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Pawan
I am a main borrower of home loan and my wife is co-borrower. I am paying 100% loan amount, can i get 100% tax benefits?
If you are the co-owner of the property also then you can claim 100% of the tax benefits. For more information please connect with us at ca.pujasharma@outlook.com or +91 94615 28592
CA Bharat Kumar 3 Mar 2021Yes you can claim. but make sure that another co borrower (wife) is not claiming it. For more info contact 9941188551 tlctaxfiling@gmail.com
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Rahul Kumar
I got an intimation 143(1) which says I have to pay my tax. The thing is I paid my tax already BUT some part of the Self Tax Assessment I forgot to add in the ITR
Kindly contact us at badlaniassociates at Gmail.
CA Bharat Kumar 3 Mar 2021We can file rectification return and sort out the issue..to proceed further kindly contact us at 9941188551 tlctaxfiling@gmail.com
CA Puja Sharma 3 Mar 2021File revise return.
CA Naman Maloo 7 Mar 2021Just revise the return or You can book consultation for same with expert and discuss in detail.
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Aditya
I want to update my new company name in esic and pf account ,kindly suggest and help
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Mohammed Abdulkhader
Hi. For a private ltd investment advisory company, how long can they hold in current account, the collected investment money from investors before it is invested in proposed schemes.
As per my opinion there is no such restriction. The amount should be deposited in a separate bank account,
Mohammed AbdulKhader 2 Mar 2021I believe this is incorrect. I heard sometime ago from another CA that its about 3 months time that you can hold such funds in an account, then it should reach to its destination.
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Kedar
I haven't filed GST return for the Jan 21 as there were no sales and now I have to create a challan for monthly payment for quarterly filer. What should be the amount which I will have to enter in CGST,IGST, CESS, MH SGST and what is the late fee charge
If you opted for quarterly option under QRMPS then you were not required to file the return in Jan 2021. You will have to file the return collectively at the end of the quarter. However if you opted for monthly return then you can make the payment vide a normal challan. The late filing fee of Rs. 20 per day is applicable for nil return. The fees shall be deposited as Rs. 10 per day under CGST and Rs. 10 per day under SGST.
CA Bharat Kumar 3 Mar 2021If you opted for quarterly option under QRMPS then you were not required to file the return in Jan 2021. You will have to file the return collectively at the end of the quarter. However if you opted for monthly return then you can make the payment vide a normal challan. The late filing fee of Rs. 20 per day is applicable for nil return and Rs. 50 for other than NIL Return
For Further details contact us at 9941188551 tlctaxfiling@gmail.com.
If you are under QRMP scheme and no tax was payable then no need to pay anything or any late fees
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