what is the meaning of arm's length transactions?

Dear SirI am managing director of a pricate limited company. I am willing to purchase a land in the name of the company. Now the revenue department is asking for a board resolution stating that I am authorise to purchase the land. But my question is I being the managing director am I not eligible to purchase the said land without submitting any board resolutionthanks in advance

I am unable to get ITC for september as there is Save/Action on Counterparty Error. I am unable to update invoices of purchase in GSTR 2. Please advice.

There is an error message displayed as Save/Counterparty error since 2 months for GSTR 1 . I am trying to file for August and September but its failing everytime. Please help to rectify it.

Dear All Good day 1.)My CTC is 50000/-pm in which (Basic is 30000, Hra is 10000, Other Allowance is 2000 + Conveyance Reimbursement Expense 8000). 2.)Company gives two cheque first as salary(Rs 42000) and second as Conveyance Reimbursement Expense(Rs 8000) so my querry is that theses Conveyance Reimbursement Expense 8000 consider as part of my income if no then how?

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We, paid salary to our employee for the month of Sept.17,on 07th Oct.17

His salary structure is below

BASIC 20000
CONVEY. 5000
PROFESSIONAL CHARGES 25000
TOTAL GROSS SALARY 50000
LESS P.F 2400
NET SALARY 47600

IN ABOVE CASE CAN WE ARE LIABLE TO PAY GST ON PROFESSIONAL
CHARGES FOR RS.25000/-

YOU ARE REQUESTED TO GUIDE US

THANKING YOU

RAJKUMAR GUTTI

respected sir,
what is the permissible cash limit as per income tax act in case of purchase of agriculture land and cash payment is made directly to kashtkaar (farmer in whose name land is there).... he is having bank account... rs 20000/- is the permissible limit.... contradictory some are saying rs 2 lacs is the limit if payment is made directly to kashtkaar(original agri land owner)... please clarify...
(my no is 9462563025)

My residential Address and Business Address same so at time of GST registration My Business premises Address need to fil so which documnet i file (My residential Home provided By NTPC (NTPC COLONY) So which document i can filled...bcz no electricity Bill comes no muncipal tax paid a lumsum amoint deduct frm my father's salary per month. so plz plz plz guide me which ID i can use or paper?

Can Someone please let me know about the computation of TDS In Case Of Salary income?

Hello, one of my clients is an exporter of books and they get foreign remittance in their bank.

They then buy those books from a third party and this third party also ships the books to my client’s customers in the US and bills my client. Now because this billing is local billing but it’s for books which has no GST, should my client get GST number?