we raised credit note in gstr 1 , so should we update HSN NO belongs to credit note too.
is there any option for hsn wise updation for credit note as credit note auto populated in gstr 1

Dear Sir,

A person invested Rs.50000/- In January 2022. But still its not updated in Ais form. So can he need to shown Interest from Jan to March 22 in ITR or shown in January 2027 ( Whole interest) when it mature. Can A person Claim 80C deduction of RS.50000/-
also Post office Saving account interest also not reflect in Ais form So please suggest

We want to distribute benefit/perquisite in the form to gold coins to our dealers/distributors in this year ie, post 1st of July 2022. This benefit is for achieving the sales for previous financial year i.e. FY 2021-22. The said scheme was very well drafted and circulated to all the concerned during the beginning of the previous FY. only distribution of the coins will take place in this financial year.

now the question is whether TDS under section 194R is applicable even if the scheme under which we are providing such benefit belong to previous year?

Sir,

I formed an HUF of my husband and me.
The capital is Rs. 10-15 lacs to be gifted by husband's mother (my mom in law)...

Is gift received in the hands HUF by relatives of the member of HUF taxable to HUF?
It is transferred by bank cheque?
What if transferred by his mother in cash?

A PIO invests in MF from his NRE account. On redemption if the redeemed amount is transferred by MF to his NRO account, will it be subject to LTCG? As far as my knowledge goes MF investments by PIO from his NRE accounts are exempt from any tax , but I want it to be confirmed. The doubt arises because MF is transferring money to his NRO account, since bank is not accepting money in his NRE account.
Are there any specific requirements for MF to transfer money in NRE account, when they have been given NRE account statements showing money was invested out of NRE funds

Dear Sir/Mam,

One of my client is into Art business in India and is registered under GST has sold his painting abroad and received the amount in India after conversion of currency in Indian rupees.

I want to know what is the impact of GST on International trade and do he has to pay GST on the amount received from abroad.

Also incase of Income tax, is there any seperate calculation he has to do or this sale will be clubbed with his domestic sales.

Please help me in this matter.

Regards,
Divyesh Jain

Dear sir,

we are paying accommodation and petrol charges for car to our employee (Car is owned by company, but used by employee) in addition to Salary(Salary includes HRA Part Too)

Please clarify weather 194R tds provison is applicable on such payments of acommodation and petrol charges ??

For clarification:
Accommodation charges we are hitting on Staff welfare expe on our P& L
Petrol charges are also we are hitting on Vehicle running exp on our P& L

Kindly clarify

Regards

Hello,
I wanted to make an partnership deed for my client who is in business of Buying, Developing and Selling of Plots.

Can you guide me in Object Clause?

A&B joint holders of unlisted shares since 2008. The entire holding was transferred in the name of A with a new broker. Now the issue of B having given up the title on these shares presumably 50% to A will it attract capital Gains. What will be the value of this transfer though no consideration is involved. Will Fair Market Value be considered for transfer and will it then attract capital Gains. If FMV will be considered where to obtain it from.

Dear Sir,

In our organisation one of our Employee is working In Oman, We are payee the salary to him to his Indian Bank Account.

his Residential Status is NRI

his income is crossing the Taxable Limit.

kindly confirm whether We have to deduct the TDS on Salary.

Santosh A. Patil