If one discontinue to pay premium for ULIP after 3 years but receive amount after 5 years i.e maturity term. what will be the taxation effect?
What will be the taxation if 80C benefit not claimed?
Sir i want letter format to icai for prior approval for transfer in 3rd year . I want to serve the remaining period of articleship in nepal.
Dear Sir,
One of my client is into consultancy business and he started the business in April 2021. In the month of October 2021 his Gross sales became Rs. 21 lacs and he was liable to take GST registration.
He took the GST registration in November. My query is how will the GST payment be made in such a situation. Will he be liable to pay GST on the entire Rs. 21 lacs and how the Sales turnover will be shown in GST return as the GST certificate was taken in November month but the sale started from April month.
Please help me in this matter.
Regards,
Divyesh Jain
Sir,
Is GST Applicable for Gram Panchayat work example: A is a contractor, he is done the work for Gram Panchayat (cc road, drainage and water system etc...) & If yes, please tell me what is the GST rate ?
Our company wants to buy software from South Korea the delivery to us in Electronic mode (Email/Link Download) please tell us what I Do as per Custom Rule & GST Rule.
Also Please give a document format.
Why there is a difference in the both 2A & 2B
How to resolve
Respected Sir,
I had filled Details of my GSTIN and annual turnover in "Schedule-GST INFORMATION REGARDING TURNOVER/GROSS RECEIPT REPORTED FOR GST" in online ITR3 form, and filed my return. But after downloading the PDF of the filed return, there is no entry in the GST schedule.
Should I file a revised return? Will I get notice for missing entry?
Thank you for your kind advice.
Respected Sirs,
Greetings.
An assessee has dealt in share trading / Futures and options / Units whose turnover is above Rs.10 crores for the Assessment Year 2021-2022. Total Loss on account of above transactions is Rs.2.00 lacs. Other than the above, the assessee has declared an income of Rs.1.50 from other sources.
Whether the assessee is responsible for tax audit under section 44AB of the Income tax Act.
Please clarify.
With kind regards,
Sir,
whether two company can be incorporated under the companies Act 2013, with the same room number and Address?
Sir, My clients woned 3 house property. 1 is self occupaid & another 2 is let out, They are legally owners as per sale deed & loan agreement, but 3 house property totally funded & loan repaid by husband. The rent arise from 2 letout property is deposited to wife bank account, What is the tax treatment of profit/ loss arise from 2 letout house property & interest of SB , arise from house property income? . Is it included in Husband or wife tax computation? Please clarify.
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ULIP SURRENDER TAXATION