Dear Friends,
I would like to know when the HSN No.85444290 was added into Customs Tariff. I have verified finance bill for the years 2019, 2020 & 2021 and could not able to find. Prior to 2019 this HSN was not there.
Can any one help me on this. Also advise me is there any other sources, other than finance bill / DGFT notification to find out the changes / additions in HSN
Thanks in advance
I was working out from India in Germany from July 2017 to Aug 2021. Now previous FY I filled my Income tax as NRI. From September I started a job in India.
For this FY when I will be filling the income tax I got to know since I am Resident I also need to show income earned in Germany. Germany follow tax year as calendar year (Jan-dec).
So while filing I will be showing the salary from Indian employer. Now when I need to add another entry in Schedule S for salary earned in Germany, Should I be showing April - August or Jan- August. Can you please also link me to the official document
Dear Sir,
Lets Tax Liability Rs.10,00,000/- if I go to HC then How much amount deposited to appeal ?
1. 10% OF DIPUTED AMOUNT (Rs. 1,00,000)
2. 20% OF DISPUTED AMOUNT ( Rs. 1,80,000)
3. FOR HIGH COURT?
Sir,
It assess three service incomes received
1. Fees income from clinic
2.income from pharmacy store(sales of medicines)
3 rental income from mini functional hall
Question:
Assess how to maintained procedure accounting records(separately) above mentioned three services
A Trust Registered under Section 12AA makes a corpus donation to an Unregistered Trust. Whether this contribution would amount to the Application of Income?
Explanation— Any amount credited or paid, out of income derived from property held under trust, to any other trust or institution registered under section 12AA or under section 10(23C)(iv)/(v)/(vi)/(via), being contribution with a specific direction that they shall form part of the corpus of the trust or institution, shall not be treated as application of income for charitable or religious purposes.
Dear sirs,
I am Indian, sr. citizen, having income from rented property. I stay at house in different city.
My son is working overseas. The subsisting L&L was executed by my son who was here. Now it will be new agreement to be executed by me.
If son continues to pay rent renewal, what will be the IT implications. He not NRI as yet.
A line of reply will be appreciated.
Recently a person from USA contacted me to sell Mahatma Gandhi 1 rupee coin which was released by government of India in year 1969. He offered me 3 lakh US dollars for bunch of coins. which is 2crore 20 lakhs approx in our country. I also want to clarify you that Iam not a regular seller of this coins I just had bunch of coins at my home, even I too dont know where they are from. I just want to know answers for this questions .
1) Is this sale of old coins legal or illegal ?
2)If legal can i send this through Indian post courier service ?
3)How will you suggest him to transfer money ?
4)How much tax should be paid to government after he transfer money to my account ?
Dear Sir,
I had not shown Salary expenses of Rs. 1 lac in my Profit and loss account as there was not much profit earned during the year. I showed it as Advance Salary paid.
I want to know whether this Advance Salary can be booked as expense in future years to come when I want to adjust excess profit earned during the year.
My return is filed under Section 44AD.
Please help me in this matter.
Regards,
Divyesh Jain
What is the Business code number for Money lending and LIC agent in ITR3
Hi Expert,
We have got order from EOU unit, & we have to claim refund of GST vide notification 48/2017-Central Tax dated 18.10.2017, but in same transaction we are going to import duty free goods under advance authorisation. so can we claim dual benefits of GST refund and duty drawback import under advance authorisation.
HSN Clarification