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Pgbp

Direct Taxation

answered on 31-May-20 19:34

In section 35 D What is meaning of resident(other than company) give some examples

latest answer

Resident excluding companies. So it could be a resident individual or resident firm etc.

Kanaga Mani

Kanaga Mani

CA Inter

3K+

1

312

Pgbp

Direct Taxation

answered on 31-May-20 18:05

When the pgbp income will arise? When the business income arises In transfer of stock in trade to capital asset then how pgbp income arises?

latest answer

No double taxation. When the asset is taxed next time, the cost base will taken at transfer price so that tax is on additional portion of increase in value only

Kanaga Mani

Kanaga Mani

CA Inter

3K+

4

287

Query

Direct Taxation

answered on 26-May-20 18:43

Are all the latest amendments included in the online classes and notes for November 2020?

latest answer

Amendments needs to be added.

Anupama Ramesh

Anupama Ramesh

CA Inter

0

1

303

Income from os

Direct Taxation

answered on 28-May-20 11:47

Section 2(22)(e) is taxable in hands of shareholders or company!!

latest answer

Tqqq

Qwerty Asd

Qwerty Asd

CA Foundation

540

9

343

Pgbp

Direct Taxation

answered on 24-May-20 09:40

Here in point no (vi) should it be added to his PGBP income or IFOS??

latest answer

Pgbp as bad debts recovered were related to business.

Venkatesh Rathinam

Venkatesh Rathinam

CA Final

15K+

1

330

Deductions

Direct Taxation

answered on 22-May-20 09:25

D3duction u/s 80CCD (1B) is only for Employee's contribution or it is for both Employee as well as Employer's contribution?

latest answer

Deduction is for employees contribution.

Venkatesh Rathinam

Venkatesh Rathinam

CA Final

15K+

1

324

AMT

Direct Taxation

answered on 21-May-20 16:21

Is Alternate Minimum Tax(AMT) is there for Nov 2020 inter exam??... Will question be asked from this concept? And is this concept is in the Notes of indigo learn???

latest answer

Thank you

gopi manigandan

gopi manigandan

CA Final

2K+

2

335

Capital gains sec 50C

Direct Taxation

answered on 20-May-20 19:53

In the attachment in (ii) of the problem where the sales agreement is entered into on a date different from date of registeration, a part of sales consideration is received on or before so the SDV as on the date of agreement is to be taken as sales consideration, the doubt come here since the sales consideration(400Lacs) is not < 105% of the SDV(420lacs) as on the date of agreement Can the actual sale consideration be taken as sale consideration?

latest answer

Yes

Venkatesh Rathinam

Venkatesh Rathinam

CA Final

15K+

3

386

Capital gains/ PGBP

Direct Taxation

answered on 13-May-20 22:12

I require capital gains and profit and gains

latest answer

Click on Buy Courses > Individual Modules > Income Tax

Latha Balaji

Latha Balaji

CMA Inter

0

1

286

Sec 192(1A)

Direct Taxation

answered on 13-May-20 14:35

Can employee take credit on tax deducted by employer on behalf of employee u/s 192(1A)

latest answer

Thank you so muvch��

Hrudh Nayak

Hrudh Nayak

CA Inter

0

2

305

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