MBK AND ASSOCIATES

PLEASE SUGGEST ITC CAN BE CLAIMED OR NOT


NISHANT SIPANI
11 January 2025 at 18:08

Llp 18 months is allowed?

In case LLP has been incorporated on or after 1st October of financial year, then LLP can close its first financial year either on the coming or next 31st March i.e. LLP files its first financial year details for 18 months.


Sreekumar J Paipro badge

company balance sheet shows surplus ( negative balance) on the asset side of the balance sheet. How it should be treated while preparing liquidator's statement?


Jhansi Geddam
11 January 2025 at 15:27

Salaries to Executive Committee Members

Can salary be paid to an Executive Committee member if he/she is spending their entire time and effort in the activities of the Society ? This Society is registered under Andhra Pradesh Societies Registration Act of 2001


VINOD PUROHIT
13 January 2025 at 10:43

Regarding EPR Obligation Charges

Respected Sir/Mam,
i am a purchaser of preform and i want to know that under which head in tally prime does "EPR OBLIGATION CHARGES" LEDGER COMES?. This charges are added in the bill which i have received from the party..

thnks rgds
vinod
8490095003


Somnath
11 January 2025 at 12:11

Capitalization of advance (Incl GST)

Dear All
Is it possible to capitalize an advance (Incl GST) amount with out RA bill in case of construction contract ?


Akshit Jain

If a parent gifts 60 lac via cheque to his adult son and the son deposits the cheque in his savings bank account, does the deposit trigger an ITR filing obligation for the recipient under *Section 139 (1) and rules 12 AB of the Income Tax Act, 1961.? The son has no taxable income.


Divyesh Ajmera
10 January 2025 at 17:31

RCM Claim time limit

Can we claim RCM payment for f.y. 2018-19 and 2019-20, if payment made now?


Urvashi@0311

Hiiii!!!!
i had bought gold mutual fund in year 2021, and sell in the year 2024-2025. what is my period of holding? what is ,y tax rate?
please provide clarity on taxation of Gold mutual fund and Gold ETF purchase before 1/4/2023 , between 1/4/2023 to 31/3/2025, purchased after 1/4/2025- Period of holding, capital gain, tax rate ?? indexation benefit or not??


Divyesh Ajmera
10 January 2025 at 17:08

TDS deduction.

Is TDS is deductible if payment reverse by individual to NRI by filing 15CA?
Code :- s1502






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