Dear Experts, My Cousin Sister Tested Covid-19 Positive and passed away. She deposited some amount in Fixed deposit and I am the nominee to receive the same. My Question is that after receiving the closed proceeds of FD Amount is it taxable? if not taxable how to treat the same.? Thanks in advance

How to calculate capital gain if Flat which was under construction booked in 2010 for amount Rs 200000/- and later on , on demand of builder assesses made payments and got the possession in 2016 but registry done in 2019

Hello sir,
Sir I started industrial training on 8th January 2020 but I took stamp duty for deed on August 2020 due to covid -19 I am not able to get the stamp duty on right time.
Sir please tell me,can I submit the deed ..is this deed valid

Respected Sir,
Kindest regards to all of you. Please guide me and oblige.

I have received a show cause notice form GST and I have to submit on-line reply. Please let me know the procedure for online reply of the notice.

Yours tarique rizvi
9852 1630 130

assessee is pvt.ltd.
turnover is 2.5 crorein fy1920,
cash receipts more than 5% of total turnover.
net loss in profit loss.

is tax audit applicable?

according to me, 44ad 8% 6% etc. not applicable to company. so no tax audit as limit of 4 crore of 44ab not crossed. am i wrong?

A person new business started of pan masala product.
Question:
1.dealer composite scheme eligible or not.
2.tax rate applicable for pan masala with tobacco and with out tobacco.
3.how much rate of cess applicable.
4.how to calculate producer sale bill and tax calculation.

I'm an agarbatti manufacturer can I avail ITC on my inputs?

i Have income from received Paytm deducted under section 194H. how to treat my income while fling of return. Which ITR I need to use to file return. ITR -4 (44AD) or ITR 3
kindly suggest me.

Dear sir,
one our client is a doctor and is running a nursing home. For some legal case of nursing home has paid Rs 50000/- to one Advocate. The Charges are debited in Profit and loss account Will he be liable for registration under Reverse Charge

Respected Sir,

Kindest regards to all of you.

I shall be highly obliged to you, should you please guide me.

Ours is partnership firm consisting of six partners. We have given our plant & Machinery on Lease (Rent) for a long period of three years. Whether can we claim remuneration out of Rental Income.

Remuneration shall be credited to partners capital income in P&L % ratio. The nett profit of the firm will come down after crediting remuneration to partners capital account and finally tax liability on shoulder of the firm will be lesser and the partners will pay income tax individually but slab wise.