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Showing 1 to 20 of 140 Results
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Issue Id: 120982
Amendment of Existing Trust Deeds
All existing trust deeds of NGOS referres to investments to be made in compliance of section 13 of income tax 1961 and also about 80G of the said ... Read Full Issue
Income Tax
Author
Date 29 Jun 2026
Replies 2 Replies
Views 212 Views
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Issue Id: 120957
Capital Gain Tax Applicability
A person got two large sites by way of succession. In his absence in India, someone manipulated and sold both the sites. In one site, the ... Read Full Issue
Income Tax
Author
Date 10 Jun 2026
Replies 1 Reply
Views 272 Views
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Issue Id: 120899
194T TDS on Partners Remuneration
As per section 194T, TDS is to be done on remuneration paid to a partners. A partnership firm pays fixed salary of 3 lakhs p.a. But as per section ... Read Full Issue
Income Tax
Author
Date 02 May 2026
Replies 3 Replies
Views 863 Views
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Issue Id: 120898
194T TDS on Partners Remuneration
As per section 194T, TDS is to be done on remuneration paid to a partners. A partnership firm pays fixed salary of 3 lakhs p.a. But as per section ... Read Full Issue
Income Tax
Author
Date 02 May 2026
Replies 1 Reply
Views 542 Views
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Issue Id: 120475
Capitalization of Interest paid for Capital Gain purpose
Zuhari Investments Ltd., ITAT Delhi, Maithreyi Pai, Karnataka HC, Trishul Investments, Madras HC allowed capitalization of interest on borrowed funds ... Read Full Issue
Income Tax
Author
Date 19 Sep 2025
Replies 1 Reply
Views 1039 Views
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Issue Id: 120126
Mandatory registration for Non Resident
A non-resident is getting rent of 18 lacs PA from commercial property situate in India. He has not executed any power of attorney for managing the ... Read Full Issue
Goods and Services Tax - GST
Author
Date 10 Jun 2025
Replies 3 Replies
Views 1741 Views
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Issue Id: 120028
Capital Gain
Section 45 (5A) of Income tax provides formula for levy of capital gain tax for land owner who develops the property through registered JDA . The ... Read Full Issue
Income Tax
Author
Date 20 May 2025
Replies 4 Replies
Views 4928 Views
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Issue Id: 120005
Capital Gain
A” is owner of property. Land is 5 years old and building thereon is only 1 year old. The said property is being sold resulting in capital gain ... Read Full Issue
Income Tax
Author
Date 13 May 2025
Replies 1 Reply
Views 2055 Views
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Issue Id: 119738
TDS - Partner Salary
Section 194T of Income Tax mandates for TDS @ 10% on Salary etc. paid to a partner. As per sec.28(v), salary paid to partner is taxed under ... Read Full Issue
Income Tax
Author
Date 18 Mar 2025
Replies 1 Reply
Views 2109 Views
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Issue Id: 119415
GST on Solar Plant
Dear All One of my clients wants to transfer the solar plant under “as is where is” basis which was assembled at his land few years ... Read Full Issue
Goods and Services Tax - GST
Author
Date 19 Nov 2024
Replies 4 Replies
Views 1509 Views
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Issue Id: 119410
Capital Gain Calculation
Dear All As per paper report published at the time of budget 2024 revenue secretary Mr. Sanjay Malhotra has clarified that stamp duty etc, ... Read Full Issue
Income Tax
Author
Date 18 Nov 2024
Replies 0 Replies
Views 663 Views
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Issue Id: 119364
RCM - Rent
A HUF consisting of Father and son owns a commercial property. It is let out to a firm in which son is a partner (75%) share, with third party. HUF ... Read Full Issue
Goods and Services Tax - GST
Author
Date 17 Oct 2024
Replies 1 Reply
Views 1107 Views
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Issue Id: 119264
GST on Unrealised export
A client of mine effected export by despacthing goods by ship. To their misfortune the ship was hijacked and goods never reached the destination. On ... Read Full Issue
Goods and Services Tax - GST
Author
Date 21 Aug 2024
Replies 26 Replies
Views 6591 Views
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Issue Id: 119201
Exempted receipt of Gifts by Individual - Proof
U/S 56 (2) amounts received consequent to WILL is exempt even if the deceased does not fit into definition of “relative” for the legatee. ... Read Full Issue
Income Tax
Author
Date 09 Jul 2024
Replies 2 Replies
Views 829 Views
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Issue Id: 119200
Donation as per WILL
In case 12A registered Trust gets certain amount from executor of a WILL stating that the deceased has bequeathed amount in the WILL to be given to ... Read Full Issue
Income Tax
Author
Date 09 Jul 2024
Replies 1 Reply
Views 625 Views
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Issue Id: 119199
Proof of "Relative"
Under section 56 Gift from a “relative” is exempt. What is the proof normally acceptable by the department to prove that donor is a ... Read Full Issue
Income Tax
Author
Date 09 Jul 2024
Replies 1 Reply
Views 19970 Views
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Issue Id: 119057
GST on Free Supply to Employees
A GST registered person provides free of cost, snacks and hot beverages to it’s employees as per terms of appointment. The suppliers of such ... Read Full Issue
Goods and Services Tax - GST
Author
Date 05 Apr 2024
Replies 7 Replies
Views 3178 Views
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Issue Id: 119054
Capital Gain
“A” owns a site absolutely and the neighbouring site is owned by “B” absolutely. Both “A” and “B” ... Read Full Issue
Income Tax
Author
Date 02 Apr 2024
Replies 1 Reply
Views 1205 Views
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Issue Id: 119053
GST on hostel / PG
Very recently Madras High Court has ruled that no GST is payable by the landlord who has let out his property to another entity (Tenant) for running ... Read Full Issue
Goods and Services Tax - GST
Author
Date 02 Apr 2024
Replies 13 Replies
Views 4797 Views
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Issue Id: 119029
Capital Gain arising out of JDA
To avoid controversy, the government has introduced section 45(5A) making it clear that for registered JDA only the capital gain will be levied at ... Read Full Issue
Income Tax
Author
Date 13 Mar 2024
Replies 0 Replies
Views 636 Views
41 Replies on 31 Issues
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Issue Id: 120982
Amendment of Existing Trust Deeds
All existing trust deeds of NGOS referres to investments to be made in compliance of section 13 of income tax 1961 and also about 80G of the said ... Read Full Issue
Income Tax
Author
Date 29 Jun 2026
Replies 1 Reply
Views 212 Views
Like0Bookmark
Issue Id: 120899
194T TDS on Partners Remuneration
As per section 194T, TDS is to be done on remuneration paid to a partners. A partnership firm pays fixed salary of 3 lakhs p.a. But as per section ... Read Full Issue
Income Tax
Author
Date 02 May 2026
Replies 1 Reply
Views 863 Views
Like0Bookmark
Issue Id: 120028
Capital Gain
Section 45 (5A) of Income tax provides formula for levy of capital gain tax for land owner who develops the property through registered JDA . The ... Read Full Issue
Income Tax
Author
Date 20 May 2025
Replies 2 Replies
Views 4928 Views
Like0Bookmark
Issue Id: 119415
GST on Solar Plant
Dear All One of my clients wants to transfer the solar plant under “as is where is” basis which was assembled at his land few years ... Read Full Issue
Goods and Services Tax - GST
Author
Date 19 Nov 2024
Replies 1 Reply
Views 1509 Views
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Issue Id: 119264
GST on Unrealised export
A client of mine effected export by despacthing goods by ship. To their misfortune the ship was hijacked and goods never reached the destination. On ... Read Full Issue
Goods and Services Tax - GST
Author
Date 21 Aug 2024
Replies 3 Replies
Views 6591 Views
Like0Bookmark
Issue Id: 119201
Exempted receipt of Gifts by Individual - Proof
U/S 56 (2) amounts received consequent to WILL is exempt even if the deceased does not fit into definition of “relative” for the legatee. ... Read Full Issue
Income Tax
Author
Date 09 Jul 2024
Replies 1 Reply
Views 829 Views
Like0Bookmark
Issue Id: 119057
GST on Free Supply to Employees
A GST registered person provides free of cost, snacks and hot beverages to it’s employees as per terms of appointment. The suppliers of such ... Read Full Issue
Goods and Services Tax - GST
Author
Date 05 Apr 2024
Replies 1 Reply
Views 3178 Views
Like0Bookmark
Issue Id: 119053
GST on hostel / PG
Very recently Madras High Court has ruled that no GST is payable by the landlord who has let out his property to another entity (Tenant) for running ... Read Full Issue
Goods and Services Tax - GST
Author
Date 02 Apr 2024
Replies 2 Replies
Views 4797 Views
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Issue Id: 118982
GST Applicability - Lease of Agricultural Land
A GST registered person wishes to lease out the coffee estate instead of himself exploiting the same. My doubt is whether GST is payable on such ... Read Full Issue
Goods and Services Tax - GST
Author
Date 14 Feb 2024
Replies 1 Reply
Views 3393 Views
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Issue Id: 118732
GST on Compensation
It is a common feature for social clubs to pay compensation to members on voluntary surrender of their membership. I would like to know ... Read Full Issue
Goods and Services Tax - GST
Author
Date 02 Sep 2023
Replies 2 Replies
Views 1499 Views
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Issue Id: 118728
Surrender of Club Membership
It is a common feature for social clubs to pay compensation to members on voluntary surrender of their membership. I would like to know ... Read Full Issue
Income Tax
Author
Date 01 Sep 2023
Replies 1 Reply
Views 1972 Views
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Issue Id: 118709
ITC Availability
It is common that a business entity distributes to dealers and well-wishers calendars and diaries in the New Year. Such calendars are specially made ... Read Full Issue
Goods and Services Tax - GST
Author
Date 22 Aug 2023
Replies 1 Reply
Views 3482 Views
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Issue Id: 118659
Wrong credit of loan
The directors of one Nidhi company approached their bank for getting personal loan mortgaging their own properties. In the same company is also ... Read Full Issue
Corporate Laws / SEBI / LLP
Author
Date 23 Jul 2023
Replies 1 Reply
Views 1456 Views
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Issue Id: 118658
ITC Availability
An Individual is registered under GST on account of letting out commercial property. He does not maintain any books of account.Is he eligible to get ... Read Full Issue
Goods and Services Tax - GST
Author
Date 22 Jul 2023
Replies 1 Reply
Views 6622 Views
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Issue Id: 118636
GST Applicability - Gifts
GST ON GIFTS Gift to employees’ worth more than 50K is treated as “supply” and is subject to GST. Similarly under income tax ... Read Full Issue
Goods and Services Tax - GST
Author
Date 11 Jul 2023
Replies 1 Reply
Views 12551 Views
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Issue Id: 118517
GST on Commercial Rent - NRIs
The Karnataka AAR in the case of Nagabhushana Narayana - 2023 (4) TMI 903 - AUTHORITY FOR ADVANCE RULINGS, KARNATAKA has held that if a ... Read Full Issue
Goods and Services Tax - GST
Author
Date 05 May 2023
Replies 2 Replies
Views 3190 Views
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Issue Id: 118508
GST - Input Tax Credit
Some of the new generation banks raise invoice for bank charges in the following format. Bank Charges 1000 Add : GST ... Read Full Issue
Goods and Services Tax - GST
Author
Date 28 Apr 2023
Replies 1 Reply
Views 1472 Views
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Issue Id: 118415
Input Tax Credit - RCM
A dealer pays GST under RCM on some transaction on which no RCM tax is not payable. Eg: Fee paid to Government costing less than Rs.5000/ -Is he ... Read Full Issue
Goods and Services Tax - GST
Author
Date 11 Mar 2023
Replies 1 Reply
Views 4573 Views
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Issue Id: 118407
GST Applicability
Can experts clarify whether sale of “route permit” for buses attracts GST. If yes, whether it is “Goods”or ... Read Full Issue
Goods and Services Tax - GST
Author
Date 08 Mar 2023
Replies 2 Replies
Views 1839 Views
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Issue Id: 118243
Refund of GST paid erroneously
As per Circular No.177/09/2022 dt:03/08/2022, it is clarified that no GST is attracted if plots are sold after completing development works. In many ... Read Full Issue
Goods and Services Tax - GST
Author
Date 23 Nov 2022
Replies 1 Reply
Views 3275 Views
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Ethirajan Parthasarathy
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Organization
Organization

C P Ethirajan

Connected
Connected

March 2008