Sir,
Sec 44ad it returns filed jewellery business and pawn brokeing business person money (loan)paid to customer rs:1 lacs through on cash mode.
Question:
1.money pay to customer rs:1 lacs cash mode allowed and cash transactions limit in it act.
What should be the gross amount on which TDS u/s 194Q of IT Act should be deducted. If the bill value includes VAT, should TDS be done on amount including VAT or excluding VAT ?
Answer nowHello,
I want to know how to prepare invoice for e-commerce export sales.
Should I prepare export invoice in USD or INR and send with the dhl parcel? Buyers pay me in USD via PayPal, Paypal deposits in INR in my account.
Thank you for your advice and time.
Regards
We have to sell some goods to our sister concern which is in excess of Rs. 50000.00
Both the firms are registered with the same address. Since there is no actual movement of goods and not transportation is involved, in this case do we have to generate e way bill for the same. If yes then how will we deal with filling the transporters detail.
Pls guide on the same. Thanks in advance.
My wife earned Tution Income in FY -2020-21 about Rs. 2.7 Lacs, which ITR form will be applicable, apart from this she has no income
Can I show this in ITR-1, Income from Other Source
Sir,
Any registered dealer DRC 03 challan payment applicable sections in gst act.
Respected Members,
Kindly solve my below confusion, please.
Event 1: One employee regularly spends his own money on office expenses and other purchases for the site. He has submitted bills but will collect money from me(Accountant) partially.
Event 2: Another employee takes money from me(accountant) in advance regularly for the expenses and settles the bills partially.
Can I create their ledgert under Current assets or Current liability?
Kindly help me
Have a simple ITR 2 with only Pension , Interest and Dividend. On completion of offline utility, validation successful with "no errors found". However, while verification (during upload into the department website), an error "1a- dtaa dividend-system calculated value is not equal to value at 3(ii)" pops up.
Interestingly, tried the same on online mode with the same results.
Is there a glitch or am I missing something. Would appreciate help and advice. Thanks.
A composite tax payer outward supplies tax rate wise not reported column 6 of gstr4 in f.y.20-21 negative liability show in gstr4.
Question:
Dealer composite return April-june-21 quarter sales turnover show in April to June-21 return only or previous year in 20-21 sales turnover both sales turnover show in cmp-08 return April-june 21 quarter is correct method.
I have a education loan with Bank of Baroda. The savings account linked to this bank is a joint account where I am a secondary holder and my mother is the primary account holder.
If I make EMI repayment from this account, will I be eligible for 80E deduction?
Note: The loan is on my name.
Also, I tried for an ECS from my salary account in HDFC but the bank is refusing that and advising to make payment through BOB savings joint account, so I will be transferring from salary account to BOB account.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
Cash transactions allowed