Dear Sir / Madam, After GST implementation in India, please let us know the taxation details along with percentage values on basic purchase amount. thanking you & Best Regards,
Dear Sir/madam,
I have sold my flat in jul17 for 52 lakh, the total cost of the flat was 39 lakh, i got the possession an year back, however i booked the flat in 2010 and its was delayed at builder end and finally i got it in 2017, please let me know how the tax is calculated for it, will it fall under short term capital gain, but in that case will cost of acquisition apply as per my payments year on year from 2010 to 2017, so though i paid 39 lakh the cost of acquisition will be much higher.
How are what are my options to invest if i want to save tax.
Thanks
I need ur opinion and suggestion in this regard: The assessee manufactures taxable product under GST, has 5 branches within the same state. ( all factory and branches in the same state) In this regard, I would like to know, whether the factory is liable to pay GST on goods cleared to branches.? Incase if factory is to pay gst on supply to branches, it will be like the same person paying and claiming ITC on the same. This amounts to liquid cash being freezed on stock in hand( gst) The business being very small in size, what is the most effective system to follow? Kindly advice
We are a importer, & purchase goods from abroad countries. While purchasing we paid
custom duty, clearing & forwarding charges, freight etc. At the time of accounting we accounted ,purchase, custom duty, C&F charges, freight separately. Is this method is
correct or is all import exp. including custom duty to be debited to import purchase
account. Please guide us correct method & which Indian Accounting Standard,this
method or description indicated.
Thanking You,
Regards
Rajkumar Gutti
what is the procedure of closing current account and do we eligible to withdraw the money deposited while opening the account since opening of account we have not made any transaction from such account which we want to close. is litigation will arise ??
please guide about the above query,
I want to construct my house. If i take a loan from bank for construction of my house in july 2017 and suppose my house construction completed in july 2018. then how can i claim tax benefit of EMI started from month july 2017
Can a registered partnership firm be a partner of another partnership firm??
Apart Form filling Form 109, do we need to write I plain paper regarding transfer of articles if transfer is taken before one year? Please suggest me urgent
Hello Everyone,
Actually I was pursuing my articleship training under a Partnership firm in ghaziabad, which located me at client place for all the 6 days. And the client was using me as his clerk, that's why i asked for transfer many times to my principal but he used to tell me that ask to the client for transfer, and the client use to refuse every time. But after 9 months they agreed to give transfer after completing an assignment. But they again refused and said to complete 12 months of articleship. Then I discontinued the office. My principal made false complained against me with the institute. After his complaint my cousin talked to him for transfer after a month but on that day he made another complaint that i am trying to make pressure on thim and making political pressure which was again totally a wrong complain, my cousin didn't said even a single improper word or any type of unnecessary stuff which proves that he is making pressure on him.After making complaint he called me and scolded over the phone and when I said apologies to my sir and requested please sign the my transfer form, he called me in his office and threaten me that I will spoil your career, you don't know my family background, my relatives and the persons with whom I used to sit on daily basis. He said "Just Google my father's biodata", he tried to harass me mentally.I told him that i have nothing to do with your family background and I am just a son of a farmer, who died when I was 2 years old, how can I do something with you sir. He asked me to join him again and when i refused to do so, he said now I will show you my power etc. Now it has been nearly 5 months, but i have not got any solution. Whenever I ask him, he (my principal) says that your matter is pending with ICAI, and institute personnel says that we can not do anything. In all this my career has stopped at a point and i am not getting any solution. I just want any guidance that whether I should do anything else for my career or I should wait for ICAI, I mean to say will ICAI do something in this case?
sir
actually we have a society . and recently we have taken on school under this society. now we want to open account to that school . actually our society have account with axis bank.here my doubt is
1.can we open school account in the name of school with other bank?
2.does we require another pan no for school other than society pan no. to open bank account for school?
3.can we open another accounts with other banks?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Imports taxes on basic purchase value