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S.Gupta c/o KPS
07 January 2020 at 09:19

Housing loan

i have taken a house loan of Rs 38lacs from a bank,of which Rs28lacs was paid directly to the builder by the bank while the rest(i.e. Rs10lacs) was paid to the builder through me(by transferring the amount of 10lacs to my savings account and the amount was paid by me to the builder).
my query is whether I am liable to pay income tax on the amount of Rs10lacs?


swasti

A resident company is making commission payment to a Non Resident. Is there any liability of Withholding tax? The resident company has obtained the TRC (Tax Residency Certificate) of the non resident. Please suggest. Its urgent.


Ashish Singla
06 January 2020 at 22:00

Financial Reporting Ind as

IF A ltd holds 49% share of b ltd and B ltd holds 49% share of C ltd then c will be indirect associate of A ltd or not means chain associate company


ASHOK KUMAR
06 January 2020 at 21:16

esi

esi inspector is demanding esi contribution amount on labour charges which is claimed in p & l account as expenses, plz advise


sahil

Sir

With reference to the above subject, we are sale our goods to DTA Unit (except SEZ) & we have paid the Custom Duty & IGST through Customs vide TR-6 Challan in PNB bank, NSEZ Noida. As per the challan TR-6 of Customs, if you purchase from SEZ to DTA unit as import then kindly clarify to us where we are these entries in the GSTR-1 & the purchaser will be claim IGST of these goods. We are attached the BOE & Challan for your ready reference.


Shobia

Hi
One of our client is a dealer of a Corporate sector and also sells other corporate's product, will the former corporate be able to view the transaction of the dealer with the latter company?
Eg: If the client is a dealer of Nippon paints, if he buys paint from Asian paints, will Nippon (as a corporate) be able to view the dealer's purchase from Asian paints?


ajeet

Assessee was assessed u/s 143(3) for AY 2013-14 and demand raised by assessing officer but due to lack of knowledge assessee had not filed appeal to cit appeal. The Assessing officer has issued notice dated 31-3-2019 u/s- 148 and 142(1) for same assessment year but after that AO has droped the proceedings.
now the assessee can file appeal?????


axay b kelawala

dear sir,
plz share document (format) for closing of pvt ltd company

thanks


Sanjay Singh
06 January 2020 at 17:43

Best itr and gst filling software

Dear Sir
Please suggest me a software for income tax and gst returns fillings


Jomon P B
06 January 2020 at 17:32

Cash withdrawal

Mr. A is a managing partner of a firm. He withdrew Rs 10 Lakhs as cash from the firm. In the books of accounts of the firm the transaction of partner has been accounted in the Ledger "drawings". Partner purchased a Land with that money. Kindly advice with regard to the tax liability on cash withdrawal and land purchase.







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