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| Action on receipt of Ack of Form4 of DTVSV | |
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| Excerpt of query: | What is the next action after receiving acknowledgement of Form4 of DTVSV Scheme |
| Whether section 50C of IT is applicable on seller when he transfer his constructed building of midc to other person | |
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| Excerpt of query: | Whether section 50C of IT is applicable on seller when he transfer his constructed building of midc to other person |
| GST Trap to poor driver which resulting 1.5 Cr GST demand. | |
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| Excerpt of query: | A driver, who is uneducated, had his GST number registered in his name by another person (now deceased) without his knowledge and they had obtain the authorization to operate the bank account. This person used the GST number to commit a fraud amounting to Rs. 1.5 Crore. The GST number has since been canceled, and the department has issued a notice to the driver. The driver is poor he is struggle for survival with his family. kindly give us your valuable suggest as help to this poor. Your suggestion will be highly appreciated. With Regards, |
| Section 147 Assessment | |
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| Excerpt of query: | The Assessee is an HUF having income from House Property. The Assessee has purchase a property from Omaxe Ltd on which a Search and Seizure was conducted. A notice was issued to Assessee on the basis of books of Omaxe Ltd which shows Cash Payment to Assessee which is multiplied by Income Tax Authorities by 100 as mentioned in the notice. Now the notice U/s 148 as well as assessment U/s 147 is done by Jurisdictional Assessing officer clearly showing his Ward in the Assessment order and not by NFAC although he has issued a letter that it will be a e proceeding / faceless assessment. Further the Income of the Assessee was added under Section 69 A. Now the question is whether this assessment by Jurisdictional Assessing officer is valid Further Section 69 A clearly states that money is not recorded in books of accounts but here the assessee is not maintaining any books of account as he is having income from house property only. |
| yoga classes etc or accounts writing income | |
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| Excerpt of query: | are they covered by 44AD or 44ada ? |
| commercial property —redevelopment | |
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| Excerpt of query: | when commercial property is recd on redevelopment of a commercial complex ; 1] what is tax effect if new area is same ? or more ? 2] what is tax effect if new shop is given in another building ? |
| unverified purchases | |
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| Excerpt of query: | Does ratio of KANAN IMPEX [Bom H C ] apply to all unverified purchases cases ? |
| 44 ad taxpayer | |
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| Excerpt of query: | sir, I PROPRIETORSHIP BUSINESS. I WANT TO KNOW ABOUT IN PRESUMPTIVE sec 44ad TAX CAN SHOW SALARY TO WIFE OR SON OR DAUGHTER. |
| whether gross or not income taxable in the case trust return not filed on due date | |
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| Excerpt of query: | EDUCATIONAL TRUST IS REGISTERED UNDER SECTION 12A . FOR A.Y 2018-19 RETURN IS NOT FILED ON DUE DATE. WHETHER GROSS INCOME OR NET INCOME TAXABLE? ANY MADRAS HIGH COURT JUDGEMENT IN THIS REGARD PL SIR |
| Signing of Form 35A | |
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| Excerpt of query: | Who can sign the form 35A when the assessee is a foreign company and the directors are residing outside india and who can act as authorized representative |