In the new ITR 4 released by department for AY 2018-19, they are asking for GST Number and turnover filed through GST returns. Does this mean that professionals having aggregate turnover of less than 20 lakhs and those whose turnover is subjected to reverse charge mechanism are not entitled to presumptive taxation? Most of these professionals may not be registered with GST.

we have a company related to web designing and mobile apps development services providing outside India..
We wish to claim rebate under Service Exports from India Scheme (SEIS) ,

In which category we are falling please guide us.

we are the doctors and make our association and got the pan number under AOP, we are not registered u/s 12A or any other, i want to know if we collect annual corpus fund from our life members is it taxable or not

271(1)(C) is applicable for non maintenance of books of accounts for non acceptance by Assessing Officer for source of income

Sir(s) / Madam,
We aware that from April 2018 onwards expenses over Rs.10000/- cannot be paid in cash (earlier it was Rs.20000) Section 40A(3) restricts to do so.
1.When we pay Rs.500000/- in cash towards wages to a number of workers. Shall it be attract penalty u/s 40A(3)
2. Advance payment made to staff over the thershold amount of Rs.10000/- in cash attract the penalty under this section? As the rule is silent about advance It only restrict the expenses in a day over Rs.10000/- in cash.We assume that there wont be any restriction to pay as advance of any amount. Is our assumption correct?

Kindly clarify

Bus service provider paid GST @12% on outward supply and claim ITC. now spose he book Tour as a package (including Travelling cost, hotel cost, food cost etc.) and charge fixed amount on single invoice (show per passenger cost), now my question is can he charge 5% GST on such invoice and avail ITC on tax paid on inward.

Income Tax Return from 2014-15 to 2017-18 has not been submitted.

How shall I submit the Return now for all the years?
Please advise.

How one can follow (learn) a new issue, topic or procedure to be followed practically ? How the issue will be practically improvised ?Do the institute will assist us(CAs) through any means, to implement practically, like publishing examples of real time situations ??? Like how ?

Can an executive director of a private limited company to which he is the executive director give loan to the company?

What books of account to be maintained by interior designer