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ARUN GUPTA
16 September 2021 at 21:29

Can insurance premium

Can we claim gst charged on car insurance premium ? We are suppliers of Iron and steel goods and fabrics. Car is in our proprietorhip firms name.


Kiran S. Bhoite
16 September 2021 at 18:42

Form 10 IE

Hello, Sir/ Madam
I have a doubt about filing of Form 10 IE for Salaried persons is Mandatory?
If its mandatory, then Salary person is not having any business income or profession income. So, Why not form 10 IE shown in Person don't having business / profession income.
Because I file my client return, Salary person and I file form 10 IE. this form show only in Person having business/ profession income and some mandatory field is selection of Sector or sub sector. If I m salary person so why I choose for sector or sub sector.
Please help


Sudipta Das

Please guide me regarding Tax implications of Service Fee received by a IT service provider to a foreign client as service fess received in Tether (USDt) via wazirX.


PANDIAN BRIGHT
16 September 2021 at 17:35

TURNOVER VS BANK TRANSACTION

ONE OF MY CLIENTS SHOW GST TURNOVER AS Rs.63,79,861. BUT HIS BANK STATEMENTS SHOWS THE TRANSACTION VALUE OF 1,12,43,519. WHETHER I DISCLOSE THE GST TURNOVER AS SALES OR BANK TRANSACTION VALUE?
IF I DISCLOSE THE GST TURNOVER AS SALES, IS THERE ANY QUERY REGARDING THE BANK TRANSACTION VALUE?
PLEASE GUIDE..



K.G.Shah

Sir ,
Mr A has booked flat in name of his mother under ongoing scheme . Flat registraion and stamp duty paid in 2018. Now A wish to avail housing loan . Housing company says if MR A name is added as second owner , they will not face any legal issue
. Sir what will be the cost of addition . Whether Mr A has to pay again the cost of stampduty and registration fee ? Is their concession in adding name of family members . Cost of project is 65 L and still date 30 L is paid ( including reg. Fee , stampduty , GST ) . Please guide which is chepeast and easy way of addition of name.


Shankar T S
16 September 2021 at 17:04

CSR CLARIFICATION

Our unit had a loss in 19-20 but profit in 17-18 and 18-19. So for CSR if we calculate based on average profit of 3 years there is profit and 2% of that amt was arrived at for CSR spend in 20-21.
Is the calculation and understanding correct . Kindly advise if in the immediately preceding financial year if there is a loss then should we decide not to do any CSR


MAKARAND DAMLE
16 September 2021 at 16:42

STCG on debt oriented fund

Assessee has Short Term Capital Gain without indexation from Debt Oriented Fund
He also has Long Term Capital Loss on sale of shares
After filling details in ITR 2 it is setting off Short Term Capital Gain without indexation from Debt Oriented Fund against Long Term Capital Loss on sale of shares and balance loss is c/f to next year
My question is whether above loss adjustement is correct


AshutoshShrivastav

My querry is mentioned below:

There has been change in the name of a private limited company on 11/05/2021 i.e. in FY 2021-2022.
Audit has not been done yet for FY 2020-2021. It is supposed to be completed in September 2021.
Question is that whether to prepare audit report & financials for FY 2020-2021 in new name or old name of company?


jayam
16 September 2021 at 13:37

Housing loan interest On joint property

Dear Sir

Whether interest on self occupied property can be claimed by both husband and wife in joint loan cases, can any one please share caselaws if any

Jayam


RAKESH KUMAR

An Unlisted Public Company has Nine Members as on date: Four Resident Indians, Three Indian Corporate Bodies and Two Foreign Corporate Bodies.

The Board is proposing to Issue Bonus Shares only to Resident Indians and Indian Corporate Bodies.

Can the Foreign Corporate Bodies waive the entitlement of Bonus Shares ?
What is the detailed procedure in this regard.






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