suren
30 July 2019 at 12:03

Cgas 1988

An assessee has opened Account A i. e. Savings Account under Capital Gain Account Scheme 1988 recently and claimed deduction u/'s 54 of the I T Act while filling return for A. Y. 2019-20.
He wants to transfer the funds now to Account B i. e. Term Deposit Account. Can he do this freely? As there can not be auto renewal of Account B, what happens if he opts for 6 months TDR? On maturity that amount will be transferred to Account A with interest if the amount is not utilised for buying new house. Can he again transfer the funds to TDR?
Is there any tax implications on such transactions?
Can transfer from Account A and Account B and vise versa allowed freely without any restrictions under the act?


Sai Kumar Yallasiri
30 July 2019 at 11:16

Tds under equalisation levy

We deducted TDS under Equilisation levy in the month of April, 2019. The due date for filing return under equilisation levy is 30th june of financial year ending. please explain me, can we do return filing for equilization levy now? Is there any problem if we do return filing now?


Javed Memon
30 July 2019 at 10:52

Itr 3 for doctor income

My Client Is Doctor , His Annual Receipts is 10 Lakhs , if i file Return U/S 44ADA then I have to Show 50% Income , But Instead of 44ADA if i File ITR 3 then Its Compulsory to maintain 50% income ?? Audit Will Be Required if i Show 3 Lakhs Income ?


Aastha
29 July 2019 at 22:23

Pf withdrawl

Hello everyone..
PF WITHDRAWL IS TAXABLE WHEN WITHDRAW BEFORE COMPLETION OF 5 YEARS OF SERVICE.

My query is under which head it is taxable? Under head salary or other income??

If taxable under head salary whether standard deduction of 40,000 is available or not?


Shobhit Jain
29 July 2019 at 22:05

Mgt-7

Whether CS sign is mandatory on MGT-7?


Pawan Singhal
29 July 2019 at 21:34

gst audit report

what to report in 12C column of gst audit. whether we have claimed Itc of 17-18 availed in 18-19 put here.for e.g 100000 Itc as per books but 95000 availed up to march 18 then 5000 in may 18.can we put 5000 in 12C of gst audit 9c report.


a jaya kumar
29 July 2019 at 21:01

Intermediary services

In the Intermediary services, there are 2 supplies. One is between principal and agent and one is between principal and end customer. Is there any restrictions to say that the supply between principal and end customer should be taxed in India, then only treated as intermediary? or there is no relevance of supply between principal and end customer(even if the principal and end customer is outside India and supply is also outside India)??


Sabita Sahoo

There is change of constitution of business from partnership firm to proprietorship concern.There is no balance available in cash ledger or credit ledger of partnership firm at the time of transfer.What is the procedure to follow in transfer of business? Is the certificate of CA is required ,ITC 02 to be filed or only dissolution of partnership firm is sufficient?


CMA Omkar.TIlve
29 July 2019 at 20:27

Tds/tcs refund

Client had bought a car on which TCS was deducted. While filing the Return for AY 2018-19, the same did not reflect in Form 26AS. Now the return is processed and intimation u/s 143(1) also issued. last date to revise return is long gone, the option to rectify return on e-filing is not available. Could someone pls guide me on the procedure to claim the refund
THANKS IN ADVANCE


V. Muralidhar Rao
29 July 2019 at 19:25

Capital gain

under joint venture land owner sale his share flats immediately at the time of receiving construction completion certificate from competent authorities. what effect to the land owner under capital gain and which values will be taken for calculation of capital gain. cost of acquisition, improvement and transfer..........pls explain sir





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