Dear All,

I am working in a Publishing House and recently we have launched the digital version of the books. And we are selling it online. Kindly let me know what will be the HSN codes for the digital version of the books.
We also conduct the online exams for the students and we also charged the fees and providing them with the e-book and the practice paper.
What will be the Income head in P&L Account and what will be the treatment under the GST Rules?

Thanks & Regards
Ravi SINGH

Now from 01 April 2020 , dividend is taxable in the hands of shareholders/unit holders. So can we considered "dividend income" as business income for investment company ? We treat FD interest as business income due to nature of company , same way can we considered dividend income as business income.

Dear Team,

our company sale the motor Engines out country through foreign Dealers .and we sale goods with warranty .if any goods damages within warranty period our Dealer will replace the materials to customers. and same amount will be recovered by dealer from company.. Now if any GST - RCM applicable between Dealer and company ?

Dear Sir,

I want to know is it mandatory to obtain GST Registration incase of a Transporter.

My client is into business of Transportation of Goods by road and has a turnover of around 100 crores and has taken 6 registrations for different states in his individual PAN. He falls under RCM so he doesn't have to pay any GST.

Please reply as my client is asking whether he can surrender his GST.

Regards,
Divyesh Jain

Sir/madam
I have claimed relief u/s 89 for the Fy 2009-10 to 2017-18 as I received an arrears salary in the year 2017-18. Now again I got arrears salary due to order of Supreme Court for the FY 2000-01 to 2019-20. Can I claim relief u/s 89 for this arrears.

renting of vacant land to various farmer for warehousing farmer goods is liable to service tax ? it is exempted services for the year from f.y.2014-15 to f.y.2017-18 (till GST apply) & what is the item covered under the definition of agricultaral produce. Waiting for your favourable response.

Sir
My client is a builder and constructed residential apartment of 120 flats. On dt:10.10.2018 occupation certificate has taken and after that date 80 flats registrations done and prior to OC 40 flats registrations done. Now the department is telling that the assessee has to restrict their ITC in proportion to the flats registered before OC i.e. 33% of the ITC shall be utilised and the remaining shall be disallowed. Please enlighten on this issue.

Can anyone please tell me. I want to be Investor like warren bufffet and Mr. Rakesh Zumzumwala. Right now I am student of CA Final . What Shall I do . Shall I Do Charter Financial Analysts. Which Books Shall I read to increase the knowledge of share market. Which newspaper. Which News Channel. Whose Blogs should I read ?. Shall I join any Investment firm of CFA to increase knowledge of share market as now I am doing articalship in CA Firm in Taxation and Audit.

How shall I Start Investing, Shall I do any further courses of share market . Please Guide. Please

I am a salaried tax payer, obtained form 16 too.
1, I have claimed the PPF amount upon the death of my wife in the month of march 2020. 2. I was given a demand draft and the same is encashed in my account, amount being 9 lakhs 45 thousand.
3. Immediately I have initiated two fixed deposits of 1 lakh and 8 lakh, in my sons name (Son aged 20 years), at his SBI account. Son is a student and has no income. He earns interest on the FD of the said amount.

Questions;-
1. Will the amount be taxable for me? if yes what is the tax payable, if no under what section should I claim exemption.

2. Will my son eligible for tax toward the said amount of the initiated FD? if yes what shall be the tax amount?

3. Will he have to file the ITR and what number is it ITR1. under which section should tax exemption be claimed for my son for his lifetime first ITR1? I am to prepare and file ITR1 on my own at the efiling site.

Please guide me regarding each query in detail.

Thank you,
Mr. Shekhar Salunke
email; shekharsalunke1@gmail.com

In case of death of a person, Property is Transferred to Wife & Children's name (Joint names only for safety purpose and no share mentioned).
Now the said property is intended for sale. So Capital Gains to be charged to Wife or all 3 in equal proportion? Should the amount be taken in Only the wife's account or all 3?
Any case law for Reference?