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Question & Answer


S

Shavez

15 Feb 2020

I want to sell my residential property and want to purchase new residential property and want to purchase 2 residential properties can i purchase 2 residential property by selling 1 residential property so that i can can claim exemption on LTCG and is this possible without any litigation and purchaaing 2 properties law is still in force
Looking forward to your reply

Replies (1)                          

CA Naman Maloo       19 Feb 2020

You can do that only once if the amount of capital gain in below 2 crore.
If you need professional assistance feel free to contact me at canamanmaloo@gmail.com

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S

Sanjeev Kumar

9 Feb 2020

I have stated My firm in 2016 and also generate TAN number.. After some time ,I joined the job.Not doing any business or transition in name firm.Again ,I left the job and open the current account..I don't files any t

Replies (1)                          

CA Kantha Manjegowda       1 Mar 2020

in my view technically, in case of firm you have to file tax returns irrespective of income, also profession tax every year, TDS return may not require as there is no tax deduction ..

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V

Vikas Kumar

9 Feb 2020

If i have to start a company that is giving laundry services only under 2km then it is necessary to register a company if yes then how much it will cost.

Replies (2)                          

CA Naman Maloo       10 Feb 2020

No need to register a company. You can do it as a sole proprietor.
If you need professional assistance feel free to contact me at canamanmaloo@gmail.com

CA Kantha Manjegowda       1 Mar 2020

what company can do, you can do as proprietor, think of company only when you are about take financial exposure like funding from investors or bankers.. all the best

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V

Vikas Kumar

9 Feb 2020

If my startup is related to laundry(washing clothes) and dry cleaning. It is online based but it is at very low level then it is necessary to pay GST and if yes then how much.

Replies (1)                          

CA Naman Maloo       10 Feb 2020

If the turnover is below 20 lakh no need to register for GST.
If you need professional assistance feel free to contact me at canamanmaloo@gmail.com

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R

R Venkata Kamaraju

8 Feb 2020

Tax audit for stock tarder

Replies (2)                          

CA Naman Maloo       10 Feb 2020

If you need professional assistance feel free to contact me at canamanmaloo@gmail.com

CA Damini Agarwal       16 Feb 2020

Please feel free to connect for tax audits for stock trading category. Would be happy to assist. Contact : 8707297344

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