in case of opportunity gain ie our decision regarding selection of alternatives was right we actually don't gain extra by that opportunity gain. is it the same for opportunity loss. is opportunity loss or gain acting as just an indicator that reflects our business decision
Respected Sir/Madam
Is Provisional Balance sheet attested by another CA other than Statutory Auditor? Is it Possible?
W e f July 2022, is GST applicable to hostels accomodation provided by partnership firm to student?
Is there any way to e -verify the ITR filed for AY 2022-23 now ?
Dear Experts,
I am a super senior citizen, kerala state pensioner having pension approx. 3.50 lacs per year.
I have a property in palakkad/kerala(seven cents including a house in it) including a house I bought in 2010 for Rs.nine lacs and at present I have buyers for a minimum amt of seventy lacs for the same property.
My son recently bought a flat for seventy lacs. He utilised the amount by selling his equity shares holding with him worth of the same amount of seventy lacs.
Now whether I could avail any tax exemptions if I wish to give my property to my son. The problem is he has a STCG of seventy lacs in equity selling in 2022-23 FY, and if I sold this property, I will also have a tax on 70 - 09 = 61 lacs profit in property selling.
Considering these, whether he or me could transfer the property to avoid huge tax burden to both of us? Whether he or I could gift it as a solution on this? Please advise on this.
Dear All,
I have received cancellation order from GST Department on Dec 2021 but I have not file GSTR 10. Should i need to file GSTR 10 now or wait for notice from Department? . What is maximum fees or penalty for non filling of GSTR 10? Please advice. Thank you.
Hello,
Can you please help me in the below mentioned case,
Appeal against GST Demand Order was filed and the said appeal was rejected stating reason as non receipt of certified copies
We have filed a writ petition and received judgement in our favor
The Court order asked us to file an appeal enclosing all required certified copies
Now we have submitted all physical copies at the appellate office
Now my doubt is since we don’t have the option to file an Appeal online again, will they directly accept, or do we need to contact GST Helpdesk and ask them to enable the Appeal Filing option in our login
Can you please throw some light on what’s happening in these cases practically?
Thanking you in advance
I HAVE TO PAY ONLY INTEREST AMOUNT AGAINST RFD 06 (GST REFUND SANCTIONING ORDER ) CAN YOU PLEASE ADVICE HOW TO PAY IT.
Hi experts. As per the Circular 35/2016-Cus dated 29th July 2016, the EOU is required to be submit details of quantity imported, consumed, re-exported and in stock in FORM A.
Can anyone clarify whether it is mandatory to furnish monthly Form A for Nil return also ??
Sir/Mam,
Rent received from party taken GST Registration and Invoice Issuing to party the same showing in GSTR1 and filing the return.
Now Department asking to pay Profession on Rent Received turnover
Please guide me above professional Tax applicable or not
Thanking you,
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Doubt regarding Loss in business