one of my client, whose status is huf, got partition totally and a registered partition deed is executed. The problem is how to report total partition in the ITR 3 for asst. year 2018-19 and how to get recognition order of division of huf under sec.171 of IT ACT![]()
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How to mention total partition in itr 3
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Best online coaching for ca final group 2
Please let me know best online classes for CA final Group 3![]()
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Treatment of agricultural income and capital gain aspect
My relative is planning to sell about 10 acres of ancestral agricultural land within municipal limits. She is expecting about 10 crore from the deal. she already owns 3 houses. She is planning to buy 6 crore worth land in another city. With remaining 4 crores what is best investment option to save tax and capital gain for her. She is also desirous of investment in MF and purchasing a commercial shop. is it advisable?![]()
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How much gst should i charge? hsn query
Hi,
I am about to start running an online business wherein I deliver curated dry snacks, juices and fresh fruit. In my own companies larger packaging I will be inserting snacks from other companies which have their own separate packaging.
My annual turnover is not more than 20L but I read that I still need to charge for GST because this comes under an e-commerce business.
What would be the HSN for my product or how much GST do I charge my customers?![]()
I am about to start running an online business wherein I deliver curated dry snacks, juices and fresh fruit. In my own companies larger packaging I will be inserting snacks from other companies which have their own separate packaging.
My annual turnover is not more than 20L but I read that I still need to charge for GST because this comes under an e-commerce business.
What would be the HSN for my product or how much GST do I charge my customers?
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Non registration of gst
Dear experts, one of the client whose business is construction of houses, it has done the turnover of more than a crores, but it has not registered with the GST authorities, and it has not collected the GST from its customers. It has file the income tax returns for the asst. year 2017-18
What will be the consequences?![]()
What will be the consequences?
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Income tax deductions on........
which Income tax deductions come for EWFS(employee welfare fund scheme) and EHF(employee health fund)....![]()
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Post result and qualified ca ...
Guys, what are the first things have to do after clearing CA.....I mean any thing to do with ICAI regard Membership ? and else ?![]()
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Hra
Is rent agreement is mandatory for hra exemption.
I found reference on site :
https://www.caclubindia.com/experts/is-rent-agreement-is-mandatory-for-hra-exemption-1119349.asp
But I want to check if it still holds true ?
Do we need to submit Rental Agreement mandatorily for claiming HRA ?![]()
I found reference on site :
https://www.caclubindia.com/experts/is-rent-agreement-is-mandatory-for-hra-exemption-1119349.asp
But I want to check if it still holds true ?
Do we need to submit Rental Agreement mandatorily for claiming HRA ?
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Gst on foc supply
XYZ(Manufacturer) supplying goods to customers on payment of GST. Subsequently, goods are supplied on FOC basis, 1) During warranty period if found defective or damaged or 2) After warranty period if found defective, damaged or short supplied. a) Whether XYZ is required to pay GST on goods supplied on FOC basis under both the situations i.e. before and after warranty period? b) How to arrive at the value for FOC supply c) Whether proportionate ITC is required to be reversed if GST is not required to be paid on FOC supply?![]()
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Risk manasgement process
We had received an intimation from Income Tax Dept regarding claim of refund for AY 2017-18. We had checked and responded as 'The claim of refund is correct' .
Kindly let us know what IT Authorities mean by their sentence
'Your Income Tax Return has been selected under risk management process' . Is it meant as 'selected for scrutiny'.
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Kindly let us know what IT Authorities mean by their sentence
'Your Income Tax Return has been selected under risk management process' . Is it meant as 'selected for scrutiny'.
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Practicing chartered accountants
Hello,
Can some one please clarify whether a
a) COP holding Chartered Accountant accept commission payable to DSA for referral in his own name?
b) If not then how can a practicing CA become DSA and accept DSA pay out commission?
Because as per one of the clarification by Ethical Standard Board "a Chartered Accountant in Practice can act as a DSA and has to comply with certain conditions as per circular".
But as per Code of ethics a chartered accountant in practice can not accept fess based on percentage. Further DSA commission pay out does not fall in the exceptions to this clause.
Regards,
Jugal Thakkar
![]()
Can some one please clarify whether a
a) COP holding Chartered Accountant accept commission payable to DSA for referral in his own name?
b) If not then how can a practicing CA become DSA and accept DSA pay out commission?
Because as per one of the clarification by Ethical Standard Board "a Chartered Accountant in Practice can act as a DSA and has to comply with certain conditions as per circular".
But as per Code of ethics a chartered accountant in practice can not accept fess based on percentage. Further DSA commission pay out does not fall in the exceptions to this clause.
Regards,
Jugal Thakkar
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Accumulated 15% income of charitable trust
Sir, After spending 85% of the income of charitable trust, can keep the balance 15% in reserve, how many years the trust can keep it without spending for any purpose.Is the amount to be kept idle in the bank account always, or end of the year balance is enough, please reply.![]()
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Payment through esbtr for stamp duty
In case of online payment of stamp duty through ESBTR in case of share certificate, if the other party is Foreign body, it demands for FID as identity proof. What exactly is this FID?
Thanks in Advance![]()
Thanks in Advance
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Ca final attempt
I have completed my ca-ipcc in May 2017 and I registered my articleship on 1september 2017. If a student wants to appear for his CA final exam in May 2020 the last date for registration is 30 October 2017(30-10-2017 to 30-04-2020 i.e two and half years as per rules)
As I registered well in advance on 1-09-2017 I am eligible for May 2020 attempt.
Now on 31 December 2017 I've terminated my articleship.During this tenure I've taken 44 days leaves.
And I rejoined my articleship on 25 APRIL 2018. so there is a break in my articleship from 1 January 2018 to 24 April 2018 that is 114 days.
My question is will I be eligible to attend my ca final exams in May 2020 ,if not when do I am eligible for CA final exams![]()
As I registered well in advance on 1-09-2017 I am eligible for May 2020 attempt.
Now on 31 December 2017 I've terminated my articleship.During this tenure I've taken 44 days leaves.
And I rejoined my articleship on 25 APRIL 2018. so there is a break in my articleship from 1 January 2018 to 24 April 2018 that is 114 days.
My question is will I be eligible to attend my ca final exams in May 2020 ,if not when do I am eligible for CA final exams
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Tds intimation u/s 200a/206cb
I Was received Intimation u/s 200a/206cb,
Reason is TDS Amount was paid delay by 3-6 days every month, so in intimation it was mentioned under 3(b) Interest on Late Payment is Rs. 171/-
So, How can i deal with this situation,
Whether i required to file Revised Return OR Not,
Is it sufficient to just Pay Rs. 171 without Revising Return or any other communication to The Dept.,
Please help me in this regard
Thanks in Advance![]()
Reason is TDS Amount was paid delay by 3-6 days every month, so in intimation it was mentioned under 3(b) Interest on Late Payment is Rs. 171/-
So, How can i deal with this situation,
Whether i required to file Revised Return OR Not,
Is it sufficient to just Pay Rs. 171 without Revising Return or any other communication to The Dept.,
Please help me in this regard
Thanks in Advance
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List of exam centres in pune
Can anyone let me know the list of exam centre /college address for CA final Nov 2018 exam in Pune .ie where the exams are normally held.
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Import gst itc
Good Morning,
My client has been imported capital goods and paid GST 18% under Custom Act..
The details of GST are mentioned in Bill of Entry.
Sir/Madam What is the procedure for ITC ?
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My client has been imported capital goods and paid GST 18% under Custom Act..
The details of GST are mentioned in Bill of Entry.
Sir/Madam What is the procedure for ITC ?
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Sett of carry forward of losses
case laws relavent for setoff of current year business loss against capital gains. Please its urgent.![]()
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Can claim itc on capital goods
Dear Sir,
I was purchase a new passenger vehicle for my business under rent a cab on july 2018 through bank loan.I have original invoice with my GST No. but not claiming the ITC of GST paid at the time of ourchase up to Dec-'2018.Is it posible to claim the same at the time of filling GSTR3B for the month JAN-2019. Kindly Advice me.
Mahesh![]()
I was purchase a new passenger vehicle for my business under rent a cab on july 2018 through bank loan.I have original invoice with my GST No. but not claiming the ITC of GST paid at the time of ourchase up to Dec-'2018.Is it posible to claim the same at the time of filling GSTR3B for the month JAN-2019. Kindly Advice me.
Mahesh
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Tds u/s 94j or 94c
SIR, I AM GIVING ACCOUNTANCY BOOK WRITING SERVICES TO A PVT. LTD. CO. AND CHARGING RS. 15000/- PER MONTH FOR THE SAME. IN WHICH SECTION TDS SHOULD BE DEDUCTED U/S 94C OR 94 J AS I AM ONLY GRADUATE AND NOT QUALIFIED CA.
THANKS
RAJ![]()
THANKS
RAJ
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