Respected Sir

One of my client holding various scripts since long but in last year he transferred few of his shares holding in HUF into his personal name being karta

I don`t have exact valuation being cost of investments in shares is mentioned in his books & since old broker through whom he purchased the shares has closed his business, i am unable to trace out bills

How to derive the exact value of the shares

Please help

Regards

Tribhuvan

Hello, I am 53 and have taken VRS from a private company as HR Manager. Back of my mind I had the desire of doing CS all along my career. But that never materialised. I still have the burning desire to pursue the profession. Assuming that I will be completing it in another 5 or 6 years, can anyone guide me as to what are the opportunities available ?

Hi ,

I had not given any deduction declaration to company for F.Y. 21-22. Company issued form 16 with opting new tax regime. But i have a refund with a valid deductions benefits in old tax regime . Now can i file my return with old tax regime.

We want to start numbering from 101/22-23 for fy 2022-2023 . In fy 2021-2022 we have started from 1/21-22.Will there be any issues from gst side? Can we start numbering from 101 as per gst law?

While doing the Internal Audit (Luxury Car) of a car service centre, how should I perform the correct audit procedure?
While doing the vouching of sales, purchase, cash , what do I need to know before proceeding with the vouching. What question do I need to ask?
What are the other things I need to know or check while performing the audit?

Internal Audit of luxury cars which are directly imported from another country.

Sir I want to know why interest on borrowings is classified as non operating expense as, rent on office or factory is classified as operating expense interest payment is also incurred to finance operating costs like rent etc

Hello

I have taken new registration as a Transporter. so when i file GSTR -1 I have to shown tax paid by recipient (RCM)

My Question is recipient register in Maharashtra & I am register in Gujarat as a Transporter. Material Deliver in Gujarat

What is the place of supply shown in GSTR -1 when i have file return 1. Gujarat or 2. Maharashtra

Sir,
A Gst registered composite scheme dealer
Sales turnover rs:60 lacs declared Gstr-4 Annual return and books in f.y.21-22.
Purchase turnover rs:50 lacs declared Gstr-4 Annual return and books in f.y.21-22.
If dealer AIS information download in it portal purchase amount rs:70 lacs show in f.y 21-22.
Question:
1.Dealer purchase total rs:70 lacs and sales turnover rs:60 lacs show in it returns.
2.dealer sales turnover and purchase turnover difference show procedure in gst return in f.y 21-22

HELLO

HOW TO CORRECT THE CHALLAN IF I FIRST TIME FILE THE TDS RETURN IN IST QTR BUT I WANT CORRECT THE CHALLAN (MAJOR HEAD) BEFORE FILE THE TDS RETURN.
SO IN WHICH SITE I CORRECT CHALLAN AND CHALLAN PAID BY ONLINE.PLEASE REPLY

A public religious trust formed under a Trust Deed duly registered with the local State sub-registrar obtained registration under Sec 12A of the I T Act and subsequently got re-registered under Sec 12AB. The annual income of the Trust does not exceed Rs.50,000/, far below the maximum amount that is liable to tax and it will be so in the future years. The Trust will continue without any change in the objects but wishes to surrender the IT registration so as to avoid the hassles like renewal of registration every five years, filing of tax returns etc. Can the Trust unilaterally surrender its registration with IT Dept? Does it attract exit tax provisions? Early clariafication will be highly appreciated.