2024 at 23:09

MANPOWER SERVICE TO FOREIGN CLIENT

I am providing manpower from India to Foreign companies. The appointed person will work under foreign company and in their country. My role is to taking interviews and managing interviews of suitable candidates with foreign clients. Payment of bills will be received foreign currency. Can I treat it as Export or is it taxable under GST?


Shravan Ravi
08 November 2024 at 16:27

Is data analytics worth it?

Hello

I am pursuing CPA. Would data analytics add value to CPA? If yes what job roles and what companies can I apply to for jobs?

Regards
Shravan Ravi