Hi

We intend to buy software / License (non-shippable Item) from overseas companies.

Do we have to pay customs duties if the licenses key are fulfilled through email?
do we still have to deduct TDS if it comes through customs?
if we pay both isn't it a dual tax.

Pls advise,

Thanks

Navin

Whether RCM is applicable on purchase of Tobacco from APMC??

One of my Client is engaged in lodging business, its apartnership firm.The lodging is done in a family property which belong to six persons of whom two are partners in the above firm.
The capital expenditure done to the property is accounted in books of partnership firm as and when th expenditure is incurred , but not the initial value

Now the joint owners are arriving at an agreement and property is coming to the hands of one person..Please advise whether capital gain should be taxed in individual hands or to be taxed as short term capital gain in business

In case of Private limited Co. Whether CSR is applicable in F.Y. 2019-20:-
PROFIT IN F.Y. 2015-16 = 665 LACS
PROFIT IN F.Y. 2016-17 = 384 LACS
PROFIT IN F.Y. 2017-18 = 392 LACS
PROFIT IN F.Y. 2018-19 = 415 LACS
PROFIT IN F.Y. 2019-20 = 610 LACS

Please advise vis a vis Sec 135(1) of Companies Act
If YES, How much CSR Amount would be deposited.

Should i deposit RCM on :--
1. Gst/ Income tax Audit fees.
2. Gowdown Rent Received.
3. Godown Rent Paid.

Please Suggest me with rate % and limits.

Thanks In advance.

Mene 250000 ka goods sell kiya hai or after dilivery mene 20000 freight paid kiya hai to kya mujhe 20000 par RCM deposit karwana padega ya nhi.

My income include salary and share of profit from partnership firm. Firm is paying income tax on its profit filed I.T Return for A.Y 2019-20 showing my share of Profit from partnership firm. Though I have my share of profit ITR-3 and not included for calculation of Income Tax. However, I left blank by mistake schedule IF(Information regarding partnership firms in which assessee is a partner.). Now demand notice received from Income Tax , levying tax on my Share of profit in partnership firm which is exempted u/s 10(2A).
Whether I have to submit revised return ?

Dear sir,

Kindly advice the sir gst 3B me export value with freight value show karna hai ya without freight for gst refund me zero rated supply ka value kya hoga please confirm.

Dear Sir
In the case of an unregistered trust or AOP, 1) entire gross receipts will be taxable or only the net income after application will be taxable.
2) If they have rental income 30percent deductions allowed?

Dear Sir
In the case of an unregistered trust or AOP, 1) entire gross receipts will be taxable or only the net income after application will be taxable.
2) If they have rental income 30percent deductions allowed?