TARIQUE RIZVI
19 February 2020 at 20:56

HOW TO REDUCE KB

I have to change the address in my GST Registration and I have to attach the electricity bill which is in 100 KB which is to be reduced. How to reduce KB of any documents. Please guide me and oblige.


RITESH B. PANCHAL

Dear Sir/Madam,

What to do if ITC as per GSTR-2A is greater than ITC as per books ?? Please advice.


Binal Salot

DEAR EXPERTS.

PLS HELP ME ABOUT APPLICABILITY AND CALCULATION OF THE CAPITAL GAIN TAX ON CONVERSION OF PRIVATE LIMITED COMPANY TO LLP IF SECTION 47(iiib) is being violated. The company is having capital of 8 cr and reserves of 8 cr also than does capital gain tax is to be paid or not when converting it to LLP. Also consider that, immovable property is building on leased land and others are machinery and other fixed assets.

My query is :
As it is violating the basic condition of the Section 47(iiib), it is transfer and so capital gain tax is applicable.

but how same is being calculated and also in whose hands same is being taxable?

regards


roshan

I have converted to new syllabus ca final on 28.11.19,I applied for final exam for may 2020 but the online form is still appearing as old syllabus,can anyone guide me as to how i should correct this


Rajeev Kashyap
19 February 2020 at 17:40

ITC CLAIM

our business work of trading of scrap sales/purchases. already tractor for the name of proprietor before GST. We purchase a new Trolly for purchase/sales a scrap material. And after that use for trolly goods sales for vendor. Under the GST Act, a new trolley purchase claim can input tax credit. We use for the regular business.Can right or wrong


CA. Poonam Shah
19 February 2020 at 16:11

ESI deduction

Can anyone tell about Employer and Employee' ESI Contribution deduction treatment in the hands of employee as well as Employer ?


sriram
19 February 2020 at 15:35

REGARDING MISTAKE DURING RETURN FILING

1.RETURN OF AY 2012-13 IS WRONGLY FILED FOR AY 2011-12 AS RESULT OF WHICH RETURN OF AY 2011-12 GOT UNKONWINGLY REVISED FOR WHICH THE DEPARTMENT HAS SENT NOTICE FOR FRESH DEMAND.
2. HOWEVER TAX RELATING TO AY 2012-13 WAS REMITTED ONLINE DURING THAT PERIOD ITSELF AND COPY OF CHALLAN IS THERE.
3.NOW THE RETURN FOR AY 2012-13 REMAINED UNFILED.
WHAT IS THE WAY OUT FOR THIS PROBLEM
ANYONE KINDLY SUGGEST


sriram
19 February 2020 at 15:21

REGARDING MISTAKE DURING RETURN FILING

1.RETURN OF AY 2012-13 IS WRONGLY FILED FOR AY 2011-12 AS RESULT OF WHICH AY 2011-12 GOT UNKONWINGLY REVISED FOR WHICH THE DEPARTMENT HAS SENT NOTICE FOR FRESH DEMAND.
2. HOWEVER TAX RELATING TO AY 2012-13 WAS REMITTED ONLINE DURING THAT PERIOD ITSELF AND COPY OF CHALLAN IS THERE.
3.NOW THE RETURN FOR AY 2012-13 REMAINED UNFILED.
WHAT IS THE WAY OUT FOR THIS PROBLEM
ANYONE KINDLY SUGGEST


Lowrence
19 February 2020 at 14:36

Property - mortgage - procedure

Hi All,
Can I keep property papers of the house we are living in now in the Bank, like mortgage , which is on my dad's name. And can we get loan sanctioned on the property so that we can demolish the house and construct a new one properly, with 3 floors.
Could you please let me know how is the loan amount sanctioned and other details like tenure of loan repayment, etc.

Thanks in advance.


shalini
19 February 2020 at 13:29

TDS ON PROPERTY

TDS on property became effective from 1.6.2013. A person paid his brothers & sisters in 2011 to purchase their share in the ancestral property he resided. Now in Dec 2019 he has got a sale deed executed in his favour and Registrar is asking for TDS challans for it. He is ready to pay TDS, what would be applicability of interest if date of payment of 2011 is entered. Since the section was not effective, there should be no TDS. Date of deduction is also got to be entered it will be Dec 2019.
Pls help out in this matter.






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