Dear Experts,  Please clarify on cash deposited by the customer directly to our bank account will be considered as cash transaction or will consider transaction through bank U/S 269ST.  Bank details are with customer for doing RTGS to our account.

Sir/ madam, how to prepare a fixed asset register of a college ? Whether to show item wise details or to show total additions at the end ? Give an example...

Our PAO has deducted Income tax from salary bill & deposited with ITax and provided challan with BIN No but our CIN No how can we obtain CIN no

If I convert from cpt route to direct entry route, am I able to appear for ipcc in this November or only after 9 month articleship..

Company having main business of Extraction of coal and sell it to power houses. But in addition to this, company gets some income from following heads. please let me know whether GST will be applicable on them.
1) Some space had been provided to Bank for ATM and getting some nominal rent.
2) school bus has been provided to children of employees and outsiders for going to school and for employees its free but from outsiders its chargeable but at nominal amount. Company paid hire charges to bus owner and schools are not under company.
3) Company is having community hall to facilitate employees and local people for functions and charges are Rs. 2000 to 4000 per day.
4). Company is running hospital for employees and medicines which are not available in company store can be bought from outside medical store. Medicine are taxable so will it be any ITC at time of reimbursement for medical expenses.
5) company has provided accomodation to contractors and amount is being deducted in name of house rent, electricity and water.

can I get job if m 32now and have not worked after my articles at 22 and cleared my CA at 30

if we purchase goods from china and directy ship to saudi arabia can it possible? what precautions to be keep in mind. for this transaction we have open branch in china or no need plz clarify because we pay to china and sale proceeds received from saudi arabia thanks

As per section 115BBDA DIVIDEND RECEIVED from domestic company in excess of 1000000/- would not be exempt u/s 10(34). Does it count doubles taxation as there is no such proviso u/s 115-O relating reduction in dividend distribution tax(to the extent of dividend amount on which shareholder has paid tax) to be paid by such company ?? If there is any such proviso pls refer

Hi there,

If someone is a freelancer doing work with foreign clients (administrative jobs) but payment come to bank directly and don't have any Invoicing system etc.. can he/she opt for 44ada? if yes then total receipts are under 4 lacs then 50% would be 2 lacs, In that case does this person need to file ITR at all?

Last year this person have filed return with approx. 3 lacs income as business/profession and paid some tax on it too.

All answers are appreciated.

Thank you

if any business man not registered his business in any previous law and want to register in gst what is procedure