If we buy shares on various dates with different price say 500 shares @ 250/- on 20 Jan, 700 shares @ 280/- on 26 Feb etc 1) sold 500 shares 2). or sold 800 shares
For capital gain purpose, cost will be considered on FIFO method or average cost of all holding. Advise please
I understand that R&OR status apply if NRI stays oversses above 10 years, as he staisfy condition that out of last 10 previous year, he is NRI for 9 years etc. In Resdient & ordinary resident status, your NRE Fixed deposit interest is exempted for 2-3 years till you maintain R&OR status. Is my understanding wrong?
We have private limited company. We have two Bank Accounts. We dont have much investments. I want to calculate idle cash availability in bank accounts so that I can place FD. Please guide how to calculate idle cash.
In one of our GST party, transportation service is providing by Ship/Boat, but it is provided by service A Lakshadweep to B Lakshadweep, please inform to us that What is the applicable GST Rate for that service??
Go will Option 1 and in GSTR 1 of April 2024 show the Bill dated of March 2024, Interest will be applicable as you are paying after due date and for safer side prepare a reconciliation and keep handy with you ..
The due date for filing ITR-7 Form is different depending upon the audit of the accounts. Tax assesses whose accounts are not required to be audited can file till 31st July 2024 for AY 2024-25 while for audit cases, the due date is 31st October 2024
Dear Sir, please guide whether ITC 04 for NIL value has to be filed if no transactions are there for Apr23 to Sep23 in our company. Requested to guide.
I have done buisness for last 3years and I have declared income under 44ad for those 3 years. Now I left the buisness. Whether I need to get audited for next year 1.if my income from all other sources exceed 2.5 lakhs??? 2. If I got a job and my income exceed 2.5laks???
I want to terminate my articleship on basis of discontinuation of the course due to personal reasons. The portal says I need to submit 'An affidavit duly sworn in before a First Class Magistrate stating the reason for discontinuing the course'. Can someone please give me a format for the same? Also, can I just state 'Personal Reasons' as reason for discontinuation in the affidavit?
Please respond at the earliest with a format for the affidavit. Thank You.
CAclubindia
