Easy Office
Easy Office



ghosh
21 August 2023 at 12:30

VDA reporting

Do we have report each and every VDA transactions or profit only , Since transaction is huge for capital gain case also i.e 100 transactions


KIRPAL
21 August 2023 at 11:38

F&O TRADE DATED 30 MARCH AND 31 MARCH

Respected Sir/Ma'm
I just want to know that whether F&O trade dated 30 march or 31 march (which will be shown in ledger in next financial year) is considerable in year ended on 31 march or in next financial year where it is showing in ledger.


pooja
21 August 2023 at 11:05

Clubbing of income under shares

Can a mother in law gift shares to daughter in law, and if yes then dividend rec'd on those shares will be taxed under mother in law's income as per clubbing provisions but AIS will show income in daughter in law's name, how to deal with that so that there is no double taxation and there is no problem in future, kindly help.
Thanks in advance


sai reddy
21 August 2023 at 09:30

Gift in marriage

Hello Sir,
Father in law wants to gift jewellery to daughter in law. Daughter in law purchases jewellery in her name and using her money. Father in law later transfers money to daughter-in-law's account.

1. Is it valid case of gift received in marriage.
2. How will the daughter in law declare the gift in ITR?
3. Will the daughter in law declare that she received jewellery or that she received cash as gift?

Thanks for your valuable guidance.


DIVYESH JAIN
20 August 2023 at 16:54

LTA Allowance exemption

Dear Sir,

I am giving Leave Travel Allowance to my staff amounting to Rs. 25,000 per month as a part of his salary. I want to know what is the rule for claiming TDS exemption from LTA allowance. Is it necessary for the employee to incur travel expenses to claim LTA exemption.

Please help me in this matter.

Regards,
Divyesh Jain


AUDITORS EDAPPAL
20 August 2023 at 15:50

12 AB Hearing

We had registered for 12AB Registration in connection with which we were called for hearing by issuing hearing notice seeking to explain whether constitution of our institution provide certain claus ,the hearing notice specified that"If yes,please quote the relevent clauses of the constitution/trust/memorandum of Association/Bye laws of the institution .If no ,please cure the above defects and file the relevent document on or before the date of hearing." please let us know how to cure the defects and what has to be done for it.


JATINDER SINGH

Respected Sir/Madam

1. We had buy a property and deducted tds as per income-tax law, now we are trying to file 26QB but an error is coming on sellers page detail user id is invalid (detail behind error is the sellers had not registered their pan with income-tax site) ...... now the sellers are also out of touch.
What to do in this situation ? pls suggest
2. My another query about 26QB is we are the 3 Buyers 60%+20%+20% and property buy with value Rs.2CR and 4 Sellers 30%+30%20%+20%, kindly also suggest what amount should we fill in every 26QB at Total Value of Consideration (Property Value)


raghavendra b

DEAR SIR,

ONE OF MY CLIENT IS WORKS CONTRACTOR HE UNDERTAKE A CONTRACT FOR SCHOOL BUILDING REPAIRS. HE PURCHASED THE CEMENT AND PAINT. SO ITC AVAILABLE FOR THIS CONTRACT SERVICES.

REGARDS


apro
20 August 2023 at 00:43

LCTG on flat sale

I bought a flat for 2 million INR in 2014. The flat is sold for 7 million INR in 2023.
When filing returns how much I need to pay as tax on LTCG ? To avoid paying tax can I invest the tax gains in purchasing stocks ?

Please advise.