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 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.

AT PRESENT INDIVIDUAL TAX INVESTMENT THRESHOLD LIMIT
U/S 80 C IS RS.150000/-

IN ADDITION TO U/S 80C, WHICH SCHEME IS AVAILABLE FOR TAX
BENEFIT FOR F.Y.17-18, SO THAT INDIVIDUAL CAN SAVE MUCH MORE TAX

PLEASE GUIDE

THANKING YOU
RAJKUMAR GUTTI

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Hi

I have an legal agreement with my company where company spent around 5 lakh for my higher studies. now due to some medical problem i am leaving the organization and i have to pay 5 lakh back to the company.

Will i get any tax exemption as i am already paying tax as per my current slab but now i will be in Rs 5 lakh loss as payment towards legal agreement.

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whether the rate @25% u/s 115ba is applicable to all the companies(existing and new)

Sir,

Please Tell me any one how to calculate GST On Manpower Supply Service.
For Example

Total Work Days in Month 468 Days
Rate Per Work Day Rs.313.5

Basic Amount (468 X 313.5) = 1,46,718/-
Service Charge for Man power supply (1,46,718 X 8%) = 11,737/-
ESI 3% on Basic Amount(1,46,718 X 3%) = 4,402/-
PF 13.5 % on Basic Amount(1,46,718 X 13.5%) = 19,293/-
---------------
Total = 1,82,150/-
--------------
IGST on (1,82,150 X 18%) = 32,787/-

Grand Total Bill Amount (1,82,150+32,787) = 2,14,937/-

Please replay me above calculate correct or wrong. if any wrong plz provide calculate sheet.

GST amount on purchase of fixed assets should be capitalized or not?