Sir,

Mr X has filled Trans-1 on the basis of Invoice on which seperate credit is shown ?

my question is what entry is passed in books for such credit

please reply on uregent

A person has purchase a residential property in year 2012 then after he purchased another residential house with its jointholders in 2015 and then after he sale the first residential property in 2016 on which LTCG arise

so in that case we can take deduction under section 54 of income tax.

What is the time period to settle vendor's bills payment if we have taken input credit from the bill.

Hello,
With due respect to experts I would like to ask that can I get a rebate of interest on my car loan during my Income tax return filing?
If yes, then how much rebate is allowed?

Someone told me that it is only available if you have business with the same pancard, is it true?

Please help.

Dear Expert,

I would like to know that if the director of company want to buy BMW cars and want to take benefit of Depreciation in income tax of company accounts ant GST benefit. Can director do it? . Please advise and suggest me how can i take both the benefits in company income tax.

Thanks

What is juneral entry of salary with employer contributions.

One of my client is having proprietorship firm ABC is registered under GST for selling goods, due to excess space available he decided to give the half of the premises available with him in his name on rent. Other proprietorship firm XYZ has entered into rental agreement. So whether ABC has to charge GST on Rental income invoice raised to XYZ. Kindly confirm..

I am a software engg. And working for a danish client from last 8 years so i have all the knowledge about the product. Now he talked to board of directors there and is offering me 1% share in his company at discounted price so that i continue working with him. I am not his direct employee but works in a indian consultancy company which has agreement and work for him. Can i have share in foreign company without being its employee?

Dear Sir,

one of my selected limited scrutiny after currency demonetisation i have submitted all the necessary documents regarding the assessment The AO after satisfied the documents i have provided. then he has been closed the assessment and issued notice u/s 142(1) file income tax return. while filing income tax return i have selected section 139(1) instead of section 142(1) of the income tax act.and i have filed return.
my doubt is i have been served notice u/s 142(1) but i have filed u/s 139(1) will any problem will arrive under this mistake. please guide me

regards

suppose a company " X" give cylinders ( that are used in making packaging material) to another company "Y" which is under contract of making their product packages.. so the cost of purchasing that cylinder is our expense or an asset.?