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Mr. X have a property in Lal Dora area, Delhi and wants to transfer this property (Building) to his wife. can he transfer the same property on General Power of Attorney, because if he transfers this thru registered paper so costing would be very high. Approx. 2-3 Lac would be charged by the authority.
So, my query is that General Power of Attorney will be the sufficient documents to transfer the property. Pls advice.

I have sold my land and repaid the housing loan . Am i eligible to get sec 54 exemption?

Hi,

i was trying to put Shares market figures (which is bought n sold in the same FY)

wanted to know what kind of shares comes under 15% and what comes under 30%)

Dear Sir,
Can we claim ITC on Purchase of misc. goods for Free distribution to our distributors?

Dear Sirs,
If we rise Residential unit invoice with rcm we have to pay the tax or we have to rise simple invoice with all details with narration with reverse charge applicable.
Thanks in advance,
K.B.Nagesha Rao.

Dear All,
The state jurisdiction was wrongly selected while taking GST registration. The error appeared after the GST approval. Can I rectify this mistake and change the state jurisdiction now?
please guide me in this matter,
Thnaks

1 ASSESSES HAS F & O LOSS RS. 2.40 LAKH HIS TURNOVER RS.12940560/-

ASSESSES HAVE TO DO AUDIT MANDATORY OR NOT ?

SIR,
It assessee cash gift from father rs:1 lacs each month * 12 months total rs:12 lacs through on cash mode received.
Question:
Assessee above transactions in it act.

A property in possession of 1997 of Rs. 49 L sold on Mar 22 at Rs. 51.50 L arising a LTCL of Rs. 5.60L ( as per indexation available). Assessee further bought another property in Mar 22 (same month after the date of sale) at Rs.66 L. How to show the property purchased in income tax return (as it is appearing in TIS of income tax authority) as there is no capital gain which is reinvested. Please advice. Thanks in advance