if my company purchase a stationery from unregistered dealer of rs.4000. can I get exemption from rcm . and my company can pay through cheque of rs. 4000 or I have to pay cash of rs 4000 plz clarify me
Answer nowSir, I want to file ITR for the F.Y 2015-2016 & A.Y. 2016-2017 . My income are as under :
General Store ( Keerana Store) Rs. 290000
Insuranance Commission is Rs. 35247
Please let me know Which ITR FORM to be Filled up and code of nature of bussiness.
Please clear my doubts.
is there change in section 24 for coming interest benefit for house property is the combined limit for owned + let out together is 2 lacs?
Answer nowHello all. Need an advice. It's urgent and related to Return filing. Last year I filed ITR IV of my client, who was working in a company and was running OLA Cab as side business. I have filed his ITR IV return with salary and business income. I have shown loss in his income and given him refund of 3300. While doing his balance sheet I have not mentioned about the shares he was holding last year. Now in this year when I will file his return I will show the shares he is holding and profit he made on it as short term and long term capital gain. Last year he have not made any profit in selling shares, so there was no capital gain. Now my question is, will there be any issue that last year I didn't mention the shares he was holding in the balance sheet. 2nd question is , this year I have to show his shares in balance sheet right . And capital gains as well
Answer nowDear Experts please tell me if proprietorship firm have one primary signatory that is proprietor but prop. is not resident at business place he wants to appoint his wife for authorised sign. for billing purpose and any other required under gst act Can he appoint his wife if yes then please send us format of authorised sign thanks
Answer nowA Service Provider who has migrated from Service Tax to GST is having turnover below 15L last year (FY 2016-17) and expected to be around 15L only in Current Year He has got GST RC in FORM-26 . He wants to cancel the said RC. Since Submission of FORM REG-29 for cancellation of migrated RS is not yet started, then is it necessary for a service provider who want to cancel his provisional RC to submit monthly Return for July 2017?
Pl Explain.
Sir,
Can I receive cash 38000 pre month (456000 p.a. ) from home tuition from 15 students,
and fdr income aprox 85000 p.a.
which itr form file for above income
Thanks
please advise I want to buy a residential plot. plot value(Government Rate) 410000 . can I pay 220000 by cheque ..190000 by cash (I will withdraw 190000 from bank) ..is it ok ? because seller don't want all by cheque.
Answer nowwe are working in chemical industry. Co has given sbi credit card to 4 employees and they are incurring exps from it and Co is reimburse they exps when they submit summary of exps incurred (it's like imprest account): Summary of exps incurred on 15th July-17 ; 1) LED lamp rs.600 2) Grocery rs.3400 3) Tea cups rs.300 4) Mineral water 1600 Total rs. 5900 All purchases are made from URD, whether RCM apply? Will it make any difference if I book some exps on 15th july and rest on 16th july?
Answer now
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