EASYOFFICE
EASYOFFICE


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?


VIKAS KUMAR SHARMA
20 January 2021 at 15:36

Can edit gstr 3b submitted status

can we edit gstr 3b December 2020.? forget to enter if outward entries
please suggest
regrads
vikas


anish patnaik

If a University is providing swimming pool,gym and basketball court facilities to its students and outsiders against a fee,is it taxable under GST?