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arunan   11 June 2020 at 09:12

How to do partition of property and tax

My dad had 25*80 sqft after his demise and it has to be divided to 4person I.e children's. Which way will reduce BBMP property tax
1. Paying full size measurements as complete in father name itself
2. Dividing the property in to 4and paying tax sepearte kindly suggest

BIDHU BHUSAN PATTANAYAK   05 June 2020 at 19:26

Career in accounts & tax

Sir
I am Bidhu Bhusan Pattanayak age about 35 B.Com & MBA in finance want to career in finance , accounts & taxation area . Cma cs ca is too tough & in this age i could not clear easyly . If supposed i take admission in law is it will help me for future time . Like tax consultant, finance consultant

DEEPAK P G   10 May 2020 at 22:23

Tds rate under dtaa between uae & india on nri property sale

DEAR SIRS,

AN NRI WANTS TO SELL HIS PROPERTY IN INDIA WHICH HAS BEEN HELD BY HIM
FOR MORE THAN FIVE YEARS. IN NORMAL CIRCUMSTANCES, THE RATE OF TDS WOULD
BE 20% UNDER SECTION 195 OF THE I. TAX ACT. HOWEVER, THE NRI WANTS TO KNOW WHETHER A MORE BENEFICIAL TDS RATE IS AVAILABLE UNDER DTAA BETWEEN UAE AND INDIA..

REGARDS,
DEEPAK P G

DEEPAK P G   07 May 2020 at 10:47

Tds rate under dtaa between uae and on property sale by nri

IN MY PREVIOUS QUERY THE WORD SHOULD BE DTAA AND NOT DATA.. THANKS.

DEEPAK P G   07 May 2020 at 10:44

Tds under dtaa between uae and india on property sale by nri

AN NRI WANTS TO SELL HIS PROPERTY IN INDIA. UNDER I. TAX PROVISIONS THE BUYER IS SUPPOSED TO DEDUCT TDS @ 20% . WHETHER A LOWER RATE IS THERE UNDER THE data BETWEEN UAE AND INDIA?

santosh   01 May 2020 at 22:58

Can a person purchase a land in cash in rs. 500000/-

Can a person purchase a land in cash in Rs. 510000/- from 3 land owner having equal share (Rs. 170000/- each Share, i.e. below 2 Lakh) in one deed.

Dipen   28 April 2020 at 15:52

Ptec cancellation_maharashtra

Hi,

I want to cancel PTEC of proprietor(1st case) as well as partners of LLP(2nd case). What is the procedure to do the same. I can see online cancellation of PTRC after I login into mahagst website. However PTEC of partners or proprietors is not available online.

Pls advice on the procedure of the same.

Regards,

Raghav Arora   03 March 2020 at 20:07

Tax paid, still being pinged

Tax Paid, still being pinged by Govt officials

Anonymous   23 February 2020 at 18:41

Cash balance negative rectify options for i.t.

Sir,
One I.t. individual person purchases of site ( assest) value.Rs10,00,000/-.if a person cash on hand balance as per books Rs.6, 00,000/- avalibale.
My question:
A person Remaining cash balance received below mentioned options is correct method.
1. Cash loan received from huf status
2. Cash loan received from different persons.
3. Cash gift received from family members.

Rajkumar Gutti   05 February 2020 at 13:17

Gujarat high court deceision on ocean import freight rcm gst

ON 23.01.2020, GUJRAT HIGH COURT GIVEN DECISION REGARDING GST ON IMPORT OCEAN FREIGHT IN THE CASE OF –MOHIT MINERALS V/S UNION OF INDIA. ON 23.01.2020. HON. HIGH COURT DECLARED THAT NOTIFICATION NO.8/2017 INTEGRATED TAX ( RATE ) DT.28.06.17 & THE ENTRY NO.10 OF NOTIFICATION NO.10/2017 , INTEGRATED TAX ( RATE ) ARE BY ULTRA VIRES.

MR. NIRZAR DESAI THE LEARNED STANDING COUNSEL APPEARING FOR THE UNION OF INDIA ,MADE A REQUEST TO STAY THE OPERATION ,IMPLEMENTATION, & EXECUTION OF THE JUDGMENT.
HAVING TAKEN THE VIEW THAT THE IMPUGEND NOTIFICATION & THE ENTRY NO.10 THERE IN ARE ULTRA VIRES THE IGST ACT 2017. THE HON. GUJRAT HIGH COURT
DECLINE TO STAY THE OPERATION OF JUDGMENT,

HON.JUDGE- 1) J.R.PARDIWALA
2) A.G. RAO

DATE-: 23.01.2020

MY QUESTION IS RCM GST ON IMPORT OCEAN FREIGHT IS IS TO BE PAY OR NOT PAY

PLEASE GIVE EXACT ANSWER.


REGARDS

RAJKUMAR GUTTI