Dear Sir,
i/we have started proprietorship firm name of 'NITESH BUFFING WORKS'. Specialist in - pharma GMP model equipment's finishing work, S.S. Buffing, 350 Great Dull polish, 420 Great mereal polish.
so i/we am/are going to registration of GST. but i have no idea which HSN/SAC code, which services and how many percentage of GST rate applicable.
please reply.
Thanking you.
Suppose the employee retires on his age of 58 and continues the job with earlier employer as contractual employee. If the leacve encashment receied at the time of retirement, whether the same is exempte or not up to Rs. 3 lacs. Kindly advise us
Respected experts,
I am a CA final old syllabus student and going to apply for conversion in new course
While making application for conversion through SSP portal, my articleship details are showing wrong employer name.
How to update the same?
Thanks in advance
What are the facilities related to earnest money for tender in case of MSME. I am specifically asking about concessions and facilities for MSME when they are going for a tender.
If assessee is a Temple, having 4th character of PAN as "A" & not registered us 12AA. We are filing ITR 5 & cannot file ITR 7 because for ITR 7, 12AA registration mandatory i think. Our software calculates tax as per slab wise considering its a trust but CPC issues intimation U/s 143(1) & calculates tax @ 30%. CPC calculates @ 30% because, CPC considered it as AOP & for AOP if members share not shown or his other income exceeds maximum amount which is not chargeable to tax then for it tax rate is MMR.
what is the proper way to file ITR.
DEDUCTION U/S 80CCD(2) HAS ALLOWED WITHOUT ADDING NPS EMPLOYERS CONTRIBUTION ? ANY CIRCULAR/NOTIFICATION REGARDING ADDING OF NPS CONTRIBUTION IN INCOME BY EMPLOYEE.
THERE ARE NO CLARIFICATION FOUND IN INCOME TAX ACT
MOREOVER CAN NPS CONTRIBUTION BY EMPLOYEE CAN SPLIT IN 80CCD(1) AND 80CCD(1B)
Mr X holds a GPA of a land which he holds for more than 20 years. He takes a loan from his sister for 5 lacs in 2005 and registers a sale deed in his sister's name in Mar 2019 for 5 lacs. Stamp duty paid is 2.5 lacs. His sister sells the property in Jan 2022 for 47 lacs.
1. Is it a STCG or LTCG?
2. How much tax to be paid by his sister?
Section 269T prohibits paying in cash for buying property ?
Section 269T means that an individual can not pay in cash for buying property ?
Pl advise
Income from renting of plant and machinery other than goods and carriage can be declared under 44ad or not?
One of my customer is willing to avail a CC limit of 2.5 Crores against stocks and BD. Further he is willing to avail OD (Against FDR) of 1.00 Crore against FDRs of 1.20 Crores
Now, my question is whether the OD Limit will be treated as part of working Capital MPBF calculation for Computing CC limit, since my understanding is that the borrower will be utilizing the OD Limit for Working Cpaital Needs, however my seniors are suggesting that there is no such condition, the OD limit can be utilized for Long term use as well, since we do not state any such condition for sanctioning OD (Against FDR) Limit.
Please guide..
SERVICE AND RATE