A is the owner of a land. A has entered into a Joint Venture (JV) agreement with B around 30 years ago and collected contribution for the share given. The JV agreement provides that incase of disagreement between the parties both A & B will develop their respective area at their own cost. The agreement doesn’t specify that A will *convey* the portion of the land to B so that he can develop his share independently at his own cost. B is insisting that the land be divided as per his share and *conveyed* to him. A asks in such a case will section *50C/ 50D* of the Income Tax Act be applicable to A.
What is the difference between member and shareholder of a company?
Dear Sir/Mam,
Can we claim E-cash ledger balance while filing 3B?
or we have to apply only from "refund " tab on portal.
And
Do we need to upload any document for the same?
refund is below Rs2L
Thank you
Regards
Roopali
Dear sir,
Can we avail ITC on capital goods immediately after purchase or we have to avail it in 60 months. Kindly Advice
Interstate purchase and intrastate purchase are included under defination of aggregate turnover or not??
Said fixed travelling allowance is paid to process servers in court to perform his duty
Travelling allowance is paid to employees to perform duty
Suppose there is a situation where a hotel owner did not pay the gst collected from last one year,now the corporate clients cannot claim ITC as gst is not paid by the hotel owner n his gst is blocked,now he refuses to pay as he has a plan to shut down his hotel in next two months,what will be the liability of the gst practitioner in this case as owner is not paying gst despite of repeated advice by practitioner
Can any tell me capital gain on redemption of mutual fund calculated on Average cost basis or FIFO basis
Sir/madam,
if any composition scheme retailer surrenders gst no. and receives order of cancellation within due time then, will liable to submit Final return within 3 months?
CAclubindia
Section 50C and 50D