Answers By Expert: Law Intern
we need following clarifications 1] when a builder allotted a flat to a retiring partner , what are the entries to be passed by the firm ? 2] whether GST is applicable ? 3] whether 194IA is attracted ? 4] whether only sale- purchase is taxable ? 5] how to find cost of flat under construction? 6] how to report in Tax audit report ? 7] whether FMV=stamp duty value in this case ? 8] GAAR is applicable ?
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I received form 4 under Vivad se Vishwas DTVSV 2024 where refund is mentioned. But almost 3 months passed, I have not received refund. How much time it takes for refund after receiving form 4 under DTVSV, is any other procedure i need to follow for refund purpose.
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Dear sir I would like to bring out the confusing instructions on Form 10IEA by the Income Tax Department. It says that for ITR 3 it is mandatory to submit Form 10 IEA to opt out of New Tax regime. But it does not clarify that if you have opted out already then the filling of this form again will be Opting you in for the New Scheme, in short it is like a toggle button. You fill the form in 2023, you opt out of new scheme but when you fill the form in 2024, the next year, you…
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whether section 9B will apply of section 45[4] ? what is the distinction ?
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when a flat under construction is allotted to a partner, what is the entry to be passed by the firm/partner ? what is FMV u/s 9B in above case ? is form 5C compulsory ?
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Is it taxable on signing of DA ? or only when possession is given ?
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what is the impact of such petitions filed with /without identity against any tax payer by a complainant ? Is it an evidence for 148/263 etc ?
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Amt deposited in capital gains remained unused for more than 10 years . What happens to unused amount ? How to get the same back ?
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I Have received an order from ADDL/JCIT(A) against my appeal regarding agriculture Income Exempted income but they did not consider that income as business income as per my return submit – Now I want apply to joint commissioner /Principal commissioner to waive of Penalty under the Act 273A/273AA —– Plz suggest me
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section 9B