RAKESH
27 January 2020 at 12:59

Interest on Housing Loan

Sir
Can I Claim Interest on construction of HP and Repair at time? i.e 230000(200000+30000)


PARAS CHHAJEDpro badge online
27 January 2020 at 12:54

Appeal u/s 246A

The assessment was completed by DCIT, Central Circle, Raipur (Chhattisgarh) against which an appeal is to be filed. As per the notice of demand it is mentioned that appeal may be filed with CIT(A)-3, Bhopal (Madhya Pradesh). There is CIT (A) at Raipur who holds jurisdiction according to the registered office of the company. Please guide as to whether the appeal is to be filed with CIT(A) as mentioned in demand notice or with the jurisdictional CIT(A). Thanks


PARAS CHHAJEDpro badge online
27 January 2020 at 12:50

Revision u/s 264 against CPC order

The assessee forgot t claim deduction u/s 80C in his return and time to revise return has expired therefore revision petition has to be filed u/s 264. The return has been processed and intimation received from CPC. Whether revision petition is to be filed before the jurisdictional CIT or CIT (CPC) Bengaluru. Please guide. Thanks


P.Madhivadhanan
27 January 2020 at 11:56

Long term capital gain

An asseessee who is a non-resident sold her flat to a resident for 7500000 in india. Long tem capital gain works out to 552000. Resident is to deduct TDS on that amount . I want to know whether TDS is to be deducted on LTCG OR ON ENTIRE SALE CONSIDERATIION AND RATE OF TDS. Any form or declaration to be given by Non -resident to deduct TDS? Only PAN of non-resident is enough.


Rajeev Gupta

My wife wants to gift her flat at Bhopal to our daughter.Please inform rate of Gift Tax(Stamp Duty) for blood relations and registration fee to Sub registrar Office in M.P.Please also send format/draft of Gift Deed from mother to daughter.


HIMANSHU
27 January 2020 at 07:34

Section 50C and 50D

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.


Utsav Goyal
27 January 2020 at 00:33

Company law

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


CA. Roopali Kadam
26 January 2020 at 22:51

Refund of e cash ledger balance

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


CA. Rahul Dwivedi
26 January 2020 at 22:00

ITC on capital goods

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


deepak
26 January 2020 at 21:43

Aggregate turnover defination

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