Income from Sites held as stock in trade in real estate development to be taxed under which head
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Demand Received for Assessment Year 2011.
I want to pay but for which Financial Year I am confused.
How to record previous year unrecorded loan to liability to balance sheet & its repayment by a firm
SIR / MAM
For LLP registration, Only the Savings Bank Account of Partners is eligible?
Kindly reply plz
Thanks in adv
1) Assessee is an resident individual
2) He has 2 businesses and 1 profession, income from which is offered as Income from Business / Profession
3) He owns 4 residential houses
4) 3 houses are let out; either for full or part of the year
5) 4th hosue is self-occupied
6) All 4 houses are shown as Fixed Assets in Balance Sheet
7) Rent from let out houses is offered as Income from House Property
Query:
a) Can assesse claim depreciation in P&L account of Business / Profession?
Sir,
What was the maximum number of LLP in which an individual can become a partner or designated partner?
1) Export is under Letter of Undertaking without payment of IGST
2) Export invoice includes:
a) taxable value of goods(separately)
b) CIF amount (charged and shown separately in export invoice)
Query:
I read somewhere that in case of CIF export, amount of CIF charges forms part of value of goods and export of goods becomes composite supply.
As per my understanding, (1) as export is under LUT (without payment of IGST) and (2) CIF charges (though charged and shown separately in export invoice) form part of taxable value (as it becomes composite supply), GST is not payable on CIF charges.
Kindly advise whether my understanding is correct. If it is not, kindly guide.
Dear Sir,
I would be grateful if you could intimate whether I can update my PAN in my trading account as per exchange rules.
I look forward to your revert at the earliest.
With regards,
Usha
e-mail ; devinderkumar11@gmail.com
HI,
We have done Material to Nepal and some services (Testing Services in India) but billed to Nepal Company, As per Nepal Laws , 15% TDS was deducted on the Service billing and TDS certificate was provided to us, Please clarify how do we use this certificate in our tax adjustments, and when it will shown in our books.
thanks
My client is death, now I am filing their Tax Audit report through legal hair login. I am done all submission of legal hair as a representative person of deceased person and same documents are summited and also accepted by officer. Now I have problem, when I filing Audit report login through legal hair, at the time of submission the message shows that ( The deceased assessee's PAN in IT website does not match with the deceased Assessee's PAn mentined in Homepage of current Tax file). The PAN is same mentioned in Home page.
Anybody can file these type of return, please help me.
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Income from Sites sold held as stock in trade in real estate development