Dear Exparts, Kindly help me for Imapct of GST on Work Contact service and what is provision for the same.
Answer nowIn context of ay 15~16
Sir,
269ss and 269st restricts cash transaction of accepting any loan and refund of the same in excess of 20000
Bt what if I provide a loan of 30000 in cash and accepts the same amount in cash?
Will it be admissible in my hands
I am trading in fertilisers and insecticides. both items are lavied 6% vat in Maharashtra, and in GST fertilisers 12% and insecticides 18%. We will get ITC of 6% only and paying GST 12 & 18% respectively. There is loss to us of 6% in fertilisers and 12% in insecticides. is there any solution for my problem?
Answer now
respected sir ,
what is the rate of tax for drugs &medicines sold in retail medical shops and used by consumers.whether it is 5% or 12% .there is confusion .
please discuss
Name :lalit gupta (jhansi )
I have filed my ITR for assessment year 2016-17 in may 2016,but as the Tax deducted in salary reciept(more) and 26AS(less) Were different ,the return first filed by CA as per 26AS and as i insisted him that the tax refund is more he just revised the return simply by increasing my exemptions amount and then again revised by myself as tax as per salary receipt and verified electronically as I do not knew about 26as ,the ITR now Shows Tax credit mismatch , i did not received intimation up to now neither ITR in process . asked in IT Deptt. And they are telling that return is in process and should wait for intimation but it has been a long time for this answer from their side..what should I do now
a Rs. 25lakh land purchased ,by Rs. 15 lakh in D/D and Rs. 10 lakh in cash, which withdrawn from bank in cash.Now sir my doubt is how to show that 10 lakh withdrawal in cash and paid to buy d land?and at what price land will shown,at time of transfer,to compute Capital gain/loss? Please advice Sir... thanks in advance..
Answer nowSUPPOSE I AM OPTING 44AD and further i breach provision of section 44AD by claiming lower profits than 8% as per the provisions of section 44A(1) and my income is below taxable limit even then i need to get my books audited u/s 44AB .Secondly suppose in the above case my turnover exceeds 1cr rupees. What will be the implications. Tax audit will be required or not?
Answer nowDear Sir/Madam,
I am an Indian resident travelling from Belgium to Mumbai after a short stay of 2 months. I am carrying following things with me intended to give as gifts to family and friends.
1. Jewelry valued at approx INR 58000
2. Other gifts and soveniers valued at approx INR 24000 (Articles include watches and perfumes)
Could you let me know if I need to pay customs duty on all of the above and approx how much will I need to pay?
Many Thanks
Regards,
Vikrant
Dear Sir,
Please help me ro get my company TAN no..as my seniors are not providing me..
Whether hsg Society should register under GST? Will the monthly maintenance collection attract GST? THRESHOLD limit of Rs 20 lakes will apply. What about claiming ITC if not registered with GST?
Answer now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
work contract service