Hi,
In FY 2018-19, I booked short term capital loss (STCL) of 28000/- while I booked long term capital gain of 150000/- in same FY ..
Can I adjust the STCL against LTCG??

respected sir
banks and financial institutions are asking for CA attestation for financial statements of estimations and projections for granting of loan.and CA are doing the same. as per my knowldge one should not certify estimations and projections of financials. is there any guidelines by institute of charted accountants of india .
please discuss the issue .
thanking you

Dear Sir/Madam, We have filed eform 22A and got approval (STP). Now we plan to shift registered office within city limits. After filing eform 22 do we need again to file 22a. Please advise.

A private limited company has two directors - husband and wife. directors children are going to school. Company pays the tuition fees of the children directly to the school and shows it as Education Allowance to one of the Director - Lady Director.

Now since the tuition fees is around Rs 350000/-, can both of the directors claim Rs 1.50 Lacs as rebate u/s 80C or only that director can claim who is receiving it as Education Allowance in her hand?

We are exporting goods without payment of duty , so we need to get the refund of accumulated GST (CGST+SGST+IGST) ,
please guide for some procedure , how we can proceed.

Sir,
I want to calculate capital gain on redeemption of equity oriented mutual fund.Its holding period is 14 months.
Whether it will exempt from tax

Sir,
For calculating taxation on mutual fund ,indexation required to do or not. Sir, For identifying short term /long-term capital gain on mutual fund.Sir we have to consider 36 months or 12 months . Plz advise .

I sold a property in September 2018 which was jointly held between me and my brother. Both of our share was 50% each. Just wanted to understand if all the details (sale price, cost of acquisition with indexation, cost of improvement with indexation, etc) to be filled in ITR 2 should be divided by 2.
For eg:
Sale price of property =24,00,000
Total Cost of acquisition with indexation: 17,00,000
Total capital gain: 7,00,000

In this deal my capital gain is only 3,50,000. However if I enter full value in LTCG section of ITR2, then my capital gain becomes double.

Should I only show my share of the deal as below:
sale price of property =12,00,000
Total Cost of acquisition with indexation: 8,50,000
Total capital gain: 3,50,000

Please advice

Sir, For calculating taxation on mutual fund ,indexation required to do or not. Sir, For identifying short term /long-term capital gain on mutual fund.Sir we have to consider 36 months or 12 months .

Recently I read in the news that the government is trying to catch hold of NRIs. Their rules will be more strict.

I know if you are more than 182 days outside india, then you can be considererd as NRI.

But recently found this rule on cleartax:

You are considered an Indian resident for a financial year:
i. When you are in India for at least 6 months (182 days to be exact) during the financial year
ii. You are in India for 2 months (60 days) for the year in the previous year and have lived for one whole year (365 days) in the last four years


Based on the 2nd rule, i have lived for 1 year in last 4 years, as i have been out only for 2 years.

So whether i will be a resident of India ?