Dear Sir .

We have purchased a laptop for rs 57000 and whole amount is paid in cash .will this section 40a(3) will apply and entire value of asset will be disallowed .

2. Secondly we have material purchased for Ra 50000 and Rs 18/percent Gst is charged and whole amount is paid in cash .is amount of gst will be disallow

Hi experts,

What is the amount of EPF deduction from salary if someone's earning 50,000 of Basic + DA?

My doubt is: what is the minimum or default liability as per the EPF scheme of deduction and employer's share?


Thanks

Sir, while filing GSTR 1 of March,2021, instead of Sales Inv.No. (Which were mentioned in Ref.No.), Voucher No. are showing in GST Portal of entire debtors . What is solution now ? Every debtor has been complaining for wrong Inv. No.

Sir,
Sec 44ada professional income it returns filed person income details mentioned below in f.y.20-21
Gross receipts rs:14 lacs
50 percentage profit declared rs:7 lacs
If assess purchase of new dental chair equipment value rs:1,50,000/-in f.y.20-21.
Question:
Assess dental chair equipment value depreciation added or deducted above mentioned declared net profit rs:7 lacs amount in it act.

A Company is selling to its related party Company, TV set at a margin of Rs.25, sale price Rs.10025 and cost Rs.10000. The Company is selling the TV set to its Dealer at Rs.12500 with a margin of 25%. What will be the consequences under income Tax and GST. Kindly clarify.

I have paid professional fees towards Property Valuation fees for my various properties. I just want to know whether is there any RCM Liability lying on my side? Fees is paid to Unregistered Person

Will there be any tax implications on merger of one LLP with another LLP having same designated partners

Thanks in advance

A person dealing in F&O subscribes and pays 30% profit earned in F&O to the person giving the service. Can this amount be deducted as expense along with brokerage expense. What is the impact with respect to TDS. Can it be considered a oral partnership unregistered and hence what is the impact both on direct tax and indirect tax. Kindly guide

Hello experts

I am a CA final old course student and want to convert in new course.

I have completed my following training under old course

1.ITT.
2. Orientation program
3.GMCS 1
4.GMCS 2

I want to know that whether I have to undergone with Advanced ITT and MCS training before appearing in Final exam?????

Please guide me urgently so I can take suitable decision.
Thanks in advance

Is TDS u/s 194Q deducted on High Sea Purchases including Customs or Not

As per clarification GST should not be included, if deducting TDS on purchases