Hello
as per the press release, foreign national and NRI not having a bank account can give their foreign bank account details to claim refund. One of my relative, who is foreign national filed income tax return for Income earned through Astrotalk an online site. Refund is due and processed. However, refund is not credited due to non validation of bank account over income tax site with valid pan. Being foreign national, he dont have bank account in India. Raised a grivience but no use. It answered the same, no validated bank account. How a foreign national can validate his account if he dont have in India. All valid details of foreign bank has been given in ITR. Can anyone provide solution as to how to claim refund
dear Sir
Please provide business code of income from repair of Electrical Goods
Can cross gifts are taxable under Income Tax Act ? For Example: Mr.A received an gift in the form of cash/Kind amounts to Rs. 10 lakhs from Mr.B and Mr.B returned the an amount of Rs.8 lakhs to Mr.A. Both A & B are relatives. In this scenario, can cross gifts are Taxable ?
Thanks in advance.
Dear Sir
A and B both are working in Same roof. Both have separated PAN and GST Number. Mr.A raised a invoice to XYZ Rs.50000/- XYZ deposit Rs.25000/- to MR.A and by Mistake RS.25000/- to MR.B account. Now in the books of accounts Mr.A, XYZ balance debit Show Rs.25000/- and books of account of Mr.B xYZ credit balance show Rs.25000/- and in the books of account of XYZ balance is NIL
Please suggest how to deal A and B ( MR. A is books of accounts cover 44AB and Mr.B 44AB(e)
Dear Sir,
Its mandatory to show GP & NP % Ratio as per last year. Can we increase- decrease as per Compared to last year . Turnover Rs.2 Crore Books cover under Audit 44AB
Please advise Sir,
I am a CA qualified in Nov 2009...my role and responsibilities include:-
1. Monthly filing of GSTR1,GSTR3B of 4 GST registrations and quarterly filing of 5 GST registrations.
2. Year end closing after finalization of Balance Sheet.
3. Preparation of Annual financial statements.
4.Coordinate with Stat and internal Auditors.
5. Preparation of 3CD data as required by auditors.
6. Computation and payment of Advance tax.
7. monthly payment of GST,TDS and EPF(not involved in TDS and EPF compliances just making payment.)
8. Filing of GSTR9,9c independantly.
9. Monthly,quartrely,yearly as the need arises reconcilation of 2A,2B with books of accounts.
My current CTC is Rs750000. What should be as per my current profile.
Further what other skills i need to add on to get the better package
Interest earned on PPF is tax free in old tax regime . Will the interest earned and maturity amount on PPF balance be taxable in new tax regime ?
Dear Sir,
received Advance from Customer is Other long-term liabilities OR Other current liabilities and Advance to Supplier is Other non-current assets OR Other current assets
Please suggest
Dear Sir,
received Advance from Customer is Other long-term liabilities OR Other current liabilities and Advance to Supplier is Other non-current assets OR Other current assets
Please suggest
Surrender letter for closure of Professional Tax.