Dear All,

Is income from Fish Farming is taxable to person in India?
Is income from crop farming but with help of technology by a non farmer in government allotted land is taxable or tax free?

Chirag Shah

Hello sir,

The company had hired Doctor's on the company's payroll and this doctor also runs their own practice. The doctor are paying annual professional tax directly to the government authority on their own practice service. They are providing the professional tax receipt to the employer and asking the company not to deduct the PT from their salary as they have already paid. What should the company do in this situation. Should they deduct the PT from the employees or they should not deduct the PT.? Please advice

Respt Sir


In a godown trading stock worth Rs 100 loss by flood . Insurance co. has calculated salvage value worth Rs 22 and paid to us .
The damaged stock at godown which are likely to be auctioned in open market by insurance co. ,we have opted to buy back damaged stock (good condition / recycle /usable) for Rs 18
please guide me a accounting entry in tally
Regards

Sir/Madam
Kindly light on below mentioned query.
my client deals only inter-state SALES (Other State) sale and PURCHASE from intra-state(Local / within State)
therefore there is showing to much balance in input SGST .
what would i do kindly suggest me
i have no sales for local only interstate Sales and Export (without Payment Of Tax) Sales

We have to make payment to a foreign company with no base business in India. I want to Know the TDS Rate & section which we can deduct TDS for Consultancy Services received. The Foreign company is Singapore. Total payment is more than 10 Lac

FNO Turnover calculation

Nifty MAY Bought Sold P/L : 25k P
Nifty MAY Sold Bought P/L : 10k L

Nifty MAY Contract Net P/L: 15k P

Nifty JUN Bought Sold P/L : 15k L
Nifty JUN Sold Bought P/L : 5k P

Nifty JUN Contract Net P/L: 10k L

So the Contractwise Turnover:
May 15k
Jun 10k
--------------
Total: 25k
--------------

OR

a Trade wise

25k 10k 15k 50k
-----
55k
-----

Which one is correct?

Thank you.

Can any one help me to open worklist on new portal of income tax ?

Sir, Please clarify this doubt?
One of my relative buy EPT (Earning Points) in online and sells the same EPT in online with small profit percentage. This EPT'S are related to Block Chain Technology. For example If I want to join a group in online first of all I Buy some EPT and then after joining the group some EPT'S are added to my account. This EPT'S are saleable in online with small profit percentage. All Transactions are done by online. What is GST Effect / Impact in this transaction i.e. whether he is liable to get GST Registration or not. If Yes, whether it a GOODS or SERVICE.

Kindly guide ...
If a Trust who has obtained 12AA certificate in AY2018-19, do they have to apply for renewal of 12AA or they have to do it next year

Thanks

Sir/Mam, I am in 3rd year of my articleship.Now i have to take transfer from guwahati to delhi as my parents had been transferred to delhi. So, do i have to grant the application to ICAI as a request before filling form 109 to my own Regional ICAI office or can i send it to any of the ICAI office?