Finance
15 July 2020 at 17:26

GST Exempted organic products

Dear Experts

I am starting an organic product business for example soaps, creams and oil. My query is all organic product are exempted or nor in Gst law if exempted then what is gst rate. please send me the link for the clarification.

Thanks & Regards
Sujit Singh


Mandar Joshi
15 July 2020 at 15:55

Audit Software

Eminent users and experts,

I would like to know the options of Statutory and Internal audit software. Is there any software which is used widely for conducting audits, processing of data (Excel or otherwise), analysis of data, sampling, generating exception reports etc and generating final audit reports?

Please suggest if there is any software available in the market. Web based or cloud based software is preferred.

You can also email me on mandar@mandarjoshiandco.com


denis
15 July 2020 at 14:16

Which ITR to be filled

My brother is running a small electric reparing shop for more than 5 years in a small town and his total income is arround 25K per month. I wanted to encurrage him to file the return, but I heard that in order to do so, the person will have to maintain few documents, such as expense and income. But as I said the shop is very small and he doesn't maintain any kind of document like receipts book
All his income in cash basis so request you to give you valuable suggestions so that we can arrange the documents and we can file return in July 2020. Please also suggest the documents required if we wanted to file the return of previous year. Thanks, Denis Gonsalves


Shakthipro badge
15 July 2020 at 14:00

Acceptance of Short term loans

Dear Experts

Can a pub/ pvt ltd company borrow short term loans from its shareholders/ directors?


Swathi
15 July 2020 at 00:03

Sec 143(1)(a) Notice.

Dear experts,
My return itr 3 for AY 2019-2020 was filed after due date in March 2020. I received a notice under sec. 143(1)(a) in june but I did not check my mail then. Today I received both sms and mail that my itr has been processed u/s 143(1) and that I will be receiving a refund. I did not respond to notice 143(1)(a) within 30 days. My itr has not been processed yet. There is no outstanding tax demand either. Could someone let me know if this is going to be a problem and what I am required to do now?
Thank You.


MAKARAND DAMLE
14 July 2020 at 17:35

ETDS Return

CHANGE IN PAN NUMBER WAS CARRIED OUT IN ORIGINAL ETDS RETURN FILED AND REVISED ETDS RETURN WAS FILED

NOW THE SAME RECORD IS TO BE UPDATED WITH DIFFERENT PAN NUMBER. I HAVE DOWNLOADED fvu FILE FROM TDSCPC SITE.
BUT IN CORRECTION IT GIVES ERROR MESSAGE AS "FURTHER UPDATE OF PAN FOR THE DEDUCTEE RECORD IS NOT ALLOWED"

IS THERE ANY WAY TO RE REVISE THE ETDS RETURN ?


Parvinder Singh
14 July 2020 at 17:24

Foreign Accounts

Dear Concern (s),

I am working as an accountant , now i want to learn foreign accounts ,
Any body help me how can i learn it ??


With Regards
Parvinder Singh


MOHIT TANK
14 July 2020 at 16:14

DIR-8

Hi,
Is DIR-8 is mandatory attachment to attach with E-form DIR-12 while appointed an additional Director in Unlisted Public Company ? Please suggest.


DEVI SINGH PARIHAR
14 July 2020 at 16:12

GST RATE ON PHOTOCOPY WORK

Sir what GST rate is applicable on photocopy/xerox work and book binding work whether it is consider as manufacturing or only job work and whether a photocopy worker can get registration under GST Composition scheme and if yes then what GST composition rate will applicable on sale.


Tara Khandelwal
14 July 2020 at 16:08

ITR 1 Natural of employment

An individual is employed for the part of the year and he receives salary. He retires and for the other half of the year he receives pension.
In ITR 1 under nature of employment which category has to be chosen as a Pensioner or State govt??
Do we have to see the status as on 31.03.2020





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