In case sending goods for job work for further processing. Which Value i should show in delivery Challan.
1. Purchased price or processed price including labour etc. How to calculate such price.

Whether MCA Blacklist (companies) will affect their directors in future?

Can anybody provide me Explanatory statement for Appointment of director in AGM ?

Appointment of director is SEPCIAL BUSINESS...so explantory sttement is needed ? can two directors be appointed through one Resolution in AGM ?

I APPLIED FOR CANCELLATION OF REGISTRATION OF A PARTNERSHIP FIRM IN NOV 2018(FIRM TAKE REGISTRATION AND WITHOUT ANY TRANSACTION APPLIED FOR CANCELLATION BECAUSE PARTNER CHANGE HIS DECISION DOING BUSINESS IN PARTNERSHIP) BUT STILL STATUS OF APPLICATION IS PENDING WHAT TO DO. I AM NOT FILLING RETURNS AFTER MARCH 2019. WHAT TO DO OR WAIT.

Hello,
As per notification No. 69/2019, it is mentioned at 30% for Motor cars, other than those used in a business of running
them on hire, acquired on or after the 23rd day of August, 2019
but before the 1 day of April, 2020 and is put to use before the 1 day of April, 2020.
My query is whether dep @ 30% is on p.a. basis. So, for the car purchased after 30th Sept.2019 but before 31/3/2020 will get 15% depreciation ( being car bought and put to use in second half of the financial year 2019-20).
Am I right? please advice. Thanks.

I have take a loan from a friend Rs. 15,00,000 @ 12 p.a. now while paying interest do i have to deduct T.D.S and pay interest. Also what is the procedure i need to follow as per law from any form filling or depositing with government etc.
Please explain the whole process from scratch.

Sir
If I pay LIC of katra of HUF from HUF account then can I take deduction of the premium paid u/s 80C.
Pl advise.
Sanjay

The assessee is having all the 5 heads of Income. Main source is Salary and House Rent. During the year 2018-19, he incurred loss in Futures & Options trading around Rs.37 Lakh.

Now, we know that in case of F&O transactions, it shall be assessed under the head PGBP and hence, we need to report this loss in the P&L A/c. But, as he doesn't maintain accounts regularly, at the time of filing ITR-3, he just filled up the Part-B of Balance Sheet and P&L (i.e., No Account Case).

Department has sent intimation U/s 139(9) by saying that as the loss is claimed under PGBP, Part-A of Balance Sheet and P&L has to be filled up.

Now, the question is - if we try to prepare the P&L A/c, What shall be the Turnover?

We know that, to determine whether the assessee is falling U/s 44AB, in case of F&O trading, the turnover is to be calculated by adding all the profits and losses in absolute figure. But, this should not be the turnover which shall come into P&L, right?

If we report the actual sale value and purchase value, definitely it will cross few crores easily. In that case, again department will say that Tax Audit needs to be done u/s 44AB!

What is the solution? Hope I am clear to present the matter.

Thanks.

One Assessee is having rental income of Rs.12,00,000 per year and he is also getting remuneration of Rs.12,00,000 from partnership firm, there by the total income is Rs.24,00,000 - is he liable for payment of GST?
please clarify