One of our client is Importing Goods from Various countries, on that he has paid custom as well as igst on CIF basis, Now my question is whether he is liable to Pay Gst on Ocean Freight?
If the transport exp is not bear by us(Importer) then what will be situtation?
As he has not Paid Any gst on it where to disclose and discharge it and can itc be claim on it?
what are interest and penalty implication.

A person is on tour for business purpose, hotel, phone , food expenses bill under which accounting head, or we directly debit to tour expenses A/c or we bifurcate them bill wise

Dear Sir,
We are Mumbai Based Co. and want to Sale Material to SEZ Unit in UP. Kindly suggest, can we sale them without Paying Tax ??, If Yes. How ?

What kind changes to be made in Invoice while serving the Invoice to Party ??

Thanks
Bhadresh Patel

one of our employee has taken joint home loan with his spouse, employee already having one house property before the sanctioning of the loan , gifted by his father. My query is that that employee is entitle to avail tax excemption of housing loan under section 80c (Principal amt payment)+ 24b (interest paid on loan) .At what extent he can claim the deduction. emi paid by his wife and him.

Dear all,
Here is a query regarding LTCG on sale of residential house. A widow (below age of 80 years) sold her residential house during FY 2018-19. The same was purchased around 25 years back. After that some construction work was done. Purchase price (as per registered deed, 25 years back) is available but no cost is available regarding cost of construction. Please suggest how indexed cost (acquisition + construction) will be calculated & at what rate Income Tax is payable on LTCG? Any option to save her from Tax?

Sir,
We had deducted TDS against payment to AAA- individual- for 2017-18- and return filed .
now AAA had come with a suggestion that some of the payment made may be transfered to BBB-registered company.
BBB had procured PAN in the month of dec-2017-
some of the payment given to AAA- from april-2017 is also requested to be transfered to BBB- as per his request.

our doubt is whether this could be done to a PAN number which had been procured in dec-2017. - reason is some of the payment in april-may- sep-2017 also has to be transfered to BBB- but at that time BBB does not have PAN in that period.
thanks
Ramesh
rameshgefab@gmail.com

Dear Sir,
I have downloaded the Java in my laptop still i am not able to download Tax audit form 3CA3CD. I could not identify my mistake.Kindly advise.

Dear exports

We are from fabrics mfg., We did supply the fabrics with invoice for other state in jan 2018. But, our buyer return to us some meters fabrics on december 18. So we adopted the clothes they sent.
But, my question is this entry a/c in our book for credit note as on date or trade discount????????
what is the correct way????????
Because, billing date for jan 2018 - 2017-18 a/c. received date for dec 18 - 18-19 a/c.
and more information the buyer issue the d.note for dec 18 with gst tax% for return fabrics.
so, kindly solve my problem.

Thanks for advance.

Dear Experts,
We are Delhi based supplier last month we have sold the goods to a Bihar based buyer. Now that Bihar based buyer is supposed to return the goods however our another buyer in the Bihar is want to buy that said goods. Hence we want to deliver the goods from one to another. Pls tell me in this scenario as per GST norms what will be the procedure for the same.

Thanks
ASAP

Dear All,
We are preparing a Balance Sheet of a Government Department from 2011-12 to 2014-15. Now in FY 2014-15, a new depreciation rate was prescribed as per Companies Act 2013. The Problem is that if we start applying this new rule of depreciation it will consume a lot of time since the company has 300 individual units whose balance sheets are first prepared individually & then got consolidated. Also the details like actual purchase date etc. are all very difficult to extract.
Is there a way out so that we continue with older applicable rates by mentioning it in notes in accounts or some other way which saves our time.
Thanks in advance.
Amit Jain