Kannan Sanker
29 September 2017 at 07:02

Bus operater

sir i am having two bus. business is partnership firm.My annual income is below 7000000. . Business running some times loss. and sometime with very low profit. can i audit myself for paying income tax. or i must see an auditor .because i want to save auditor fees.please reply sir.


kalpesh patel

Hi I have paid my liabilities for GST On Last Date,But Reflection of cash in ledger came in next day after due date, so i have paid penalty for one day 100 each for SGST & CGST ,while offsetting it shows insufficient balance but it is not so. kindly guide me in this regard Thanks.



Anonymous
29 September 2017 at 01:08

Challan paid in wrong head

here our one of client paid amount in wrong head in gst challan he is paid penalty instant of fees and another one paid fees in head of igst instant of CGST and SGST what is process of challan correction in GST.


C.S.MADHURANATH
29 September 2017 at 00:47

Section 80 c of the income tax act

Sir,
INVESTMENT IN FIXED DEPOSIT OF 5 YEARS OR MORE ELIGIBLE FOR 80C BENEFIT:
QUERY NO 1: WHETHER INVESTMENT IN A CO-OPERATIVE BANK IS ELIGIBLE FOR THIS BENEFIT?
QUERY NO. 2: WHETHER RENEWAL OF DEPOSIT CAN BE CONSIDERED AS INVESTMENT?
THANKS


SFaidhi
29 September 2017 at 00:07

TCS

Concerning TCS, If I am a manufacturer and am not eligible for deduction of TCS by my supplier, I am supposed to furnish Form 27C. My question is- Am I supposed to furnish the same form everytime I purchase from the same seller?


Sabita Sahoo
29 September 2017 at 00:06

Transitional itc

Sir,
In table 7c,what does the phrase "total input tax credit claimed under earlier law" mean? Is it same as put in table 5c ?


SFaidhi
29 September 2017 at 00:04

Depreciation

If an asset is completely depreciated as per Companies Act, but it is still having written down value as per IT act in the financial year apropos. Can we still claim depreciation as per IT Act for the calculation of Taxable Income?


Nithin PS
28 September 2017 at 23:31

Gst

Hi Experts
we r manufacturers of candied fruits from Tamil Nadu. Our Tax rate is 12%
We have a go-down at Bangalore, our problem is, wen we transfer our goods to Bangalore go-down we have to put 12% GST.
Is there anyway to save this tax at the time of goods transfer. ?


Nithin PS
28 September 2017 at 23:27

Gst

Hi Experts
we r manufacturers of candied fruits from Tamil Nadu. Our Tax rate is 12%
We have a go-down at Bangalore, our problem is, wen we transfer our goods to Bangalore go-down we have to put 12% GST.
Is there anyway to save this tax at the time of goods transfer. ?


PALASH
28 September 2017 at 23:26

Query sec 420 ipc ?

Query Sec 420 IPC ?

One of my clients has taken a personal loan of rs 1.80 lacs from a bank on behalf of a third person ( X ) on an oral condition that after few months or years X will pay the loan amount to my client .
So naturally loan amount credited to my client's bank account , and then the amount of loan transferred from my client's bank account to X's bank account , actually INITIALLY X forced to my client to take that loan in his ( client ) own name . So naturally EMI debited from my client's bank account . But after few months X totally denies that condition and he didnot wants to pay that amount taken from my client as loan . So it's a 420 CASE .
So my question is that , whether my client will be able to collect that amount of loan from X or not through a legal case ?
Whether my client will be able to file a case sec 420 IPC against X ?
If any options , then pls clarify .

Thanks .






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