A is the owner of a land. A has entered into a Joint Venture (JV) agreement with B around 30 years ago and collected contribution for the share given. The JV agreement provides that incase of disagreement between the parties both A & B will develop their respective area at their own cost. The agreement doesn’t specify that A will *convey* the portion of the land to B so that he can develop his share independently at his own cost. B is insisting that the land be divided as per his share and *conveyed* to him. A asks in such a case will section *50C/ 50D* of the Income Tax Act be applicable to A.

What is the difference between member and shareholder of a company?

Dear Sir/Mam,
Can we claim E-cash ledger balance while filing 3B?
or we have to apply only from "refund " tab on portal.
And
Do we need to upload any document for the same?
refund is below Rs2L
Thank you
Regards
Roopali

Dear sir,
Can we avail ITC on capital goods immediately after purchase or we have to avail it in 60 months. Kindly Advice

Interstate purchase and intrastate purchase are included under defination of aggregate turnover or not??

Suppose there is a situation where a hotel owner did not pay the gst collected from last one year,now the corporate clients cannot claim ITC as gst is not paid by the hotel owner n his gst is blocked,now he refuses to pay as he has a plan to shut down his hotel in next two months,what will be the liability of the gst practitioner in this case as owner is not paying gst despite of repeated advice by practitioner

Can any tell me capital gain on redemption of mutual fund calculated on Average cost basis or FIFO basis

My question is ,one pension holder's income cross the taxable limit like pension and other source of income e.g.Interest income from Interest on F.D. His net tax payable is 42,000 approx after deduction of 80D,has no LIC etc under section 80C during A.Y 2020-21.How he paid the Income Tax by self assessment tax or advance tax.Please let me know at the earliest.
Thanks,
Buddha deb Das

Hello Experts,

My current company import vehicle items but the same are charged @ 28% GST however , when the same goods are sold in the local market the goods are sold @ 18% GST. How can we manage the same in Tally. Because when the ledger is created in Tally we would create the at 28% but while selling we are required to charge 18%. How can we sort the same?

In current F.Y 2018-19 I had incurred expense on Outdoor Catering Service amounting to 2.5 lakhs and GST paid by me at 5% with official receipt. I'm salaried and I would like to know where to show this expense incurred at the time of filing ITR. Am I supposed or liable to pay any other tax. Please advise.
Thank you