We request expert opinion on the following :

1. One service provider having PF registration deputing worker ( who is also covered in PF list of the service provider) to one concern .
2. Our query is whether PF is to be remitted ( both for employer and employee) on the minimum wages applicable to the industry of principal employer or on the minimum wages applicable to industry of service provider?

XYZ Ltd. Is hiring Bus (More than 13-seater capacity) for transporting the employees. The supplier of bus service is not charging GST being not registered with GST and is a proprietor. Is XYZ Ltd. liable to pay GST on it under reverse charge?

Sir,
My client willing to purchase a proprietorship business in the same name which is sold by his uncle what will be the best treatment of stock and GSTIN.

An assesssee who invest MCX COMMODITY tRADE. dURING THE YEAR ONLY 3 TIME TRADE DONE TOTAL PURCHASES 706000 TOTAL SALES 703250.DURING THE YEAR. aSSESSEE'S OTHER INCOME EXCEEDS TAXABLE LIMIT. hOW TO TAX COMMODITY TXNS

hi Team,
i am negotiating a settlement of refund ( Principal and Interest)with the builder as the possession is delayed for booked property. i have a question regarding the tax treatment of such money received
The Property was booked in 2012 and was supposed to be delivered in 2017, but not delivered till date
payments have been made between 2012 and 2017
Allotment letter was issued in Dec 2014, Agreement was signed in Apr 2013

1) I know that the Principal will be treated as Capital received hence no taxation
2) The interest that i receive will it be treated as a Capital or a revenue receipt
3) I have taken a home loan on the above property , and have not yet claimed any deductions under Chapter VI / Section 80C since it was an under construction property
My Questions
in case its considered as a Revenue receipt , can i deduct interest paid to the bank as expenses plus legal fees paid to lawyers etc as expenses and then pay tax ?
or will those deduction as expenses will not be allowed
All help will be truly appreciated
regards,
Ranpreet

Dear sir/madam i have received the following notice.please tell me the solution. Dear Sir/Madam Subject: Communication of proposed adjustment u/s 143(1)(a) of Income Tax Act, 1961. The return for PAN ----------, Assessment Year 2019-20 E-filing- Acknowledgement number ------------------- Dated 12-JUN-19 contains errors/incorrect claims/ inconsistencies which attract adjustment(s), as specified u/s. 143(1)(a) of Income Tax Act, 1961, as annexed in Part-A [(i) to (v), as applicable]. You are herewith afforded an opportunity to respond to the proposed adjustment(s) u/s. 143(1)(a),mentioned below, within a period of 30 days (thirty days) from the date of issue of this communication. Please provide the required information or file a revised return, as applicable, through online mode. To submit response, kindly log on to www.incometaxindiaefiling.gov.in with your "user name and password" and choose "e-Assessment/Proceeding" under the “e-proceeding" section. Kindly note: 1. Revised return uploaded as above should have all the data to enable processing. It should contain complete information as furnished in the earlier return after correcting the the errors/ incorrect claims/ inconsistencies listed below. 2. You are advised to use the software utility available on the website www.incometaxindiaefiling.gov.in to avoid errors.

I have inserted request to pre validate my bank account since July 2019. On Income tax portal my account profile setting shows
request submitted. It is not validated not rejected since last 3 months. I have received order but refund has not been credited. Pl. guide if any
one can advise.
Thanks

I want to ask about the interest rate(or the provisions) which would be applicable in case of an Indian resident borrowing from a non-resident in USD. Also any income tax provision applicable other than TDS .

One of my client let out his commercial Property to ESIC Hospital at a rent of Rs. 12 Lac p.a. (Taxable Service) and residential property to local peoples at a rent of Rs. 9 lac p.a. (Exempted Service). Hence His Total Income is Rs. 21 Lac (exceeding the threshold limit).
My queries is as under:
1. can he require to take gst registration.
2. if yes, can gst @18% need to pay by my client as tenant not ready to pay single amount more than 12 Lac.

Yogesh Kumar Agarwal
9231864312
yogesh92315@gmail.com

I AM HAVING PURCHASE ITC OF 200000. BUT AS PER NEW NOTIFICATION MY ITC IS GETTING RESTRICTED ONLY TO 100000.HOW TO SHOW THE BIFURCATION OF THIS AMOUNT INTO CGST SGST IGST .