Hello sir/Madam

we are dealing with non GST goods. we have made payment of GST on purchase of Goods which we are having more ITC.

this GST can not be eligible for ITC

my question is whether can we show this ITC as expense in the Books

Thanks in advance

Dear Sir,

We are from Pvt Ltd Co.

We have 2 directors for the company and are Paying Director Remuneration as Rs.75,000 /- pm one director and Rs. 50,000/-pm Another.

Now, kindly let me how much TDS should be deduct on these accounts for how many months??? Is there any Exemption for TDS ??

Plz tell me

Dear All,

Can a Job Worker be registered as a Composition Dealer under GST?

Regards

Shoeb

Good Morning
I want to ask if the loan is taken from bank for education in Aboard in the name of student and interest is paid by his mother from her bank account, the Deduction u/s 80 u is applicable for his mother while computing her Income.


Thanks & Regards
swapna

Dear Sir,
From 01/02/2018 e-way bill is mandatory for interstate transaction. However as per the rule supplier buyer as well as transporter can also generate the e-way bill,

Also rejection & acceptance option is available therein,

Pls clarify :- assume i'm supplier I want to generate the E-way bill. My doubt is :- whether I will generate this bill in the GSTIN of buyer or I have to generate in my GSTIN,

Pls clarify.....

Thanks
Rohit Chandra

a person earn from agriculture and he want to apply for Loan. Can he file own Income Tax Return? Because Bank wants his ITR

We have paid GST on RCM in the month of Dec, now we need to claim the credit. Can you please explain how do i need to claim the same.

Dear Sir,
From 01/02/2018 e-way bill is mandatory for interstate transaction. However as per the rule supplier buyer as well as transporter can also generate the e-way bill,

Also rejection & acceptance option is available therein,

Pls clarify :- assume i'm supplier I want to generate the E-way bill. My doubt is :- whether I will generate this bill in the GSTIN of buyer or I have to generate in my GSTIN,

Pls clarify.....

Thanks
Rohit Chandra

While preparing financial statement of private limited company, whether LC and BG outstanding at year end should be shown in contingent liability. Suppose LC opened on 28th March, 2017 for 90 days, which is paid in time and before preparing financial statement. Should it be shown contingent liability ?

Whether Section 134(3)(m) READ WITH RULE 8 of COMPANIES (ACCOUNTS) RULES, 2014, on Conservation of Energy, Research and Development and Technology Absorption and Foreign Exchange earning and outgo is applicable to all kinds of private limited company like Trading, Service and Manufacturing or to only Manufacturing Company only.

Can anyone share extracts of rule or guidance note on same ?