Remuneration is authorized by partnership firm it is compulsory to pay remuneration to all partner as per profit sharing ration as per deed even if some partner don't want to draw remuneration firm and some partner want remuneration.

My client has received Subsidy against working capital . Whether it is Capital receipt or Revenue . If revenue whether it is shown In Profit & Loss account . whether it will b calculated for 44Ad Turnover limit for 6% or 8% profit. Pl guide.

Capital subsidy received ag machinery credited to Machinery Acnt.

Please guide me how to upload credit note for intra-state sale for FY 2022-23 now, because if we show in table 7, then it will reduce current year sale, but how to show the effect on last year sale. Please guide me how i can upload credit note for B2CS intra-state sale for last year

CAN WE UTILIZE INPUT IGST BALANCE
HALF CGST AND HALF SGST??

OR OTHERWISE ITS MANDOTORY TO INPUT IGST BALANCE TO MUST SETOFF CGST DEN SGST

INSURANCE CLAIM RECEIVED ON LOSS OF STOCK LIABLE TO GST OR NOT ?

We (Registered Company in GST Act) received a Invoice from UNREGITER PERSON (NOT REGISTERED IN GST) Rs. 45000.00 for IRON CUTTING CHARGES PURPOSE. what we will do now 1) TDS Deducted ? 2) GST Paid on RCM Basis ?

Dear Experts,

Society registered under the Society Registration Act 1960 and it falls in the ambit of AOP as defined under IT ACT.

Society has 20 members, they will work in society as employees and they draw honorarium for their work instead of giving salary to someone. Does it come under the purview of GST?

Respected sirs,
Thank you for sparing your precious time.Sir, I bought a plot in 2005 whose indexed value now is 85 Rs. The cost of improvements over time( indexed is )15 Rs. Now I have sold for 150 Rs. Thus I have a clear gain of LTCG 50 Rs. Now I have to buy a plot for 50 RS or for the entire 150 RS. Kindly guide me sir. Thanking you once again.
Kumar

Interest on late payment of TDS is disallowed expense under Income tax
But what about interest paid on late filing of GST return and on interest/fee/penalty paid on late deposit of Provident Fund ?

Last year income tax log-in was registered in the old DSC and secured too. While logging in this year for the said account, the site asks for the old DSC. Whereas a new DSC after expiry is taken. In short Income Tax site can not be opened since the old DSC was registered & secured with that. Can it be not opened with a new DSC ?