Dear Sir/Mam,
I Want to know that. In case of goods billed to customer more than 50000 and he received the said goods by hand. The supplier is in uttar pradesh & the customer Is Delhi. He received the said by coming in uttar pradesh and use his personal car for transport. In this case e-way bill is compulsory or not. IF Yes then also tell me E-way bill Part-B is mandatory to filled. P;ease tell me as soon as possible
Thaxx & Regard
Amit Bhardwaj
7428296061

.I want to gift 15 lakhs to my own HUF. Will this 15 lakhs will be treated as the income of my HUF ? When the HUF invests this fund in Bank FD, will the interest recd. from F.D. be added to my income for the purpose of taxation ?

Respected Experts ! In GST for ITC-04 while filling sheet Mfg to JW Taxable Value of the goods to be sent to the Job worker is asked. But as the goods can be transfered to the JW without the payment of Tax. Then what Taxable value to be written there. Plz Guide.

Hi Sir,

I have a problem related to treatment of "Loss of capital in case of partnership firm". The background of case is as follows:

I am a salaried person, parallelly I am a partner in a partnership firm from Fy 16-17.Now in April I sold my share at loss to another person who is an incoming partner. Why I am saying a loss is because the Capital introduced is more than the value of my share sold.

Now my confusion is against which head of income should I set off this capital loss. As we know that loss of partnership firm is set off against the same head but this case is different due to my discontinuation from the firm as the partner.

Appreciate your expert advice.

Warm regards,

shall we capitalize expenses to purchase stock??

for example: timber purchased from farmer and expenses towards paid forest permit, cutting, freight, labour, etc. because upto now we didnot start sale of timber/furniture. can we capitalize to stock with above expenses>>??

Dear Sir,

My Quarries regarding Purchase of Material from Party via Jobwork done by another party... to briefly discuss.... Mr.X purchase from Mr. Y but Mr. Y sent goods to Mr.Z for Jobwork Purpose and Mr Z Delivered Goods to Mr.X directly, here Bill is booked in the name of Mr.X.

Now my Quarry is which document is required to complete this transaction and E-way Bill Prepared on which name?

I had traded in Derivative Instruments(Nifty F&O) via recognized stock exchange( NSE) and STT was also paid. As it comes under business activities, in my ITR filing I offset the loss in F&O against my traditional business income along with an audited balance sheet.
After that IT dept. sent me a notice and my advocate prayed for a rectification u/s 154; now the IT dept has rejected that and have sent a demand notice.
In this circumstances, what should I do next?

Up to 3rd quarter i make payment of Rs. 76000 (18000+12000+26000+20000) and TDS is deducted @2% on Rs.76000 in 3rd quarter and Tds return is filed successfully for 3rd quarter. in in next quarter i make payment of Rs.8500 to same person.
my question is that whether Tds is deducted on Rs. 8500 or not ? Please help me with this regard.

I have running advertising business in Hoardings. I am purchasing hoarding from some one for the period of 1 month or one year. I deducted TDS as per 194c up to 31-3-18. Now some one insist that, TDS to be deduct as per 194I or 194IC.Please give me a correct suggestion

Dear Sir,
In light of said notification, I wish to ask that, suppose recipient and supplier are from the same state then supplier would charge .1% igst
or
.05% cgst
.05% sgst