Mr.A ( Manufacturer) has sold goods to Mr. B ( Distributor) , and Mr. B has sold goods to Mr. C ( Dealer) .On 30.06.2016 , Mr. B and Mr. C both has stock . What will be ITC in the hand of Mr. B and Mr. C
Mr. C does not have excise documents , what will be ITC available ? . Also discuss method of computing ITC . Whether ITC will be available under CGST only or CGST and SGST both ?

What is the impact of Employer given Imprest money / PCS to employee for site expenses ?

Is there any limit ? If yes then monthly / yearly / per transaction ?? what ?

Folks, My friend is working as a doctor in a Pvt hospital, Monthly employer is deducting 10% of income as TDS U/S 194 J. Can he use ITR 1 for filing the return?? Thanks Lakshminarayanan

We have one registration under GST for our various branches in Chennai and also branches in Tamilnadu. We move goods from Chennai office ( Head Office) to branches in Chennai and also to branches in Tamilnadu. What will be implication of CGT. Are we supposed to pay CGST and SGST on transfer of goods from our Chennai Office to branches in Chennai and also to branches in Tamilnadu. If yes in my opinion sales and purchases will be inflated. Please advise me the correct position
Thanks

Hi,

I need to know whether the service provider company can claim tax on the goods purchased by them eg. Computer's, Airline tickets, Other material purchased by them.

Thanks in advance.

hi i have received following error while uploading return of a AY 2017-18
The XML Schema is invalid. Please upload the XML in the correct schema.
At Line Number 2505 : Invalid content was found starting with element 'ITRForm:MovableAsset'. One of '{"http://incometaxindiaefiling.gov.in/master":ImmovableFlag}' is expected.

hello sir how much amount we can claim as interest payment of education loan.. full amount or part payment

My client received an advance of Rs.70 Lakhs against sale of property. Accordingly , TDS was deducted by buyer @1% i.e. Rs.70,000/- as per Income Tax Act, 1961. The sale was executed in the next Financial Year.

Now, while filing Return of Income for the A.Y.2017-18 shall I claim refund of TDS of Rs.70,000/-. My assessee have only pension & other sources income of Rs.3,50,000/-. Please advise.

Sir/Madam.. what will the rate of depreciation that a school should charge on purchase of sports equipments or materials

under Section 194 C what is the rate of TDS for Body of Individuals having a society.