Sir,
It assess source of income details mentioned below
1.salary income from private institute rs:1,20,000/- yearly
2.rental income from residential property rs:60,000/- yearly
3 rental income from commercial property rs:1,20,000/- yearly
Question:
Assess commercial rental income transferred and show in it returns to wife or huf allowed in it act.

Dear Expert,

Can anyone share bill of export format under claim of duty drawback in GST scenario.

Pls do share if have anyone.

Thanks in advance.

Kindly clarify the following:

Case 1. Sales consideration received from 01-04-2020 to 30-09-2020 : INR 1 Crores
Sales consideration received from 01-10-2020 to 31-03-2021 : Nil
Amount of TCS?

Case 2. Sales consideration received from 01-04-2020 to 30-09-2020 : INR 45 Lakhs
Sales consideration received from 01-10-2020 to 31-03-2021 : INR 1 Crores
Amount of TCS?

Is it advisable to take all the receipts from 01-04-20 to 31-03-2021 for calculating the threshold for section 206C(1H)?

Is it advisable to show TCS on invoice or issue a debit note whenever threshold limit crosses?

How foreign payments are made in india under transfer pricing from tax point of view

need draft of supplementary llp deed on removal of partner due to death

I have received an ecampaign notice for high value transactions on 28th March 2021 and somehow I missed the notice. Now the deadline for filing revised return is over. How do I response to the notice.

I have four bank accounts. Only one is associated with the broker. I transfer money in and out from this account for FnO trading. So will my balance sheet reflect the cash position of this account only? Or does it have to show cash in hand for all other accounts that are not related to trading? Similarly will my current assets be only positions and money related to FnO trading in this account and with broker? Or will it be all my investments in FDs, stocks, mutual funds, bonds etc? The reason being only FnO trading is considered as business income, not bonds, FDs etc. So can I separate the FnO trading part from all other personal incomes and file them under interest income, dividend income, capital gains etc?

Sir,
Sec 44ada it returns filed professional income person gross receipts rs:10 lacs 50% income declared rs:5 lacs show in it returns and house expenses rs:1,50,000/-
Question:
Assess rs:10 lacs income -expenses rs:5 lacs -1,50,000/- house expenses remaining balance amount Rs:3,50,000/- cash deposit in bank account correct procedure.

Dear Sir/ Madam,

We are following E-invoicing Rule from April 2021for supply of Goods.

As of today while dispatching Goods we issue two copies of Invoice to our Customer -
1) The Esign copy printed from the E-invoice Portal &
2) Our System/ Software generated (and then manually signed) copy of Invoice.

As our System/ Software is linked to the E-invoice portal, the Invoice has IRN & QR code printed on it.

My query is -

Is it Okay if we issue only our System/ Software generated copy of Invoice (having IRN & QR code printed) to Customer and do not give a Esign copy from E-invoice portal ?

Looking forward to your advise.

Thanks & Regards,
Rachana

Sir,
It assess purchase of new site value rs:10 lacs.assess sb and current bank (two Bank account s)account maintained.
Question:
Assess site purchase value rs:10 lacs amount transferred to sb or current bank is correct procedure