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Gargi Hurria

what would be the tds implications on the following :
- if i buy foreign currency from an authorized dealer
- if i buy it directly without having a proper license

also what is the tds implication on purchase of forex currency in general ?


Kishanrao Mujumdar
19 August 2019 at 18:19

Reconstitution of partnership deed

Is it necessary to give notice to assessing officer for changes made in the Partnership Deed due to change in the partner?

Thank you


Prasad Rao
19 August 2019 at 18:10

Applicability of reverse charge.

There is hospital and medical store under the same PAN in the constitution of Private Limited Company and it has applied for GSTIN. The hospital is wishing to pay professional fees to their directors who are doctors by profession.
Then whether the company has pay GST on reverse charge basis on the professional fees?
If paid in reverse charge then whether it can be claimed as ITC ? or it has to proportionately used for taxable supply and exempt supply?


jewlikar m.
19 August 2019 at 17:47

Gift amount is taxable

Dear sir,
Amount received from father to a married douther, is it taxable or not.
Regards,


V. MURALI
19 August 2019 at 17:21

143 order is pending

Dear All, I filed my IT return for AY 2019-20, and received my Refund also. but still order under section 143 is pending, and not yet received any order. could i know the process in IT dept.? Rgds / Murali V


John James Kochuparambil

Mr. X was an employee in an organization for 3 years. He had an account with the EPF. After 3rd year X resigned and joined a new firm. X forgot to transfer his existing EPF account and he opened a new EPF account with the new employer. now X is working under the new employer for 2 year. so overall he is worked for a period of 5 years. (old+new employer). since its been 5 years of service, can x withdraw the accumulated balance in EPF account under his old employment. Is it taxable?


Stephen Arul Raj
19 August 2019 at 15:47

Tds on donation

Hello sir

We (Partnership firm) have some expenses of conducting games for students while conducting we incurred like hall booking charges, lights and sound charges etc. we treating this as a donation in our books because it is apart from our business expenses, my question is do I need to deduct TDS for the this ? kindly help pls..


K.Devan
19 August 2019 at 14:59

Gstn no changed

Sir
We have submitted Feb19 month GSTR1 with wrong GSTN number.
Can we correct it now.


ARITRA CHAKRABORTY
19 August 2019 at 14:35

Claiming itc for the f.y. 2018-19

last date of claiming ITC for 2018-19 is September 2019. Can anyone plz explain me how to claim ITC in case of previous months' bills?


dhaval banavala
19 August 2019 at 14:25

Income tax

I have filed return of my mom last year
In the return i have shown building of rupees 700000
But depericiation not charged
But i have shown it in the block
But in real this building is not for business purpose
And we do not use this for business
In the py 2018-19
Sold date i e on 13-1-19
We sold the property for 1060000
Now how i should treat this

As a capital gain or as a pgbp (block)

If i take as a capital gain
Than no tax
Because of indexation

But if i treat this as a pgbp
There will be tax bcs my block become nil
How i should treat this.
I have no investment till now


Question

1 if i show as a cap gain
Whether chances of notice are there or not
2 whether to treat this as a cap gain or block pgbp
3 which itr i should file if my mother has 50000
Also business income
4. If notice come what was the interest implecation









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