CA Surya Sekar
27 March 2020 at 14:06

Directors ITR have not processed yet

ITR's of Directors were filed in last August on time but during extended time limit.

But till date no communication from IT dept.

What can be done now ??


CA Surya Sekar

What are the types of digital signatures available for Income tax filing??

Is soft copy of DSC available on e-mudra??


jimmy
27 March 2020 at 12:05

Resignation of All director

Whether all director can be resigned and new 3 director can be appointed in one board resolution?


Anita

am ready to pay some fees for d reply inherited gold of mother who passed away in 2019 (she got all before 1971-from her mother, husband and mother-in-law) we sell it in 2019 is this working correct-eg 100gms x 4300 (fmv as on 1st april 2001 is 4300inr)=430000 indexed price-430000x289/100 (289 cii of 2019 and 100 cii of 2001)=1242700-(sale price 100gmsx3600=)360000= then the amt arrived at is a very big amt so i think this working is incorrect


Anita

is challan 280 and category self-assessment (no.300) in the challan form correct for paying by self online the tax on sale of inherited gold ? do we have to pay by 31/3/2020 to avoid interest 9%? or is june 30th 2020 d last dt for such tax payment without interest, penalty, late fee? Does a householder (who had taken pan on anuual income of fifty thousand for home tuitions but since past few yrs has been slf retired below the age of 60yrs) have to file itr on payment of tax on LTCG on inherited gold? am ready to pay some professional fees for the reply


Anita

inherited gold of mother who passed away in 2019 (she got all before 1971-from her mother, husband and mother-in-law)
we sell it in 2019 is this working correct-eg 100gms x 4300 (fmv as on 1st april 2001 is 4300inr)=430000
indexed price-430000x289/100 (289 cii of 2019 and 100 cii of 2001)=1242700-(sale price 100gmsx3600=)360000=
then the amt arrived at is a very big amt so i think this working is incorrect


Anita

query-please reply--where price is unknown for inherited gold purchased before 1971, (mother received from her mother, mother-in-law and husband), we receive after mother passes away in 2019 and sell in say 2019, is the following working for tax amount on LTCG on inherited gold correct? Am ready to pay some amount for professional advice reg. the foll. queries--

1) working-let us say an eg to tell if d working is correct--FMV as on 1st april 2001=4300 INR so let us say for 100gms working--

        fmv          100gmsx4300  =  430000

     -sale value-100gmsx3000 =   300000

                                               =   130000x20% = 26000

 +4% health&edu cess on 26000=                         1040

                                                      tax payable   =27040


deepak
26 March 2020 at 21:03

ITC related query

If carrying out business of reselling bislery water. purchased vehicle on Gst business name and used for transportation of goods. In such case can we take ITC of vehicle gst paid at time of purchased.


lakshmiswetha
26 March 2020 at 19:51

Tds nd gst

I want to know about statutory compliance audit of tds nd gst .format .how it should be done .please let me know.your valuable suggestions will help me a lot


Kollipara Sundaraiah

I t. Assess I.t. return filed f.y.2018-2019 extend only and f.y.2019-2020 any extension.