Respected Sir,

I want to know that a person sale a residential house and then purchase agricultural land. Are capital gain exempt and taxable

why capital reserves are not used to issue bonus shares

Dear Experts,

Good Day to You.

As per Section 2(41) of the Companies Act, 2013 is concern financial year in relation to any company or body corporate, means the period ending on the31st day of March every year, and where it has been incorporated on or after the 1st day of January of a year, the period ending on the 31st day of March of the following year, in respect whereof financial statement of the company or body corporate is made up.

So the provision implies that any company incorporated on or after 01st January on any year should close the Books of Accounts only on the succeeding year.

I would like to get clarified How the matter would be dealt with Income Tax Filing.

Can all the 15 months be shown in a specific year or should in shown in two different years?

Thanks in Advance.

Regards,
M. Rawther Riswan

hello sir the year of birth in the aadhaar card and pan card doesnt match.How can i update the details ???

Respected Sir,

I want to know that a person sale a residential house and then purchase agricultural land. Are capital gain exempt and taxable

Dear Sir,

Please explain the GST Tax Payment Rules for following situations

Computer Sales & Service - Pvt Ltd Company
==================================
1) Computer Sales - Pvt Ltd Company - Need to Pay Sales Tax
2) Computer Service - Pvt Ltd Company - Need to Pay Service Tax

Partnership Firm
============
1) Lorry Freight Payment - Need to pay Service Tax (GTA)

Thanking You
Regards,
M.Shanmugasundaram

Dear Experts,
pls clarify in the ITR 5 of AY 2017-18 is it mandatory to quote the Aadhar Number of all partnerts?

Rerards
Abhishek

Dear Sir,

We are partnership firm and pay freight charges for fabric (Cloth) transport charges for Lorry Service Providers.
And we are not registered in Service Tax Department.

1 ) Service Tax Applicable for GTA Payment ?
2) We want to take Service Tax RC ?
3) If we need to pay the Service Tax, what percentage of service tax ?
4) Any exemption for Cloth Material Local & Export Transportation ?

Thank You
Regards,
M.Shanmugasundaram

So I pay landlord from my own pocket and receive the rent receipt. Then I give this receipt in office and they reimburse the rent amount. My query is that how will it be treated when it comes to income tax. Whether rent amount will be added to my gross income and then accordingly I'll be taxed or some other method is there?

I am a proprietor and have shown a combined b/s for my business and personal assets. My assets comprise of my house and car. I have claimed depreciation on car and not on my house for business. But the same is shown as combined in fixed assets in the b/s. Kindly tell me the implications of this. And how should I rectify this now to show only business assets in the balance sheet.What happens if u sell my house now. What will be the implication