Recently the CBIC given notification about DIN i.e. mandatory for all communications from 08.11.2019. but most of the tax payers are selected by State Authorities. My question is why DIN is not applicable for State Authoririties?...
As a tax payer we are welcome this DIN system but State Authorities not having facilities to Generate the DIN.
why this different approach for common tax payers?
I have obtained home loan from ICICI for Rs.2200000 and about 700000 (seven lac) amount (including interest) is due. while availing loan facility it was clarified by the bank that if you open account with ICICI bank you will get benefit of 1% less in prevailing interest rate. But, after processing loan and calculating the same it is found that they are making fraud with customer giving 1% less discount. Actually 1% discount they calculate on installment amount (principle part) which may be about Rs.5 to 10 Rs. only. and people by listening the story of salesman look towards hassel free loan facility. But actualy it is more costiliear than nationalized bank.
Query:
If I transfer this loan amount to any other bank will I get benefit of interest or amount which I required to pay. Should I continue with existing bank?
If the supplier of Goods (located in Gujarat) on the request of Buyer of Goods (located outside India) provides the delivery of the goods within India (Maharashtra) on payment of applicable IGST at the prevailing rate then whether the Supplier of Goods can receive remittance on such goods in Foreign Currency? And the Supply of Goods shall be considered as deemed export or Inter-State Supply?
As per the Bank instruction the supplier of goods can not accept such remittance in foreign currency by declaring as Export as it shall be considered as Domestic Supply.
Kindly resolve my query as soon as possible.
If Raw material import from Singapore on DAP (Delivery at place) basis. than whether TDS Liability on Material cost as well as on custom duty and transport also?. Please suggest.
Please let me know the benefits for registration u/s 12A/12AA of I T Act, 1961 for charitable trust. Also clarify regarding consequences for non registration u/s 12A/12AA . If the trust is already registered u/s 10(23AAA) of I T Act, 1961 and claiming exemption under this section, whether trust can register u/s 12A/12AA.
Kind request to clarify the above points..
I have old gold about fifty year back no bills.about 100 gms.
If I sale now , what will be treatment for capital gains tax.
One I.t. person incomes for the finicial year 2018-2019 mentioned.
1. Net profit as per p& L account Rs.280000/-
2. Cash credit by capital account Rs.100000/-(un explained income).
Taxable income Rs.280000/- or 380000/-
And Rs.380000/- tax pay slab rate applicable.
DEAR SIR,
MY NAME IS KUNAL SHARMA I WANT TO ASK CAN WE FILE INCOME TAX RETURN FOR LAST THREE YEARS. TILL NOW.
PLEASE SUGGEST ME.
Please provide the link to get duplicate copy of the Articleship completion letter.
One of client don't exercised the Annexure IV and what are the if not exercised the old or new scheme in real estate,where he is not willing to take ITC,for ongoing project of apartment before 1-4-2019 he has to pay old regime or new regime. And for landowner share flats also to pay by the builder before NoC.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CBIC mandates quoting of DIN in all communications