Hello,

My query is that if I have a firm registered in 2016 and now If I want to change the name of the firm on the SSP Portal, what would be the impact on its MEF Empanelment and whether My old standing will still be considered or not.

Thanks in advance.

if 1 individual has 2 completely different businesses where voluntarily GST Registration has been taken for 1 business and total turnover of both businesses is less than 20 lac then is there any compulsion to take registration for another business too ?
because as per me only Total Turnover point is mentioned in law for registration

When we used excel based ITR-6 provided by the ITD site, json file of ITR is generated but at the time of uploading json file on ITD portal, it runs validation and shows error "Invalid hash value identified, modification to ITR details outside utility is not allowed". Is there any solution for rectification of this error. I prepared ITR multiple times but getting same error. There is no customer care, raised multiple grievances online but no reply till date.

Dear Sir,

My father expired 2 years back and he was having a bank account in which I am the joint holder in the account.

Can I keep this account operational and show it as my account under Income tax while filing return. I am the second holder in the account.

Regards,
Divyesh Jain

IF I RECEIVED DIVIDEND FROM COMPANY ON IDCW PLAN & REINVESTING THE SAME IN MUTUAL FUND THEN WHAT WILL BE THE ENTRY

Whether GST is applicable in the case of building premises rent to government school children

We have wrongly taken the igst input in the month of july 2017 which has been reversed on December 2017 but the full amount has been unutilised during the period. (Sales/ turnover figure has been wrongly entered in the igst input head under 3b)

Gst department has issued notice for the interest payment during the period

Please provide any solution. very high amount has been demanded as interest

Thanks in advance

Whether GST is applicable in the case of building premises let to government school children

Dear Experts,
I have a query regarding the foreign exchange transaction booking.

We pay a vendor in the US in US dollars as an advance payment (Advance for 3 months work) for the services they will provide us in the coming months.
They send us the invoice monthly and the exchange rate is different so advance cannot be fully settled with the invoice they send us.

My question is how can we settle the advance payment with the invoices they send us as they send us a monthly invoice and the advance payment is done 3 months advance.
Should we settle it at the end of the year or every month or every 3 months using foreign exchange gain/loss account?

Many thanks in advance.

Regards,
Santosh

What are the tax implications from Income Tax Point of view