Clause 27(a) is for showing Cenvat credit availed and utilised. Whether KVAT/SGST credit availed and utilised should also be shown or not. One school of thought says, to show such details only up to 30-06-2017 since Cenvat Credit Rules, 2004 is substituted with Cenvat Credit Rules, 2017 w-e-f 01-07-2017. Request to comment.

Hi,
I worked as employee for the first 8 months. For the next 4 months I registered partnership firm for software consultancy with another partner.

I want to file presumptive taxation(44ADA) for the income/profit I received in partnership firm.

The queries are:
1. How to file salaried income and presumptive taxation(44ADA). Which ITR to use?
2. presumptive taxation should be filed for the partnership firm or for each partner?

Sir,
Partnership firm remuneration and interest received Rs.1100000 and 125000, the received entry for Individual accounts for filing of income tax & computation for ITR.

Dear Sir,
I wanted to ask, who can be joint holders in a public listed company. Can two unrelated persons become joint holders without any agreement between them on how much share percentage each has? And if no agreement between them and no proof that second holder has paid any money to acquire the shares, does he lose to stand his title over these shares? Please help me in these queries sir, as I am facing this new unanswered problem.
Thank You,
Sincerely,
Rahul, Hyderabad
Ph:9704656365

I want to gift say 5L cash to my own brother and he is an NRI so he can deposit in NRO ac. Gift deed is made. Now he wants to transferfrom NRO to NRE ac after converting it. Does such transaction need form 15CA? As this is not an income and its not taxable.Please guide

Dear Sir,
Whether MAT provisions are applicable only to the companies or other than companies such as proprietory, individuals etc, kindly clarify

i am a employee in pvt sector of tata groups with basic salary of 21503/= per month. I get 50% of basic salary as HRA from employer every month. I live in rental house and pay rs. 8,000/= p.m. to landlord as monthly rent. How much i will get tax exemption against rent paid to landlord for a financial year if i produce proper rent receipts along with PAN details of landlord. thanks.

In case of a executive Director , is he required to pay PT monthly also apart from annual PT payable by him for being a director ?

I remember that the maximum PT payable by any person is 2500/- (per year).
Since he has paid it in the capacity of director as annual PT i.e his maximum limit is satisafied.
If he draws any monthly salary, is he liable to pay monthly PT again?
( With reference to Karnataka State PT )

Sir,

we have export our pump in netherland. due to some technical error customer reject the pump and send back to us. we want to repair the pump and reexport the same.
now please advise what can we do in this case.
question -
1. custom duty need to pay in this scenario for import of rejected material.and IGST credit will avail or not.
2. what to do in GST return? can we saw credit note against export invoice.
3. on which paper base we can move the material after repairing.

Sir/Madam,

I have applied for GST Registration in July 2017 but validity start from 05-08-2017 as per certificate issued by the department.

But from my date of application i have started to issue tax invoice and take itc also from purchased goods.

is it right ? pls suggest me.

your cooperation will be highly appreciated for me.

Thanking you,
Yours truly