EASYOFFICE
EASYOFFICE


Raju P
03 January 2021 at 20:13

Capital Gain on sale of Residential Flat

Assesse sold one residential flat (He also has another House Property so Total two on the date of sale of flat) and invested the same in another House Property. Please give clarification whether he is eligible for exemption u/s 54.


v ramachandran

SIR
I AM A SENIOR CITIZEN HAVING PENSION INCOME OF RS 3.50 LAKHS. I HAVE DONE SHARE TRADING WITH A TURNOVER OF 85 LAKHS AND A PROIFT OF RS 1.30 LAKHS UNDER SHARES ( BUSINESS INCOME). I HAVE ALOSS OF EARLIER YEAR OF RS 65000/- WHICH WILL BE OFFSET BY THIS YEARS PROFIT. AM I REQUIRED TO HAVE MY ACCOUNTS AUDITED IN SPITE OF THE SHARE TURNOVER BEING ONLY 85 LAKHS. OTHER INCOME EXCEEDS INCOME TAX LIMIT. PLEASE ADVISE.
V RAMACHANDRAN. COIMBATORE


nagesh s
03 January 2021 at 19:55

DIN is not approved

Dear Expert

I am doing DSC registration in MCA website,but following error has been showing in the MCA website.So please tell me the solutions for this

DIN is not approved. You require an approved DIN to register your DSC.

But we have DIN number.But following error has been showing in the mca.
If any one know means please suggest me












sridhar
03 January 2021 at 18:40

Income from House Property

Dear Sir/Madam,
I got one house at Hyderabad which is let out and due to employment i am working in Chennai and getting HRA and paying rent.
Here, i am getting rent from Hyderabad property and in Chennai getting HRA and paying rent.

Is it self occupied property. If it is let out can i claim Annual Value as NIL.


Hemkumar
03 January 2021 at 18:09

APPLICABILITY OF AUDIT

One salaried person having loss from trading in intraday(speculative) & derivatives, whether he required to maintained books of accounts and get his books audited from CA ?


Ravi

I have a query on interest rebate for under construction property for self use. I booked an under construction property in Dec2017 under 30-40-30 payment plan for which I took a loan in Dec2017. As of today Loan is 50% disbursed. Due to covid there is delay in planned completion to Jun 2023.
1. Would I be able to get any rebate on interest if builder provides possession by Jun 2023?
2. Based on above dates when would my 5 year timeline for completion end?
3. Is there any relaxation to 5 year timeline for completion due to covid?
Thanks


Suresh S. Tejwani
03 January 2021 at 12:33

REMITTANCE FROM FOREIGN COUNTRY

WHAT IS THE SECTION OF REMITTANCE FROM FOREIGN COUNTRY ?


Kollipara Sundaraiah
03 January 2021 at 12:19

Gst input query

A gst registered dealer turnvoer is> 5 crore.but buying goods from the vendor turnover is <5 crore.
question:
dealer input credit claimed producure and rule 36(4) applicable.


ARUN GUPTA
03 January 2021 at 11:53

Tcs

I received advance of Rs70 lakhs in july 2020 against sales and returned full advance in November 2020.My turnover last year was more then 10 crores. Am i liable to deduct tcs after october 2020 for above transaction. Please advise in details.


ARUN GUPTA
03 January 2021 at 11:45

Tcs

I received advance of Rs70 lakhs in july 2020 against sales and returned full advance in November 2020.My turnover last year was more then 10 crores. Am i liable to deduct tcs after october 2020 for above transaction. Please advise in details.