A NRI who got gift from his mother (who is a green holder in USA) . He wants to transfer either as a gift or loan to his father in law & Mother in law . Both Father in law and mother in law are citizen of india. Is it permissible and if it is permissible how much transferable as gift or how much transferable as a loan under income tax act and fema act. What procedure to be followed
GST taxpayer registered in Karnataka needs to issues tax invoice to taxpayer registered in karnataka but in SEZ.
whether to charge CGST-SGST or IGST on bill ?
Dear Sir,
One of my client is into business of trading of Industrial products. I want to know can I file his Income Tax Return U/s. 44AD. His Turnover is below Rs. 50 lacs.
Please advise in this matter.
Regards,
Divyesh Jain
a regd. under profession tax as employer but not paid and filed the tax under maharashtra profession tax. what is the consequences with regard to interest and penalty?
what is the penalty for non registration under maharastra profession tax act?
is a commercial co.op society reqd to be registered under profession tax act in maharashtra?
XYZ Ltd. (Maharashtra) paying freight charges on purchase of goods to the transporter for transporting goods from
1) Chennai to Maharashtra where the transporter is from Chennai
and
2) Chennai to Maharashtra where the transporter is from Maharashtra
In both cases, XYZ need to pay GST under reverse charge and in that case XYZ need to pay CGST + SGST or IGST?
what is the consequences for not registering under PROFESSION TAX under maharashtra profession tax act?
what if regd and not paid the taxes for employers?
the penalty and interest leviable
Sir, We have purchases JCB can we claim its ITC . We are Giving JCB on Rent & Charging GST on Such HIre Charges. Please Help Thank You
When there is a amalgamation then how to claim TDS & Advance tax paid by amalgamated co., while filing IT return.
Dear Expert,
I have a query regarding long term capital gain tax, I have invested in 3MF equity fund for long term. If i have profit of more than Rs 1 lakh in long term then how will tax be calculated on that because my question about that is, as per IT rules, if you have profit of more than Rs 1 lakh in a financial year If you get it, then you have to pay 10% capital tax, but I am not getting this capital gain in one financial year... because I have many more years invested.
Though there is no GST levied on books but there are some books like a Box Set in the nature of Puzzle which contains book as well as puzzle. Please advise whether GST is applicable on such type of Box Sets while importing these box sets into India and their domestic supply within India and if yes, at which rate?
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
Fema & Income tax act as regards transfer of money to relatives