Dear Members and experts.
Can you help on this.

How many companies (mostly MNC) do you know take benefit of section 10(10cc) of income tax act.
Means Provide non-monetary benefits to employees(expats etc), Pay tax on the same. But do not gross-up the tax multiple times.

Before sodexo pass case, multiple grossing of tax was a in practice.
And How many of you are of the opinion that tax on salary (not perquisites) paid by employer is a non monetary perqusite.

I just want to know the practice being followed in the industry.

Regards
Puran Dangwal

Gst registration form can i edit jurisdiction Commissioner Division and range.
Ward.new Gst registration completed. Submit all detail and number also provides

Dear experts
Agriculture income from sale of green tea leaves to be considered under which business head in computation

Hello
i want to know is i hav to pay tax if i won international lottery say around 100 cr and i want to transfer that money to my indian saving account can i do and what amount of tax i have to pay is it legal after tax deduct i can use that money for investment or other way

Facts: The bank on the basis of audit objection before finalizing Final Accounts, made entry in the books for F.Y. 2016-17 in july, 2017. My question is that: 1) Since final accounts pertains to F.Y. 2016-17, then bank has to make entry (even the entry is made after balance sheet date) on the last date of balance sheet date i.e. 31.03.2017 as it is related to the F.Y. 2016-17, 2) If it is made after balance sheet date i.e. in july, 2017 for F.Y. 2016-17, then how auditor can say that books of accounts for F.Y. 2016-17 are in agreement with final accounts as it is actually not since entry is made after balance sheet date.
Please post your opinion.

dear all
can share broker take benefit of sec 44ada. and file itr4s..
thanks..

Dairy Don paid an input tax of Rs.25. They charged Rs.600 plus GST to their client. Assume the GST is 5%. What is the input tax credit?

A)25
B)30


A manufacturer bought Raw Materials worth Rs.500 to make pressure cooker. Assume the GST is 18%. The manufacturer would have paid GST of Rs.90. He decides to sell it to a distributor at Rs.800 plus GST. Then the tax on it work out to Rs.144. How much can the manufacturer can claim input tax credit?

A)54
B)90

I have gst registration, my commercial property is rented out for 3,80,000.00 per annum, what is the tax liability for me

Facts:
One of our client having a registered office at say (A) have been awarded a contract for facbrication & supply of materials required for busses, these buses are to be fabricated in the premises of the receipint itself say (B).
Query:
1) Wether my client needs to ammend his GST registration and include the repients place as his additional place of business.
2) Wether he can issue 2 seperate bills ie bill for Labour charges recovering GST @ 18% & materials bearing GST @ 28% or wether he has to issue a single bill for supply of Busses bearing 28% GST.

1) About 15 years old Airconditioners used as business assets in a mfg unit sold to scrap dealer along with ducting and piping. Would like to know what percentage should be levied on such scrap sale amount.

2) Secondly old computers and its accessories /used furniture and some MS scarp sold to Bhangar wala at a lumsum price. what should be the amount of GST to be charged on such sale value