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Priya
07 March 2019 at 21:52

Short term capital gain

I have 1000 shares of dena bank at a cost of 60 rs
Now on merger of dena bank with bank of baroda i will be getting 110 shares of bank of baroda
How will i calculate loss on it
Is allottment of bank of baroda shares for dena bank shareholders taxable


Muralidaran Narayanan Raj
07 March 2019 at 19:27

Cost audit

A textile company engaged in manufacturing Fabric and Yarn. Overall turnover is crossed 100 crores. Fabric sales > 35 crore and yarn < 35 crore. Cost audit is applicable to both or only fabric. Kindly clarify.


TARIQUE RIZVI
07 March 2019 at 19:22

Tds on remuneration

Respected Sir

We have to pay TDS on remuneration paid to the directors of a pvt ltd company. As under which section TDS shall be paid. Please let me know and oblige.


UBEIDULLA
07 March 2019 at 19:12

Supply under gst

The sales during June 2018 was Rs. 38,388.70. While filing GSTR3B for June 2018, the sales was entered as Rs.3838870. It made the sales look very huge. But my sales normally is in the range of Rs. 30000/- to Rs.50000/- only.The paise was entered without the dot. I have calculated the tax properly and paid it. But the sales figure was entered wrongly. Now only i have noted this mistake. I have not received any communication from the jurisdictional officer also. How can i rectify this mistake? Can the experts kindly tell me how to rectify it?


SHaikh Saddam
07 March 2019 at 18:40

Sale of agricultural land as plots

I had purchased a piece of land for 44 Lac in the year 2014-15. I tried selling the asset as a single piece land. But the last 4 years I wasn't able to do the same. In the year 2018 I did N.A of the said land and developed the land into 48 plots.

Can I consider this sale as sale of capital asset and pay the LTCG or this be considered as stock in trade and regular Income from business or profession will need to paid?

If we consider it as stock in trade what point should be taken as conversion of asset from capital asset to stock in trade as my sole intention was intially to sell the asset as a single unit.

Please elaborate this in detail.


Tanaya Shinde

Sir,
Please provide me an ideal format of Partnership deed between medical practitioners to start a new hospital.


Smrity
07 March 2019 at 15:43

Msme

Hello All,

We are a newly started Pvt Ltd. company presently in to trading of goods, and soon shall go into assembly/ manufacturing.
We are at present using godown and all assets of our sister concern and are into process of purchasing machinery

If I have to register for MSME what assets should I show as my investment in Plant and machinery.



Satheesan.V.K
07 March 2019 at 15:33

Eway bill

Can unregistered persons generate eway bill? pls explain


Amitabha Das
07 March 2019 at 13:26

Regarding tax e filing

Sir ,I've received ITR refund of Rs 2900/- in FY 2018-19(without any interest) and some cash gift(aprx 40000/-) from mother through cheque in June 2018(FY 2018-19).How to these to be shown in ITR-4 while e-filing of itr in FY 2019(AY 2019-20)?Are these income be taxable?Please help sir.Thanks in advance.


vilas
07 March 2019 at 12:34

Commercial rent

Hallo,

As you know now GST limit Rs. 40 Lacs from Rs. 20 Lacs. I have one commercial property and getting rent more than Rs. 40 Lacs P.A. The Rented Property in the name of four owners. It has been distributed Income into 4 owner. Then GST is applicable on said commercial property. We will issue 4 invoices to tenant .

Please advice me .

Regards, Vilas






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