TAILOR NAGENDRA REDDY
This Query has 1 replies

This Query has 1 replies

17 November 2024 at 21:41

Number of years vs one appeal

Dear Sir, Appeals are to be made( CIT Appeals or JC Appeals), year-wise only, but not the clubbing two or more years in one appeal ie. in Form 35 or 36. Is it correct sir


Gopalakrishnan. S
This Query has 3 replies

This Query has 3 replies

17 November 2024 at 19:58

GST rate for millets.

Dear Experts,

May I know whether I should charge any GST for the millets, if I purchase and sell them as it is ? Is it exempted from GST ? If not, what is the GST rate ?

Pls. advice.


k M Goyal
This Query has 1 replies

This Query has 1 replies

Dear Sir
Our partner ship firm is having property in their name.
we want to introduce partner in this firm.
please guide us whether further registration is required or not of the property under transfer of property act?
Thanks


ABHI KUMAR
This Query has 7 replies

This Query has 7 replies

17 November 2024 at 15:17

REGARDING GST ON COMMERICIAL PROPERTY

LANDLORD UNREGISTER
TENNAT: REGISTER
MONTHLY RENT PAID 20000 RS PER MONTH

ANNUAL RENT 240000

NOW RCM APPLICABLE ON TENNAT

RCM ON 20000 * 18%=

OR 20000 INCLUDING RCM

CONFUSED


kailash choudhary
This Query has 3 replies

This Query has 3 replies

17 November 2024 at 15:11

Capital gain consideration

I booked a villa in March 2022 from a builder and secured a home loan in March 2022 based on the agreement. As per the agreement all installment of payments was made on time .The villa was registered in July 2024 after completion of construction . Now, I am selling the villa in November 2024. What will be the applicable capital gains tax—long-term or short-term?


Daya
This Query has 1 replies

This Query has 1 replies

17 November 2024 at 13:38

TDS on social media expenses

what is TDS rate on social media expenses.


Daya
This Query has 1 replies

This Query has 1 replies

Bonus paid to few employees in cash more than Rs. 10,000 in Diwali .
How to make entry in cash , AS per section 40A says that more than 10,000 can not be paid in cash,


Daya
This Query has 1 replies

This Query has 1 replies

Hot to make provision for Depreciation and transferred to profit and loss account.


PRASANNA KUMAR
This Query has 1 replies

This Query has 1 replies

17 November 2024 at 13:18

TAX LIABILITY AGAINST GIFT DEED

Hi Sirs,
I will be selling my property which is in my name for around 50L and the entire amount will be gifting to
my married daughter for her to start a clinic or for her long term investment.
Kindly advise
(1) what would be my capital gain in this case(I bought the property in 2000 and spend a total
amount of 25L)
(2)My daughter's (who is a Doctor) tax liability even if I give through Gift deed.

Thanks for your kind advise.


Trimurti
This Query has 3 replies

This Query has 3 replies

17 November 2024 at 11:02

Donation Receipt u/s 80G

Dear Sir,

Greetings!

I have been associates with one of the Education Institute. One of donors inform that he is director in his company and he wants to donation some amount u/s 80G. He will issue the cheque from his personal account however, he provided his company PAN no and suggested to record the donation in favour of his Company and donation receipt should be issued in favour of his company.
My quary is whether
donation receipt be issued in favour of Company although the cheque is given by director from his personal account.
What is Income Tax Rules says about recording of donation u/s 80G. i.e. donation receipt should prepare as per name given in cheque or name given in PAN No.

Should Institution take any declaration from the donor in case of receipt issued in his Company name although the cheque issued from personal account.

I seek valuable feedback from the experts..

Regards