Anonymous
02 February 2018 at 10:47

Senior citizen status

Dear sir

I attained the age of 60 years on 24 april 2017. please advise whether i will be treated as senior citizen for financial year 2017-2018 for income tax benefits.

thanks


Rajkumar Gutti
02 February 2018 at 10:44

Itc

WE ARE A TRADING CONCERN. SALES & PURCHASES ACTIVITY IS EGGS
EGGS ARE EXEMPTED IN GST.

WE EXPORTED THE SAID EGGS BY AIR THROUGH CF AGENT.

CAN WE GET INPUT CREDIT ON AIR FREIGHT, HANDLING CHARHES,
C& F CHARGES ,EVEN THOUGH OUR EGGS PRODUCT ARE EXEMPT
IN GST.

PLEASE GUIDE US.


REGARDS

RAJKUMAR GUTTI


srinivasa reddy banda

Dear Friends,

One of our client ( Partner ship firm) is doing the business of catering services, preparation of food in home and providing the services to colleges and schools within the city, they are planning to buy one NEW TATA ace vehicle, for carrying the food between preparation place to schools and colleges, whether they are eligible to take ITC paid on new vehicle, the vehicle is using exclusively the purpose of goods carrying only, for inputs carrying and outward supplies carrying only.

Regards,
Sr



Anonymous
02 February 2018 at 10:08

About invoice

A garage mechanic does the vehicle service & repairs of any other state and if the customer demands a bill of address of his state then the garage mechanic will charge IGST in the bill or CGST,SGST,


Riyaz Ahmed Balbatti
02 February 2018 at 00:29

Income from property

If I get share from my fathers property in cash.
Under which head I am going to be taxed whether 1) income from house property or income from other sources?


Arvind Gupta
01 February 2018 at 23:16

E-way bill generation difficulties

Dear Sir,
My company is a Carpet Manufacturer and made invoices in foreign currency i..e. in USD and Export Goods with LUT bond without payment of GST. My question is while generating E way bill What is to be filled in the following field:
1. Product name
2. description
3.Taxable Value (invoice prepare in Foreign currency, so how can I fill this )
4. Tax Rate (Since in export CGST & SGST not highlighted but IGST and Cess are highlighted)
5. Approximate Distance (from which place to which place)

Please suggest.


DHARA SHAH
01 February 2018 at 23:14

E way bill required for exempt item?

We have manufacturing firm of mineral mixture which is used in cattle feed as food for animals. It is exempt product under GST as per HSN code of 23099090.
I want to know whether we require to file e way bill for supply of above exempt product??

If yes, is it require for both interstate and intra state??

we have single invoice with amount above Rs. 1,50,000/-. Kindly advise for requisition of e way bill...



Anonymous
01 February 2018 at 21:57

E ways bill

If a local transporter has to transport the goods to Mumbai from Noida

he pick up the goods to send to delhi to a big transporter , who in turns transport the goods to Mumbai

then please confirm how the to prepare the e-way bill for the Local Transporter from Noida as well as big transporter at delhi


rishi arora
01 February 2018 at 20:29

Income tax return

Dear Sir,
I own a flat jointly with my sister who is married. She wants to transfer her share in the property to me by a gift deed. We know that a gift by a blood relative is not taxable. I want to know, will I have to file a tax return to show that this gain of wealth was through a gift by a blood relative, or is there no need to file any tax return for this. I do not file income tax returns.


TARIQUE RIZVI
01 February 2018 at 20:13

How to workout remuneration for ay 2017-18

Sir the book profit is Rs 2,69,555 in such case how to workout the remuneration to working partners for the Ay 2017-18. Further I would like to know how to workout interest on capital. Interest on capital should be on opening balance or on closing balance. Please guide me and oblige.






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