1. I am in Maharashtra. I was Regd for Prof Tax in Last FY 18-19 when I was working and was Regd for Prof Tax and same was paid in full. I am a Tech Consultant. I file ITR4A.

2. In Current FY 19-20, I am not working as I am doing a fulltime course from Mumbai Univ. So have No Consulting or Salary income. I was told that de-registering an dlater registering is tedious process.

Query:
Do I need to pay Prof Tax in Current FY 19-20 even though I am not having any Salary or Consulting income? I am filing NIL GST returns.
As and when I start working, I can then start paying at Rs 200 pm for balance months in FY.
Is above acceptable as per Prof Tax rules?
Please let me know asap.
Thanks

we are having partnership firm. One of the partner is US citizen (NRI) since many years and not active partner in business.

We would like to lease a property on long term basis. However, NRI partner is objecting for the same

Can he be eligible to object the decision taken by other active partners ?

Sir
I want to know the means of unlisted shares to be quoted in ITR 2 for the AY 2019-20.
My client is a director in pvt ltd and holding its shares . It means he has to declare it in the form? Am I right. Pl advise.
Regards
Sanjay

Dear Sir,

There was a partnership firm of 2 partners in which one partner died.

There are large amount of debtors in the books of accounts of the firm.

The firm is planning to admit a new partner in the firm.

What can be done to avoid closure of bank account of the firm since there are many sales bill issued in the name of the firm and the amount is pending to be recovered.

How do we proceed further.

Regards,
Divyesh Jain

1) SIR WE PAY TDS GST ON GST PORTAL WHICH WE DEDUCT FROM OUR CONTRACTORS BUT TDS GST CERTIFICATE IS NOT GETTING GENERATED ON PORTAL ONLY FEW CONTRACTOR'S CERTIFICATES ARE GENERATED KINDLY GUIDE IN THIS MATTER PLEASE.

2) WHILE PAYING TDS GST WE PAID CGST AND SGST WE PAID SGST BY MISTAKE IN EDUCATION CESS KINDLY GUIDE US HOW TO CORRECT THIS MISTAKE PLEASE.

Hi,
Supoose Mr. A has started business with capital of Rs.1 Lac and invested in purchasing stock for his shop.
He almost invested his capital in purchasing stocks only. How record this entry in balance sheet.
As liability side is showing greater amount than assets side.
PURCHASE 200000
SALES 230000
CLOSING STOCK 48000
MISC. EXPENSES 39000
NET PROFIT 79000
OTHER INCOMES 40000


CAPITAL 100000
FURNITURE 15000
CASH 31000
NET PROFIT 79000
CLOSING STOCK 48000
DIFFERENCE 85000




WHAT IS MISSING IN THIS BALANCE SHEET , PLEASE SUGGEST ...

Hello dear experts,In Gstr3b tax free purchases amount is wrong filed and March return is also filed so can I correct it in Annual Return GSTR9C ?

My father sold a property in July-18, He died in Jan-19, some part of consideration recd from property was distributed among 3 brothers & mother ,
q- Can I file return on his behalf as legal representative , ( I am the youngest son)
q - Can I buy a new property in my name as legal representative and claim exemption under long term gain
Kindly clarify
Regds
Ramesh

My query is that if a lady is in government job and she gift the 150000 to her husband and her husband deposit the amount in PPF account and his husband is eligible to deduct the amount in 80 c and this is not violate any law of income tax or not Please guide.

Hello,
If person has surrendered his GST Reg. in FY 2017-18 and turnover during that period exceeding Rs.2 Crore in that case whether he is liable for GST Audit ?
If Yes, then how can upload annual return GST-9 and GST-9C as registration surrendered and not able to login in GST Portal.