We supplied to SEZ DAHEJ UNIT BUT MATERIAL REJECT & RETURN WITH REPLACEMENT DOCUMENTS NOW WE DECIDE TO DO NOT SUPPLY THE ABOVE REJECT MATERIAL. WHAT KIND OF ENTY PASSED IN OUR BOOK OF ACCOUNT. IF THERE IS ANY GST LIABILTY KINDLY ADVICE.

VIRALC

Income under Salary head- 16,33,714.00

Perquisites
Accomodation- 222153
Food Coupan- 34645
Gift Card-5000
Other benefit & amneties- 111722

Dear Professionals,
While uploading txt file in PTRC return, i am getting message that “upload in progess”
Please help in this as to what should i do?
Thanks

Is it fair to club the Gross overseas Salary of a person in India WITHOUT considering deductions, expenses or allowances of the foreign jurisdiction?

Amitabh gets a full-time employment offer in Hong Kong via employer letter dated 23 Sep 2016 but due to delays in official procedures in his employer's office, he departs from India on 9 Nov 2016, thus staying in India for more than 182 days

His Gross Income in Hong Kong from Nov 2016 to Mar 2017 is approx Rs 45 lacs. However, after deductions and allowances in Hong Kong, the taxable income is Only Rs 5000 approximately.
The tax on gross income of Rs 45 lacs in India will be approx Rs 15 lacs much more than his net or taxable income. Hence it seems that the law is outdated to include only Gross income for clubbing purposes of staying in India by few days.

Is there any provision which allows exemption to Amitabh to not report this gross income in full or part?
Was it mandatory to disclose overseas bank account in 2016-17?

i want to know that iam registered under gst and i supply my motor vehicle to department of railway on monthly basis with driver and fuel. what are the tax consequences of this transaction. rate of tax? is this supply is under reverse charge? further if i supply a motor vehicle which was used to carry passenger and goods also like bolero camper, tataxenon, etc does any change in tax treatment of the above case? please reply

In import of goods cases,After bill of entry generation IGST payable alongwith basic custom duty to the custom department OR directly igst payable to Gst Department through challan ?

Does RCM (Reverse charge mechanism) apply to cabs???

Whether the following cabs are under corporate body or not?
1) OLA
2) UBER
3) MERU
4) RED TAXI

Dear Expert,

We have some funds in our cash ledger (GST), now we want to file a refund application, we want to know what documents are needed for this. which have to be deposited.

Is TDS applicable on interest on capital to partners in LLP? I feel it's not applicable in partnership firm but can someone confirm about LLP?

Respected Experts

Kindly let me know Dividend income is taxable or not ?
I got dividend Rs. 56,500/- from different company. I have to pay tax on the same ?