I Have few doubts regarding how to calculate Indexed acquisition cost of a property. These are:-
1. Property was purchased in FY 2009-10 & 85% money was paid to builder. Registration & Sale Agreement was carried out same time. But as it was under construction property, Possession was given in FY 2010-11 & rest 15% paid. So Which year CII will be used for indexation purpose?
2. Stamp duty & registration charges paid during purchasing of this property will be added in property cost or not?
Please clear my doubt.
Thank you
WHY FOR AY 22-23 EXCEL UTILITY RELEASE ON 1 JAN 2023.
THIS IS NOT UPDATED ITR UTILITY.
CAN SOME CLEAR MY DOUBT ?
Dear All
I have file the GSTR 1 For the month of November 2022. in which while filling the data of sales one B2B invoice, I fill the Total Value as Rs. 113 instead of currect value Rs. 113280/- but fill the taxable value and IGST Value correctly. in GSTR 1 Summary Taxable value and IGST Value are reflect correctly, but in 2b of opponent party Total value reflect 113.
kindly guide whether I need to amend the Invoice or it will be ok as Taxable value and IGST Value are reflect ok.
thanks in advance.
whether TDS will not be deducted on interest received from listed bonds and debentures.
On sale or maturity of Mutual fund
In the case of Loss or profit,
what should What should be journal entry
(1) In the case of profit received after maturity and sale of mutual fund from banks
Bank Account Dr.
To Mutual Fund Account
To Profit and loss account short term capital gain or Long term capital gain
Dear Kindly guide me for HSN Code and taxable rate for GST for Event Management service/Hosting Parties including Food in my farmhouses
Thank you.
Mr.A has contract with Nagarpalika. Work contract includes construction of angadwadi and roads.
Whether the service provided to the nagarpalika in respect of construction of angadwadi and roads liable for service tax for the financial year 2016-17 ? or any exemptions given in respect of services provided to the nagarpalika ?
Dear Sir ,
Im Uploading ITC 04 In that GST Portal Table 4 Challan No column all showing challans no Duplicate. A challan can be reported only once in a financial year in Table 04 fot statement : GST ITC 04 kindly suggest me to rectify
One of my client has GST registration in composition scheme with annual turnover upto 70 Lakhs and now renting a shop for Rs.18000/- monthly. Will client have to 1% of gst on rent also? Or 6% of gst on rent has it is supply of service.
Hi I’m Vinika how can I change gender in my CA foundation registration on ssp portal
Calculation of Indexed acquisition cost of a property