Daya
20 November 2023 at 19:22

Amortization on intangible assets

whether Amortization of an Intangible Assets is depends upon Finite useful life or Indefinite useful life. which AS says.


Kollipara Sundaraiah

sir,
It assessee single premium sum assured value rs:6 lacs pay to single premium rs:433212/-for 2013 year
2016 year :90000/- amount received 2019 year :90000/ amount received- 2022 year :490000/- amount received.
Question:
assessee amount lic of india taxble applicable amount in it act.


Mahesh Jadhav
20 November 2023 at 16:21

Insurance Entry - Mismatch

How to pass Insurance Mediclaim entry in books ?

Because we are debiting an amount to P & L, which is not matching with actual insurance taken from Insurance Company


Srinivasa Joshi
20 November 2023 at 16:16

DRC - 07 payment and set off

Dear Sir
we have received DRC-07 against audit, how to pay and set off the liability,
please do the needful.
Thanking you
Yours faithfully
Srinivasa Joshi


SHAHNH
20 November 2023 at 14:52

New Tax System

Hello! Experts,

If my deposit interest income and short-term capital gains in FY24 add up to about ₹6 lakh, do I still need to pay STCG tax and file returns for A.Y. : 2024-25?

Thanks in advance


Avik Banerjee
20 November 2023 at 14:44

Practical calculation of VDA

sir,

Expert can any body tell me about calculation of Vda Tax Manually


MONIKA SALHOTRA

While paying GST old outstanding liability which was highlighted during the course of Income tax return filing, the cause of payment selected should be Voluntary payment or Reconciliation Statement?


Biswajit Das
20 November 2023 at 13:31

Inquiry related AIS data

I recently received interest from my savings account for the last quarter on April 1st, 2023. However, it is reflected in the AIS report for the FY 2022-23.
Could you please guide me on which amount I should mention in my ITR file?
Additionally, what should be my next step to address this situation?"


Kunjan

my question->for asst.2122, in itr7, in 1st page, Part A, general info, do we have to write new 12AB registration details? my view, no only 12A is required for asst.2122.

my facts -->for asst. 2122 , 12A old registration is required, but 143(1) disallowed my section 11 exemptin stating 12AB is required, not 12A so i am in cit(a) now

my view--> 12AB is only for asst.22-23 onwards, not for old asst.2122 because, 12AA(5) was amended w.e.f. 1.4.2021 onwards in finance act 2020 (hence 12AA(5) omitted w.e.f. 30.6.2020 date and postpone new 12AB to 1.4.21 (i.e. asst.2223 onwards) i have chandigarh tribunal also in my favour, but anxious , awaiting cit appeal disposal... ,


anyone has filed asst.2122 itr7 for no bussines income pure religious trust?


irshad ahmed wani
20 November 2023 at 13:00

Hotel room rent gst percentage applicable

Sir a hotel received through ecommerce group with itc 18% how much applicable in gst sales for hotel becuase the hotel received below 7500 map kindly help for this matter