Hi I just passed class 12 and I got admission in delhi university, arsd college but I want to pursue cma along with regular college. but I am not sure are there job opportunities available after becoming cma and can cma open their own firm like ca ?

Dear sir,
due to some over sight my hsn summary was not uploaded in gstr-1 for sept and return filed.please advice me any solution,if i upload same with next month their once again mismatch in sale data and hsn summary
with thanks

Dear all,

My query is what type of rice is GST attracted i am bit confused in this, please give a clarity on this and one of my client is selling cleaned quality of rice of 25kg and 50 kg but no brand name on it does it attract GST,

If the same as brand name and attracts GST, what about the stock before the GST Notification still we need to charge GST on that

Please resolve my query

Thanks in advance

Regards
USHA B G

Hi I just passed class 12 and I got admission in delhi university, arsd college but I want to pursue cma along with regular college. but I am not sure are there job opportunities available after becoming cma and can cma open their own firm like ca ?

A partnership firm was constituted with two partners on 16.01.2016and one of them expired of a road accident on 27.11.2016 i.e. before completion of the financial year 2016-17 and therefore the firm stood dissolved automatically. . A notice u/s 148 was issued to the firm and the surviving partner did not respond to such notices as the registered email id was that of the deceased partner. An assessment has been made by the Assessing Officer u/s 144 and later on levied penalties u/s 271(1)(b), 271AAC and 271F.

After the death of a partner, the surviving partner did not inform the Assessing Officer of the dissolution of the firm. Whether he was duty bound to inform the fact of compulsory dissolution, u/s 176(3) within 15 days of such dissolution.

My query is " Can a notice be validly issued u/s 148 to a dissolved partnership firm "

The honourable Delhi High Court in the case of Mrs Sripathi Subbaraya Manohara L/H Late Sripathi Subbaraya Gupta versus PCIT, Delhi in writ petition no. WP(C) 2678/2020 & CM 9286/2020 has held that notice issued in the name of dead person is invalid.

Whether the above decision shall hold good in case of dissolved partnership firm as well. Please guide.

Suppose there are two self-occupied houses and both fulfilled the conditions to get maximum limit of interest on loan as deduction u/s 24(b) for $2,00,000.

Now if the calculated interest on the loan for the first house is ₹1,50,000 and the maximum limit is ₹2,00,000 we will take ₹1,50,000 for the deduction as it's the least of the above mentioned amounts.

Now my question is, in the case of the 2nd house, should I set the maximum limit for interest on the loan as ‘Nil’ or of ₹50,000?

A private ltd company issued 0% convertible debentures to Non Residents of an OCB with approval of RBI. The company is yet to convert. as statutory auditor what is the diclosure to be made under schedule III of the companies Act for the yer ended 31st March,2022

Please anyone tell me about the differences between Dearness Allowance and Dearness Pay. I am really confused.

Someone says that they are treated same but if that is true so what was the need to introduce that 2nd term?

sir 21-22 ke sep month mein 38052 ru. ka credit note tha wo gstr 1 mein local sale se taxable value adj kardiya but gstr3b mein to actual sale igst mein hai nahi but uski taxable value credit note ki chali gayi ab jab jab igst sale hogi to main gstr 3 b mein jo IGST tax ayega wo hatadunga kya ye sahi rahega sir ke abhi na adj kare PART [ART MEIN KARNA SAHI HOGA YA JAB TAK SUFFICIENT NA AYE IGST TAX Read more at: https://www.caclubindia.com/experts/credit-debit-note-2882654.asp

One of my client wrongly file his ITR-1 for the AY 2021-22 and AY2020-21 and there is a demand notice , now he want to rectify the return and pay the balance tax if any. so what is the procedure.