My clients who is running Hallmarking business and they want to create an AOP in the name of Hallmarking Association of Karnataka .
The objective of this AOP is protect the interest of members etc. (Not for Profit).
The income is only membership fees received from members.
Now my query is can they form an AOP?
If yes then ok.
Otherwise what are the other options for this case to create an association in name of Hallmarking Association of Karnataka ???
Dear Experts my relative is NRI and wants to purchase Vacant Site in India. Seller is also NRI in such case What is the percentage of TDS? (Seller holds the property more than 10 years). Is there any Surcharge applicable.? Whether We Deduct TDS on Each Installments and paid to Income Tax Department.? Please give valuable Feed back in this regard. Thanks in Advance.
Hi..
I am very confused about the show cause notice from IT department about my expenditure like Staff Salary Travelling Expenses Vehicle maintance expenses are disallowed by 15% bearing in mind all expenses incurred to earn the income under head "Income from Business or Profession" and same be added back to the total income as Unexplained expenses for the financial year 2016-17
Please Help
We are in agreement with an agency for providing the Informative Data from the market related to our services, they will not do any kind of advertising work for us.
We have to pay monthly payment for the same.
Kindly suggest in which section i should deduct TDS. (TDS on Contract- 194 C or TDS on Profession - 194 J).
Amit jain
We are the civil engineering construction company doing construction of hospital buildings, railway etc. In our projects, we are laying Temporary Sheds for the purpose of staying our company labours and staffs within our project. Later, after completion of project, these temporary sheds will be dismantled and taken back of some goods which is re-usable like doors, windows, steel structures etc. for re-use for our other projects. We are booking this sheds in our accounts under Fixed Assets and claiming depreciation.
My question is, whether can we claim Input Tax Credit (GST) from materials purchased for construction of these temporary sheds?
what is the meaning of Sports and recreational sports event promotion and organization services ? what is the SAC Code? Can I get ITC? Sir It is RCM Services?
The following category of person shall be required to be registered even if their aggregate turnover is below specified exemption limit and are exempt from registration. 1) persons making any inter-State taxable supply of goods [In case of supply of services, person making inter-state supply of services is not required to register if his aggregate turnover is less than ₹ 20/10 lakhs] - Notification No. 10/2017-IT dated 13-10-2017. Since export of goods is treated as inter - state supply, does it mean that if a person is only exporting goods and his turnover is below ₹ 20 Lakh, still he need to register with GST?
Is it possible to mortgage a trust property for a bank loan.
regards shaji
Whether Row house scheme comes under affordable housing scheme of GST. If some of row houses are covered by diff. area and price which comes under 5% rate, then it is possible to apply different rates for different row houses.and how to consider carpert area including (plot are or not)
AOP