Aakanksha

is it worth doing?? and can final student join it??


ADINARAYANA PRASAD KC
11 May 2017 at 17:25

Nps withdrawal

Income tax liability on NPS WITHDRAWAL BEFORE 60 years



Anonymous
11 May 2017 at 17:22

Interest income

How to dealt with interest earned on money lent to relatives and friends while furnishing return of income!


Rakesh Mittal

Dear Professionals,
Kindly arrange to give your valuable feedback on appended issue;
Whether GST is applicable on High seas sales or not ? If no then please share relevant provision. If Yes then i have further query.

where A is an importer of goods and sell to B on HSS. Where B do further HSS to C. C is filing a Bill of entry.
Q: Whether GST will be applicable on transaction from A to B ? And who will be liable to collect and deposit ?
Q Whether GST will be applicable on transaction from B to C? Who will be liable to collect and deposit ?

Regards


SHREEPAL LALWANI
11 May 2017 at 16:46

Impact of car purchase in cash

Dear Sir,

I want to purchase Car Value Rs. 7.50 Lacs. Should I pay whole amount in Cash for purchase of car if not then up to how much amount I can pay in cash for purchase car?



Anonymous
11 May 2017 at 16:28

Correction of challan code

While doing self assessment tax submission, by mistake challan 286 is selected instead of challan 280. Please help in solving the issue.What all I have to submit along with the letter to tax officer.Please help to write the letter to tax officer.


rohit mishra
11 May 2017 at 15:24

Reverse charge

Dear sir,
If branch of ABC LIMITED( NOT LISTED), receive professional service of Rs. 24000 for preparing its Vat return
from A person Mr. X (NEITHER AN ADVOCATE NOR REGISTERED IN SERVICE TAX). then Company is liable
to pay reverse service tax on Rs. 24000.00 as professional fee.
please guide.



Anonymous
11 May 2017 at 14:56

Share trading

AN ASSESSEE DERIVES INCOME FROM SHARE TRADING (EXCLUDING SPECULATION). WILL THE INCOME BE TREATED AS CAPITAL GAIN OR BUSINESS INCOME? HE ALSO HAS OTHER SOURCES OF INCOME FROM BANK INTERESTS.



Anonymous

Sir, one of my friend received a notice for non filing of income tax return for AY 2015-16 & Also the notice demanded explanation for cash deposit of more than rs. 200000/- for same assessment year. Actually my friends father died during FY 2014-15 & before which he made FDR of certain amount at co-operative bank. after death of father friend encashed the fdr from co operative bank.. & the bank provided the amount to him in cash. and he deposited the cash into his saving bank account in the same financial year 2014-15. As my friend was dependent on his father... he does not have any income.... i want to know what reason he will provide for non filing of Income tax return ?? Also what will be nature of income... he got due to fdr encashment... i mean will it be treated as gift...or something else.. as the department asking for source of cash deposit???

Read more at: https://www.caclubindia.com/experts/ask_query.asp


CA Darshan Soni
11 May 2017 at 13:49

GST FACILITATION CENTER

Can a chartered accountant have a GST FACILITATION CENTER?





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