monu dwivedi
18 April 2019 at 11:21

Home loan tax rebate

My father has a property on his name. My family is living there. I am a salaried person working in a different city on rented accommodation. I am claiming HRA for my rent.

Now I have taken a home loan of 10 lakh rupees for home renovation where my family is living?

I am neither the owner or the co-owner of the property it's on my father's name

But my father is co-borrower in the home loan.

Is there any chance I can claim this home loan for my income tax rebate?


sabyasachi ghosh
18 April 2019 at 10:47

Capital gain on 3rd property

My mom has 3 houses ( 1 inherited, 2 owned ) .now want to sell 1 owned house and purchase a new apartment in near future.

please explain the capital gain impact on the sale of 1 house.
regards


Shraddha
18 April 2019 at 10:36

Fixed assets purchased in foc

Dear Sir, Our company has purchased tools from related group company. Can anyone guide me is it allowable as per AS-10. May I disclose the assets with zero value in Fixed Asset Register.


sai sindura
18 April 2019 at 09:34

Tax paid

while making tax under gst double has been deducted from the bank account so the one excess can be claimed refund how to claim the excess amount


PUVARASAN S A

Hi,
I Have an partnership deed and pan card in the name of BOBBY GROUPS.
I have 2 business vertical
1.BOBBY INFOTECH
2.EROSTAR LIGHTING

Already i got GST Registration for both with same legal name (BOBBY GROUPS) and Different Trade name that one trade name is BOBBY INFOTECH and other trade name is EROSTAR LIGHTING.

Here my question is during purchase of goods in what name i have to buy eg. BOBBY INFOTECH / EROSTAR LIGHTING (trade name) or BOBBY GROUPS (firm name).


Litan dhar

House wife - No other income - last financial year (2018-19) got one prize money from competition Rs.25000/-they deducted Rs.7500/- as TDS can I got this back as i have no other income."


NIRMAL DAVE
17 April 2019 at 23:27

Income tax audit a.y. 2018-19

Dear All,

Due to some unavoidable situation I forget to get my accounts audited and return filed of A.Y. 2018-19 within its due dates. Now I want to do the same.

In this regard let me know what i need to do now. (without any penalty if possible).


a k gupta
17 April 2019 at 22:18

Investment of long term capital gain

can long term capital gain be invested in capital gain bonds before expiry of 2 years of sale? I was thinking to buy property out of gain but now want to invest some where to save 20% tax. 2 year time is going to complete in next few months.to day money is with bank in capital gain a/c.what option of investments are available at this stage ?. kindly suggest early . I shall feel obliged.

Read more at: https://www.caclubindia.com/experts/investment-of-long-term-capital-gain-2731734.asp


Kollipara Sundaraiah
17 April 2019 at 20:28

Tax rate wrong

Sir,
One person selling to consumers ice creams composite scheme registered from 01.01.2019.
Sales turnover jan-march,2019 3 lacs.

Turnover 3lacs 5 percent tax payable 15000.
But tax 1 percent rs.3000 wrong tax paid and gstr4 return filed.
My doubt difference amount next quarter paid.


Anitha Rajesh
17 April 2019 at 19:37

Regarding tds

Sir, Basically We have a Construction firm and doing Small residential & Commercial Projects. We pay contract wages to Masons Monthly. Is TDS should be deducted for the Cooly ?. These Contracts do not have PAN numbers.






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