Hello
Client has already purchased a Residential property in March 23 in Pune
In April 23, her son make a gift deed of another property at Mumbai and transferred ownership of the same from his name to his mother's name i.e. client.
Now the client is willing to sale the property which is acquired as Gift from son ( Mumbai ) in coming months
My query is, If client sales such property, will she be able to claim exemption u/s 54 of property already purchased at Pune in March ?
Because the property which she is selling was not on her name in March 23. which is point of concern for me
Kindly give your expert opinion on such scenario

Mother & daughter hold a flat in their joint names, first name is mother and the second name is daughter. Mother paid for the flat in full and no part of the flat price was paid by daughter. In such a case who is liable to I Tax in case of sale to another joint holders, husband and wife.
Who is liable to make the TDS payment and to whose credit the TDS should be paid.

kindly tell me the stamp paper value for partnership firm where partner 1 capital is rs 30,00,000/- and partner 2 capital rs 20,00,000/- and gold approx value 45,00,000/- in maharashtra

Hi,
A private limited company has two directors in their Board and one of them is Bank's authorized signatory. Both the directors wants to resign the company but before their resignation, two new directors shall be appointed in the board to fulfill the requirement of Act as well as quorum.

Now the outgoing partner can not withdraw the power of being signatory in the Bank by himself..right ??

Board has to pass resolution for change the signatory and enclose their resignation letter and form along with it...right ??

Is there any section of the act which tells the same !!!

hii,

dd collection is in erp 9 under which title.How should it be accounted for?

Hello,

Can you tell me what is depreciation rate should be accounted for Motor Vehicle in United Kingdom ?

Sir,
A registered composite scheme dealer annual return Gstr-4 filed f.y.22-23
Sales of goods turnover rs:70 lacs report in gstr-4 annual return year:20-21
Sales of goods turnover rs:85 lacs report in gstr-4 annual return year:21-22
Sales of goods turnover rs:80 lacs report in gstr-4 annual return year:22-23.
Question:
Dealer sales turnover decreased year:22-23
Dealer sales turnover increased every year compulsory any provision applicable in gst act

Hi,

Can any shareholder of private limited sale his shares to outsider ??
If yes, then in how many days consideration should be received ??
If not received within prescribed time then what will be the consequences ??

What are the provisions of companies act, 2013 related thereto ?

The transporter sent material to the wrong customer. Now, how to move the material from the wrong customer to the correct customer.

Where the directors of a company work from home where company staff, visitors and clients visit frequently can the company book the following expenses in the company books.
1. Grocessory, vegetables, fruits, toileteries etc.
2. Electricity charges,
3. Telephone Expenses
4. Salary of domestic Staff hired at the residence
5. Repair & Maintenance expenses of company owned a/c and other electric equipements installed at the said residence.

Can the above expenses be booked in company books or they are a perquisites to be added to directors salary income.

P.C. Joshi