I have IT company and I Have provide IT services on USA and UAE with GST export invoces. So my questions is , Is any TCS and TDS applicable from 1st oct 2020 on foreign remittance received from client. I have received 30lac in previous financial year and current financial year I have receive 25lac INR in foreign remittance.

Hi all, What is the basic exemption limit for Trust not registered under sec 12A ?

Donations and Contributions received from trustees only then under which head it was taxable, what expenses are allowed as deduction from these donations ?

Which ITR form is to be filed in the case above Trust not registered u/s 12A ?

Assume total Receipts not exceed 20 lakhs

Assess turnover below 1 cr limit and profit below 8 /6% . whether tax audit required f.y.19-20

SIR,
I HAVE RECEIVED SUBSIDY FROM NABARD FOR CONSTRUCTION OF RURAL GODOWN LAST YEAR. THE GODOWNS WAS LET OUT SINCE BEGINNING AND I AM SHOWING INCOME FROM HOUSE PROPERTY.
IS THE SUBSIDY IS TAXABLE OR NOT THIS YEAR??

PLEASE EXPLAIN AS I HAVE TO FILE RETURN FOR THIS YEAR.

6. Sales Invoice towards Professional Fee of Rs. 45000 including GST. Provide the details journal entries with considering the GST and TDS.

We have paid Rs 1,00,000 on 01st December 2018 as annual license cost for using a software. Subscription starts from 01st Oct 2018, how this will reflect in balance sheet of 31st March 2019.

I have applied for GST registration for LLP. I have given information of one partner who is also an authorized signatory ,in registation form. However i got a notice for
"Promoters/Partners - Identity Information - Others (Please specify) - Details of partners if any".
Is this notice given,because details of only one partner is given ? And if i want to add a partner now, where will i have an option to add?. Or else, Is this notice is because of some other issue?.
Please guide me. It is very urgent..Please

Dear Sir,

I have received Rs. 15,63,286/- from a private limited company towards custom duty payment in ICE Gate on that organisation I am working as an accountant.Can I deduct t.d.s towards municipality taxes payment and custom duty payment which amount I have received in my personal bank account.

I had issued an invoice in the m/o of Feb 2020 and I forgot to furnish the details of that invoice while filing GSTR 1 of Feb 2020. Further my client has taken ITC of that invoice.

If anyone knows how can I resolve this matter, pls help. I appreciate the information and advice you will share. I wanted to thank you as soon as possible.

Respected Sir

Sales turnover for the year ending March 20 is 1.67 Crores. Whether tax audit is required ? Please guide me sir,