SIR,
MY TURNOVER FOR FY 2018-19 WILL BE RS 85 LAKH. I WANT TO KNOW WHETHER I WILL HAVE TO GET MY ACCOUNT AUDIT FROM A CA
There is one property which were divided into three portions , one portion is of My wife and his brother, this portion they got after the death of her mother around 5 years back , her mother get this property from her mother in law so many years back .
Now the property was sold last year and sell money were devided in to three owners .
To sell the portion alloted to my wife and his brother, My wife gave power of attorney to his brother to sell and use the money recive, however the money received(1/3 of total property sell amount) to my wife and his brother in equal amount in there respective bank accounts , my wife transfered that amount to his brother's bank account as she dont want any money from this property(she already gave power of attorney to his brother to sell and use the money received) .HIs brother purchased a new house from this money.
Now i want to know is there any capital gain tax need to pay by my wife and if yes how to calculate the tax amount.
Also i and my wife has a joint homeloan can my wife claim pre emi's loan interests in her ITR however all the emi's paid through my bank account.
Ours is an export organisation and our total export is under LUT Bond. Please let me know the procedure for claiming GST Refund against the purchase of packing material.
Hi,
In our company WTD are getting
- fixed remuneration per month plus
- some share of profit at end of the year.
Now we have to provide Form 16 to our WTD for filing their ITR since due date is 31st July
or you can say for deducting TDS
However our profit is not finalised till now and it will took time.
so is there any way to line up this issue ???
there is one more query
Share of profit given to WTD are taxable in current year or on receivable basis?
please suggest
Dear Sir,
I have purchase truck vehicle for Factory transportation work. Input GST credit can be availe. Please advise.
Dear Experts,
I am into the business of bus transport. I am having direct contract with a company and providing the bus services to their staff. For this I am also having some sub contractors with me whom I am paying after getting the payment from the company. Please suggest do I need to deduct TDS on those payments. If yes, then what is the rate of TDS and threshold limit.
Thanx in Advance
Dear Expert,
It is heared that GST Council has done some changes regarding adjustment of IGST input credit. Kindly provide information with relevant Sections & Notifications please
Dear experts,
Can I charge 1.5% rate of interest from my customer to whom I have given a personal loan ?
Is this allowable under income tax act ?
Please guide.
I have Applied for cancellation of GST Registarion on 19.03.2018, I was checking mails till net 3 months i dint check afterwards. when i check my mail they have sent cancellation order on 10.10.2018. no remainder after wards but Recently on 19.2.2018 got a mail and message saying you have failed to file return within 3 months pay penalty. please suggest what should i do for not panalty.
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