Poonawalla fincorps
Poonawalla fincorps


prakash kumawat
25 March 2019 at 18:32

E way bill

WHICH DOCUMENT I ISSUE FOR E WAY BILL GENERATION ON PURCHASE RETURN


ASHVINI
25 March 2019 at 17:56

Income tax on long term capital gain

Sir, I wish to purchase a house from my father/ mother ( plot is on mother's name). Kindly tell the tax implications. Land was purchased in 1987 and construction of house started in 1990 to 2000


Suresh Yadav

FACT:: An Open Commercial plot is co-owned by two individual person and they want to create LLP in which they will be partner. They will give said plot to newly formed LLP on long term lease for 99 years on nominal rent.

Business of LLP will be renting of warehouse which will be constructed on said plot. The total construction cost will be paid by LLP.

There are two options available to construct warehouse, First option is to do self-construction by assigning local labours with all material to be purchase by LLP. Second option is to give contract to some builder (Regd. under GST) to construct the warehouse. In both the options, it will take at-least 6 months to one year to get warehouse constructed and ready for renting out the same.

QUERY:: Will LLP get GST ITC on consideration (expenses incurred) paid for constructing warehouse? If LLP gets GST ITC then it will utilise this ITC against subsequent GST Liability resulting from rent income earned from this new warehouse.

Dear experts please give your valuable opinion/remark to resolve my above mentioned query. This will also help readers to gain knowledge in field of GST. Many Thanks.


Bijesh.K
25 March 2019 at 16:31

Income tax applicability for gift

Shall the Gift given to Brother's wife come under the purview of Relative for Income Tax purpose or Is it taxable?


Suresh Yadav

FACT:: I run proprietary business registered under GST and engaged in the business (service) of renting of warehouses in Bhiwandi, Maharashtra. I have one owned open commercial plot on which I am planning to construct warehouse and subsequently, renting this warehouse to earn rent. I have two options available with me to construct warehouse, First option is to do self-construction by assigning local labours with all material to be purchase by me. Second option is to give contract to some builder (Regd. under GST) to construct the warehouse. In both the options, it will take at-least 6 months to one year to get warehouse constructed and ready for renting out the same.

QUERY:: Will I get GST ITC on consideration (expenses incurred) paid for constructing warehouse? If I get GST ITC then I will utilise this ITC against my GST Liability resulting from rent income earned from this new warehouse.

Dear experts please give your valuable opinion/remark to resolve my above mentioned query. This will also help readers to gain knowledge in field of GST. Many Thanks.


Harshu
25 March 2019 at 16:11

Query regarding job

R/Sir or Mam
I have to ask that I have done my articleship in small size firm and there I did only income tax return and VAT returns work and now I have to ask that I want to do job in companies not in CA firms. So, I have one query that is my subjects knowledge and my articleship experience is sufficient to work in companies or I should to take work experience in some top twenty or Fifty CA firms for some time before finding jobs in companies.
Kindly request to please provide resolution of my problems as soon as possible.
Thankyou


JYOTI GOEL

Assessee received rs 15,00,000/- as fellowship amount from govt of india through recognised university for research and study in foreign country. What will be the taxability of this amount


Himanshu Arora
25 March 2019 at 15:49

Change of ito ward after filing itr

Sir,
I have e- filled my itr for the first time for FY 2018-19 with my address where I was residing earlier. Now my current address is different and the ITO ward is different.
I just want to know can I change it by revising my return before 31-03-2019?
Also I didn't add my current account details while filing itr.
Can I revise it?
Thanks nd regards
Himanshu Arora
arorahunny707@gmail.com


ARITRA CHAKRABORTY
25 March 2019 at 15:45

Director and manager in a company

If a company has two part time directors and 1 manager, It is possible to carry on business?


TARIQUE RIZVI
25 March 2019 at 15:23

On-line ptrc payment in maharashtra

WE HAVE OUR CURRENT ACCOUNT IN UNION BANK OF INDIA MUMBAI. How to make on-line payment of PTRC MAHARASHTRA. PTRC IS ONE KIND OF DEDUCTION FROM THE SALARY OF THE EMPLOYEE AND PAID THE SAID AMOUNT TO MAHARAHSTRA PTRC DEPARTMENT.