In form 16 , the income from salaries chargeable to tax is suppose 10000₹(which is correct) but in 26as its showing 11000₹ but rest all details are accurate including the tds amount n all. What should I do?

Hi There,

I have a question related to capital gain on my property sold.

I purchased a flat by entering into an agreement of sale (Notarised) in Nov 2013 for 28 Lacs and got the possession in Oct 2016. The sale deed was not registered at this time but was done in Jun 2018 (Stamp duty paid 3 Lacs).

I sold this flat in Dec 2019 and the sale deed was registered for 40 Lacs.

My question is what will be the nature of capital gain here- Long/Short term?
Amount of capital gain tax for AY 20-21.

Thanks in advance.
Regards

Dear Experts,
Can we expect further extension of tax audit Report & ITR filing and GSTR-9 & 9C

Thanks & Regards
Nikhil sharma

Dear all

Mr. X is a builder
Flat value 50lakh
Semi finished flat was sold for 35 Lakh
for remaining work 15 Lakh he entered in to construction agreement with buyer on same day

Doubts
Now builder has to pay GST 5% on 35 Lakh and 18% on 15 Lakh
Or
5% on 50 Lakhs

please clarify me

Sir if a company ABC Pvt Ltd has 30% stake in another company XYZ LTD which is applying IND AS, does ABC Pvt Ltd have to apply IND AS?

I have a CONSTRUCTION company. Testing of goods used for CONSTRUCTION.
Is GST charged on testing fee? IF YES Please give me proper provision for reference

Dear Sir/Madam

credit Note and Debit Note raised by vendor and it is reflected in 2A, In GSTR3B where should I report these.

A GST registered taxpayer is filing return for Jan 2020. He is having RCM liability. He files the return on 20.05.2020 for Jan 2020.

He discharges his RCM liability and takes ITC in Jan 2020 return.

Whether he is eligible for the ITC in Jan 2020 or in May 2020.

I am going to open a hotel with restaurant and Marriage lawn..... and i wanted to know the rate of gst on :-
1.) Hotel rooms
2.) Restaurant Service
3.) Marriage lawn service
4.) Food/ catering service for Marriage

When Income tax returns are prepared from software provided by Income Tax Department
Penalty u/s 234F is calculated automatically
when due date of filing income tax returns is extended till 31st December is it payable ?