Hi,


If we hire the massage chairs for 2 days - INR 30,000/-, do we need to deduct TDS.
If yes, under which Head we have to consider (Contract / Rent) and what is the percentage to be deducted.


Thank you.

Dear Experts,

we have one partnership firm, our business income is commission(i.e.taken franchisee of one reputed pathology lab) and getting commission of certain % on total sales on month wise. our total receipt/turnover is coming around 8.50 lakh to 9.00 lakh. P.a
whether registration under GST is applicable on us or under reverse charges, or in which circumstances have to take GST Registrations.
Kindly suggest us, waiting for your revert.

Thanks

Sir, my attempt is Nov2018 and i wanted to get registered later so that i can get latest books for my attempt but i heard that syllabus is changing for those who will register after 1st July 2017? Is it true and was i required to get registered before 1st july 2017??

I am forming a company for a client to be registered in Mumbai.
He is right now in jaipur.
Can I get his INC-9 i.e affidavit in jaipur on rajasthan stam paper?

A Charitable society, which has exemption u/s 80G and also in certified under 12A, has its status as A.O.P in its P.A.N Card. How to rectify the same and While trying to submit the return it is being registered as A.O.P as per PAN Data. How to submit the returns for the same.

Dear Expert,

I want to get your guidance for my tax planning.

I bought a residential house in 2011 for Rs.50,000/- and sold the same in Oct 2016 for Rs.8 lakhs. In the month of Dec 2016 I have bought a house site for Rs.8 lakhs My close friends advised me to pay capital gain tax. I have no income at all have I to pay the tax. I am in dilemma. Please help me with right advice.

Thanks & Regards,
Annammal,
Karaikudi-630001.

Dear Experts,
we have received an insurance claim from insurance company against insured asset loss. asset scrapped from books due loss of asset in previous year and claim received current year. we have not provided any claim provision due to we have not received any claim sanction letter from insurance company.

i request to experts to please advise an accounting entry for claim received from insurance company which we are not provided any provision in PY and received CY. we are constructing new asset in place of scrapped asset as new capital expenses.

Dear Experts,
in the block of 15% one asset WDV is 14 as on 1/4/2016 and in the block 60% one asset WDV is 24 as on 1/4/2016. pls tell me what should i do with these assets should i write these assets in debit side of profit & loss account by pssing following enties with its full value.... i.e.

Dep A/C Dr.... 14
To asset........14

Dep A/C Dr.....24
To asset........24

please clarify is it correct treatment or not..

Thanks
Ankita Bansal

Hi,

While preparing financial statement, I was confused regarding fees collected and paid, in receipt and payment I have shown fees received and paid, my query is fees revived and fully paid should be shown in income and expenditure or in balance sheet, please help

I am working as cs in NBFC-MFI- MBP-1 TO BE RECEIVED AT 1st BM in F/Y. from the directors of Board as per 184 of CA 2013, for disclosure of interest. The chairman of board is holding director ship /member, trustee /president/ principal/ club member in CHRUCH / EDUCATIONAL /SOCIETY/ Institution IN other trust including non trading orgn. pl. enlighten me to disclose whether all details of interest to be included in MBP-1 ? (including other than companies)

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