If we preparing first time Bal sheet can we show previous back 2-3years assets and accumulated depreciation and same can claim in itr
what is the procedure to appoint a share holder as CEO of a private limited company sir
Dear Sir/Madam,
I have shown nil rated goods value in monthly GSTR-1 Column No. 4A & 8A.
How to rectify it?
Thank You!
Hai My Grandfather Purchased Plot within Municipal Limits on 26-06-1973 For Rs.3000. Value as on 1-04-2001 is Rs.21,35,280. He is expired in 2012. Now it is Sold for Rs.53,58,000 and Credited in my Bank account and transferred Rs. 25,00,000 to my elder brother and Rs.8,58,000 to my sister account. Can you please guide me Who can liable to Pay Capital gain tax
HELLO SIR,
MY CLIENT HAVE 2 VEHICLE AND ALSO TAKE HIRE OTHER 5 VEHICLE FOR A SINGLE 5 TRIP OF TRANSPORT,
SO I WHICH FORM FILE UNDER SEC 44AD OR SEC 44AE?
Sir,
What is the difference between Table 8 C and Table 13. If an ITC pertaining to the FY 17 - 18 is
taken credit in the FY 18 - 19 through GSTR 3B, then where should that amount be declared in the
GSTR 9 - either in Table 8 C or Table 13, or Both.
Pls. advice.
Sir,
We have given our factory on lease at Rs 3 lac pm in which Rs 2 Lac is for rent on land and building and Rs 1 Lac is for rent on plant and machinery. We receive Rs 54000 as GST (36000 +18000).
Question-
As we make new addition of machinery ,can we claim ITC on GST paid on new machine against GST paid on L&B or only GST of P&M can be adjusted ??
As per instructions annexed to ITR 4 , It is recorded that the assessee ( as per applicable u/s 44ADA or 44AD) who has any claim of brought forward loss under any head of income , is not to use this form.
Here it arises an interesting situation that in case of an assess who has incurred Capital Loss as per a previous year prior to current previous year and in prior assessment year he reported capital loss . Now for current assessment year ,2019-20 he does not have any new capital loss/gain transaction to report and he feels it is not necessary for him to carry forward capital loss of previous assessment year, as he is not visualising any Capital asset transaction in future also..So he wants to use ITR-4 by voluntarily foregoing any benefit of claim of carry forward Capital Loss. Can he opt for ITR4 .Is there any restriction to use ITR4 even if he does not want to claim the carry forward Capital Loss. Pls help to clarify concept and requirements of law.
Does an arts graduate who have earned knowledge of accountancy , tax and investment through working in various organizations and self study provide consultancy services in the areas mentioned above in his own capacity ?
Please note the query is about providing consultancy services in consideration of fee on the basis of facts mentioned above and it is not about representing an assessee before any authority ?
Please suggest and many many thanks ....
Does High Sea Sales involve any GST or IGST or any other statutory levies.? Is custom duty to be paid on HSS.Pl advise soonest.
Thanks
S.F.Francis
Balance sheet