CA PARAS BAFNA's Expert Profile

Queries Replied : 9397

I am a practising CA from Surat

Sharing the knowledge is my hobby.

Favourite field of activity is Income-tax .

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Ashish N Tailor says : service tax on rent a cab
hi can u give me illustration according to notification 30/2012 st...?

Nell says : Retail Gold Purchase
Sir, Can we purchase retail gold for 1 lakh in cash and show it as asset in balance sheet of proprietor account if the account does not need auditing. Mahesh

prashant jain says : due date of return
sir my turnover is less than 60 Lac & My Net Profit Also Less then 8%. As per Rule When Net profit Below 8 % Income Tax Audit Is Must. But I Am Little bit Confused For Due Date Of return Fileing What Is Due Date Of return Fileing. Please Guide Me

girigattupalli says : thanks
respected sir the qurries relates to commission income which you have answared are made by me .thanks for your favour. giri tax consultant kavali spsr nellore andhra pradesh

nitin says : VAT
dear sir, i am taking a distributorship of a mobile company from delhi and wish you sell to local wholesellers in chennai without paying VAT. I came to know that i can do so against E1 sales and get form c from the registered dealers to whom i am selling. please confirm me if i can do so and there is not limit for E1 sales ? Thank you.