if company distributed divided in particular FY, will this effect calculation of bonus, if Yes please share calculation sheet.

Dear Experts,

i am a tax consultant , i have received many receipts in my current account for govt tax payments whether income tax, GST, MCA etc.,, payments .

clients as a normal practice send amount to my current account , after i will made payment on behalf of clients from my current account , to various govt payments,
now my query at the time of receipt under which account i will the amount received for payment, Kindly please clarify in Detailed.

TDS On Business Promotion Expense - Is It Liable for TDS ,IF Yes then which Section , IF Not Reasons or Case Laws if any !!

one co-op.society has neither deducted nor deposited tds on labour TAR n ITR are uploaded, during current year tds with interest will be paid. what other financial and accounting consequences may follow

Sir ,
for GST Registration of grocery shop ,under composition scheme ,category of registered person is being asked.

Option are as follows-
1) Supplier making supplies referred to in clause (b) of paragraph 6 of schedule II
2) Any other supplies eligible for composition levy
Sir from above which option to select.

It is a partnership firm tax audit of which has got delayed. Whether penalty will have to be paid before filing the ITR-5 for ay 2018-19 or whether shall be paid later. Further I would like to know the method of working of remuneration to partners if the nett profit is arriving as at less than Rs 3 lacs and if the nett profit is exceeding Rs 3 lacs.

Nett Profit less than Rs 3 lacs
Nett Profit more than Rs 3 lacs

Can we provide interest on capital also after providing remuneration ?

Please guide me and oblige.

Hello

I am a Director in a Pvt. Ltd. firm. The firm already has a loan exposure of Rs. 1 Crore. The firm is not able to meet its working capital requirements and because of it is incurring a loss of Rs. 2.5 Lakhs on a monthly basis. The firm's bank is not giving any further credit facility to the it. There is a property which is registered in my father's and uncles' names. Can we take Loan against that property and use its fund in this firm? If you have any other solution which can help me out in this matter is welcome.

Hello

My father and uncles jointly own a property. They want to register the property under my name. Do we have to pay any Stamp Duties in this case?

Our Co-operative society is registered before 10 years few works were pending in that condition builder has hand over, later society has claimed appro 90 laks for pending work(no such amt. was provided in society books) and file suit, now society and builder agreed to settle issue out of court and builder agree to pay Rs. 30 lakhs and will deduct tds @ 10% as full and final settlement which society agreed. In which head we should take this settlement amount so it dose n't affect society income tax liability ?? can society consider as capital receipt and no tax ?? where it doesn't hit society income and expenditure account or any other idea/ suggestion you can give as society is in process of accepting full and final settlement of the entire claim of the Complainant society against the Developers. If one can give case law in support of rely will be appreciable.

While filing the GSTR1 OF JULY 17 Tax Invoice entered AS 01/18-19 AS off line AND Another as 01 ON LINE of the same amount And both invoices were UPLOADED ON GST PORTAL. But in GSTR 3B amount of only one bill was entered AND Liability was calculated and paid accordingly BUT this mistake could not be RECTIFIED/AMENDED while the filing the GSTR1 OF SEP 18 . However the receipent has claimed the itc on only one invoice . how to show the invoice value IN GSTR9..The turnover the registered person is below 40 lakh only