P
Padmakumar G
Flat purchased for Rs.1570000 in Pune from Builder as per per agreement dated Aug 2005 completed and possession taken in Sept 2006, sold on 10th May 2019 for Rs.7000000. What is the Capital Gain Amount and how much amount can be invested in Section 54EC Bonds ?
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Hi..Need further details and it requires personal consultation. Please contact us @ karteekcacma@gmail.com
CA Naman Maloo 2 Sep 2019Your capital gain would be around 34 lakh and tax on same would be around 7.2 lakh. You can invest entire 34 lakh within 6 month and save entire tax.
For further consultation you can mail me at canamanmaloo@gmail.com
Y
Yusuf
If i invest long term capital gain amount in fixed deposit bank scheme and get some fixed mothly return from.fixed deposit with principal amount having fixed in scheme and getting some fixed monthly return in this case can i avail tax relif on LTCG
No investing in Fixed deposit wont save your long term capital gain.
If you need any further assistance feel free to contact me at canamanmaloo at gmail.
F
Faisal Mukhtar
Hi there
I am starting a Dropshipping Business in India
My Target Audience will be my fellow Indians as well as Foreigners.
I will list the Products on My Website from a Supplier.
When an order will be placed, I will place an order to the supplier.
The supplier will directly ship the product to the customer.
I will not be taking any physical products myself.
The difference between my Price and Supplier’s Price will be my Profit.
The question I have is;
Do I need an Import-Export License?
How will I pay GST? Will it be applicable on the sale of services or just on the Income?
M
Manish Pujare
I filed ITR for 2019-20 and I have been showing 3930. When continue to pay it and being redirected to bank net banking portal with charge classification as - Basic Tax, Surcharge, Edu Cess, Others, Penalty and Interest.
I am not sure what amount to put in to each of these category. Can you please help me?
D
Deepinder
My mother is filling up ITR and after including all income from FD's and family pension the tax payable is 1.5lac, is there any way to reduce it, 80C is 1.5lac claimed.
Now there is no way as year as ended, we can only check the calculation and see if TDS has been properly claimed and deductions have been properly mentioned.
Next year she can avail Mediclaim or invest in national pension scheme if she is below 60 years.
If you need any assistance feel free to contact me at canamanmaloo@gmail.com
