Hi ,

I am planning to purchase residential flat on resale basis

please guide me on below

1 - Can i claim Stamp Duty & Registration Charges as deduction from income under income tax act in FY in which it is paid.


2- In future when i sell this residential property , can i claim stamp duty & registration charges as part of cost of acquisition , while calculating capital gains in that FY

My company credited my TDS into the wrong PAN 11 yrs ago and now in the 26 AS form in TRACES the amt is not being reflected.The Govt has levied me more the 200 % as penalty.What is my recourse.

Hi,
Please note that our partnership firm converted to private limited co from September 2018. We got gst registration also. Please let me know whether current stock of partnership can be transfered to private limited co.
Whether any entry to be passed in the books regarding stock of accounts of partnership

Thanks

Actully i am bit confused about perfoming materility while applying materility concept in audit and how does it diffrent from benchmarking concept and let me also know ' with an example ' the way to interconnect with each other's to get a clearity about it. please explain it to me in a best possible way too

Dear all,
factory in Tamilnadu sold goods to Lucknow , now lucknow has returned goods to our own head office in Delhi. In this scenario what is the total accounting procedure to close this issue.

Pls advice, If I have make the DC for JOB work also I have generated E Way bill, so after compilation of Job work Eway bill required ??

A client works to sell green grass. He buys the green grass from his own farm and from other farmers. He sells green grass in cash to locals and Gaushala
My question is that this work will be taxable in the business income in the income tax or agriculture income.
Annual turnover of Rs 25 lakhs

Hi sir,

Kindly solve this tax issue sir, there are 3 persons from a family formed LLP some years back, with equal share capital, later on purchased a capital asset (land) for Rs.20 lakhs. That land present market value is Rs.5 crores. Out of three partners one partner wants to retire from LLP firm at his actual share capital contribution. Because they are from one family, remaining partners wants to settle his share at actual contribution only. The problem is what are the tax complications applicable for the above situation, and as it is LLP registered under ROC, is there any valuation rules applicable for valuation of retiring partners share, like in Pvt. Ltd? And in whose hands capital gains tax will be levied? Need expert suggestion please....
Thanks in advance..

Kindly any tell me whether TDS Applicable on Registration fee of Training & Development

If yes kindly share the any case study or rules regarding that.

while calculating quantum of deduction u/s 80GG do we consider standard deduction in case of salaried employees for the calculation of total income that is used for calculation of 80GG deduction? please mention the section also.