as a company or firm, can ITC be claimed on purchase of housekeeping products like detergent powder or bar, floor cleaning liquid, acid, phenol etc.

individual trader havin 2.25 crore sales, no cash transactions.
is 3cd applicable? 3% is net profit margin

my view--> yes, as net profit margin is less than 6% and limit is increased to 3 crore.

KIND ATTENTION SIR
KINDLY PROVIDE DEPRECIATION RATES UNDER COMPANIES ACT 2013.THANK YOU SIR

good morning,

as per my per my AIS TDS of 1% as been cut under sec 194c, i working a freelance consultant in company who r payment salary on contract basis to my bank account. request to provide me the corresponding ITR code under 44
d to claim returns

regards,
Melvin

CAN WE CLAIM DEDUCTION FOR INTEREST FROM SAVING BANK ACCOUNT UNDER NEW REGIME WHILE FILING IT RETURNS FOR AY 25-26

PLS CLARIFY
THANKA AND REGARDS
SURESH R

We are registered GTA, we are providing reefer vehicles for both taxable and exempted products (Milk) transportation. As we are under FCM, We are billing the transportation services under GST of 12% and for transportation of milk, we are billing under exempted services. Can we utilize the ITC of the vehicle repair bills which are used for transportation of milk?

Dear all

i am doing management consultancy business and in financial i am claiming loss and also my turnover not cross tax audit threshold limit please suggest tax audit applicable or not.

my total consultancy receipt of Rs 1700000/-

Sir
A 100% govt owned company acquire a society registered under society registration Act.
The scheme of acquisition does not mention any consideration to be paid/payable by the Govt Company to the management body of the society.
my query before the experts is:
Is there any compulsion that acquisition must be against consideration?
abhijit

Can we say that transfer of partnership interest in LLP is transaction in securities and thus, not amounting to ‘supply’ and subject to GST?

Dear Expert,

For below income details what are the tax implication for this ?

1. Salary : 5 Lakhs
2. Income from Professional services : 5.5 Lakhs
3. Interest from Bank: 1.5 Lakhs

Gross Total income is 12 Lakhs (excluding Standard deduction)

In this case will I be eligible for 87A rebate as my GTI is not exceeding 12 Lakhs ?