Sir,

We received notice u/s 221(1) not paying self assessment tax U/s 140 A for the a.y.2018-19. In this notice mentioned that why a penalty should not be levied .After this notice we pay the self assessment tax .So Please send the format of reply of notice urgently.

Thanks

SIR/MADAM
AN NRI ASSESSEE SOLD IS PROPERTY1/5 TH SH PROPERTY IN INDIA. REWARD FROM HIS ESTATE OF FATHER RS.45 LAKHS
1. WHETHER INDIA BUYER AS DEDUCT 1% TDS FROM THE SALE
2. WHAT IS THE TAX LIABLITY OF NRI DUE TO TRANSFER OF SALE PROCEEDS TO USA
3. WHAT IS TAX LIABLITY OF BUYER 1/5TH SHARE OF PROPERTY FROM NRI
4. NRI CAN INVEST IN REC BONDS FROM AVOIDING TDS FROM PURCHASER

Dear Sir,

when the recipient is liable to pay GST on RCM basis. Should the service provider include GST component separately in the invoice.

Our entity nature is Partnership Firm.
Service recipient is Company

Regads
Ashok

I am a retired person having income from pension and bank interest only. If I want to make some cash gift from my savings to my wife who is a housewife, is that permissible under law? If yes, is there any specific procedure for it and what is that? Is there any upper limit per year of such cash gift?

pvt. ltd. company converted into llp in F.Y 2015-16 and LLP received noticed of Demand us 156 for F.Y 2011-12
my. doubt is in which PAN the Demand is to paid

Do a company intending to go for preferential allotment needs to comply with provisions of private placement also.???

I have bought a flat 2 years back and currently paying housing loan on the same. I want to sell my shop and from the money received will repay the loan of my flat which was bought 2 years back. In this situation would I have to pay any Capital gain tax or will get exemption u/s 54F?

IS RCM APPLICABLE ON REGISTERED GTA

We have charged GST 18% instead of 28% month for the Dec,2018 and in the NEXT MONTH we have raised DEBIT NOTE only for the differential (TAX) amount (i.e. 28%-18%= 10%) Now this month we are not able to update the this type of details in the GSTR 1 return (9B. Debit Note /Credit Note ). Can anyone suggest about how to SOLVE THIS PROBLEM

I have acquired a property by inheritance in Bangalore from my father in Sep 2018 by Khatha transfer after my father expired in in Apr 2018.

The property was acquired by my father in the year 2000.

I have subsequently sold the property this year in Jan 2019.

Can I avail indexation benefit for the computation on Long terms capital gains?
Is there any bearing of the calculation of ltcg on the term of my holding the property?