Forums
Finance act
Direct Taxation
asked on 14-May-24 11:03
Hai sir I am jan 25 student First schedule of the annual finance act part 1 says assesment year 2024 -25 Tax rates applicable for the finance act 2024 as per the attached provision Am I right??
latest answer
No answers yet!!
siddesh N
CA Inter
β 3K+
0
51
Clubbing of income
Direct Taxation
asked on 12-May-24 19:15
clubbing of income problems standard deduction 30 % is available for rental income of property which is gifted ??
latest answer
No answers yet!!
Devisree
CMA Inter
β 0
0
43
80U
Direct Taxation
answered on 12-May-24 11:05
If in question it's given that a person has a disability of around 80% then what will the amount get as deduction 75000 or 125000 ???
latest answer
Yes.
Nikhil Tiwari
CA Inter
β 16K+
4
89
Salary structure
Direct Taxation
answered on 13-May-24 23:12
Suppose, my employer gave me a CTC of Rs 25,00,000 which includes Rs 1,00,000 for purchase of laptop. Now the company said to buy the laptop in the company's name. Now I have a question like how the salary structure will look like ? What my CTC will be and what value should be added in the gross. Since the laptop will be purchased by employees with an intent of keeping it.
latest answer
I agree too, cleared my confusion. Thank you π
Jigyasha Rawat
CA Final
β 0
4
64
Freehold property
Direct Taxation
answered on 12-May-24 11:00
What is freehold property? Whether lease hold and freehold property same ? Whether tds will apply on conversion fee paid for freehold property?
latest answer
Freehold generally means own property/ case where entire rights are available and leasehold means property taken on lease.
HEMAVATHYSUBRAMANI SUBRAMANI
CA Final
β 2K+
1
48
Clubbing provisions in revocable transfer
Direct Taxation
answered on 06-May-24 14:23
As per section 62, there is an exception for revocable transfer by way to trust... Here My doubt is what is the treatment if the property has been sold or transfers to trust with consideration that is a benefit for assesse ?
latest answer
If it is done for a consideration then it a clear case of transfer and that would be taxable.
Jashvanth.K
CA Inter
β 9K+
1
51
House property
Direct Taxation
answered on 06-May-24 12:05
I need clarification in calculation of 1.Gross annual value 2.Municipal tax A or B which is correct???
latest answer
Right
Gautham Surya
CA Inter
β 9K+
10
84
salary & exemption in gst
Direct Taxation
answered on 09-May-24 11:54
1) salary employer paid tax on employee salary what will be the treatment ? 2) gst exemption services provided to charitable trust = import of service = when is it exempt and when taxable ?
latest answer
Thatβs right. Generally service to charitable trust is taxable but there are separate exemptions given right. So refer them also
Sushmita Chowdhury
CA Inter
β 710
6
90
Circulars are binding on the income tax officers
Direct Taxation
answered on 06-May-24 14:26
What does this statement mean sir? "Circulars are binding on the income tax officers"
latest answer
Done.
Viveka R
CA Inter
β 890
5
61
TDS Application
Direct Taxation
answered on 02-May-24 11:43
Whether Event management services comes under 194c / J . Why ?
latest answer
Right.
HEMAVATHYSUBRAMANI SUBRAMANI
CA Final
β 2K+
5
87
Courses
Course Guides
Offerings
CIN: U74999TG2017PTC116012 | GSTIN: 36AAECI4332C1Z0 | PAN: AAECI4332C