Sir,
I.t.assess cash gift received from family members in f.y.20-21.
1.dt:21-09-20 cash gift from father Rs:1,50,000/- through on bank mode
2.dt:22-10-20 cash gift from mother Rs:2 lacs through on bank mode.
Question:
1.Assess gift from family members how many times one finicial year allowed.
2.any limit of gift amounts(ex:10 or 20 or 40 lacs) received in i.t.act.

I am home baker and making cake for the past more than 3 years and like to register for GST for further enhancement of business. My monthly turnover is around 25 - 30 thousand.I would like sell my producst online throgh ecommerce website and my own website.

Whats are the option to be select during GST registration .

Kindly guide for the same.

Dear Sir
A dealer is registered under composition from 01/07/2017 to 30/06/2018 thereafter registered as regular. In the composition period he shown turnover of Rs. 167220/- whereas on scrutiny by GST department the actual turnover comes out to Rs. 84,45,214/- which is correct.
Now the department is calculating tax commodity wise instead of composition rate.
Is it correct ?
If yes, please quote section.
Thanks

Hi,
Does board meeting need to be held and board resolution need to be passed mandatorily for sale of any fixed asset of private limited company?

Hi,
What is the time bar limit for Assessment for FY 2011-12 under Maharashtra VAT?

Hello Sir
I want the format of indemnity bond for TDS REFUND on property. Can Anyone send the same at the earliest.
I shall be grateful .
Regards

Dear sir

My customer isuued an invoice under sac 999799 for penalty due to delay in supply and charged the GST. Kindly advice, which a/c to be debited for Penalty amount and is ITC eligble under GST and penalty allowable under I.Tax.

Thanks

Hi everyone can any of help on preparation of MOA of bakery?

Turnover of the firm for FY 2018-19 and 2019-20 was Rs. 50 crores and Rs. 70 Cores respectively.

TCS on sale of goods made applicable from 01.10.2020.

The firm received sales consideration of Rs. 75 Lacs in Dec 2020 pertaining to sales made in FY 2019-20. Whether TCS have to be collected on this sale amount?

Please guide

I HAVE APPLIED REGISTRATION FOR E COMMERCE COMMISSION AGENT. SO PLZ TELL ME HSN CODE OF E COMMERCE COMMISSION AGENT