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

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

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

I run a retail cloth shop and also own 5 cows and sells milk to the customers. Selling of cow milk comes under which Business Code In ITR 4

We are registered company and we have made a contact with another party ( individual) to erect hoarding board for advertisement of our company, and as per contact we are making payment rs. 8000/- per month. Now please tel us whether TDS will be deducted under section 194C ( advertisement) or under section 194I ( Rent).

Waiting for your reply

Dear Sir,

My colleague is independent a consultant & providing consultancy in a company & raising monthly Invoices. Please let me know which ITR need to be filed? ITR1, 2, 3, 4 or 5. Please clarify & what kind of savings/investments/examptions he can show in his return

recently i saw that one of a chartered Accountant has signed the financial statments of an AOP having no tax audit.is it amounts to violation of any related law.?

can CA sign incase of no audit with his firm name ?

dear sir i m 40 % physically handicap female i want to file income tax returns for my fixed deposit tds return so i want to ask is there any special fatality for or something different to file income tax returns for that kind of person.

An individual making payments towards rent for the property in the name of his mother per month of Rs. 66000/- But as per latest circular of I.Tax w.e.f 01st June 2017 payment of Rent more that Rs. 50000/- TDS will be deducted at the time of making payment @ 5%.

Now queries are payment made by the individual to his mothers on monthly basis but TDS deducted in the PAN of his father by miss take. The said property is in the name of his mother not his father.

In this situation what exactly action to be taken by the individual as income has generated in the hand of his mother but TDS deducted in the PAN of his father, father has no other income and income from house property in hand of his mother.

Please advise.
Thanking you

Dear Experts, GST applicability on land developers. Person, who purchases land and he develops the land with an infrastructure such as drainage system, roads and plantation of plants as per the instructions given. After this development of the land, he will not do any building constructions and all. He sales only developed land as plots. As Land is the exempted from gst, is he required to get gst registration, if so, will he eligible for ITC on the material purchased on land development, as land is the exempted from land ? What is the provisions/rules under gst, applicable to this kind of business ?
If above project advance receipts from customer(buyer) gst applicable or not?