A Pvt Ltd. gave loan to another Company around eight years back.
The rate of interest claimed is around 11%


Such another company deducted TDS every year on interest payable

In books of Pvt. Ltd. Company, the amount of interest recoverable
has exceeded the amount of original loan as the another company has not made
any payment since the date of receiving loan neither towards principal
nor towards interest.

Please advise whether it would cause any problem for Pvt. Ltd. Company giving the loan

What will be the Minimum and Maximum Bonus for the FY 2006-07. If the Employees Basic Below 10000 and Worked for 2 Months.

Please do the needful.

Dear Sir,

I have worked for 2 years in Ethiopia ( East Africa ). As per the bank rule you have to come personally to do sign to open an NRI Account in Bank. I have transferred my salary every month from ethiopia to india. Now as per the bank rule you have to open an NRI Account under NRI Account there would be 2 Sub accounts NRE & NRO. Now after opening an NRI Account if i want to transfer money i have transfer it into NRE Account. and whatever i had transferred before opening NRI Account that amount would transferred to NRO Account. In NRO Account they are saying 30% tax will be deducted flat whatever the amount of interest comes.

Suppose i have transferred 25 lac, what should i do to save the tds on interest which is flat 30 %.

dear sir may client has paid rent of april 2018 of rs 50000 per month then he has to paid gst on 18% of 50000rs.

Dear Team,

Whether Online or Manual filing of Income Tax Return of ITR - 1 and ITR - 4, for the AY. 2018-19 has started or not??
If yes, please guide that ITR - 1 and ITR - 4 are online available on any site?

please do the needful.

Dear Sir,

if I pay driver's salary amount-20000/-pm ,what this amount rebate in income tax.this is not part of salary.
2-we received conveyance allowance 40000/-pm ,we can rebate in income tax this whole amount.

One of my client has forgot to charge GST in the month of August 2017. As service is taxable under GST, now what to do? My question is - (a) Whether I will amend the invoice with GST or issue a debit note? (b) Whether I should add the taxable amount of those invoices with the taxable amount of March (as GSTR 3B & 1 already submitted) and along with payment of interest? (c) Should I show the invoices of August in amend section in GSTR 1 of jan-march ?? Thanks in advance

What is the HSN & GST Rate on Car's Seat Cover, Seat Cushion and Mattresses.
Where these items will fall under HSN 9401 or 8708???

Dear All

What is the current threshold limit of number of employees to take mandatory registration for EPF

Also is the current threshold limit of "Basic Salary+DA" for EPF deduction and deposition.

Providing some notification would be much appreciated.

Regards

What should be the treatment of Insurance claim received on account of :
1. cost of Goods lost in fire, theft, flood or riot etc.
2. cost of repairing of building, furniture, motor vehicle
3. cost of vehicle lost or other moveable capital goods lost
Is claim filed an actionable claim or it is a supply of servie/goods or not a supply at all ?