VIKRAM Singh
02 December 2024 at 00:03

Sale of immovable property like flat

Scenario: Purchased a flat in 2011 but due to some issues with the builder the case went on to Supreme Court who appointed NBCC for construction of projects.

Now they handed over the possession and NOC of the flats in Mar 24. But registration will still take sometime, an year or so.

Question:
If we sell the flat now will the duration of holding of flat be counted from Date of Allotment (BBA issue date) or Date of possession and accordingly will it come under under Long term capital gain or short term capital gain.


shivangi
01 December 2024 at 23:49

GSTR9C Turnover 1

Hi

As per Books
Gross Revenue 100
Deferred Revenue 2
Net Revenue 98
Other Income- Int 10
Total Revenue 108

As per GSTR1 - 100

how to present this is in GSTR9 C - Pt II (5)
Pt (5) A - 98
Pt (5) O - 10
Pt (5) P = 108
Pt (5) Q - 100
Pt (5) R - 8- (10-2) - should be nil
where to show Deferred revenue in GSTR9C - billed in advance, GST Paid but the Net Revenue is reduced in P&L
Thank you


Daya

whether Sale minus purchase is profit/loss.
Sum of profit and loss is turnover.
and Deduct security transaction tax and CTT and calculate capital gain.


Daya

what is method of calculation of income tax on F&o ,Currency and Commodity .


Daya

is Manpower supply covered under security services and whether RCM apply.


Daya

whether security covered shares , bond, mutual fund and debentures and
whether GST input can be claimed on shares purchased and related to security services.


Daya

whether GST input can be claimed on shares purchased and share related services received like management fee etc,


Daya

whether GST input can be claimed on shares purchased, A LLP firm purchased shares and selling through SMC if dis allowable under which section please mention.


meenakshi somasundaram
01 December 2024 at 22:16

Restoration Or Purchase

My company holds 30% share in a dissolved company which in turn holds considerable stock in leading Banks and has a valuable landed property.

The official Liquidator knowing fully well of these assets dissolved the company in12020. These shares are with the RTA agents along with the dividend. Official Liquidator knowing fully well of these assets dissolved the company in12020. These shares are with the RTA agents along with the dividend. I approached the liquidator asking him what are the dues that has to be settled. The company has to pay 34% to the workers along with 4% interest. This is 1/6 of the consideration of the shares and landed property. Now I intend to file a case in High court to restore the company to the stage of winding up and claim my share. There are other 2 companies which have share in the dissolved company, but they have been liquidated, one voluntarily some 20 years back and the other by the official liquidator. My question is what should I do? 1 Restore the company and claim my company's share. 2. Buy the dissolved company as I envisage, I will be getting it for a cheaper price. need your guidance






ATUL

CASH RECD ON MARRIAGE OCCASION FROM FRIENDS & OTHERS
TO DEPOSIT IN ABNAK A/C

AMIT LIMIT TO DEPOSIT IN BANK A/C

TIME LIMIT TO DEOSIT AMT IN BANK

PRECAUTION TO TAKE

IF AMT EXCEEDS 50 LAC ????

ANY SUGGESTIONS ??????