What will be the married daughter status if father dies before the Hindu Succession (Amendment) Act, 2005. Please clarify in details. Thanks in advance.

As Per Companies Act 2013 in Balance sheet under current assets Inventories are shown, which inventory is this closing balance of last year?
In profit and loss account three entries are shown1)Cost of Material Consumed 2)Purchase of product for resale 3) changes in inventories of finished goods, work In progress, and product for sale is this for current year up to February or before 3st march?
I have searched google for changes in inventories, wip it says the same is produced previous financial year how same is adjusted in this year? this item particularly shown in auto sector companies. Based on this how to do fundamental analysis, if want to make Discounted cash flow statement then how to make, can anybody guide with example?

Dear Expert

we observe that most of company dot show IGST in case of export with payment as it refundable from gov & not recoverable from export purchaser party

is it correct i have doubt on this

Dear Expert

1 my query related to RFD 01

first of all I should put taxable value as per commercial invoice or as per shipping bill fob value as clarified in twitter handle by CBIT in case of export with payment of tax

2. in case of Export without pay Invoice value should be as per commercial invoice or shipping bill as tax is nill in shipping bill however Taxable value is diffrent due to exchange rate

if i take as per shipping bill fob Value & invocie Vale value differ due to e xchange rate taken at different rate

should we should folllow same in gsr 1 of table 6

Please clarify

Hi Friends,
The Input tax credit against any tax invoice pertaining to FY 17-18 can be claimed up to the last date of filing GSTR -3B of September month of FY 18-19 or annual return of FY 17 -18 whichever is earlier.
In my September Month return I have claimed Excess or If the amount is wrongly incorporated. can i rectify it in Subsequent months return?

I am a manufacturer and have been issuing HSN Code invoices till date. However for a recent Job work contract I have to issue a service invoice, Can I do so? If Yes, Can I include both HSN as well as SAC Code in a single Invoice for providing goods as well as services?

Hai,

My friend is an engineering student earning salary and he sent some 40000/- per month to his fathers saving account.
Whether his father has to pay Income Tax on the receipt of 40000/- per month from Son.
What are the papers that need to be filed to Department to confirm that payment is received from son and Employer has already deducted Tax from his salary.

Thanks In Advance

Dear Expert,

is there any case law in relation example mentioned below : -
Example : -
Assessment of ABC company was completed for A Y 2015-16 in which addition was mate u/s. 14A or other issue , which was deleted by ITAT and against which department has not filled appeal till date.

and now assessment for A Y 2016-17 is under going and same issue was raised by Ld. AO, However we have argued that same issue was raised in A Y 2015-16 and deleted by ITAT but AO is not considering the same and asking for addition . .

My question is that why to follow the same procedure if same issue is closed once hence i am asking that is there any case law in favor of this position so that procedural aspect will reduce our tax and compliance burden. .

Thank You in advance

A assessee is paying Rs. 80,000 via fuel card(He will recharge the fuel card and give it to transporter) and balance Rs. 20,000 via cheque to a GTA for Transportation via Road.
Q1: RCM will apply on Rs. 20,000 in GST but what will be the GST implication and accounting treatment of Rs. 80,000?
Q2: If the assessee gets cash back of Rs. 200 on the fuel recharge whether the same will be treated as an income of the assessee?Else whether the cashback should be reduced from the feight expenses.
Q3: In case to be reduced from Freight, GST will be paid on the full payment in respect of the GTA without deducting the cash back?

Hi Sir/Madam,
I am getting registration in GST. I have my place of business in rented premises. as a proof of place of business i have to upload Rent receipt with NOC.
I want to know the validity of NOC. Whether I should make it on a STAMP PAPER or on letter head.
Please guide.


Thank you