Dear Sir

We have to write off the realisation of export proceeds for which we need to submit CA certificate to AD bank. I am unable to find right format online. Can someone here help me with exact format.

Thanks & regards

Mansi
NRE

Dear Sir/Madam,

Good Afternoon!

Please Share Accounting Entry For Below Transaction.

We Have Export Plastic Recycling Machine Blades As Sample (Not Sale). Now We Have Send Material By Air And We Have Issue Invoice With Regular Sales Invoice number Invoice Value Is 250USD And INR 18,263.00.

So my Question Is How Can I Am Pass This Sales Entry (Because Its A Sample Material) And Also Can I Show This Transaction In GST.

Dear Expert,

My client is failed to file the nil liability of Gst return from July 2020 to till the date . while filling the return on 01-06-2021, Rs.5080 is interest appear in only July 2020 return.
My question is whether the amnesty scheme will be applicable for us or not
Kindly guide us .
Thanking you
Prem Chandra Thakur

Is Section 44AD (Presumptive Taxation Scheme) applicable to full time traders involved in the trading of Futures & Options?

Respected experts,
I have EPF A/C which was started in the year 2018. And my employer deposited epf amount in EPF A/C in the March 2020 last time as lost the job due to COVID-19. After that i am doing temporary job . Kindly let me know should i withdraw such amount or keep it like that ?
Thanks in advance.

In the case of a joint account with 2 holders where interest exceeds 10000 in a Financial year, how does one show the interest in income tax returns?

I read somewhere that it must be logically the first account holders.

A/C Type is: Either or Survivor

Since TDS is not deducted in the case of Savings Bank Interest, can one show it in the name of the second account holder (if funds actually belong to that person)?

Respected Experts,
I am cs professional qualified and doing my practical training under a PCS firm in Hyderabad. Along with corporate laws i am interested to make my command on taxation part so that i can do practice in it also. Kindly guide me in this regard.
Are the Certificate courses conducted by ICSI beneficial such as certificate course in GST, FEMA etc., in such courses do they also tell how to file different forms under GST , FEMA ?
Kindly let me know thanks.

Can partners get int on capital at different rates - assume 2 partners
Like one at 12%
Another at 6%

The deed says int on capital is paid as per provisons of income tax act

I filed return in July 2020 in ITR 1 for F.Y. 2019-20 and there is refund amount in my case. While afterwards i got to know need to file return in ITR 2 instead of ITR 1 so i revised the return on 30 nov 2020. The ITR processing completed on 4 dec 2020 for Original return (ITR1) and refund amount has been duly reflecting in 143(1) but no refund has been received and no revised return has been processed yet. Could anyone please suggest here.

Hi Sir,
I have one query, I have filed the last year return selection under section 44AD instead of 44ADA, but in current year I have filed u/s 44ADA, in future, will income tax department issues notice or is it ok.