Pl suggest, Depreciation Rates as per Income tax for Office Equipment

how to show arenda purchased from farmer being urd purchase in 3b for the month of february being exempt purchse . or showing in table 3.1 in purchase liable to rcm and claim corresponding credit

Hi. sir,
I am Vinay I need INCOME AND EXPENDITURE (LOSS) ACCOUNT FORMAT

My Friend has 200 workers for his business. the workers are divided into 4 groups. each group comprises 49 members and a "head person" for that group.the head person communicates with the workers and get them to work daily, for that the head person gets some commission and the workers get wages.at the end of every month my friend transfers Rs.2lakhs(workers wages+headperson's commission) from his "Current Account" to the head person's "Savings Bank Account". the amount will become RS.24Lakhs at the end of the year.my question is "will there be any problem for "the head person" from "Income Tax Department" because he/she has "Savings bank account" ? Please give a solution for this. Thanks....

Shall TDS be deducted on software purchase for own use of a company

A manufacturing organisation has to deploy daily paid worker for different
activities to maunfacture a product.

Its payment usually results in sum of Rs. 3 to 4 lacs per month.

Whether this sum can be passed though one voucher on month end.

If the company will pay such sum in cash, what implications may arise.

Please advise having regard to provisions governing payment in cash

I am mobile dealer also get some money from vivo mobile company for advertisement board. For which I raised GST invoice. What is treatment for this service under GST. Is that invoice liability can setoff with goods input credit. We also want to know what we done if invoice issue in Jan month but by mistake not shown in return.

Hi
Can you suggest me how to account the damage vehicle repair exp while insurance claim received by repairer/service centers.
If service center provide invoice to us
Invoice
Repair Charges (Labor service charges) Rs.30000/-
Spare parts cost Rs.20000/-
Total Bills is Rs.50000/-
in this bill service center claimed insurance on our vehicle, then he received claim of Rs. 15000/-
then service center ask to pay Rs 35000/-
how to account in our books

Following is the our employee computation of income from salary .F.Y.17-18

Salary income 472608
Less -eligible (least) exemption of HRA 20700
salary Income 451908

ADD-Income from saving bank A/C Int. 2000
Total Income 453908

Less Deduction Deduction U/s 80TT 2000

Qualifying Income 451908
Deduction U/s 80c 85846
Deduction U/s 80DD 75000

Total Taxable Income 291062
Income Tax 2053
Less -Rebate U/s 87 A 2053

Income Tax payable 0

You are requested to Pl give your opinion this is correct or any correction
require.

Regards

Rajkumar Gutti

We are in receipt of bill from labour contractor towards supply of labour in factory in Haryana. Since this labour contractor is registered in UP state, he is charging IGST in bill.

Whether this is correct. Please confirm.