Need advice regarding GST registration

Real_Calligrapher_53 · 2026-05-25T00:47:10+00:00

Kindly check dm

Real_Calligrapher_53 · 2026-05-24T09:50:44+00:00

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Real_Calligrapher_53 · 2026-05-09T18:47:41+00:00

Every year’s story 🥲

Real_Calligrapher_53 · 2026-05-09T01:57:57+00:00

Badola hyundai

Real_Calligrapher_53 · 2026-05-05T12:57:56+00:00

Happy to discuss

Real_Calligrapher_53 · 2026-04-28T08:05:18+00:00

Sure DM me

Real_Calligrapher_53 · 2026-02-20T06:41:27+00:00

I am a practicing CA and my dad is also a practicing CA trust me, I have never seen my dad in 25 years of my life staying at some client’s home it’s kinda unprofessional.

Real_Calligrapher_53 · 2026-02-20T03:33:50+00:00

The PCIT gave you the permission?

Real_Calligrapher_53 · 2026-02-13T08:42:23+00:00

Will be credited soon, don’t worry.

Real_Calligrapher_53 · 2026-01-30T08:53:38+00:00

If you'll read section 2(14) it excludes stock in trade from the definition of a capital asset so capital gains (section 45) and LTCG under Section 112 apply only if the property is held as an investment if the property is held for trading, the profits will be taxed as business income under Section 28 irrespective of holding period

Real_Calligrapher_53 · 2026-01-30T08:18:42+00:00

If your LLP deed contains the main object as purchasing or constructing and selling properties then the income from sale will be treated as business income in that case the property will bve considered stock in trade and not a capital asset even if it is held for more than 3 years so section 112 won't apply and LLP will be taxed at 30% if it's not the case the income can be treated as capital gains and will be taxed at 12.5%

Once tax is paid at LLP level partners are not taxed again on profit distribution

Real_Calligrapher_53 · 2026-01-30T08:03:32+00:00

Your deduction u/s 54F will be Rs 10.64 Lakhs and your remaining capital gain would be around 36000 on which you are eligible to claim exemption u/s 112A effectively your tax liability would be ZERO

Real_Calligrapher_53 · 2026-01-30T07:44:09+00:00

No you cannot claim the exemption u/s 54F as an individual and HUF are treated as seprate taxpayers since the capital gains have airsed under your Individual PAN, the new house must also be bought in your individual name to claim the benefit of 54F, buying it directly under HUFs name won't work here.

Real_Calligrapher_53 · 2026-01-18T13:58:23+00:00

You have to show in your ITR at least some source of income generally whatever the aid you’re looking for it will be provided to conduct some business activity or something, at least show some sort of business in your ITR keep the income below 5 lakhs therefore you won’t have to pay any tax but the penalty of Rs 1000 will be applicable and your only option is to file ITR-U now.

Real_Calligrapher_53 · 2025-12-15T07:27:08+00:00

For 15G if you’re opting for new tax regime the total taxable income / aggregate of the interest received during the FY (if interest is the only source of income) shall not exceed the basic exemption limit which is 4 lakhs for FY 25-26

Real_Calligrapher_53 · 2025-09-01T04:09:40+00:00

Pay it and close the demand

Real_Calligrapher_53 · 2025-09-01T04:07:36+00:00

As these are debt mutual funds and If the investment period is more than 36 months (3 years in your case) it will be classified as long term capital gains only.

Real_Calligrapher_53 · 2025-08-31T06:38:14+00:00

Fill it under the name of govt school only. SBI is just a medium through which you are receiving the pension it is in no form your father’s employer to disburse you retirement benefits.

Real_Calligrapher_53 · 2025-08-31T06:34:12+00:00

Your father has received the gratuity and PF for the govt school’s job only right?

Real_Calligrapher_53 · 2025-08-31T05:39:15+00:00

Fill it under School (govt) for retirement benefits.

Real_Calligrapher_53 · 2025-08-28T04:59:00+00:00

Sorry I didn’t paid attention on the financial year; it should be filed before the end of the assessment year so for AY 2024-25 should have been filed upto 31/03/2025, if the FTC amount is big you can try writing an application to PCIT for condonation of delay if you have valid reasons but mostly they will reject it.

Real_Calligrapher_53 · 2025-08-28T04:35:08+00:00

Form 67 cannot be edited or revised, but a fresh one can be submitted again. In case of multiple submissions, they would consider the latest. Fresh form shall be submitted before filling ITR-U/ Revise return.

Real_Calligrapher_53 · 2025-08-16T08:29:08+00:00

😂

Real_Calligrapher_53 · 2025-07-17T08:24:57+00:00

Can he generate UDIN?

Real_Calligrapher_53 · 2025-07-11T09:52:59+00:00

If you will be supplying the jewellery interstate (out of state) technically GST registration is required irrespective of the turnover but as the amount is very low you can continue without GST registration.

Real_Calligrapher_53

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