Dear Sir,
There is a firm providing services like Software development, website development, etc. In A.Y 2017-18, there is a loss of 141,000. Remuneration paid to partners is 230,000. No interest on capital is paid as the firm is dissolved with effect from 01.04.2017.
There are few expenses debited to P/L which will be disallowed as per Income Tax. The amount disallowed is 40,000.
Now my question is: Whether audit will be applicable for A.Y 2017-18 ? Will partners remuneration up to the limit of 150,000 be allowed ? As per amendment for A.Y 2017-18, partners remuneration is to be excluded just for the calculation of 8% of profit ? Will tax audit be applicable in the above case ?

Can anyone tell me clearly about Section 40A(3) that what about limit of transporter's payment which was earlier upto rs 35000 but as the limit to other cash payments reduced to rs 10000 ,is there any clarification or change about transporter's payment limit

I have done the provisional registration on gstn portal, however i had not yet uploaded my documents,
can i do it now or do i have to wait till the reopening of registration procedure??

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In our company, we are paying meals expenses to our employees working at our client place directly to the respective catering agency in their place. based on the number of employees without any invoice received from the service provider.

my query is whether I need to deduct the TDS and pay the service tax also?

Sir
my client has been deposited Excess amount in vat where as the input vat is fully adjusted with output vat , now the payment become excess in 4th qtr of Vat return 2017 , how could i reimburse the excess payment.

In how many days re registration process to be complete

Hello everyone, i will be starting a new business of selling & Purchasing of garments..i currently dont have any TIN no...and i am looking forward for registration of TIN no....please guide me whether should i wait till july or get myself registered..

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in GST dealers have to file 03 returns for every month + annual return I e 37 returns per year. & have to pay professional charges for 37 returns.