what would be the tds implications on the following :
- if i buy foreign currency from an authorized dealer
- if i buy it directly without having a proper license
also what is the tds implication on purchase of forex currency in general ?
Is it necessary to give notice to assessing officer for changes made in the Partnership Deed due to change in the partner?
Thank you
There is hospital and medical store under the same PAN in the constitution of Private Limited Company and it has applied for GSTIN. The hospital is wishing to pay professional fees to their directors who are doctors by profession.
Then whether the company has pay GST on reverse charge basis on the professional fees?
If paid in reverse charge then whether it can be claimed as ITC ? or it has to proportionately used for taxable supply and exempt supply?
Dear sir,
Amount received from father to a married douther, is it taxable or not.
Regards,
Dear All, I filed my IT return for AY 2019-20, and received my Refund also. but still order under section 143 is pending, and not yet received any order. could i know the process in IT dept.? Rgds / Murali V
Mr. X was an employee in an organization for 3 years. He had an account with the EPF. After 3rd year X resigned and joined a new firm. X forgot to transfer his existing EPF account and he opened a new EPF account with the new employer. now X is working under the new employer for 2 year. so overall he is worked for a period of 5 years. (old+new employer). since its been 5 years of service, can x withdraw the accumulated balance in EPF account under his old employment. Is it taxable?
Hello sir
We (Partnership firm) have some expenses of conducting games for students while conducting we incurred like hall booking charges, lights and sound charges etc. we treating this as a donation in our books because it is apart from our business expenses, my question is do I need to deduct TDS for the this ? kindly help pls..
Sir
We have submitted Feb19 month GSTR1 with wrong GSTN number.
Can we correct it now.
last date of claiming ITC for 2018-19 is September 2019. Can anyone plz explain me how to claim ITC in case of previous months' bills?
I have filed return of my mom last year
In the return i have shown building of rupees 700000
But depericiation not charged
But i have shown it in the block
But in real this building is not for business purpose
And we do not use this for business
In the py 2018-19
Sold date i e on 13-1-19
We sold the property for 1060000
Now how i should treat this
As a capital gain or as a pgbp (block)
If i take as a capital gain
Than no tax
Because of indexation
But if i treat this as a pgbp
There will be tax bcs my block become nil
How i should treat this.
I have no investment till now
Question
1 if i show as a cap gain
Whether chances of notice are there or not
2 whether to treat this as a cap gain or block pgbp
3 which itr i should file if my mother has 50000
Also business income
4. If notice come what was the interest implecation
Live class on PF & ESI Enrollment & Returns Filing(with recording)
Tds implication on buying foreign currency