An Employee has Basic Salary of Rs:4.5 lakhs & PF Deduction is Rs:-54,000/- and Equal Contribution by Employer Also. Employee Also Had 80C Investment of 1.5 lakhs. My Question is How The Employer Contribution will Be Treated in Computation of Income

Salary 4,50,000
Less:-Employee PF Contribution 80C 54000
Less:-80C Deduction(Balance Limit) 96000
Net Taxable Income 3,00,000

or


Salary 4,50,000
Add:-Employer PF Contibution 80C 54,000
Less:-Employee PF Contribution 80C 54,000
Less:-80C Deduction(Balance Limit) 42000
Net Taxable Income 3,54,000

I want to return purchased item, what are required documents to return the purchase.
Generally my seller shall issued CN when they receive the goods, but If I ask them to issue Credit Note before they receive the goods , they denies. what is the way as per GST Provision ?
pl advise quoting GST rules and procedure pls. It will be great help.

Respected Experts

Kindly guide me difference between SHEET 5A & 5C in ITC 04 Form (Job work return)

Hi
We are purchasing a product from manufacturer and selling it to builder

We are not receiving payment from builder in bank account, after 6 months builder agreed to register a flat on our name instead of giving money

Now how should we show this in books and how should we file GST returns

Since we are a company should we register it on company name
Waiting for expert opinions

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Dear Sir,

One supplier is Registered Under Composition Scheme as per GST portal but they give Tax Invoice to us with GST.

1. we pass entry with GST & Release Payment either book only Basic & release payment ?

Can anyone plz forward me all the formats of the resolutions and notices, draft of the letter of offer, format of special resolution for insertion of buyback clause in Articles of the company.

URGENT URGENT URGENT
1)ERV highest of 2
FRV MRV
2)AERV least of 2
ERV SRV
3)ARV
Rent received + outstanding rent - in realised rent
4)Highest of AERV ARV selected And
5)Adjusted ARV is ARV - Vacancy lose

Doubt:- *****1)Even after vacancy loss do we need to take Highest of AERV and Adjusted ARV and then it's GAV And
2) in this if we take this condition we should apply ARV = GAV if only due to vacancy and if not GAV = ERV
3)Or else Only after Adjustment of vacancy loss we will have gave
4)Is this proforma right?

How can a foreign member of ICAI, not residing in India and who do not possess PAN fill the KYM form? Since, annual payment of membership fee requires KYM form to be filled?