I have a query about allowance on an expenses in income tax act. If an employee buys medicines for personal purpose and get reimbursement from company, is it deductible expenses for company and what is treatment in the hands of employee, is it taxable for employee.
If we have claimed more deductions than what we have.. Is it possible to get income tax refund from AY 2017-18 onwards?? Because Dept is issuing notices u/s 143(1)a which asks about clarifications for such excess deductions!!
I AM CLOTH MERCHANT. MY SALE IN LAST YEAR IS 40 LAC AND IN THIS YEAR UP TO TILL DATE TURNOVER IS 18 LAC. NOW I WILL APPLY FOR GST IN VOLETARY PROCESS AND IN COMPOSITION SCHEME. TODAY MY STOCK IS AROUND 12 LAC, IF I CAN APPLY FOR COMPOSITION SCHEME THAN WHAT IS GST RATE WILL BE PAID ON OLD STOCK I.E 5 % OR 1 %.
5
Hi,
I've to file IT Return for NRI from INDIA. is it necessary to file return through Representative assessee or can we file ITR by mentioning the details of NRI in(ITR Verification Menue) such as Name and PAN of NRI.
Please help me..
With Regards,
Narsihma R
authorities who can issue solvency certificate?
my society is ragistered under trust . v r taking 1300/-maintanance charges
every month.and total member is 225 it is morethen thirty lakhs in a year.
my querry
is my society has to take gst ragistration?
is there any threshold limit.
v have to pay gst for that ?
I have applied for GST practitioner on 1 month ago but till to date when ever open the GST portal it shows of my GST application pending for processing which I want know how many days required to complete enrollment the GST practitioner
professional tax is to be collected by state its not a central tax.my head office is in bangalore and payroll processed from headoffice in bangalore.we are having branches in different regions..states...do we need to pay profesdional at statewise in that region or we can deposit in head office following the karnataka state slab rate for all employees.
what is dearness pay? is it different from dearness allowance? please explain it with example?
I am selling readymade garments and my annually turover will be less than 20 lakh. So let me suggest for my following query :-
1. Is its necessary to take or registered under GSTIN
2. Can I making purchasing from Interstate (otherstate) without registered in GST.
Deduction under income tax.