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ronak
10 November 2022 at 19:16

Stamp duty on swap of shares

1st company is buying shares of 2nd company and in consideration 1st company is giving shares of its own company to 2nd company.
In this scenario do companies have to pay stamp duty on both share exchange?


Derin Bulo
10 November 2022 at 18:42

What really to consider loss

is loss the reduction in whatever we have or does it include the gains that we give up while choosing among different alternatives in business for eg investing in shares instead of investing in fd that could have earned more


raghavendra b
10 November 2022 at 16:51

LIABLE FOR TAX AUDIT OR NOT

DEAR SIR,

ONE OF MY CLIENT'S TURNOVER FOR TYE PREVIOUS YEAR 2021-22 WAS 1,55,38,139/- AND WAS FILED DECLARING 8% OF PROFIT UNDER PRESUMPTIVE INCOME SCHEME, FOR THE PURPOSE OF AVAILING LOAN TO DECLARING HIGHER RATE OF TAX. BUT MISTAKENLY HE WAS ALSO ONE OF THE PARTNER IN HIS FATHER IN LAW PARNERSHIP FIRM. NOW OUR PROBLEM IS MY CLIENT ALREADY FILED INCOME TAX RETURN BEFORE THE FIRM GET'S ITS ACCOUNT AUDITED. NOW THE FIRM FILED THEIR INCOME TAX RETURN AND DISTRIBUTE SALARY AND INTEREST ON CAPITAL. AND ALSO HE HAS PAID INCOME TAX ON SALARY AND INTEREST PORTION.
MY QUERIES
1. MY CLIENT TURNOVER EXCEEDS 1 CRORE
2. HOW CAN HE FILE REVISE RETURN
3. WE CAN NOT FILE ITR 4 SUGAM BECAUSE HE IS PARTNER IN THE FIRM
4. WHETHER HE HAS TO LIABLE AUDIT U/S 44AB BECAUSE TURNOVER AND PARTNER OF THE FIRM

PLEASE CLARIFY AND GUIDE ME

REGARDS


CA Prashanth Viswanadh Maddali

Dear Professionals,

When we try to validate the FORM IIIB-V of MAHARASHTRA PROFESSION TAX RETURN we are getting a Macro Runtime Error PATH NOT FOUND Tried all alternatives thru internet options, trusted sites etc still not working Please advise


Daya
10 November 2022 at 16:30

Dividend received from Brightcom Group

whether TDS will be applicable on Dividend received from Brightcom Group.


Daya

Whether Interest received from Muthoot Finance Ltd. ( Non Convertible Debenture) is Without deducting TDS or after deducting TDS Pay to its customer.


Chicku
10 November 2022 at 13:15

GST claiming

If in tally sales is booked on 18% and we are also filing 18% return but investors is giving 12% GST, then how to claim 6% gst


Sandeep Gawde
10 November 2022 at 12:30

Missed to fill HSN summary in GSTR-1

Due to.oversight, I forgot to fill HSN Summary in Table 12 of GSTR-1 of Oct.22. Turnover is above 5 Cr. What can be done now?


RAJESH SINGH

Respected Sir

I am a trading in Real Estate ( Only Trading in Plot/Land) last financial year.
Sir I want to Know that how to Tax treatment in Business & Profession /capital Gain.
and what is Procedure of Conversion of stock in Capital Gain Schedule


pk

a doctore is govt, hospital doctor (salariesd person) and also earn income from home clinic
can such doctor show his clinic income under huf ( HINDU UNDIVIDED FAMILY ) return or not
please give suggestion







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