PARTNERSHIP  FIRM FILING INCOMETAX RETURN FOR AY 2019-20 UNDER SECTION 44AD AND 44ADA WHETHER REMUNERTATION AND INT ON CAPITAL U/S 40(B) IS ALLOWBALE FOR DEDUCTION AFTER CONSIDERING 8%  PROFIT US/ 44AD OR DIRECTLY PAY 30%  TAX  AFTER TAKNG 8% PROFIT ON TURNOVER  OF PARTNESHIP FIRM  U/S 44AD OR 44ADA PL GUIDE ME

A partnership firm having 3 partners is engaged in agricultural activities. It has got a huge land on which cultivation is done and the agricultural produce is sold in the market. Would the gains from agricultural activities of the Firm exempt U/s 10(1) of the Income tax Act. Also would like to know that whatever share of profit received by the partners of the firm is also an agricultural income and thus not taxable in the partner's hands except for tax purpose.

In my case we have refund receivable of GST
However I have to reverse few items of ineligible ITC
Still I have refund receivable but of lower amount,
Do I have to pay interest on reversed ITC

Respected sir
Just out of curiosity, services provided by ca are chargeable @18% under GST but what in case CA was unregistered and we receive services from CA are we liable to pay gst on rcm basis if payment is greater then 5000 and secondly currently RCM was suspended till 30-9-2019 so it will be exempt services receive? am i right or i need to study more?
Thank you in advance.

Respect sir,
I just want to know that if we are providing transportation of goods services by hiring trucks and giving the same truck on hire basically which is not gta so we are exempt from gst liabilities in this case can we avail itc on any purchase or any service receive. and if we have claim the itc for the same what will be next thing we need to do.
thank you.

Respected sir,
we have subscription of a website which host advertise on facebook in america. by that advertisement if any one want to purchase goods they will place order and we place the same order in other county for example say china and then the same goods will be directly send by china to america goods do not come to Indian customs but in case of payments for the sales payment was received in our account and for purchase(china) payment was done by us. so whether i am liable to register under gst or not. and secondly i have came to know that there is an advance ruling about the same and if i'm not wrong in that they said said we are not liable to pay igst since no movement of goods involve in India.
please reply as soon as possible.

Hi sir,
my Ca friends partnership with non accounting services provided. can be start partnership firm.

Dear Experts,

Please clear my doubt as detailed below

Sir My Completed service for gratuity calculation is 9 years 6 months 3 days.my query is can i consider it 9 years or 10 years to calculate gratuity and please provide any rule copy for the same

hello,

what is the procedure to return DBK to customs and also confirm whether interest is payable while returning DBK.

we have to return DBK becaused payment is not received from the customer against export made in last year.

If cash in hand in my Balance sheet as at 31.03.19 shows around Rs. 7.00 lac, in there any restriction or whether any objection may be raised by ITO ? I am an individual having Gross total income of Rs. 4.00 lac.