In case of a newly set up quarry , is it better to consider the land development, fencing charges incurred to consider as pre-operative expenses or is it better to capitalise as land development ?Is there any AS supporting to show it as preliminary expenses?
Sir,
An assessee who has opted presumptive business income assessment u/s 44AD after this scheme was available , and had sold Land and building of his factory premises.. Now while calculating Capital Gain he has done Indexed cost on Land portion and for building portion- can he adopt Book Value ( without Indexation ) without providing Depreciation OR he is required to take book value after providing notional depreciation to arrive at Short Term Capital Loss. on building portion ..Is there any guideline or Restriction or advisory on this point.
Please guide.
Sir
I want to know how to get the refund of fees as payment for safta certificate deducted many time from account but submission details failed ,pl guide how will we get the refund of that payment.
Regards
I have one company just register 2 weeks before, now i need to transfer it to my wife, and it is said need valuation ceritification from CA, is this neccessary or i can use face value directly which is sign by director?
Sir I never been to abroad or any other country, while filing ITR-3 for the FY 2018-19 which section I have to select under resident.section 6(1)(a) or section 6(1)(c)?
I uploaded my ITR-1 of AY-2019-20 as on 30/08/2019 but till now no processing completed...... status showing 'Successfully e-verified'....... What is the last date for ITR processing by department
Due to mistake, GSTIN of many suppliers were not mentioned by me in previous months GSTR 1, which came to my knowledge only now. How can I rectify the mistake ?
A person gst composite scheme registered trading of medicines.
1. Sales turnover April to December,2019
Rs.21,00,000/- tax Rs. 21,000/- paid.
2. Same person income from rent for shop
April to December,2019 Rs.36,000/- received.
Question:
Income from rents gst applicable and which rate of tax applicable.
I had applied for the registration on 10/03/2020. I unintentionally wrongly entered my trade name and at the same time the department want me to submit additional document for the registration.. is it possible for me to make a new registration correctly rather than filing application for clarification and after approval correct my trade name..it will take time and I need gst registration urgently
thank you
rayees dar
RESPECTED SIR
I WANT TO KNOW ABOUT E-INVOICING. WHAT IS E-INVOICING ?
AND WHO IS ELIGIBLE FOR E-INVOICING ?
OUR TURN OVER IS MORE THAN 5 CRORE.
ARE WE ELIGIBLE FOR E-INVOICING ?
Accounting treatment for land development