Dear Brother,
We received the notice of the GST Demand notice regarding the Intrest on the late filing return on the output tax payable from the ACTO?

Can I know whether the GST Interest should be levied on the Output tax payable or Net payable in the return?
Note:- Please send write the answer along with the attachment of the link of the case law and notifications which rely on your answer

Dear Expert,

Please solve my doubt :
while preparing the cash flow - in movement in working capital-why we taking even non current item

Dear sir/ma'm,
I want to know that whether it is Legal for indian resident to invest in foreign exchange on stock exchange of foreign country..
Also is binary option trading in India is allowed in India?

Hello Experts,

There is a plot which is in name of one partner in partnership firm.
As per conveyence deed plot is in name of " Ranjan Singh prop of M/s Amrita chemicals"

If a partnership formed with 4 partners with one partner is Ranjan singh with his 3 more friends.
This plot does not put by Ranjan Singh in stock in partnership firm.

All partners of partnership firm transfered all rights to Ranjan Singh and signed a dissolution deed.

Now one partner is left in M/s Amrita chemicals.

My Question is--

1) The owner of this plot is Ranjan singh or Partnership firm ,/s Amrita chemicals.

2) If any one wants to buy this plot from Ranjan Singh, Then plot will be transfered by REGISTERED SALE DEED or the buyer has to do partnership with Ranjan singh and Ranjan Singh will retire by notarised retirement deed.

3) STAMP DUTY HAS TO BE PAID BY NEW BUYER FOR THIS PLOT?????

As on 31st mar foreign creditors payable. What is the fluctuation entry? $ upward it means liability also raised? And in 1st april is needed to make reverse entry for fluctuation to return in purchase value as before of last year ?? Is there any way to make provision on 31st , and fluctuation entry in p& l when actual payment made next year.

Dear Expert,
In movement in workingcapital,why we are including non current asset or liabilities.
Since working capital contains only current item.

Please explain

I’m a long term investor and have portfolio of shares. I don’t maintain books of accounts as my income is from salary, house property and as partner in firm. I want to do few f&o transactions(4-5 in a year) to hedge my portfolio in this volatile situation. My question are:-
1. Does IT deptt allow f&o transactions in my case as STCG/capital gain. For eg I have a LOT of PFC shares in form delivery shares(cash) since two yrs and I want to sell future as I think PFC will fall in near time. Under which head this transaction profit/loss will be considered? Can it be treated as stcg?
2. As I donot prepare books of accounts as I am not trader and my income is below limit. Will I haveto prepare books of accounts? I dont want to maintain as it is not compulsory right now.

Where to show in GSTR 3 B
& GSTR 1.

can an nri file returns in india for availing housing loan, where the person is not having any income in india, he is a salaried person outside india.

Respected sir
we are in business of promoting goods and services of others by providing discount coupons .
we have purchased broucher, visiting card , templates , advertisement material with our logo , leaflet etc .for advertisement then whether tds will be applicable on that transaction ?
we have also purchased printed star flex and star backlit material from party whether tds on contract will be applicable in both above situation ?
please reply