Poonawalla fincorps
Poonawalla fincorps


JIGNESH
10 September 2020 at 18:47

Regarding GST

I want to sale exempted product to GST register dealer , now when the details are mention in GSTR-1, like B2B or B2CS ?


krivam shah
10 September 2020 at 18:47

Renting of vacant land to various farmer

renting of vacant land to various farmer for warehousing farmer goods is liable to service tax ? it is exempted services for the year from f.y.2014-15 to f.y.2017-18 (till GST apply) & what is the item covered under the definition of agricultaral produce. Waiting for your favourable response.


sankar
10 September 2020 at 17:56

ITC

Sir
My client is a builder and constructed residential apartment of 120 flats. On dt:10.10.2018 occupation certificate has taken and after that date 80 flats registrations done and prior to OC 40 flats registrations done. Now the department is telling that the assessee has to restrict their ITC in proportion to the flats registered before OC i.e. 33% of the ITC shall be utilised and the remaining shall be disallowed. Please enlighten on this issue.


Dnyaneshwar Chandrakant Dhakip
10 September 2020 at 17:50

About Share Market

Can anyone please tell me. I want to be Investor like warren bufffet and Mr. Rakesh Zumzumwala. Right now I am student of CA Final . What Shall I do . Shall I Do Charter Financial Analysts. Which Books Shall I read to increase the knowledge of share market. Which newspaper. Which News Channel. Whose Blogs should I read ?. Shall I join any Investment firm of CFA to increase knowledge of share market as now I am doing articalship in CA Firm in Taxation and Audit.

How shall I Start Investing, Shall I do any further courses of share market . Please Guide. Please



Kollipara Sundaraiah
10 September 2020 at 17:40

Income tax paid for admissible expenses

Provision for income tax is admissible expenses in partnership firm.


balasubramanian suresh
10 September 2020 at 16:16

Itr validation

how to resolve "parsing Error line 113 in java utility


SHEKHAR SALUNKE
10 September 2020 at 16:12

Regarding taxability

I am a salaried tax payer, obtained form 16 too.
1, I have claimed the PPF amount upon the death of my wife in the month of march 2020. 2. I was given a demand draft and the same is encashed in my account, amount being 9 lakhs 45 thousand.
3. Immediately I have initiated two fixed deposits of 1 lakh and 8 lakh, in my sons name (Son aged 20 years), at his SBI account. Son is a student and has no income. He earns interest on the FD of the said amount.

Questions;-
1. Will the amount be taxable for me? if yes what is the tax payable, if no under what section should I claim exemption.

2. Will my son eligible for tax toward the said amount of the initiated FD? if yes what shall be the tax amount?

3. Will he have to file the ITR and what number is it ITR1. under which section should tax exemption be claimed for my son for his lifetime first ITR1? I am to prepare and file ITR1 on my own at the efiling site.

Please guide me regarding each query in detail.

Thank you,
Mr. Shekhar Salunke
email; shekharsalunke1@gmail.com


CA Sumit Ramesh Bharadia
10 September 2020 at 15:12

Capital Gains

In case of death of a person, Property is Transferred to Wife & Children's name (Joint names only for safety purpose and no share mentioned).
Now the said property is intended for sale. So Capital Gains to be charged to Wife or all 3 in equal proportion? Should the amount be taken in Only the wife's account or all 3?
Any case law for Reference?


CA Parul Saxena online
10 September 2020 at 13:13

GSTR1 Filing issue

In July 2020 GSTR1 i forgot to show exempt income of Rs.200000 while in July GSTR3B i mentioned the exempt income.
What is the remedy of the same?
Should i file Aug 2020 GSTR1 after taking into acccount this exempt Income?
If yes then GSTR3B will also consist this exempt income as now these 2 returns are linked so there will be duplication of income in GSTR3B


Aniruddha Telkar

Please give suggestion TAN IS REQUIRED FOR PARTNERSHIP FIRM OR WHY?