Dear Sir,

What is the standard deduction of Rs. 40,000/- ?

who can avail this benifit?

I am employed in a pvt. company and my gross salary is 27,000 per month can I avail this benifit ?

Can we have two series of bills under gst like for b to b invoice numbers series and different invoice numbers series for b to c

Respected sir

we are in the business of promoting goods and services of others by distributing coupons .promoting the goods and service of others through discount card programme.

when any customer have balance of 500 points , they can make payment by 500 points only and no cash required.
that 500 points will be credited to freedeem cash a/c along with 5% extra .
for ex:- if customer reedeem 500 points , businessman will get 525 freedeem cash.

that can be used by businessman in two ways :-
1) they can topup their prepaid account
2) they can ask for payment from us.

i want to know whether any GST & TDS ARE APPLICABLE ON THE SAME .

PLEASE SUGGEST HOW ABOVE TRANSACTION RECORDED IN BOOKS

How to file IT return for a person who is holding shares as a trader in cash segment not F & O?

Dears,
I have a question.
1. how to make invoice if buyer same state but delivery of the material out of india?
2. Which tax applicable SGST+CGST or IGST ???
3. Applicable Tax Rate ??? assume tax rate in state is 18% as per HSN code if we supplied in india.
4. Any provision of duty draw back applicable to us???

Hi All,

I have come across a case where a Assessee was intending to open a new Sole proprietorship firm and for that purpose opened a bank account in the name of the firm to apply for loan in the name of the firm. However since the business did not run well in the 1st few months of its intended formation the operations were suspended. The firm did not have a PAN number and there are few income credited to the new firm's bank account. How should this income be treated?

Should this income be considered in the Sole Proprietor's income?

Please assist on the above.

Some query at time of filling annual return ,We had made sale in FY-2017-2018 in month of march .but same sale not consider in month of march in 3B and also GSTR 1 , same sale also consider in month of June 2018 3B and GSTR-01 Return and also paid the liability of same.So we not understand how show the same sale in Annul Return.I requested Please provide reasonable solution regarding the same.

I have purchased a Truck and availed term loan from Cholamandalam finance with EMI. I have paid the dues as per the EMI only. In my audited profit & loss account I have claimed interest on Term loan for the assessment year 2013-2014. Now there is an audit objection from IT department that the assessee is failed to deduct TDS on interest paid to Cholamandalam. Pls. suggest what to do in this situation.

Sir
My client has not shown his pension income by mistake in 3 yrs. He wants to get the return revised to show that income.

1..Can he revise it?
2.. If he want to show the pension amount of last 3 years in the AY 2019-20 while filing his return, Can he ?
Pl advise.
Regards

RESPECTED SIR

we provide free service for 30 days to new business registered on our application
whether any gst payable for the same ?