Srikanth Sri

Police Clearance Certificate (PCC) account head tell us whether it should post as office administration expenses or Staff welfare expenses


AMIT K VYAS
23 November 2020 at 15:44

Capital Gains

Mr A & Mr B are cousin brothers who applied jointly for allotment of a residential Flat through a public lottery system launched by the Mumbai Housing & Area Development Board (MHADA) in the year 2002. The Flat was duly allotted to their joint names. The purchase price was Rs 13 lacs which was entirely paid by Mr B.
Now Mr B proposes to dispose off the property at a price of Rs 1, 20,00,000/- . The entire consideration would be paid to Mr B and Mr A would relinquish his right to the consideration. What are the tax implications for Mr A


Sheetal Rawool

Dear Team,

We have issued Debit and Credit note against rate difference (price differentiation) and also applied TCS on the same. So please guide us whether the TCS treatment is right or wrong???


DEBASISH BODHAK
23 November 2020 at 14:16

Refund Application

I have applied for a GST excess payment refund March 2019 earlier against which RFD-03 issued. As the amount was not heavy, do not apply further.
Now I am trying to apply for a refund of 6lacs above for March 2020. But message showing "Error: Deficiency Memo has been issued for previous period. Please file refund application for previous period before filing for the selected period."
So, please suggest me what I have to do to file refund application for March 2020.


CA Parul Saxena
23 November 2020 at 12:58

Letter of Undertaking urgent please

I have to apply for Letter of undertaking....can i file it online?Further under witness section can i give details of vice presidant?


Rajendra Singh Manwal
23 November 2020 at 12:10

ITC OF INVOICE -2019-20

Dear Sir
We have received a input in GSTR 2A Of Rs. 65000/- in October 2020 but the invoice WAS 2019-20 F.Y and payment made also same year But ITC Not claimed in books and 3B It was stand other ledger account as ITC receivable a/c.as on 31.03.2020
I want ask please suggest me that we can claim it in October or Nov-2020 3B and books input

Thanks & Regards


CA Parul Saxena

WHAT IS THE PROCEDURE OF THIS REGISTRATION WHETHER IT IS ONLINE OR PAPERS TO BE SUBMITTED TO THE DEPARTMENT?
IF IT IS ONLINE THE PORTAL HAS STARTED FOR THE SAME?


Prachi

Hi,

I have re-registered (re-validated) my registration again last month -October '20 through ICAI SSP portal to appear for examination May 21 onwards.
Would I be directly eligible to appear in New course or need to apply for conversion?

Please advise.

Thankyou,
Prachi


Krishnan

Me and my brother sold a property for a sale consideration of Rs.60,00,000. LTCG after indexation comes to Rs.20,00,000. In ITR2, in Sec. CG, under B.1.f, where one has to provide the buyer details, can you please advise what should be the purchase amount to be provided? Would it be full Rs.60,00,000 or apportioned amount of Rs.30,00,000 as me and my brother would be showing only our share of the deal (sale amount, cost amount etc.) in Schedule CG.


Sugyata Choudhary
22 November 2020 at 10:38

Voluntary winding up

How much time does the process of voluntary winding up for small companies through the Regional Directors office take ? Can anyone help ne with the process ?






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