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Easy Office


Ashim kr Ray
14 March 2019 at 18:04

How to rectify mistake

Sir,

I have taken composite scheme in gst in last october, and start supplying B2B product by charging gst 28%.
Now at the time of returns i realized that i have made a blunder mistake.

Please suggest what solution is there for me.


vairavan
14 March 2019 at 16:20

Regarding tan registration

dear sir,

i need AO Code of Alwarpet Chennai tamilnadu for Tan Registration


S SHAH

we are selling a house at Rs.1 cr.bought in 1975 . The same was inherited & don't know aquisition cost. So we consider it as zero. We are buying new house at Rs.75 lacs. pls. provide LTCG calculation & which amount to be invested to save tax?


HIMANSHU MALVIYA
14 March 2019 at 15:53

Gpf and arrears

sir,
In mp govt employees half of the 7 th pay arrears goes into gpf account and half of amount is deposited in the accounts regard this I have some questions like-
1. Is amount goes into gpf account is taxable or not.
2.If exempted than which section is implied.
thanks


Abhishek
14 March 2019 at 14:48

Capital gain/loan from the relative.

Hi,

Greetings!

I have queries related to Capital gain/Loan from the relative.

Background:

The property is newly constructed apartment and built on the land which is in the name of my father-in-law. He would like to gift one flat to my wife.

I have few queries related to this -
1. What would be the tax on selling the apartment? Process, norms & tax slab, etc.
2. Fund received will be considered as capital gain or can be shown as fund received from the relative (Non taxable)?
3. If taxable, what would be the current tax bracket and implications?
4. Can we use this fund to close open loan like Car & Home loan, show as fund being utilized in closing the current loan liabilities.
5. I would like to understand the various tax saving options.

Looking forward to your valuable inputs, suggestions and insights.

Best regards,


Saran
14 March 2019 at 14:16

80 c deduction

Sir,
My client is asking me to tell him the amount of insurance premium he has to pay to get 80C deduction. Doesnt it depend on the policy?
Also is deduction available on payment basis ie,if paid in april 2019 is the deduction available for nxt year only incase of ppf and insurance premium?


Gopalakrishnan V
14 March 2019 at 13:26

Gst on sale of old vehicle

Company sold a vehicle used by it. Depreciation has been claimed on hat vehicle. Kindly clarify the applicability of GST on sale of used vehicle by a Company.


S.Nirmal Singh
14 March 2019 at 13:20

Tax payment

Ours is a Proprietorship firm transporting sand to a Limited company. No consignment note is issued. Receiving amount on kilometer bases. Whether such service is liable for Service Tax ? If yes, who is liable to pay Tax i.e. company or contractee and the rate of tax?


Ashim kr Ray

Sir,

I want to know that in GST annual return ,whether sales of petrol & diesel have to been shown or not.

Plz advice.


Sachin Goyal

After cancellation of GST no of a composition dealer,what return we need to file for final assessment and what is the position of closing stock.whether we have to pay 1% of the stock???