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Rehan Shariff
I am getting in partnership with my brother in law in my existing business where in the turnover is around 1cr with his investment of 20,00,000/ how the profit sharing must be done between both of us
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Profit sharing involves tax implications, please have a consultation with a CA, you may reach out to me at salsabeelahmedandco@gmail.com
T&C applyR
Raghav Dhir
I wanted to purchase a phone from the local retailer he is asking for my pan details i wanted to know if it will show on my itr or not?
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Vimal Singh
If I gift land to my brother then capital gain tax burden comes on me or my brother
On no one.
For professional assistance you can mail me at canamanmaloo@gmail.com
There is no tax implication at the time of gift of the land. However, when the land is sold, the capital gains implications would be in the hand of your brother.
For further details you can reach me at +91 9830375894/ navinjain18@gmail.com.
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Anand Kumar
How to file itr of financial year 2015-16 in 2018-19
IF THERE IS REFUND FOR A.Y 2015-16, then you can file ITR U/s 119(2)(b). You can consult me at caitanyavrn@gmail.com
CA Navin Jain 18 Oct 2019The timelines for filing the return for AY 2015-16 has expired. However, a return may be filed for AY 2015-16 under section 119(2)(b) with the prior approval of the Principal Commissioner of Income Tax. Further, such request for approval can only be made if there is any genuine hardship to the assessee.
For any further clarification, please feel free to call me at +91 9830375894 or you can drop a note at navinjain18@gmail.com
It can be filed either by getting order from PR. CIT u/s 119(2)(b) or if you have received any notice for that year.
For more assistance you can mail me at canamanmaloo@gmail.com
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Sumit Veerani
I want to start an e-commerce dropshipping store ...so I want to register a new company in udyog aadhar as sole proprietorship....which NIC Code i should put there
Sir decide whether its sale of goods or service, I think its service similar to Amazon and so NIC would be according to it.
If you need assistance feel free to contact me at canamanmaloo@gmail.com
