NANCY
03 January 2025 at 13:53

Campervan Taxability under income tax

Is sale of campervan taxable under capital gain as it is sale of movable personal asset ?
And also please explain it's other tax liabilities in context of GST and income tax ?


Pramod Thakur
03 January 2025 at 13:52

Attempt CA final exam after 6 year

Hello,

I had give up CA final in 2018. Now I want to complete my CA final. So what rule will be applicable for me if I want appear for 1 group.


pooja
04 January 2025 at 10:23

Error while filing LUT

Dear Sir

I am getting below error while filing LUT.

LU-LUAS--9018

Plz help to resolve the issue. As per customer care resolution we have to update our jurisdiction but dont know how to do that.

Thanks


Harika
03 January 2025 at 13:32

COMPOSITION SCHEME - GST RATE

I AM A TRADER AND OPTED COMPOSITION SCHEME UNDER GST AND PAY TAX @1% ON SALES. I RECEIVED COMMERCIAL RENT ON WHICH I HAVE TO PAY GST. NOW MY QUESTION IS WHAT IS THE RATE FOR RENT RECEIVED ?? IS 6% OR 1%


Divyesh Ajmera

WE FILED AN APPEAL AS ON 12/02/2020 AGAINST ASSESSMENT ORDER ISSUED BY AO. WE FILED AN APPEAL AS ON 10/11/2023 TO ITAT AGAINST ORDER U/S 250 OF CIT(A). NOW ITAT REMAND BACK ORDER TO CIT(A). SO THERE IS REQUIREMENT TO FILE AN APPEAL TO CIT(A) ? OR WHAT TO DO NEXT?...


Suresh S. Tejwani

WE FILED AN APPEAL AS ON 12/02/2020 AGAINST ASSESSMENT ORDER ISSUED BY AO. WE FILED AN APPEAL AS ON 10/11/2023 TO ITAT AGAINST ORDER U/S 250 OF CIT(A). NOW ITAT REMAND BACK ORDER TO CIT(A). SO THERE IS REQUIREMENT TO FILE AN APPEAL TO CIT(A) ? OR WHAT TO DO NEXT?


ARITRA CHAKRABORTY
03 January 2025 at 13:07

Accounting Entry for Shares

Kindly guide me how to make accounting entry for Shares if:-

1. A company Purchases eq.Shares
2.Sells an eq.shares
3.Entry for Gain/(Loss)

and how will I present in company books of Accounts?


Hukam Chand

Dear CA Club Team,
whenever I prepare financial statements at the time of audit, one thing is not clear to me that the figures that I should write in it should be written in thousands, lakhs, millions.

Is there any such company act or government circular according to which it is necessary to write the figures of financial statements in thousands, lakhs, millions. If so, then please share any circular, notification.

Secondly, I want to know whether any new format of financial statement has come which is necessary for corporate and non-corporate assessees. Please share the new financial format and also share the notification.

Third point, is there any website from where all these types of notifications, circulars can be seen? Please share it so that I can also get updated on time.

Thanks


MUHAMMADHUSAIN DHADA
04 January 2025 at 10:24

Finance Planning

Can anyone please suggest.
If we have 24.40 cr creditors, 10.70 cr debtors, 21.64 cr stock, 1.35 cr bank balance and 8.42 cr bank over draft, what should be our finance planning for clearing the debts.
M Husain
+919427737200
muhammadhusaindhada@gmail.com


Suresh S. Tejwani
03 January 2025 at 12:12

Tax consequences

If an individual gives a gift around 1 crore to his uncle (property or money),
then what are the tax consequences in the hands of such individual and his uncle both?






CCI Pro
Meet our CAclubindia PRO Members

Follow us



Answer Query