Our asset got damaged and become unusable, hence we sold the same as is where is basis.
asset book value = 50
sold after damaged = 8
balance book value of asset =42
Insurance claim = 100
diff = 58 excess, on this Rs. 58, payable any GST on this insurance claim? or show only gain income in p&l

Hi,
Can any one solve below mentioned My query

Suppose Indian resident Sister gift a watch to her brother who is non resident india and Non resident brother gift A INR rupees from NRO account to indian resident Sister
What is Implication Under FEMA Act is there any limit to rceipt INR gift Under FEMA
What is the Tax implication as per Income tax Act as well
Give refrence to check

Sir,

Previous FY 2020-21, 2021-22, Turnover Rs.2500000/- NP 4750000/- Proper books of account maintained. But File ITR-4 under presumptive income. FY 2022-23 i cant file ITR-4 because income from Agriculture so ITR-3 is eligible in case. so while filling ITR-3 i need to show income Section 44AD presumptive income OR show income under NO account case. (2) in FY 2022-23 proper books of accounts mainted. We need to mention yes OR NO (are you eligible to Maintained books of accounts as under Section 44AA )

Dear Sir,

I need a format for Project report for Commercial vehicle for the purpose of Bank Loan

Sir,
please educate to me. May be I am wrong. Turnover Rs.1.95Cr. NP 9 Lacs. audit done under section 44AB from CA. but while filling ITR3 Service provider mention. Are you liable to Maintain books of accounts section. 44AA ( he mention NO) He filed ITR3 and still under processing. when I ask to him we already Maintained books of accounts so we mention YES he told me I know what I did it's not your business. Please suggest

Value of property is Rs.90,00,000/-. and property is owned by 4 owners , one of them is minor .

so minor's tds is to be paid in the name of minor's pan card or guardian pan card

Pls reslove

Hello Experts,

How can I get a consolidated GSTR2A for a financial year?

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

few vendors issue invoice without stamp i.e. with only signature .

As per my knowledge GST act says it needs to signed ( there is no mention of affixing seal of the company)

Can we face any problem with gst department if we have invoice signed but no seal/stamp ??

Dear Sir / Madam,

This is Rajesh, I want to know about the RBI guideline for Sale of property. I am resident of srilanka, but I have assests (Land & property) in india. Now I want to sell my indian property. If need any special permission for Property selling from RBI. Please advice and any notification is applicable. Please share.

Can the sale of shares on a delivery basis be included in turnover if share trading is one of the firm's primary business activities?