AS per ICAI Guidance Note, with respect to derivative contracts, Turnover means the total of positive and negative or favorable and unfavorable differences. Premium received on sale of options is also needs to be included.
My query is whether the above calculation can be used for arriving turnover and declaring income of 8% under Section 44AD?

In composition scheme VAT levied on which goods tax free or taxable or both ? In Delhi?

Sir,

I am in the second year of articleship. I have completed my first 10 months of articleship in Pune and then I took a leave for 78 days due to medical reasons. Then I took transfer to Satara and i am continuing my articleship here. My question is while submitting form 108, which leaves I will have to mention in Form 108? Total leaves during the three year periodor leaves taken under the present employer? How many leaves can I Take now? In my transfer letter, there is written that I have taken an excess leave of 37 days and the same line has been strikethrough. What does it mean?

what is the rule in GST for taking input tax on capital goods

Dear Experts,

can a CA certify completion of work under work contract of govt. tender for a contractor. and if yes, please provide check list before issue such certificate.

Dear All,


Please help me upon TDS deducted on Interest on FDS.
One of my client's father made an FD in her name 20 years back. and himself acted as nominee.
Recently FD got matured and TDS is deducted by bank. My client is not submitted her PAN while opening FD (i.e 20 years back). Now bank employees are not accepting form 15 G for non deduction of TDS. and bank is already deducted TDS from last 4 years. Bank people are saying that no pan is linked to this FD. can we submit the PAN and get back the refund. or is there any chance to get back the TDS deducted. and my client has no other income apart this Interest.

Thanks in advance

Since My ID card which i got with my Articleship letter is lost,so What woukd i have to do ,so that i can file my form 108 with institute

One of our clients sold shares of his private company and is investing the amount for construction of residential house property. He already has ONE house in the city in his name.
Will he get claim u/s 54F and if yes, will he also get it for the amount invested in land or only construction cost.

What would be taxability of an AOP running a religious institution ( A Mandir).

hello expert, one of my client registered his partnership firm in telangana state with place of business mentioned in that deed and he want to start same business in A.P with place of business in Andhra pradesh also. Banker in A.p is asking a new registration of firm copy in place of business in andhra. not in telangana state,for opening a Current a/c in the name of partnership firm.