whether GST input Can be claimed on Employee health insurance or life insurance or any type of
employee insurance.

DONATIONS RECEIVED BY TRUST FROM PERSONS HAVING NO ID PROOF WHETHER THE SAME TO B FILLED IN FORM 10BD. IF YES THEN UNDER ID COLUMN WHAT TO B FILLED.

TOTAL DONATIONS RECEIVED ARE 60 LACS OUT OF WHICH 15 LACS ARE HAVING PAN AND OTHER ID. THERE IS ALSO HUGE DIFF IN DONATIONS FROM ID PERSONS AND NON ID PERSONS I.E. 45 LACS FROM NO ID PERSONS.

IT IS CHAIRATBLE TRUST.

PL GUIDE.

CAN I CLAIM DEDUCTION U/S 54EC IN RESPECT OF LONG TERM CAPITAL GAIN ON SALE OF UNLISTED SHARES ?

I have Fixed Deposit of INR 100000/- from 29.04.2021 to 29.11.2022.

My Question is As at 31-Mar-2022 above FD shows in current assets or non current assets ?

Hi Experts,

Please, give me some clarity regarding an income tax related issue.

Can an employee claim the online course fee amount for allowance under books and periodicals.

As books and periodicals both gives us information and knowledge regarding our profession and in present times there are a lot of online professional courses regarding finance and Information Technology. These courses also allow us to enhance out knowledge and use it to boost the business ecosystems.

Please, give revert asap.

Thankyou

if my company allocates its employees to its subsidiary company and provides them service, should it be treated as deduction in cost for holding company or revenue for the holding company

MY FATHER HOLDS 1000 UNLISTED SHARES OF A COMPANY (DATE OF ACQUISITION 01.04.2005) AND COST OF ACQUSITION FOR HIM IS RS.10,000/- . HE GIFED THE SAID SHARES TO ME ON 01.04.2022 NOW I WANT TO SOLD THE SAME. MY QUERY IS WHAT IS THE COST OF ACQUISITON FOR ME AND WHETHER IT IS SHORT TERM OR LONG TERM CAPITAL GAIN ? ALSO IF IT IS LTCG CAN I GET INDEXISATION BENEFIT ? AND AT WHAT RATE THE CAPITAL GAIN WILL BE TAXED ?

Dear experts,

i am working in manufacturing company, as per my seniors suggestion we are taking Input of GST amounts as per actual received (what we are received materials in the month ) . we are not doing Books Vs 2B reconciliation and we are not taken input as per 2B.
is there any problem in future?

Actually, we sold 2 Lacs worth of material to our customer on 30.03.2021, they have returned the material on 02.05.2021, But we have forgotten to raise the credit note. Now our customer is asking for the credit note to finalize their account. Shall we raise a credit note with GST, Because the last cut-off date is 30.09.2021?? if not possible is there any other way

I would like to clarify some doubt regarding Taxation of LTCG for a NRI

i.e. Mr. Elan had bought the property in India in 2010 out of his Foreign Income and now he wants to sold the same and the proceeds of the land and building will be transferred through Bank to his NRO A/c.
1.Whether this amount is subject to TDS or not ?
2.In case is it subject to TDS who will deduct the TDS whether the buyer of the Property or Banker ?