If a CS/CA in Practice surrenders his COP then will it amount to discontinuation of profession under section 176(3) of Income Tax Act,1961 ? Whether this surrender of COP is required to be intimated to the Assessing officer as mentioned in that section?

Our company has incurred expenses before commencement of business. and our consultant has posted that expenses in all fixed assets proportionately. is this right accounting treatment? if not than what is the right accounting treatment of Pre-operative expenditure? Please Guide on this.

Dear Sir

We have executed LUT in GST and exporting services without payment of tax. We are facing lots of challenge in getting the Input refund from GST department due to various impractical grounds.Want to know your opinion can we export the services with payment of tax by utilising input tax credit as this seems to be less complicated model. Will there be any legal challenge in exporting the services with payment of GST even though LUT is present. We will be doing this for three months and for future months we will be exporting without payment of tax.

Regards
Pardeep

Dear Sir,

Can We return Rs. 35000/-Unsecured Loan by Net banking.

Dear Sir,

can we avail ITC on advertisement expenses like that, Key Chain, flex board, Wallet, Calendar,etc

Please suggest

Dear Sir,

We have print 1000/-Key Chain for advertisement. We have paid Rs.5900/- Including GST.Can we claim ITC on Key Chain. please advise

Request you to pls confirm the Applicability of Tax on Gift given by Daughter to Father. Daughter is giving CAR in a Gift. Whether it is taxable if yes than in whose hands & how much.

If an individual say Mr.X transfers a house property to his wife Mrs.X for an inadequate consideration then Mr.X is considered to be the deemed owner. In the above case If Mrs X, sells the house property and gets capital gains then it should be clubbed in the hands of of Mr X. My query is that to avail any eligible capital gain exemptions, who has to make investment? Is it Mr X or Mrs X?

I have received Medical Reimbursement of 18000/- , Leave Travel Allowance of 25000/-, Leave Encashment of Rs 15000/-.

You are requested to inform me , whether the above mentioned income is taxable for the FY 2019-2020.

I HAVE APPLIED FOR REFUND OF EXCESS CASH BALANCE BUT THE DEPARTMENT HAS ISSUED THE DEFICIENCY MEMO THAT THE UNDERTAKING UNDER CIRCULAR NO 125/44/2019-GST HAS TO BE ATTACHED IN THE SUPPORTING DOCUMENTS..... CAN ANYONE GIVE THE FORMAT OF THE UNDERTAKING WHICH HAS TO BE GIVEN... PLZZ GIVE SOON AS SOON AS POOSIBLE