If an assessee have loss from future & options trading, then what will be the nature of that loss either it is Capital loss or business loss. If it is business loss and assessee have an income from Salary, Capital gains then which ITR an assessee should file ??
Kindly response at the earliest.

We are in a situation that we have paid the GST liability on time but not filed the GST returns. Do I need to pay interest for non filing of returns? or is it ok to pay late fees?

F.Y.2020-21 in EPF (PMGKY) scheme purpose Employer not deducted any PF to Mr. Shyam Ghuha from( April,20 to Aug,20)
how Mr. Shyam pass this entry in tally in his personal A/c & Can Mr, Shyam get 80C benefit in above PF (from(April,20 to Aug,20) ?

our manufacturing plant financed by Asset reconstruction company 15 year back and input of vat not taken by us now due to loan unpaid till date,ARC sold assets through public bid under sarfaesi act 20002
and not informed buyer detail to us / consideration of asset sale only agree to givan NOC of Loan value
now kindly guide us
1. whether GST applicable to co or not
2. in books we have adjust loan value to wdv of assets

Hi all

One of my clients is dealing in software related services and providing education training as well in software languages. They have started their branch office in Kerala and Delhi. Their they have entered in rent agreement as well. They are providing online training from Mumbai office to Kerala and Delhi. Their billing system is centralised from Mumbai. Whether GST registration is required for Kerala and Delhi?

Thanks in advance.

Respected Sir,

We have contract employees working under NACO through SACS registered under society act 1860 with consolidate honororium .Some of employees has completed more than 18 years of service under the same organization without any break of service.

Query is that:-

1- Are such employee are entitled to get Gratuity ?

2- If yes, then then the same is payable by the concerned society ?

3.An society registered under society act 1860. Whether Payment of gratuity act applicable on this yes or no.

Send also notification for the same.

With regards

-Venu Sudarthi

ABC Pvt Ltd and XYZ Pvt Ltd both are sister concern each other. Abc Pvt ltd has given long terms loan to xyz pvt ltd but in her balance sheet xyz Pvt Ltd has shown the said loan as advance received from related party instead of showing as loan. ABC Pvt Ltd requires loan confirmation from XYZ Pvt Ltd for income tax scrutiny. Can XYZ Ltd give loan confirmation to ABC Ltd despite of showing advance received

Respected sir,
Please guide me and oblige.

Query - "A" (Registered in GST) who is into business of Health Care and making exempt supply. A Co. has machinery on which they didn't claim the ITC at the time of buying machine.
Now Co. A has there branch in Bihar having the different GSTIN "B" (registered in GST) wants to transfer the machinery to "B". What would be the implications of GST on this transaction? Wheatear "A" has to charge the GST from "B" or not?

What is TDS rate on HSN Code 998399 (Other Professional and Technical Services)

Can anyone share me the Appointment as well as resignation format of Trustee. Moreover also the BoARD OF TRUSTEE Resolution for the above subject.

Thanks