Dear sir,
I am carrying out service type of engineering consultancy services. Until this March 2017, I was not liable to pay any service tax as my annual income was much less than Rs.10Lakhs.
Under the new GST regime, is the service tax exempted for annual income less than Rs.10Lakhs for purely service oriented businesses?
I will be very thankful for your kind advice.
Regards
ESB Rao

Dear Sir/Madam

I got loss while trading intra-day segment can i adjust this loss for this assessment year? i'm filling income from salary head...

Dear Experts,

I need to revise return for form 24Q quarter 4th. earlier i was using fuv version 5.4 and they have rejected it due to latest version. Now i have download new version 5.5 of FUV. but when i create etds file and validate it, it is read by FUV 5.4 only. Please suggest me on this. How to make it read by FUV 5.5. I need to submit this return urgently so that i can generate form 16 and can distribute it further.

I will really appreciate an immediate reply.

Thanks & Regards
XYZ

Respected Sir/Madam

We can not submit 2016-17 Assessment year Returns now right? Why it is available in Income tax department website?

Can we submit ITR 2014-15 Manually ? how to do it?

Hello all,

Facts:
One of our client is into business of trading of Bike accessories, Bike servicing & Bike customization business. He is currently not registered under MVAT Act. His Expected turnover would be around 10 to 20 lacs in the current year.

Query:
Can we get him registered under GST by opting Composition Schme. Wether Servicing & customization of bikes an eligibe business for Composition Schme.

WHO IS REQUIRED TO GIVE STOCK DECLARATION AS HELD ON 30.06.2017 ??? IS IT COMPULSORY TO GIVE FOR ALL??? AND WHICH TYPE OF STOCK TO GIVE (RAW, SEMI-FINISHED AND FINISHED)??

Hello, Sir i have a small query... just wnt to know ITC (of service) can be set off with gst tax outward (of goods supplied )....? pls rply

Hi..
X (Individual) have Intra day profit and Hp income . My doubt is that whether he had to file ITR 3 or ITR4

Kindly, guide me if i am correct as to the following calculation of Remuneration u/s 40(b).

Net profit post remuneration : 36476 (*above 8% of turnover),
Remuneration to partners:240000.,

Therefore, book profit is 276476 (net profit as increased by actual salary).

Allowable remuneration as per sec 40(b) is 248828 ( 90% of book profit)

Tax to be payable by firm is
Profit/(Loss) as per Profit & Loss account 36,476

Add: Inadmissible expenses & Income not included:
Remuneration to partners / members debited in P&L a/c 240,000
Total 276476
Less: Remuneration and Interest to partners - U/s.40(b) (248,828)

Net profit 28657

If the above treatment is correct, I have this doubt " How can we claim more remuneration (248828) than what we have actually incurred (240000).

Awaiting the response

Thanks & Regards,
Mahesh

I am a CA student but I really want to become an astronaut now because I love the moon. i want to go there .
So as per ICAI guidelines can a student do his Articleship from the moon.....so that my career is not affected due to this passion of mine.

and after clearing CA can i become a partner in BIG-4 from MOON only.
i also want to open a branch of ICAI on the MOON ....is it possible ?