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megha prabhu
08 February 2021 at 17:41

Capital Gain : Long term

we were staying in rental house from 1979 after redevelopment we got a flat from MMRD 10 years ago now planning to sell the same. want to know the long term capital gain tax . While buying rental flat we paid 2000 as deposit and now planning to sell the flat for 40 lakhs .

to SAve capital gain tax what measure has to be taken


JAMES VERGHESE

In a private company, two directors(husband & Wife) were there, in which, one of the director expired. What is the next procedure to transmit the shares and ROC Filing

Please guide me


Sanu Chakraborty

Dear Sir / Madam,

I am writing in reference to the subject matter that whether we should charge GST to ESIC Hospital in Kolkata? This is a Government tender and we have got this tender for next 3 (three) years after signing a mutual agreed contract. Section 12/2017 CGST Act. (Rate) mentioned that "Pure services (excluding works contract service or other composite supplies involving supply of any goods) provided
to the Central Government, State Government or Union territory or local authority or a Governmental authority" shall comes under the exempted service.

ESIC authority claiming exemption on the said service & as per notification this is a works contract service too, then what we have to do in such case.

Please clarify with your point


sankar
08 February 2021 at 16:09

TDS

Sec 194J - when it is applicable and also threshold limit exceeds Rs.30,000/- during the year or Single Payment? . Kindly clarify the doubt


Bharti Sharma

Dear GST Expert,

I have a query, Suppose We have Credit bal on GST portal since April'20 Say Rs. 25Lakhs...& Unpaid GST filing of Rs. 15 Lakhs in Aug'20 & 9.8 Lakhs in Sept'20.. I'm supposed to get interest on credit bal or will it be charged interest from Aug' & Sept; for unpaid Inv.

Plz justify & guide asap..

Thanks & Regards,
Bharti Sharma


Amarnath
08 February 2021 at 15:57

Other Country Sales

Dear sir/ Madam,
We are supplied our product to Other country. My doubt is, in which head i have to fillup this sales in GSTR 1. Please suggest and clear my doubt


Prajakta Potdar
08 February 2021 at 15:39

Investment in NPS

Respected Sir / Madam

Please let me know , what is investment in NPS,?

Where can we get deduction (under which section) for invetment in NPS?


shantha kumar
08 February 2021 at 15:36

Book depreciation on scaffolding system

Dear Sir,

Let me know the useful life of scaffolding system using for construction of buildings.

Regards
shanta Kumar


Amit purohit

Bank have imposed cancellation charges on forward contract to us. what is the accounting treatment of it. Our forward contract comes under cash flow hedge.


Ajay Mishra
08 February 2021 at 13:08

Salary to spause

Sir
I m a private medical professional. My wife also a doctor and retired few months back from govt job. Can I pay her salary from my clinic as an employee or for her services? Kindly advise me from IT point of view.







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