EASYOFFICE


Jashpreet kour
20 January 2021 at 22:01

Penalty levy u/s 271(1)(c)


In the original Income Tax Return the correct income. Was not reported but in response to Notice U/s 148, the correct income was reported, however the Tax Payment was done earlier before receipt of Notice u/s 148. Whether penalty u/s 271(1)(c) can be levied by Officer ?
Any judgement in favour of assessee ??


ausyh

I am in LL B(3 year course)  5th sem exam given and going to start articleship is necessary to fill 112 form? how they know about this any possibility if i not fill form.


suren
20 January 2021 at 21:00

TDS on joint property

Hi, please guide.
My client is buying property in joint name from joint sellers of the property. There is no mention of ownership ratio in the joint property owned by the sellers. The property is in the name of Wife and Husband. The sellers has also taken loan in joint name. However, the Husband says majority of investment has gone from his income. How the TDS is to be deducted in this case? Is it to be 50:50 as ownership ratio is not there in agreement? If yes, how the wife and husband show capital gain in their returns? If wife's investment is negligible, there would be hefty gain in her account and if Husband is the main contributor, there would be loss in his account. What is the correct treatment and what the buyers should do while making payment and deducting TDS?


CA Amit Kumar
20 January 2021 at 19:58

UNREGISTRED TRUST

Can an unregistered trust claim deduction of expenses u/s 57?


imran khan
20 January 2021 at 19:44

Reserve and surplus

If the Reserves and surplus comes as negative figure what it means


Sam
20 January 2021 at 19:17

Capital Gain

I have sold my restaurant business and also the tenancy right of the premises. There was only one agreement made between the purchaser and seller , agreement for sale of business and transfer of tenancy right. In consideration for the transfer of business along with tenancy right I have received the final amount. So what will be the tax implications. I thought that I can invest in 54ec capital gain bonds, but the deductions u/s 54ec is restricted to only transfer of land or building or both. How can I save tax ? Where can I invest ? How will the capital gains be calculated ?


BHARTI R CHUADHARI
20 January 2021 at 17:48

Gst applicable or not

on construction company
no material bill. only shifting of rabit with own tempo or pick up vehicle Pl let me know nature of bus so that i shall mention it in GST Application


keerthana.p
20 January 2021 at 16:39

ITC CLAIM

DEAR SIR,
CAN WE CLAIM IGST ON IMPORT OF GOODS?


Nimitha Kundanam

Dear sir,

We have paid interest in challan but failed to show the same in GSTR 3B return, now the officer is asking that it is not reflecting in GSTR 3B, can someone suggest whether making payment is criteria or showing the same in 3B is important.


Pradeep Sharma

Sir
We are the importer . we are having the proper bill of entry.
We check the GSTR-2B an find some BOE IGST show in GSTR-2B and some is not reflecting in GSTR-2B.

Our professional say us, we can not take input without show in GSTR-2B

How can we take input of IGST of BOE?