SAMIT CHONKAR

I had originally purchased a house property in FY 2012-13 which was sold in FY 2016-17. The Long Term capital gain was deposited in Capital Gain Account scheme before filing the return for that year. Later, I withdrawn the amount from capital gain account and invested the entire amount of capital gain in the new property in FY 2018-19.
Although, I had withdrawn the capital gain amount from the from the Capital Gain account but the interest earned on that account is still lying in that account. Now I want to withdraw the remaining amount from Capital gain account and close that account. But the Bank is asking for Form G which requires the approval from Assessing Officer. So, how can I close that and withdraw the balance mount


Gayu Gayu
06 March 2023 at 13:35

Sec 269SS of Income Tax Act

Is Sec 269 SS is applicable for Chit Subscription ?


Radhakrishnan

kindly give us draft for Death of Partner ( father ) and Admission of Partner ( son ) , is it necessary to get the consent from all the legal heirs of the Late Partner, OR CAN WE GET A INDEMNITY BOND FRON THE LEGAL HEIRS FOR CONSENT TO ADMIT ONE OF THEM AS PARTNER


Anusha Ratnala

Good Morning!!

I want to know the practical procedure for appointment of a trustee in a Gratuity trust


swamy
06 March 2023 at 11:12

CSR LIMIT

Is CSR applicable to a pvt.Ltd.Co,that showing 4.5 Crores net profit on 120 crores total income during 2021-22?








crs


Priyam Agrawal
05 March 2023 at 16:15

Form 112 query1

Sir, I wanted to know that can we upload admit card or fee receipt in form 112 if I don't have registration certificate.


Ashutosh Awade

i got long-term capital gain of 50 lakhs can I invest 25 lakhs in residential property and balance 25

Read more at: https://www.caclubindia.com/experts/ask_query.asp


Amit Ghag

Hello experts,
I had raised a transfer request from a PF Trust managed by my previous company to EPFO-managed PF account in Feb 2019. Based on facts available, the PF trust issued a settlement cheque dated 26th Feb 2019, which was received by EPFO office on 11th April 2019 (as shown on the acknowledgment slip), and date of credit for this amount in PF passbook is 21st June 2019. No one is clearly stating the reason for this delay of 4 months.

Concern: I have not received the interest for 4 months that were lost during the transfer process. EPFO has given interest on the transferred amount after 21st June 2019.

Steps taken:
1. Email communication with my previous company. PF trust from my previous company (which has now handed over PF operations to EPFO) says they are only liable to pay interest till the date of settlement (26th Feb 2019). They say EPFO should pay the remaining interest.
2. Raised multiple grievances with EPFO (11 on EPFiGMS portal and 5 on PGPortal). EPFO issued a few notices to the PF trust asking it to look into the matter. But no further action was taken by it to resolve the matter. Also, EPFO says it can only give interest from the date when the settlement amount is credited to them (21st June 2019). Being a statutory body for social security, I was expecting EPFO to take the necessary steps to recover the interest that I have lost.

Advice needed:
1. Is it fair on my part to expect that I should receive the interest amount for those 4 months?
2. Who should be liable to pay such interest for these 4 months resulting from the delay in the transfer process - EPFO or the PF Trust? Note that this was an offline transfer process as requested by the PF Trust.
3. What steps can I take now to take it further?

Thank you in advance for your valuable advice!


Owias
05 March 2023 at 10:57

IGST Apllicablity on Tour Operator

Is IGST applicable in Tour operator categories, suppose if one tour operator books a package with another tour operator having his registration in other State..Does any section of GST allows the applicability of IGST on the said package???


Zeel
05 March 2023 at 09:36

Is audit required?

Hy, i have turnover of 2lac and make loss of 50k do I need to audit account I don't have any income source. I am student and got scholarship of 1 lac and invested in fno. Or when I need to audit my account suggest me about these please.