Dear Sir/Madam

My friend want to start Industrial Catering business, he will be prepare the food and serve at their premises only and approximate turnover will be 60 Lacs, he can register under Composition Scheme.? since he the owner & individual person what are the document required to register GST.

TRaces portal of my client shows demand for earlier years frm 11-12 to Fy 18-19 which includes late filing fees and also demand due to incorrect PAN

Client doest have and details of TDS challans , ACk copy of TDS return filed by earlier CA and earlier CA isnt providing anything.

Challan details are required for conso file request how to go abt this.

Can anyone guide

Dear Team,
I've got a doubt, how can I account for my assets in the newly incorporated company? before incorporating I was operating as an individual but now I'm using my assets for the purpose of my company and i want to include all those assets in my new company's records. How can I Account for this? can anyone help?
Thanks in advance.

The Assessee had imported a machine in F.Y.2015-16 and taken the benefit of EPCG scheme, got exemption from Basic Customs duty and Cess under the scheme. But in F.Y.19-20 the conditions of export obligation were not fulfilled and the Assessee has to pay Customs duty of 1,12,00,000/- along with Interest of Rs.67,20,000/-.
My questions are,
1) Is that interest amount of Rs.67,20,000/- allowed as expenditure under Income Tax Act.
2) Can I Capitalise the Customs duty paid in the 4th year, if so as per which provisions of PPE as already Asset was put to use 4 years back.

Importer has paid igst on import of goods and received bill of entry for import of goods. Anything else required for gst return of taking ITC of Igst paid on import of goods on against outward supply gst?

This is with reference to your Registration application filed vide ARN AA240220048748C Dated - 20/02/2020 The Department
has examined your application and is not satisfied with it for the following reasons:


1 UPLOAD CERTIFIED CONSENT LETTER.

Assessee is having outstanding demand U/s 154 for A Y 2010-11 & 2011-12, rectification rights are with Jurisdiction A O. Whole of Outstanding demand is because of Interest U/s 234.
Is "Vivas se Vishwas Scheme" is applicable to Assessee ?
Can assessee go with the scheme & pay 25% of the Outstanding Liability (interest in nature)?

AN INDIVIDUAL RESIDENT IN INDIA HAS ANNUAL INCOME OF RUPEES 2,80,000/-, which includes Interest of Rs.36,000/- on which TDS of Rupees 3800/- has been deducted, . He sufferred a loss of Rs.1,20,000/- in stock Market.

IS IT MANDATORY ON HIS PART TI FILE INCOME TAX RETURN AS TDS HAS BEEN DEDUCTED IN HIS CASE ALTHOUGH HE IS NOT INTERESTED IN FILING RETURN AND READY TO LOSE AMOUNT OF RUPEES 3800/- DEDUCTED AS TDS.

Ay 20-21 if the rental income is upto Rs 5 lacs of a femal senior citizen, whether the said income will be taxable ?

basic pay 5000
grade pay 2000
DA 1000
HRA Exemption calculation
arrear details
BP 3000
GP 2000
DA 5000
how to calculate HRA exemption
HRA Paid 60000
for calculation of HRA Exemption under rent paid excess of 10% of( BP+GP+DA) included arrear BP+GP+DA or not please suggest