Can anyone tell me the amendments applicable for nov 2018 attempt for CA final financial reporting Actually I took class of Parveen Sharma sir in apr batch 2016 Can anyone tell me amendments relevant to this gapKindly mail me at given email for respective queryarifalucky@gmail.comThanks

I have been working outside of India since Nov 2016. It has been almost 1.5 years now. So my status has changed to NRI.
Now I am moving back to India in May 2018, how long will it take for me to be Resident again?

And also, could I invest in PPF once I come back or I can invest now also?

Should HSN wise summary Table 12 of GSTR1 have both inter state as well as Intra state sell to be shown or only Inter state sell?

sir i want to know that can i make a sale invoice bill to a registered firm whose proprietors unsecured loan in my firm i want to make sale invoice against unsecured loan please suggest.
REGARDS

Hi 

I have a doubt regarding charging section 22 for income from HP. Where HP is used for the purposes of own business then it will not be taxed under sec 22.

What does used for business mean? Does it mean as cost reduction apparatus like used a storage etc or a profit making apparatus like let out on lease? Does it mean a passive use like held idle as stock in trade or an active use? Due to many decisions taken by the courts I need clarity on the interpretation. 

ABC pvt. Ltd entered into a joint venture agreement with a private party say mohan to construct apartments in mohan'S land and then share profit in the ration of 40% and 60% for mohan and ABC pvt ltd respectively.

on FY 14-15 they had turnover of 1.5 crore from transfer of apartment but the company had not paid any single amount to mohan..

qts

1) who had tax liability ?
2)is mohan liable for capItal gain tax ?
3) compute the tax ?

Sir,
I am a post office commission agent . I am havng Rs.45000/- for A.Y.2017-18. I have filed my return on 01/04/12018, ITR - 2, U/s.142(1).
I wil get the above refiund or not. There is any way to possible to get my refund. Kindly guide me sir.

Sir,
my client is into trading proprietory business and has given a commercial property which is on his personal name on rent and he has charged GST on the rental income.

however he has shown rental income under the indirect income in business p&l account . which increases the business NP.

he had done so , to settle the liability of GST arising out of rental income against business income as he had raised invoice under the same GST number of the proprietor.
though it is income from HP , how can we show it as business income ?

Dear All
XYZ is Company, ABC is Distributor and RRY is retailers

XYZ supplies 10, 00,000 materials with 28% tax i.e., 2,80,000 to ABC Distributor
XYZ directly gives Zero Coupons to RRY retailers
RRY come to Distributor and taking 10, 00,000 materials with Zero coupons
XYZ gives credit note to ABC distributor 10, 50,000(with 5% margin)
The above transaction only 25% of all Turnovers, remaining 75% is normal transactions
Now doubts
1. Is the above transaction right as per GST ACT
2. If yes when can I utilize the above 2,80,000(input) because every month I am getting excess input only
3. Is there any process to get refund for my input tax value




PURCHASE 4000000 Tax@28 =1120000-- A

SALES WITH 5% MARGIN
75% NORMAL TRANSACTION 3150000 Tax@28=882000--B
25% ZERO COUPONS 1050000 Tax@28=0--C
Total output tax(B+C) 882000--D
BALANCE EXCESS INPUT (D-A) -238000--E


please give reply as early as possible

Hello Our company used to import for which we are required to pay ocean frieght,inland charges ,destination charges...now our company makes the payment of such expenses to our agent Mr.krishna in his personal account after deducting 1% and mr Krishna makes the same payment to a logistic company on our behalf..we got the bill of logistic company in favour of us..so the question is we have done it correct by deducting TDs of Mr krishna1% or we should deduct TDs of logistic co @2%...