The Employee contribution of PF and ESI is disallowed for FY 2018-19 .After Budget 2021 is there any way of winning the case .Whether earlier case Laws M/S ESSAE TERAOKA PVT LTD VERSUS DEPUTY COMMISSIONER OF INCOME-TAX KARNATAKA HIGH COURT: February 4, 2014 [2014] 366 ITR 408 (Kar) holds good.Regards

I became ICAI member in April 2019 but I have not taken any CPE program credit in that year. In this case, whether any exemption is available for CPE hours or not for the first year of membership?

Hi All

Can I claim GST on office expenses(i.e, Itc on the computer used for office purposes not directly used for manufacturing) also as a part of the refund?

Dear experts Sir/ Madam
Can you please solve following queries
A Technical person , Senior Citizen, is drawing monthly salary ₹2 lac per month as a director from a company , He also getting ₹ 3.5 lac per month as consulting engineer services from others. He wants to pay tax U/s 44ADA .

Would he be eligible to claim 3.5 *12 = ₹42 lac under presumptive "income from business profession" 8% & rest ₹ 24 Lac under "salary"?
Kindly elaborate.

One of our client Company is into the trading of Lubricating Oils in Delhi.
Please guide me the procedure to obtain lubricating oils trading license for Delhi location.

Dear Sir/Madam,

Can an individual claim deduction u/s 80CCB, 80U and 80D together for medical expenses. 80D is also on medical expenses, no mediclaim paid.

I have applied for registration of charitable trust in form 10A on 28.03.2021 and got provisional registration for 3 years on 28.05.2021. My query is do I need to revalidate the registration as per new provisions? If yes, do I need to file the form 10A or 10AB?

Sir,
It assess cash loan creditor and debtor outstanding ledger balance as on dt:31-03-21 (in f.y.20-21)in books
Cash loan from creditor (name Mr.A)Rs:3 lacs
Cash loan to debtor (name Mr.B)Rs:4 lacs.
1.Cash loan from creditor ledger outstanding balance amount transferred to cash loan to debtor account balance adjustment journal entries passed in books f.y.21-22
2.remaing cash loan to debtor balance rs:1 lacs cash received.
Question:
1.journal entry passed in books allowed in it act and sec 269ss and sec 269t provision applicable.
2.remaing balance cash received allowed

I have an ancestral property which I wish to sell. In order to save the capital gains tax I have purchased a flat in Sept 2020 in anticipation of the sale to be completed in one year.

Due to Covid the sale of my property is taking time, and I am afraid that the sale may be delayed beyond Sept 2021, and I may not be able to take advantage of the capital gains tax savings.

Since the delay of sale of my property is because of Covid 19, can the limit of one year from the date of purchase of a property,be extended for sale of property to claim the capital gains tax.
I will be glad to have the experts advise on this at the earliest.
Thanks and regards
Ashok Kumar

For allotment of Bank audits experience of partner in individual capacity is considered or Partnership Firm experience is considered ?