CA Shubhanshu Jain's Expert Profile

Queries Replied : 469

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About me

    What kinds of questions I can and can't answer?
    i can answer questions related to income tax, service tax, audit, i can't answer questions related to sales tax, excise

    My area of expertise
    Income Tax, Accountancy, Audit

    My experience in the area (years):
    5

    Organizations I belong to:
    Shanti prasad & Co., Legal Raasta Technologies private Limited, Satinder goyal & Co.

    Publications or writing which has appeared :
    Not yet published

    Educational credentials:
    Chartered Accountant

    Award & Honors:
    No awards till now

  • Gurpreet Singh Bajaj says : 5000 purchase limit under rcm
    Sir i want to ask This 5000 limit of purchase from unregistered dealer is for single day or a month or one bill ?

  • shree ram says : about credit card payment
    hai sir, we are maintaining a bank account with standard chartered bank and having a credit card too, our bank accounts gets debited automatically for the credit card dues, now the issue is how to make entry for this transaction and whether i have maintain separate ledger for credit card or whether it is not required?

  • muhammed shanid says : Accounts
    Sir, i am working as an accountant. sir, the business has started from this financial year ie, 1/4/2017 but we incurred some expenses with the procurement of assets (machinery,computer,etc) and some other room preparation expenses, these expenses were paid by the proprietor from his personal cash/cheque and some of the payments were before the financial year ie, before april but all in month of march 2017. sir how do i record these transactions into

  • Kumar Sushank says : Service Tax Chargable or not?
    I have registration in service tax with private limited company, I am purchasing hotel accommodation & tour package from our foreign agents in the name of our clients & selling our domestic or international clients. Is service tax applicable, Should I pay Service Tax according to Reverse Charge Mechanism(Import of Service) and also charge with my client for availing Cenvat credit?


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