I purchased one residential house (say new house-A) on June 2015 with my mom (co owner and co borrower) via loan. At that time we lives at another residential house( say house- B) which was in the name of my death father.
On april 2016 house B had transfer/namantaran as a legal heirs in the name of me, my mother and two sisters ( total 4 legal heirs without any will). And then sold that house -B on April 2016 and repay entire loan which was taken for purchase new house- A.
Query is that We(me and mother) purchase new house-A at 14 lacs in total and capital gain on sale of house-B is 4 lacs.since we purchase new home-A within 1 year (on june 2015)from sale of old B house(on april 2016) then is it compulsory to open capital gain deposit account to avail sec. 54. Since cost of new house per head is 7 lacs and capital gain per head is 4 lacs,then is there no need to open capital gain deposit account??

Dear Experts Please tell what is the gst rate on following items
shawls and stolls and
On yarns
On garments like jeans shirts and baby suits On blankets
and cloth without stiching means sirf kapda???

Is the pension income received by Member of Parliament taxable under income from other sources or salary income?

Persons opting for 44AD or 44ADA is not required to maintain books of accounts and documents.. Does that mean that they are not required to maintain proof of any expenditure or income??

we are manufacturer and we get some Purchase Order in which buyers and consignee is different and in different state for example buyer is in Delhi and consignee is in Haryana. My query is that which state will we mentioned in place of supply. kindly advise. Rakesh Sharma

dear experts, we are manufacturer of footwears and after today's GST meeting , GST is 5% on footwear below 500 is declared. sir, my query is that can we avail full ITC on closing stock will be lying as on 30th June. And in future, shall we claim all our ITC. Please advise Rakesh Sharma

Pls tell me about 47a waybill inward form. is it mandatory or not to write truck number on waybill. If we do not write truck number and on the way can sales tax officer imposed penality of such case. pls advise soon.

can goodwill be calculated without the years of purchase

hello sir
i am kanjibhai my question is we submit our return march 2016 and also submit april 2016 now we want to revise return march 2016 it is possible? we ask our accountant and our tax consultant he say now not possible to revise return for march 2016 also he say only last 1 month return is revise
so i request all experts what is true please guide me

Canot download emsigner . Error message about licence .what is the solution ?