Here is Portfolio page of Utkarsh, with all his work

Mohan Enterprises has two registered business verticals in Delhi. Its aggregate turnover for the preceding year for both the business verticals was ` 70 lakh. It wishes to pay tax under composition levy for one of the vertical in the current year while under normal levy for other vertical. You are required to advice Mohan Enterpises whether he can do so?
Dec. 18, 2017
Hi, I am a resident Indian trader from Mumbai. I have a couple of questions regarding my sale of 1 BHK flat from a registered society.

1.. Out of the sale proceeds of the flat, can we invest in land and claim deduction?

2.. I have held the flat for 2 years, am I eligible for exemption from long term capital gains if I do not invest this money anywhere else?

3. Can the sale proceeds come through cash?

4. The agreement value of flat is Rs. 31 Lakhs while the actual deal was made for Rs 38 lakhs, how do I receive the remaining amount? At what value should I pay taxes?

5.. Will this sale constitute my annual income?

6) By when should I buy/invest into a new property after selling my property to claim deduction?
Jan. 09, 2018
Why income tax payable, excise duty payable is financial liability, and CENVAT receivable, income tax refund is a Financial Asset?
Jul. 24, 2015
My parents will be receiving the Land compensation the land which is in rural area from High court on behalf of Govt of MP. I am receiving that money as a gift from my parents. Can I get this money as a gift. Is there any tax applicable to my father or myself. if I will receiving the Land compensation money from my parents ?
Jan. 09, 2018
An Individual has made a gain from Debt Fund for Rs.100,000 and loss from Equity Oriented Mutual Fund for Rs.30,000. Can he set off the loss?
Jul. 28, 2015
If a shareholder gives a notice for inspecting proxies five days before the meeting is scheduled and approaches the company two days before the scheduled meeting for inspecting the same, can he do so?
Dec. 19, 2017
I want to calculate Income From House Property.....Here are my details...I own one house property in defence colony. During the previous year 2017-18, 2/3rd portion of the house was self-occupied and 1/3rd portion was let out for residential purposes at a rent of Rs 10,000 p.m. Municipal value of the property is Rs 3,30,000 p.a., fair rent is Rs 2,80,000 p.a. and standard rent is
Rs 3,60,000 p.a. I have paid municipal taxes @10% of municipal value during the year. A loan of Rs 27,00,000 was taken by me during the year 2013 for acquiring the property. Interest on loan paid during the previous year 2017-18 was Rs 2,40,000.
Waiting for a speedy reply...Thanks...
Dec. 18, 2017
Hello Sir.....
I am an employee of an Indian company. Currently I am in US for the work assigned by company. I was in India for less than 182 days for last financial year. Prior to this I was in India. Currently I have salary accounts in US. Do I need to declare them while filing returns in India?

Jan. 09, 2018
What is the calculation of exemption of entertainment allowance in respect of Government Employee??
Dec. 15, 2017
....THE "A" ASSESSEE HAVING TWO SON VIZ "B" AND "C" THE "B" IS STEB CHILD OF "A" THE "C"IS ADAPTED CHILD OF "A" "B" AND "C" RECEIVED GIFT OF RS.1 LAC IS FROM THEIR FATHER "A" THE QUESTION IS TAX ABILITY OF GIFT RECEIVED BY "B" AND "C"FROM THEIR FATHER "A" THE WORD BLOOD RELATION WILL APPLICABLE TO THE SONS OR NOT

May. 29, 2018