I have a property in which I am residing I have been filing ITR 1 last year my brother bought a property(and occupied it) and added my name as second holder only for security reasons. All the payments have been made by my brother do I still have to file ITR1?

Dear expert my question is which is the best syllabus for IPCC new or old please give the right suggestion sir iam confusion

Dear Sir,

Gratuity received by PNB Employee rs. 10,00,000/- on retirement after 32 years of service. Is there any special exemption to PNB Emplyees for gratuity or the provisions of Gratuity Act 1972 will apply ? Is whole gratuity is exempt from tax>

Please reply.

Dear Experts.
my turnover is below 20 Lacs also not having any interstate transaction Hence Not registered in GST

but i have heard that i cannot sale the goods in excess of 5000 per day.
pls do let me know is it correct...... what is the rule of this 5000

Thanks In Advance
Mukul Jain

I am a registered wholesaler trader and i am selling the goods to a unregistered dealer. Which invoice should i issue for him and what is the limitation of this amount. And what is the provision for sale out the goods to unregisterd person?

If a person is providing both Restaurant and Hotel Stay Room Service then he cannot opt Composition scheme. But sir if the hotel room rent received is less than Rs.1000/- per day then he can opt Composition Scheme?

Dear sir
Taxable nontaxable good sales how can taxes paid total turnover tax or only taxable turnover tax lagse

I qualified in Nov-09. Thereafter worked in a CA firm for 10 months. Then joined a industry in which owner is past president of our ICAI.
Surprisingly Balance Sheet is signed by them with very carelessness even Fixed Asset figures are negative.
Owner is bound with old staff if 2+2=5 is written then no matter it is signed.
No exposure obtained after joining in this organisation.
Presently earning 37k per month don't know what to do

Sir,
If we buy from unregister (exempted service or goods) we have to opt for reverse charge mechanism.

If the same buyer register in GST (Voluntarily) under exempted service or below Rs.20 lakhs. here also reverse charge to be applied.

please guide me

P RAVI
Accountant

A partnership firm has started installing Plant and Machinery in F.Y. 2016-17 but installation is not completed till 31st March, 2017 so production was not started till 31st March, 2017 and production is start in July 2017. Firm paid interest on capital to partners on their capital investment in firm for purchase and installation of Plant & Machinery and construction of factory building. Whether interest paid to Partners on capital for above purposes is treated as capital expenditure and capitalized the same in firm books of accounts or treat as revenue expenditure pls. reply