Answers By Expert: Law Intern
  Turnover from Zomato and Swiggy in the GST Composition return (CMP-08)
sir, How to report turnover from Zomato and Swiggy in the GST Composition return (CMP-08), considering they have already paid GST under Reverse Charge Mechanism (RCM) ?


► Read Answer

  12A Registered Trust receive Donation from another 12A Registered Trust
12A Registered Trust receive Donation from another 12A Registered Trust Whether donation received to Calculate for 85% for Application of Income or can be excluded for calculation.


► Read Answer

  Regards exemption of stamp duty & registration charges towards flat purchased after selling Listed shares and mutual funds as per Section 54F in Income tax
Can  you pls. answer my query , Since  We purchased flat @ Rs.60,00,000 with co-owner as (wife) with equal 50% share after selling Listed shares along with equity based mutual funds & obtained certain LTCG  both individually and only I paid stamp duty/registration charges  & brokerage etc. about Rs.565,236[445,236+(120,000 brokerage)] on whole full amount of the cost of flat . Here it may be added that we invested partial amount, means less than net sales considerations each. Can we avail exemption in sec 54F partially against  long term capital gain  each individually and please reply, can we claim/get exemption in…


► Read Answer

  income tax
Whether you can declare rental income in your own name when the property generating such income is legally owned by your father, and under which statutory provisions and case law such a plea would be examined. Also, whether any exemptions or legal avenues exist to support such a claim, and why such a plea is unlikely to sustain under Indian law.


► Read Answer

  Sale of Rural Agricultural Land is not being declared in the ITR
The Sale of 15 years old Rural Agricultural Land is not being covered in the ITR. My Question:  Is this becomes taxable due to Non-Disclosure...? and Any Penalty is Applicable for Non-Disclosure...? Any other Consequences possibility....? Please Clarify. Thank You.  


► Read Answer

  Contract Related Issues about an Agreement related issue
Our client is a sugar manufacturing company. It has entered into a contract with 3 buyers for selling sugar of 50,000 Tonnes at a fixed price. Those buyers have roped in another buyer for 20,000T out of this 50,000 T, which is a transaction purely amongst the buyers. This new buyer deposited a hefty sum with our client on the advice of original buyers for lifting the quantity of 20,000 T but ultimately lifted only 10,000 T. Hence the original three buyers lifted the balance 10,000 T, to complete the contractual quantity of 50,000 T which they entered into with…


► Read Answer

  Downloading case laws
How can I download the complete case law for further reference?


► Read Answer

  Father HUF
My father made HUF with eldest son karta and died 24/9/2003 Will probated with HUF detail in Mumbai high court 2004 before act of 2005 daughter rights in property. Two married sisters not member or karta of HUF . can they ask for HUF detail as how money spent from HUF even will approved by High court in 2004 before  act of 2005.


► Read Answer

  Interiors and furniture sale along with house
I am selling my house. If I make a separate agreement with buyer and show that interior and furniture cost is around 8-10 lakhs, whether I need to show bills if IT dept sends notice? Whether I need to mention all items and their cost or i can just mention Interiors and no mention of cost in Sale agreement?


► Read Answer

  Dtvsv delay
I have seen that dtvsv form issued last Thursday.. but when clicked inside it still showing awaiting signed form 4 from CIT I CAN'T understand.. whether it is considered as form 4 issued or not


► Read Answer