A director of a Pvt. Ltd. Company received the shares as gift from his mother. While giving information of shares acquired during the year in General information part A of ITR 3 of the director- there is no column to give such information. There are columns such as issue price of the shares in case of fresh issue of shares and purchase price when the shares are purchased from existing shareholders, but not about gift from mother. How to show the information about the gift of shaers in ITR 3

Is GST levy under RCM if Registered dealer person Purchase scrap on Auction by Police Station ?
Pls. answer

Thanks & Regards

We have purchase a software for HRMS solution, like for employee attendance, salary calculation and generating Pay Slips.
But the they were failed to implement software as per our requirement, and agreed refund the advance amount.

So my question is, what should be the next process for refund ? should I raise raise debit note and after receiving my debit note they will raise credit note or no need to raise debit note, and they will directly issue credit note and refund the amount ?

Directors existence is different from company..company has a separate legal entity...then how the Director's personal finances growth with the company...like Reliance..
Whether they keep remuneration on the basis of that? Like if turnover of a company is 250 crores and Rs.15 lakh per month as Directors'remuneration is decided?
Or there are any otherway of retrieving funds from company?

Dear Expert..

what is the rate of GST on collection of tender fees & whether it comes under RCM or not. As well as what is the accounting codes i.e. HSN or SAC for same.

Regards
Pradeep

We need some guidance from you that one of our donors wants to donate the shares to our Trust.Please answer below mentioned queries.

1) What documents to be taken from Donee?

2) Is it eligible for 80G benefits?-

3) How much time can we keep the shares in our Demat Account?-

4) What accounting effect should be given in books of Accounts?

5) Whether it comes under Donation in Kind?

6) Whether we need to file Form 10BD for the Same?

What is the exemption limit as per Section 10(15) for Interest from Post Office Savings Bank Account?
And also can I claim a deduction of U/S 80TTA for that same if I still have some balance left after deducting the income using section 10(15)?

I would like to know how the perquisite viz; Housing Vehicle should be treated by the consultant who is the recipient, in as much as by the Client the paymaster. Ramifications of GST too preferably, as to whether the contract of the consultant falls under Circular 172 of GST.
Thanks

Can you please tell me saaool heart center pls chk on google its a naturopathy center for heart blockages not compulsion franchaisee taker should be by medical profession.is eligible for gst or not??

Iam running a beauty parlour and all the transactions are entered in Tally. I am recording all the stocks purchased ie.. creams, lotions, moisturiser, etc.. in purchase voucher. But if when i use eg.. a tube of moisturiser then how should i record this entry. its not a sale, but its simply used for facialing of a customer.. pls tell me the transaction entry..