Hi sir.....iam confusing about tarrifs for hotels ans restaurants... Hotel and restaurant whose turnover is lessthan 50,00,000 would fall in 5 %catogory.. But non ac hotels and restaurants would fall in 12% category ... How to understand the situation sir... Plz help me sir..

Hi... I am confusing tarrifs about hotel gst rates.... Gst rates for hotels whose turnover is lessthan 50,00,000 would fall in 5% catogory... But non ac hotels would fall in 12% category... How to understan sir.... Plz help me sir...

Please clarify this to me whether payment for furniture purchase made in 2016-17 however bill for the same has been received in 2017-18 mentioning date 23.05.2017, so whether bill to be entered in 2016-17 or 2017-18???

Dear Sir,
In AY 2017-18 itr 4, I found the following col. in schedule BP -
Through a/c payee cheque or a/c payee bank draft or bank electronic clearing system received before specified date

What are these specified dates.
Please clarify.

can a doctor form a HUF and receive some portion of his professional income in HUF as a measure of Tax planning please provide the solution along with case law or section of IT Act

I have borrowed some funds from a party in the last PY. Now the party is mailing me again and again and asking to provide them TDS Certificate for the tax deducted on the interest liability. But, I haven't deducted any tax as I think that a firm covered u/s 44AD is not liable to deduct TDS. Please tell, whether I am correct or not? P.S: My firm was never get audited in sec 44AB & I don't have TAN No.

HI,

Pvt. Ltd. Co. is partner of LLP. So I want to know that Pvt.co. partner of LLP can give loan to LLP??? Please share any Legal section for the same.

can i get articleship after 1 year 10m of articleship? like transfer is successfully taken but 1 year 2m of articleship is left. for such less period is it difficult or something to get articleship? i cant go for industrial training as 3rd year of articleship has not started yet. 2years 10m are over and for industrial training one should b in 3rd yr of articleship. *Transfer is already taken*

Hi!

I have a query. What is the maximum amount of deduction any individual can claim by investing anywhere under Section 80C or any other sections per Year and under which sections.

Suppose one can invest in PPF and get a deduction of Rs.150000 and where else can one invest or do anything. Please advise.

Thanks!

Suppose there are 2 partners in a firm. Both of them retire on same day & their capital is converted to loan a/c of the firm and 2 new partners are admitted who are family members of retiring partners.. Does this amounts to succession or change in constitution of the firm??? What shall be the income tax implications?