my client received notice u/s 133(6) for inquiry of financial transaction made during A.Y. 2013-14 of Rs. 26,00,000.00
from Patiala, but now he shifted at Jharkhand (jamshedpur),
how can he make compliance?

Good morning sir,
we are processing for job work in fabric washing division. And, we have purchase for solar power panel in company electricity reducing purpose. So, i need what is the rate of depreciation to solar panel. second, we are sold in old car. And, further book balance of old car Rs.677000/-, but, i have sale for rs. 605000/- okay my doubt is this transaction to we have raise for sale invoice with gst or not????

Experts,

Which provisions of Income tax act would be applicable for calculating income tax on forex trading?

I have taken it as speculative business income. The absolute figures of profit and loss of all trades are totalled to get gross receipts. And profit is 6% on gross receipts under presumptive option 44AD. All calculations were done in foreign currency and then the final figures was converted to INR at SBI bid rate as on 31st March. Is this correct?

Are there any restrictions on forex trading by FEMA or any other regulations?

Dear all,
can someone guide me how to maintain site wise details with profit and loss in excel. please share if any excel file is available for the same.

One of my friend has got notice under section 142(1) ..... Actually in reality there is a error in nature of business....he is a Commission agent.....but by error it has been shown as wholesale business..... Now due to huge cash transaction he has got notice..... Is there any process to correct it?

Sir
I have sold a property on 10/10/2016 and deposited Rs. 40 lac in Capital Gains Account Scheme. However I could not constructed a building during these three years. Now my question is how much interest should I pay for this as I want to deposit this capital gain tax

One i.t.person purchase of i-phone Rs.95000 payment mode for cash .the asset depreciation allowed or not.

Dear sir / mam
can we claim itc for advertisement expenses if we provided following service

Transportation
Packing/unpacking
Loading/Unloading
Transit insurance etc

Dear Sir,

We are Pvt Ltd Company and our company main business is Investment.
In April-19 our company started a Shirt Selling business through the our website & online platform. No one had counted when the material came to our office.
Now we have taken stock and 11 items are less. Does a debit note/credit note need to be issued?

Now, how to pass the shortage material entry in tally. effect want in P&L A/c & stock a/c. The stock want to reduce.

Please suggest the same.

Hi experts

Please help me to know how we can account in tally software if postage and courier charges is added as item in the invoice and igst charged on that(purchase invoice).

thanks in advance

regards
Rajesh