MAKARAND DAMLE
14 October 2022 at 16:57

Commercial Property Capital Gain

Individual having commercial property in his personal name was transferred as asset in his partnership firm by way of J V
Partnership Firm is claiming depreciation deduction and also showing rent from the property as income
Now the commercial property is to be sold
Since property is in individual name sale proceeds will come in his personal account

My question is who will bear capital gains tac, individual or firm
and if taxed in individual hands how to write off asset in firm books


DEVI SINGH PARIHAR
14 October 2022 at 16:04

TDS on Gatway Charges paid to Paytm

Sir A dealer recd. sale amount through Paytm after deduction of gateway charges by paytm. Whether TDS is require to deduct on gateway charges paid to Paytm and if TDS is require to deduct then under which section we have to deduct u/s 194H or u/s 194J bcs. bill raise by paytm under GST HSN/SAC SAC CODE - 997159 : OTHER SERVICES AUXILIARY TO FINANCIAL SERVICES.


AMANDEEP
14 October 2022 at 12:38

Revised ITR u/s 119(2)(B)

The assesee got his application approved to file revised ITR of his deceased wife to claim refund for Ay 17-18 and order is listed online.
Oiginal ITR was filed as hard copy with the local office.
While uploading the revised ITR u/s 119(2)(b) error message is coming that Receipt no of original ITR is not correct as it was deposited at ASK.
How do we upload it ?



anil nagori
14 October 2022 at 12:18

PROCESS OF MERGER

THANKS FOR YOUR GUIDENCE.

WHETHER FORM E IS TO BE FILED BY ME IN COMPLIANCE TO MERGER PROCEES. IF YES, WHO WILL SIGN THIS FORM E. ONLY PROPRIETOR WHO IS GOING TO MERGE HIS FIRM OR ALL OTHER PARTNER OF MERGED FIRM.

WHETEHR ANY OTHER WAY AVAILBALE ON PORATL FOR DIRECTLY MERGING PROCESS WITHOUT FILING FORM E.


Venkateshwarlu Pulluri

Good morning sir/s, in one case the IGST liability not entered in GSTR3B by over sight the same is entered in taxable value column later, than the GST Superintendent noticed and advised the assesee to pay the same, due to lack of knowledge the assesee paid the same by way of reducing the ITC in the year 2018 to the extent of liability payable for the year 2017, at that time the GST superintendent also accepted verbally and closed the matter, as discussed with he was also sent a report to his higher ups in this issue by closing,

now, for the same issue present superintendent issued a show cause notice without considering all these facts, however the assesee reduced, while claiming ITC to the extent of payable,

kindly guide me in this regard how to handle the issue


Hadrony Proton
13 October 2022 at 23:09

Need advice about filing ITR .

Dear Sir/Ma'am,
I have started working from March, 2021 (my first job). My total income for the year (2021-2022) was 4,00,000 as per form 26AS on income tax portal. I talked to employer about filing ITR. He said you don't have to do it now. Now, I am worried that I made a blunder. I want to rectify this. Please advise me on this.


Kapil Agarwal
13 October 2022 at 19:05

TDS AS PER SECTION 194A

Abc company took business loan from a finance company total loan amount is 15 lakh in which emi is around 80k per month then, TDS will be deducted in it or not.


Satya
20 October 2022 at 16:26

Provident fund EPS

I started my career in Company A and moved to company B after 2+ yrs service, In Comp A PF was maintained by their org so I did not have access to PF passbook.
After moving to company B PF transfer was done. Now I moved to company C and I found out that in B I was not registered to EPS and only registered to EPF. Now in new company they are not adding me to EPS saying will add only if balance in previous eps balance. Now what do I do?

If I am not registered in EPS then will company add all 12% to EPF(8.33%-EPF +3.67%- EPS)?


Satya
13 October 2022 at 18:21

Income tax related to shares profit

Am I allowed to send money to a friend who will with his Demat account buy stocks and return me the profits via online transfer(netbanking/UPI).
Is this legal and how much tax will I have to pay and under what am i supposed to show this in Income tax filing.


Y.Hanocvardhan

I am Employee in Central Warehousing Corporation , I am going to up date my income tax declaration along with proof of submission in HRMS, I am eligible to get rebate NPS and 80DD and 80DDB and housing loan interest. Last year also injustice done to me by not taking in proof . Kindly let me know the date of opening the proof submission column to upload my saving particulars for the year 2022-23 as I am going to retire next month.
Y Hanocvardhan
10289K CPF
CWC RO Hyderabad





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