As per proposal in Finance Bill 2017, a new section 269ST has been inserted prohibiting receipt of cash in excess of Rs 3 Lakh. Banks / FIs / NBFCs have been exempted. (I feel these are exempted in both capacity i.e .as payer & payee as well) Whether cash withdrawal from bank (by ordinary person) in excess of Rs 3 Lakh is also covered?
As per proposal in Finance Bill 2017, a late fee is leviable in case of late filing of ITR. My question is in case Tax has been already paid within Previous Year / no tax is balance, whether in this situation also late fees is payable? Please share your views.
I want to ask that whether doing cs with ca have any worth as I am doing ca articleship or I should only concentrate on my ca final and shouldn't waste my time and effort in doing cs. Thanks in advance
Dear Sir,
I want to know whether benefit of indexation, currency fluctuation and set of long term loss on sales of office at singapore by person resident in India is eligible for set of against other long term capital gain in india or not during the f.y.2016-17
Purchase in f.y.2010-11(15-11-2010) for SGD889155@ & sales in f.y.2016-17(date:30-09-2016) @SGD784000
Kindly provide any relevant material if possible.
Earlier we were filing softex forms for export of services, so bank was treating us under payment code of 0807.
Now from some years we are not filing softex forms and bank wants to treat us as Software consultany.
What will be the effects in service tax, as our service tax earlier was exempt.???
Dear Sir,
my client cash deposit Rs.613000/- It is Received from Patnership Firm Rs.300000/as a capital Received and Remaing Rs.200000/- Loan from Relative and 113000 cash recived from Other Income. therefor Respose of Cash Deposit where Place is Shown
Sir I would like to know about CA final ..my CA final attempt in may 2019 so should I start preparing for final now only by self studies and which all books to be reffered for final and also which all subjects to be change till may 2019..
Sir/Mam,
With the change in the website of income tax how now I can know the name of the assessee against a PAN as the only information I am having is the PAN number. Earlier it was easy with the available option of know your jurisdiction A.O but now they are asking for user ID and password. kindly guide me on the same.
employees purchased mobile and the bill is name of employees and employer reimburse the expenses . can anyone help me in treating these mobile phone in books of accounts and taxability in the hands of employees ??
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Cash receipt in excess of rs 3 lakh.