CAclubindia

Queries Replied : 26053

Hi.I am Ramesh Krishnan, Associate Memeber of ICWAI & Certified Management Accountant (CMA) by IMA(USA) Working in Bangalore

Award Winner as " Most effective Expert in Caclubindia-2011" My working style always like,

Take life always as challenge,Think positive,

Give involvement on taken task,Donot divert your concentration from the taken task,

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Abul Lais says : Capital gain tax
Dear sir, we have a agricultural property which was bought in November 1986 consisting of 11 partners. We are planning to sell it for 20cr. Could you guide me on capital gain tax as to how to save tax or if tax payable how much would it be?

tanvi ck says : Applicability of GST
Sir my uncle is a private money lender. And he files his quarterly KVAT returns. So with the changes in law and new amendments ,does he need to take GST registration? and also what is the maximum rate of interest for money lending ..? Please Help.

Rahul Prasad says : ITR
Dear sir, can you please clear my one doubt regarding filling of ITR for FY 2015-16. As per previous law we can file it till 31st march 2018. But in recent budget it has been said that now from 1st April 2017 only one return can be filed. Now we can file two year return at a time. However I am not getting any circular or notification for it. But even all CA are saying that after 31st march 2017 only FY 2016-17 return can be filed.

Karthik says : Trading of motor vehicles&Commission income
Gud evng sir Mr x has a motar vehicle trading business and coconut commission business then trading of motor vehicles can be shown as sec44ad presumptive income ???? And commission can be directly show??? Whether Compulsory need to maintain books of accounts Trading of motor vehicles 460000 turn over and profits 50000 commission business 1lakh income Please explain me sir

R P Das says : HELP REGARDING EXPORT INFORMATION
Hello Sir, I want to export pure silk products & already got the IEC. What should be the next step in order to move forward? Please suggest. Thanks Read more at: http://www.caclubindia.com/experts/experts_profile.asp?member_id=94632