Easy Office
Easy Office


vijay
18 February 2021 at 21:41

80G Exemption

Dear sir,
Is 80 G not applicable for charitable and educational institutions. I was told by a CA that educational institutions make profit. It was suggested to remove delete educational objectives from the trust deed.

I am not sure it is true, is there any new amendment for where 80G is only for charitable not for educational objects.

Appreciate your guidance


kamal
18 February 2021 at 20:59

Regarding 80 C

Would 80 C continue in FY 2021_22 or not


AMIT JOSHI

Respected Everyone,

how to file kiosk , bill payment service center ITR If their turnover is more than 1 cr.


aadi thakur
18 February 2021 at 18:51

LINK TO GSTR-9

Those assesses whose turnover of f.y. 2019-20 is less than 2 crore is mandatory to file gstr-9 or not. Please clear.
Thanks


VIKAS KUMAR SHARMA

Sir,
previously turnover less than 1.50 cr and filled GSTR 1 quarterly basis, now not auto -migrated to QRMP scheme. Moreover dashboard shows GSTR 1 filled date on monthly basis, GSTR 3B forms also shows on dashboard.
please advise what to do if want to go QRMP?
if QRMP not applied now than how can file GSTR 1 ?
regrads


Kollipara Sundaraiah
18 February 2021 at 18:05

Tds deducted for purchases of new car

Sir,
I.t.assess purchases of new car limit value above Rs:10 lacs Tds 1% deducted applicable in I.t. act and Tds refund claim allowed in I t act.


TARIQUE RIZVI
18 February 2021 at 17:59

CORE & NON CORE

Respected Sir,
Basically what is the difference between core & non-core ?


Khushal Bheda
18 February 2021 at 17:55

CAPITAL GAIN CALCULATION

MR A HAS ALREADY ACQUIRED ONE PROPERTY LONG BACK IN 1982 NOW THIS PROPERTY IS WENT INTO RE DEVELOPMENT AND GOT 50% AREA EXTRA EQUALS TO 1500.00 SQ FEET. NOW THE SAID PARTY PAID FOR THE EXTRA 500 SQ FEET AREA.
NOW MR A HAS TOTAL AREA OF 2000 SQ FEET , NOW HE PLANS TO SELL AREA OF 1000 SQ FEET FROM OLD AREA , HOW MUCH CAPITAL GAIN WILL BE APPLICABLE?
WHETHER 2/3RD OF THE TOTAL VALUE WILL BE CONSIDERED AS COST OF ACQUIT ION OR FULL VALUE OF ACQUIT ION WILL BE ALLOWED FOR INDEXED COST OF ACQUIT ION


Ravindra Jain
18 February 2021 at 17:51

Depreciation

We are a partnership co.
We are having loss in the co.
We do not want to claim depreciation
For the current year
What will be the repurcation if we do so.


Johny Kutty
18 February 2021 at 17:14

PAN for a Regd Society

Dear Experts,

We are a charitable & welfare association (regd under Society regn Act 1860). We applied for a PAN card under the category of 'AOP',the closest category to our status,we thought, in Form 49A and received the PAN. But our a/c says with this PAN,you can NOT claim any Tax exemptions available to a Society nor can we apply for 12 A regn !
We are told that we should apply for a PAN under the category of 'AJP' ie 'Artificially Juridic Person' instead ! We are confused and worried about receiving the wrong PAN again !
Are we really an 'AJP' ? Kindly advise !

Tom