CA Derick Machado

We sold an agricultural land 4 years ago and built a house. Is it taxable under the income tax, anywhere under section? Does 54B section apply to me?


CA Antriksh Mishra
27 June 2018 at 10:18

Inclusions of turnover under gst

Dear Members,

Greetings....

I have an issue regarding inclusion of turnover: I have a Proprietor firm doing dealership business and registered under GST, I am also in receipt of income in my individual name.

so my query is that whether my individual income is liable to be added in my business income or not under GST??

Thanks & Regards,
CA Antriksh Mishra


Ramchand
27 June 2018 at 10:06

Itr form and business income

my client has 35k loss from F&O , stcg 59k, n commission u/s 194h 220000.
1.my query is he needs to file itr 3?
2.which category of business need to be selected?
3. commission is from other source income, so can we claim expenditure against it?
4. Do we need to maintain books of accounts.
plz guide



Anonymous

Hi,
I got a query about place of supply for renting of immovable property (Building).
A company is having head office at Bangalore and it's registered under Karnataka GST. if it takes a building on rent in Gurgaon and there's no registration available under Haryana GST; what will be the "place of supply ' in that case? And if the landlord of that building is registered under Haryana GST then what should he charge in invoice (SGST & CGST or IGST)?

Please reply with respective GST Provision Act....

Thanks!!


JOBINI JOY
27 June 2018 at 08:24

Consolidated financial statements

A public limited company have two Joint venture company holding 16% and 20% shares.whether consolidated FS is prepared by the public ltd.


NANDAN

https://taxguru.in/income-tax/tax-audit-turnover-1-crore-net-profit-8.html Is this real?????


Karthik Hebbar
26 June 2018 at 19:44

Tds

Whether TDS is applicable on Membership Fee, Fees and Subscription and Sponsorship fee?? If yes under which section?? If no TDS to be deducted where the same has mentioned? Kindly clarify.


sanjay
26 June 2018 at 17:58

Long term capital gain on propperty

Sir
My client has sold property for Rs.60,00,000/- in June 18 and the indexation cost is Rs12,00,000/- and the capital gain is 48,00,000/-. And he purchased the property in lieu of it in March18 for Rs.46,00,000/- excluding stamp duty of Rs.2,76,000/-.
My question is here that whether he has to deposit the balance amt of Rs.2,00,000/- in capital gain bonds or the purchase price for him will be Rs.48,76,000/-.
Pl guide .
Regards
Sanjay


jaga Jagadeesh
26 June 2018 at 17:44

Wrong gst paid

Dear sir
I have filed GSTR 3B of May month. But I wrongly included a bill for
100000/- on which i have paid 9000/- GST of each CGST & SGST.I have
opted for quarterly filing for GSTR - 1.
So still now I did not filed GSTR - 1 in F.Y 18-19
Can you please Guide me how to rectify the mistake


Ritesh

Hello Sir,
I have one query regarding showing Exempt income().
I want to show 2 Exempt income(Allowance to the extent exempt u/s 10) one is Conveyance Allowance Rs 19200 and second is Medical Reimbursement 15000.
Its not showing option for both Conveyance Allowance and Medical Reimbursement in other Allowance section of Exempt income section.
Which option I need to select to declare Conveyance Allowance and Medical Reimbursement income






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