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Inter state supplies Posted on 8th January,2021 05:15 PM
If a person is making inter state supplies, can he opt for composition?\r\n...Read more
Additional deprication Posted on 8th January,2021 05:15 PM
If the computer is installed in any manufacturing business. is additional depreciation allowed on such computers. or onl...Read more
Deprication allowable on Air pollution Posted on 8th January,2021 05:15 PM
Is additional depreciation allowable on Air pollution control equipment?\r\n...Read more
GST on automobile sector Posted on 8th January,2021 05:15 PM
In GST on automobile sector who is going to pay GST , promoter or the supplier?\r\n...Read more
Handicraft goods Posted on 8th January,2021 05:15 PM
if a person is supplying a goodds worth 35 Lacs intra state and 15 Lacs worth notified handicraft goods in a non special...Read more
Unabsorbed deprication Posted on 8th January,2021 05:15 PM
Can the unabsorbed depreciation be set off if the assessee is paying tax under presumptive scheme 44AD?\r\n...Read more
Tax treatment in hands of Donor Posted on 8th January,2021 05:15 PM
What shall be tax treatment in hands of Donor(Gift Giver) if he gifts any property(immovable prop and other than immovab...Read more
Capital gainsPosted on 8th January,2021 05:15 PM
Capital Gains whether Annuity Income received by mortgager under Reverse Mortgage Loan enabled Annuity (RMLeA) is taxabl...Read more
Section 13A and Section 13BPosted on 8th January,2021 05:15 PM
Political Party / Electoral Trust- What is the tax rate applicable on incomes of political party and electoral trust oth...Read more
Tax paid under section 44BBAPosted on 8th January,2021 05:15 PM
A non resident aviation company flying aircraft in india & paid tax u/s 44BBA. It pays remuneration to emloyees for ...Read more
Notice to director for recoverey of tax Posted on 8th January,2021 05:15 PM
Is there any necessity to issue a notice to a director before attaching his property for recovery of tax.. by a Tax reco...Read more
Loss from textile business Posted on 8th January,2021 05:15 PM
Can loss from textile business be set off from capital gain?\r\n...Read more
Deduction under 80GGPosted on 8th January,2021 05:15 PM
A person is employed on salary for 8 months and remaining 4 months as professional can he claim HRA for 8 months a...Read more
Joint development agreementPosted on 8th January,2021 05:15 PM
What is joint development agreement under section 194-IC?\r\n...Read more
Penalty order and notice of demandPosted on 8th January,2021 05:15 PM
Whether penalty order and notice of demand shall be issued at same time?\r\n...Read more
Provision of job work Posted on 8th January,2021 05:15 PM
whether the provisions of job work is applicable only on taxable goods under GST? explain please\r\n...Read more
Section 10AAPosted on 8th January,2021 05:15 PM
Whether deduction under section 10AA would increase on account of dissallowance under section 40A(3)/(3A)?\r\n...Read more
Transfer of shares to daughter in law Posted on 8th January,2021 05:15 PM
If any person transfer any assets to his sons wife on occasion of marriage then whether it can taxable under sec. 64 clu...Read more
Treatment of Deffered TaxPosted on 8th January,2021 05:15 PM
As per income tax act what is the treatment of defered tax are given in profit and loss account ? Whether it should be d...Read more
applicability of section 54Posted on 8th January,2021 05:15 PM
As per finance act 2019 if LTCG is up to 2 cr then 2 house property can be purchased or constructed once in a life. Whet...Read more
Rental income earned by SPVPosted on 8th January,2021 05:15 PM
Would the rental income earned by SPV also fall in the ambit of "Directly owned real estate" and hence be taxa...Read more
Salary interest commission paid by HUFPosted on 8th January,2021 05:15 PM
Whether salary interest commission paid by HUF to its members are allowed as deduction to HUF and whether such amount pa...Read more
Section 32Posted on 8th January,2021 05:15 PM
What is the difference between date of installation and date of put to use? (ii) Assuming date of Purchase and Date of p...Read more
Deduction of DDT Posted on 8th January,2021 05:15 PM
If spv pays dividend of rs 4 crores to business trust which is exempt u/s 10(34) in hands of business trust and conditio...Read more
NABARD OR Deposit scheme Posted on 8th January,2021 05:15 PM
In respect of the same, if expenditure of an amount in accordance with scheme is disallowed then, what is the difference...Read more
Tax rate to political party and electoral trustPosted on 8th January,2021 05:15 PM
What is the tax rate applicable to Political Party and Electoral trust?\r\n...Read more
Deduction for recieving family pensionPosted on 8th January,2021 05:15 PM
In income from other sources where the incomes covered in section 56 sub section 1 general deduction under section 57 is...Read more
Gratuity FundPosted on 8th January,2021 05:15 PM
Is retirement gratuity fund a long term liability or long term provision?\r\n...Read more
Deductions under 80rrb Posted on 8th January,2021 05:15 PM
Why cant deduction under sec 80rrb of 3 lakhs be claimed against the royalty income of copyrights of musical composition...Read more
TDS not deducted in section 194iPosted on 8th January,2021 05:15 PM
Why TDS not deducted in section 194i?\r\n...Read more
Reverse charge supply from unregistered supplierPosted on 8th January,2021 05:15 PM
A registered person who is liable to pay tax under reverse charge shall issue an invoice in respect of supply received b...Read more
Treatment for medical insurance of senior parentsPosted on 8th January,2021 05:15 PM
Mr X paid medical insurance premium of his parents who are senior citizens and not dependent on him by cheque of Rs27000...Read more
exemption for section 90Posted on 8th January,2021 05:15 PM
Why tax residence certificate not require for claiming exemption for sec 90\r\n...Read more
Gift from relative more than 5000 Posted on 8th January,2021 05:15 PM
Gift from a relative of value exceeding Rs 50000. Is it taxable or not.\r\n...Read more
lineal descendent Posted on 8th January,2021 05:15 PM
An individuals daughters son i.e. individuals grandson. Is considered to be lineal descendent of that individual or not ...Read more
Treatment of scholarship recieved by MinorPosted on 8th January,2021 05:15 PM
Scholarship received by minor child is taxable in whose hands?\r\n...Read more
Ennhanced Compensation Posted on 8th January,2021 05:15 PM
If enhanced compensation received in two installments. The first installment is received on 14 March 2018 and second ins...Read more
Telephone allowancePosted on 8th January,2021 05:15 PM
Is telephone allowance paid by employer to an employee. Then it will be taxable or not. If employer provides telephone t...Read more
Compensation recieved in installments Posted on 8th January,2021 05:15 PM
In which previous year the enhanced compensation received in installments will be taxable?...Read more
Acquisition of rural agricultural landPosted on 8th January,2021 05:15 PM
Will capital gain is attracted for compulsory acquisition of rural agricultural land.\r\n...Read more
Rebate under Section 87APosted on 8th January,2021 05:15 PM
Rebate under Section 87A is available to the person leaving india as a representative of the Indian government.Explain?\...Read more
Treatment of gift receieved by Minor Posted on 8th January,2021 05:15 PM
An individual gifted amount Rs 200000 in cash to his minor child. With that amount that minor child earned income of rs ...Read more
Section 80D under medical insurance premiumPosted on 8th January,2021 05:15 PM
An individual aged of 57 years and her spouse were aged 61 years. She spent Rs 15000 on her self medical insurance premi...Read more
Cost of Acquisition Posted on 8th January,2021 05:15 PM
If any capital asset is acquired out of winnings from lottery on which TDS is paid under sec 194B what is Cost of Acquis...Read more
Pocket ExpensesPosted on 8th January,2021 05:15 PM
Why Out of pocket expenses are included in value of supply. As per rule 33 shouldnt it be considered as pure agent servi...Read more
TDS under section 194BPosted on 8th January,2021 05:15 PM
TDS u/s 194B whether the limit of 10000 is also applicable for Non Resident\r\n...Read more
SECTION 92DPosted on 8th January,2021 05:15 PM
Whether section 92D applies or not in case where the specified domestic transaction entered into by assessee does not ex...Read more
Capital Asset Posted on 8th January,2021 05:15 PM
If any assessee won capital asset on lottery and tds under sec 194B is paid on such kind winning what is cost of Acquisi...Read more
Conveyance allowance and medical benefit Posted on 8th January,2021 05:15 PM
What is the taxability of conveyence allowance and medical benefit\r\n...Read more
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Exemption for many houses Posted on 8th January,2021 05:15 PM
As per amendment exemption is allowed for 2 houses u/s 54. But if we purchased 3 houses and made 2 houses as one then ex...Read more