Poonawalla fincorps
Poonawalla fincorps


TARIQUE RIZVI
28 June 2021 at 17:37

MGT-7 & AOC-4 & ADT-3

Respected Sir,

MGT-7 & AOC-4 & ADT-3
====================
These are the documents which are filed with ROC, Can anyone guide me as I want to know the meaning of these filings with ROC.

TKS WITH KINDEST REGARDS









Gourav dewangan

I want to convert a sole proprietor into an LLP. Can anyone guide me the step-by-step procedure for this conversion.


ks Kala

Sir,
My issue is regarding 2 Cover Open Tender: COVER-1 is Signed Technical Bid comprising Technical aspects of the services offered and "Un-priced Schedule which shows "Rate inclusive of all taxes (to be entered by the bidder)" (Do not quote the rate here). COVER-2 Encrypted BOQ Templated - Price Schedule (must not be modified/replaced, else liable to be rejected for this tender). Basic Rate to be entered by the Bidder in Rs. " Total Amount without Taxes" Kindly Clarify as to whether invoice to be submitted "With Taxes OR without Taxes"? May kindly be clarified.

Read more at: https://www.caclubindia.com/experts/unpriced-technical-price-schedule-tax-terms-vs-encrypted-boq-price-schedule-2845289.asp


santosh

Dear all
What is the due date for filing TCS return for Quarter IV of Financial year 2020-21 and also please mention late payment penality for delayed filing.

Thanks in Advance

Regards
Santosh


Piyush
28 June 2021 at 15:04

Taxability on Sale of tenancy rights

Whether an individual who is not the owner of the place selling his tenancy rights to the landlord (new) as he is been occupying the place since 1981 ie almost 40 years is now selling / surrendering his rights to the landlord for a consideration.

Note - new landlord has acquired all the other flats of the same building from the original landlord & other tenants.

Query
1. Whether consideration received will be treated under income from Capital Gain or other sources

2. IF under Capital Gain, whether indexation will be eligible & benefits of Sec 54 can be claimed, as there is no purchase agreement in our favour, only electricity bills are been paid by the assessee towards the flat.


TARIQUE RIZVI
28 June 2021 at 14:38

Ay 2020-21 IT REFUND NOT RECEIVED

Respected Sir,

IT Refund has not been received as yet for the Ay 200-21 ( Year ending March 20 ) . Please guide me what to do in such case on new portal of income tax site. I have to complain on this issue on new portal but I dont know how to operate new portal of income tax.




Kollipara Sundaraiah

A small retail pharmacy business person (turnover below 40 lacs limit) applied for cc loan bank.but bank manager three years projections (profit and loss account and balance sheet) required.
Question:
How to prepare procedure 3 years projections.


Sameer Saurabh
28 June 2021 at 13:20

Capital Gain Tax Calculations

I bought a property in 20 lacs in 2011 (cost inflation index = 167) and selling in 2021 in 45 lacs (CII = 301).

Now, I have two options:

Option 1) Out of 45 lacs, invest 25 lacs to settle loan of another property. Remaining 20 lacs can be added to my bank account.

Option 2) Add entire 45 lacs to my bank account.

Can you please let us know which is better in terms of capital gain tax that needs to be paid?

Thanks in advance


Anshuman Bardhan

A person had taken land on 30 years lease in 1977 which was renewed on 2007. He paid Rs 3600 as premium at the time of taking the lease in 1977. A house has been constructed in the land around 1977-1980. The lease hold land along with house has been sold for Rs 30 lakhs. Kindly advise on the calculation of capital gain.


Piyush

What will be the HSN Code for unstiched dress material (Women) ?