Dividend received from foreign company by indian PVT Company in A Y 2018-19 but income book, tax paid and benefit availed DTAA A Y 2014-15 and 2013-14. what impact on income tax current year in Tax Computation.

Year of book income and received is different foreign exchange loss and gain in year received and can be given effect in computation income tax current year.

Q.1 If a Company in U.P. buys material from a Company in Maharashtra and sells the same from the source of purchase in Maharashtra directly to dealers in Maharashtra and adjoining state. Does the company in U.P. have to take a separate GST registration in Maharashtra? OR can it buy on IGST billing and sell on IGST billing too, without taking a separate registration?

Q.2 If the U.P. company has to take a separate registration, does the principle of one GST number India wide for one company get defeated?

Dear all,

can you please suggest who should file ITR 2 as per Income tax law

Regards,
Ram

I want to know , if a Partnership Law firm provide Legal Service to Foreign Client, than the Law firm is required to Pay IGST? or they can file Letter of Undertaking for export service without payment of IGST ?

Kindly advice for this.

HOW TO CONDUCT ANNUAL AUDIT UNDER GST .PLEASE PROVIDE THE INFORMATION

One of my client got his GST registration certificate in August. He had applied for the same in July. Now the problem is while filing Returns July period is not showing but He is having some purchase bills for the month of July. How can he show the ITC while filing Returns.?

ram is a employee assessee. apart of salary he received a portion of return on investment made in share & security through his employer demat account. the employer settle his dues on daily basis. ram does't have any demat account. one another information about ram is that he deals in shares as business.
now i want to know that in which heads of income ram is assessed towards income from shares and securities.
plz rply..

i have taken GST registration for goods (packaging Material) and total turnover under 10 lacs if i provide service of accounting and consulting ,what liabilities for GST against my above service

Girish

Hello to All The Experts,

One of our client have received a notice for Foreign Exchange Credit used by the client. Our client has purchased and sold goods to china and received the tax paid certificate from the said Chinese Firm. We have utilized the said foreign exemption "UNDER DTAA" while paying the tax. Now the Income Tax department has issued the notice that the said exemption cannot be utilized.
Now we have to draft a Reply to this notice and I am unable to do the same.
Can you tell me how tho draft notice like what is to be mentioned which documents to take along with us while meeting the Assessing Officer.
Format of the same if made available is appreciable.
Reply requested as soon as possible.

All the respected member,
If i take a lone from an Individual Person for my House Construction and i pay monthly Installment on this amount to Individual Person .Can i get 80C Deduction on Repement of Principal and Interest Deduction under the head of Income from House Proparty .
Please Give me your Valuable consultancy.