Dear Sir,

I had taken a personal loan of Rs. 11 Lacs for repair / renovation of my house & to repay loan taken for reconstruction of house.
Referring section 24(B) can i claim deduction of interest paid on personal laon.

I am member of ICAI, not holding COP. Do i need to surrender membership to start a business?

Sir, My query is can pvt ltd company donate any fund under u/s.80G I.T.ACT to another pvt ltd company & what is its limit (amount) & any section/ rule read with.

We are a partnership firm. We are paying monthly rent of bungalow above Rs. 50000 to individual landlord. Can we liable to deduct TDS @ 5 % ? Please guide.

Hi,

As per our payment policy, we have to release the payment to our vendors after receiving payment from our customers for that particular project.

But if the liability is there in our books of MSMEs and we didn't receive payment for that project, then what should we do in this case if the payment deadline of 45 days is going to end.

Please suggest.

Regards
Ashu Gupta

Multiple CRN generated mustakenly ... how to cancel Challn

sir,
A Registered composition dealer income detailes mentioned below.
1.Sale of medicines for pharmacy busieness rs:80 lacs turnover yearly.
2.sec 194j Fees and tecknicial servicies income rs:30 lacs yealry (health services)
3.Rental income from shops rs:3 lacs
4.Interest income from partnership firm rs:3 lacs
5.Agrilculture income rs:2 lacs
Doubts:
1.Dealer opt composition scheme eligible or not
2.sec 194 j income taxable or exempted
3.rental income and interest income taxable or exempted
4.Agrilculture income taxable or exempted.

Can we surrender gstin if my projected turnover will be less than 40 lakh this year.

Dear Sir,

If Buyer Turnover less Than 10 cr & if yearly purchase is exceed the 50 lakh
then it may required to deduct Tds Us 194Q

regards,

Sir/Madam,

Company has exported certain goods outside India by way of courier.
GST is 0 rated.
Invoice made for the exports mentions the GST.
The exporter company has spent GST specifically on purchase of raw materials in India.
How the same can be claimed back?
What is the role of LUT in this. Is it required to file LUT before exports?