Whether Interest Excemption can be claimed if Property owner is mother/wife and repay of loan doing by assesse ?
SUPPOSE, PURCHASE OF RAW MATERIAL IS AT HIGH RATE IE. 18% AND SALE OF FINISHED GOODS IS AT LOW RATE IE: 5%. CAN ITC BE CLAIMED IN SUCH CASE.??
Hi
Please guide in brief accounting treatment of Capitalization of interest.
Thanks
Hello, I am NRI and have just sold my flat. Can i subtract Rs 2.5 lacs from the capital gain before paying tax. I am above 60 years old. Therefore i am eligible for Rs 2.5 lacs tax free income. Please advise on this
I would like to know more about Short term capital gain tax on shares. Can we claim refunds on such deductions if our taxable income is within the limits.
Assessee has earned income from other source and capital gain in USA and paid tax at 10% on each (i.e on dividend income and CG)
Now question arise here as follow:
during the AY assessee is a resident in India and has a taxable income in India also and all the income including USA income briefed with example as follow:
1.Capital gain of USA after converting to INR and giving indexation benefit it is coming loss ( XX)
2.Income from other source including Indian income XX
Questions to be answered as follow
whether assessee is eligible for claiming rebate u/s 91 (DTAA) even though he has taken a indexation benefit while computing capital gain of USA in India?
If taxable services upto 10th of March 2020 Rs. 17 Lacs and Interest on FDR is Rs. 2 Lacs, Interest from outside deposits Rs. 5 Lacs credited on 31.03.2020, What shall be the date of liability for registeration under GST????????????
I need the latest format of XI A, B, C
In case Tax Bar Association v union if India,
It has been held that the period for filing GSTR 9/9C is been extended to 12 February 2020.since this judgment is passed in Rajasthan high court,is it binding to all other states?
Dear Sir/maa'm
Can We GST Input credit of Truck tyres witch is use in my business.( I'm Not a transportar but i have 3 truck for my business use ).
please suggest me.
Thanks In Advance :)
DEDUCTION OF INTEREST ON HOUSING LOAN