I am having an icici life time pension policy it is a unit linked plan. Pension received on this policy is taxable. On completion of this policy I can get 1/3 amount equivalent to units value which is tax free. My query is if surrender this policy before completion will the amount received taxable?
I am having an icici life time pension policy it is a unit linked plan. Pension received on this policy is taxable. On completion of this policy I can get 1/3 amount equivalent to units value which is tax free. My query is if surrender this policy before completion will the amount received taxable?
Under sole proprietorship concern, is it possible to operate two or more office but in different states under GST?
Business type is import/trade.
Can anyone tell me the amendments applicable for nov 2018 attempt for CA final financial reporting Actually I took class of Parveen Sharma sir in apr batch 2016 Can anyone tell me amendments relevant to this gapKindly mail me at given email for respective queryarifalucky@gmail.comThanks
I have been working outside of India since Nov 2016. It has been almost 1.5 years now. So my status has changed to NRI.
Now I am moving back to India in May 2018, how long will it take for me to be Resident again?
And also, could I invest in PPF once I come back or I can invest now also?
Should HSN wise summary Table 12 of GSTR1 have both inter state as well as Intra state sell to be shown or only Inter state sell?
The exempted purchase has to fill in which section of gstr-4?
sir i want to know that can i make a sale invoice bill to a registered firm whose proprietors unsecured loan in my firm i want to make sale invoice against unsecured loan please suggest.
REGARDS
Hi
I have a doubt regarding charging section 22 for income from HP. Where HP is used for the purposes of own business then it will not be taxed under sec 22.
What does used for business mean? Does it mean as cost reduction apparatus like used a storage etc or a profit making apparatus like let out on lease? Does it mean a passive use like held idle as stock in trade or an active use? Due to many decisions taken by the courts I need clarity on the interpretation.
ABC pvt. Ltd entered into a joint venture agreement with a private party say mohan to construct apartments in mohan'S land and then share profit in the ration of 40% and 60% for mohan and ABC pvt ltd respectively.
on FY 14-15 they had turnover of 1.5 crore from transfer of apartment but the company had not paid any single amount to mohan..
qts
1) who had tax liability ?
2)is mohan liable for capItal gain tax ?
3) compute the tax ?
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Income tax after surrendering icici life time pension policy