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Partha Chattopadhyay   15 February 2021 at 15:04

Refund claim for tcs

My (a senior citizen) annual income (from pension & FD interest) is around Rs Rs 11 lakh. While remitting Rs 8 lakh during December 2020 as gift to my daughter at USA, the bank has debited Rs 5000 as TCS from my account. Whether I can claim the refund of TCS while filling the IT return for AY 21-22?

Raja Sekhar S   11 February 2021 at 21:40

Transfer of property

Mr A leaves a Registered Will bequeathing his property among his three surviving heirs B, C and D where B is Son, C is daughter and D is wife.

In respect of the properties earmarked in favour of C and D there is 100% clarity as the Will says the properties marked for them will become theirs on his death.

For the property left for B, the son there is some doubt. The property left for B is a house. The Will says his wife (D) will have possession and right to enjoy without any right whatsoever to gift or sell that house. The son (B) will get full rights on the house after D.
The questions needing answer are
1) Can the wife, D get the mutation of this house in her name as A is no more.
Or
2) Is it the Son, B who has to get the mutation of the house in his name allow his mother to continue living in house during her life time ?
Or
3)Is it open to just leave the property in the name of A who is no more and if so how long it can be left like that with both B and D staying in the house and enjoying the property, in which case the Property Tax, Ele Connection and Water connection will continue to be in the name of A who is no more. Is it legally correct to pay taxes in the name a dead person for unlimited period

Anonymous   06 February 2021 at 17:29

Running clinic without license and playing with people's fac

(Am a former employee, recently left the job ),One of cupping clinic running their clinic without license and cheating clients doing fake promises,using cheap quality products,even not well trained employees, employee itself telling treatment are not good they are making money,not paying any taxes, without license they are running , so what action can take against them

Anonymous   05 February 2021 at 13:26

Gst on bus operator

M/s. XYZ Company purchased a volvo bus for Rs.1.50 Crores including GST of say Rs.25 Lakhs. XYZ uses this bus for transportation of passenger and charge 5% as GST on the fare from passengers. Now as per Section 17(5) of CGST Act XYZ company is eligible to take credit of Rs. 25 Lakhs. My question is, ‘The govt fixed the output GST rate on passenger transport service as 5% without ITC. Isn’t this contradictory with section 17 (5) of CGST act? or is it like, XYZ can set of Rs.25 Lakhs against GST collected from its passengers but no other input GST paid can be claimed and set off against the GST collected from the passengers?

vipin khanna   25 January 2021 at 19:53

Trust

BYE-LAWS OF RELIGIOUS PRIVATE TRUST..HOW TO CREATE A TRUST

vipin khanna   25 January 2021 at 19:32

Trust

BYE-LAWS OF RELIGIOUS PRIVATE TRUST..HOW TO CREATE A TRUST

Anonymous   17 January 2021 at 13:41

Rental agreement

Hi

I'd like to know if I can make a rental agreement starting from August 2020, in January 2021. Would that be acceptable/valid for claiming HRA?

Thanks

S M pasha   16 January 2021 at 20:21

Gst rate for new constructed house

Sir,
If a builder constructing a new house and selling the same after fulfill consturction work what will be the GST Rate ? How can avail ITC ?

Please explain

with Regards

S M Basha

Anonymous   03 January 2021 at 16:04

Filing income tax return on behalf of a person incarcerated

Hello,

Is it possible to file an income tax return (offline/online) on behalf of a family member who is incarcerated?

If yes, what is the easiest way to do so, without requiring to have some sort of documents signed from the person incarcerated?

Sorry for being anonymous, but it is necessary.

Thank you.

Sudhir Parmar   31 December 2020 at 23:50

Gst on tenants upon redevelopment of pagadi property

Hello Sir, our Landlord(developer) has made PAA with us in 2008 to provide ownership flats after redevelopment of our Pagdi property. No money is involved at all in this deal. Till date building has not became ready, when we demanded delay penalty, he said he will give, but suddenly started asking us to pay GST on rehab component which was never ever discussed in lifetime. Can he charge us GST ? Kindly help us with a your reply in light with relevant provisions of GST Act. Thanks.