Hello Experts,

Here is my quick query.
A one time option was given to builders who have ongoing projects to opt for new rates i.e. 5%,1% without ITC.
I want to know whether this new scheme is a Composition Scheme for builders ?

Thanks in advance.

DURING CPT I APPLIED FOR BCOM REGULAR COURSE ND NOW AFTER 2ND YEAR I GOT TO KNOW THAT BCOM NEEDS TO BE PRIVATE WITH CA . NOW TO FILL FORM 112 WHAT SHOULD I DO.....SHOULD I WRITE THAT I APPLIED FOR BCOM REGULAR OR BCOM PRIVATE AND WHAT DETAIL SHOULD I UPLOAD BCOZ TILL NOW I M NOT HAVING ANY PROVE OF BCOM PRIVATE

Please suggest as to whether withholding tax is needed to be deducted on packing charges payable to a Non Resident company by a Resident Company? Since the packing charges are only 500 USD, is 15CB required?

DEAR EXPERTS

WHETHER CLOSING STOCK OF INVENTORY TO INCLUDE GST PAID AS PER ICDS. INPUT IS ALREADY CLAIMED HOWEVER.

DEAR EXPERTS

ICDS DICLOSURE OF REVENUE RECOGNITION REQUIRES THE SERVICES REVENUE TO BE DICLOSED. THIS PERTAINS ONLY TO SERVICE CONTRACTS OR ANY SERVICES OTHER THAN SALE OF GOODS LIKE PROFESSION, COMMISSION, FEES RECEIVED ETC

Tax Liability on land/Building (Land, agriculture land & Building) acquired of a trust(registered U/s 12A) by Maharashtra Samruddhi Mahamarg

Sir

Whether inbound tour( tours within India for non resident foreigners) are liable to GST Or can be treated as export and nil rate

Good Day Expert,

We recently registered a Private Limited Company. The revenue is mainly through remittance (in USD) on monthly basis. Google Asia Pacific Pte. Ltd. pays us. We haven't taken GSTIN.

What is the threshold of company's annual income to apply for GSTIN in our case?

Can the Directors (who are working full time in this company and hold no position in other entities) take monthly salary? If yes, what is the limit monthly/annually?

Also, neither the company's income nor number of employees(3) does not cut the threshold to open salary accounts.

Can we open Savings account for Directors and deposit salary in those accounts? If yes, can we apply for ITR and how?

A trust having 12 A registration.
The main object of the trust is running a special school for differently abled children.

how we have to incorporate the receipts and expenses of this school in trust accounts.
Whether the expenses are shown in application of income on Revenue account ?

my friend has paid igst on freight charges paid to goods transport agency can he claim itc .