Company is only having rent income from letting out office premises. Company has stopped doing any business activity. So this rent income is taxable as Income from House Property. Can company continue to claim depreciation on same office premises. Also in next year company has sold the premises, how it will be treated less from wdv & rest short term capital gain or indexation benefit will be calculated ????

If a bank deducts TDS, even after submitting 15G/15H, does the assessee has any remedy available from income tax / RBI perspective?

how should we analyse balance sheet of company...

Please let me know whether Provident Fund contribution is optional for an employee with basic wages below 15000, If an employee gives a letter not opting for PF coverage

whether 24 Q tds on salary on return
paid /credited to salary to employee = gross salary of employee

Sir, My friend receives rent 3000 per month. He has registration in gst. Then gst is applicable on rent. Thanks .

Dear Experts,

In GST, when we received short material, want to return whole material or received excess rates material. What we shall do? Please explain my below queries :-
1) Is there only liability of Supplier to issue credit note? Can we raised Debit Note (by Buyer) when we received short material or excess rates material received.
2) does buyer can issue debit note?

Please advise,

Rakesh Kumar

Dear experts,

We have filed our TDS return for 4th qtr f.y. 16-17 well in time. But yesterday we observed during our internal audit that we have not deducted tax of a contractor. And we have deposited tax yesterday with interest and we want to revise return. But when we add deductee in conso file, it doesn't allow us to add as a message is appearing that add deductee is not allowed as per Income Tax Department direction.

Please guide me sir, how we shall add deductee and challan in revise return.

Thanks.

Rakesh Sharma

I am starting a new business of providing manpower services from my office based in Ahmedabad. Once I start, I may have clients located in other states too and provide manpower services to them in other states too. Do i need to do GST registration from very first day of starting the business or I have heard that it is not necessary to do GST registration till Rs. 20lac turnover. Please confirm whether it is true.

Secondy, do I need to apply immediately once turnover reaches Rs. 20 Lacs and what would be the applicable GST rate for my category of services.

Thirdly, I believe that since this is intangible service, how would buyer of my service get input tax credit, if I charge GST from them.

Please help clarify my queries.

Thanks,
Amar Gandhi
Gujarat

Dear Experts.
pls tell me the GST % on hotal rent.

in my state on rastaurant vat is 14.5% on gross value and 15% ST on 40% value 60% abatement . pls let me know the GST % on restaurant.

Regds
Anmol