In fy 2020 -21, a proprietory concern has to pay gst .but the entity has no registered net banking in its name. His son made payment . Gst payable was 16500. In this case guide how to account this. And entity has not settled it through prescribed mode. If this amount is paid in cash then it will be disallowed. If this is settled in cash then is is gst is payable on this 16500 or not . Any other alternative to account for this
CASH SALE BILL AND CASH RECEIPT LIMIT FOR JEWELLERY SHOP DEALER
SIR,
Sec 44ad it return filed jewellery business dealer invoice for cash sale limit and cash receipts limit from customers under it and gst act.
Tax audit applicable?
my turnover FY-20-21 1.27cr & my profit 3.50 lac. and all transaction banking Chanel . so suggest me audit applicable ?
Gst and it applicable
Sir,
A person maintained a private hospital service provide laboratory premises.service provide two types
1.service provide to op Patients and ip patients
2.service provide to local other persons
Question:
Share income from op patients and ip patients
Share income from local other persons gst and it applicable in it act.
Which months to consider for entering FSI in schedule S
I was working out from India in Germany from July 2017 to Aug 2021. Now previous FY I filled my Income tax as NRI. From September I started a job in India.
For this FY when I will be filling the income tax I got to know since I am Resident I also need to show income earned in Germany. Germany follow tax year as calendar year (Jan-dec).
So while filing I will be showing the salary from Indian employer. Now when I need to add another entry in Schedule S for salary earned in Germany, Should I be showing April - August or Jan- August. Can you please also link me to the official document
NPS DEDUCTION under section 80ccd(1b)
Employee NPS contribution Rs.110000 and other investments qualifying for deduction u/s 80C is Rs.75000 then may I claim deduction under section 80CCD(1B) for Rs.35000. Please guide.
Bank loan query for it returns
Sir,
How prepared balance sheet and profit and loss account to obtain rs:6 cc loan from bank and what should be the income in itr.
Tds on purchase 94Q
respected sir, i purchased goods from party . but some parties have issued bill iwith tcs on sale please advice me sill i have to pay tds on purchase?.my turnover is above 50 cr
Leave encashment by bank employees at the time of retirement
I heard that the leave encashment amount received by bank employees at the time of retirement is fully exempt from tax.
Can anyone provide circular or sec no regarding this
Advertisement Charges
we have to pay advertisement charges to the vendor rs.25,000/- , since we are a government company what are rates applicable for us?
- TV (Television) Repair/Service Work
- Capital Gains calculation issue in Tax Portal Offline Utility
- Tax Applicability on Sales Promotion
- Itc reversed or ineligible ITC
- Itc reversal --Payment not made in 180 days
- ADDITIONAL PLACE OF BUSINESS IN OTHER STATE
- REPORTING PORTAL- ERROR (DEFINED)
- Treatment of Share Application Money Pending Allotment
- Time limit to pay to Unpaid Creditors under income tax act
- Alternate of Jantri
- Company incorporation change in address
- Amount under RCM( freight) paid timely and take ITC . but in 3B return not show tax RCM no debit
- Reply for trademark examination report
- Excess IGST Liability shown in GSTR 3B and GSTR 3B return
- Transfer of manufacturing machine
- ICAI EXAM Correction window issue
- Consumption of goods within 6 months if imported under IGCR vide 9/2021 customs,clarify circular 10
- Service tax on Royalty paid on mining
- Party given advance for building now tax liability
- Solve the problem
CAclubindia
Gst on disallowance of income u/s 40(A)(3)