Ashok
30 September 2018 at 09:27

Partnership remuneration and interest

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.


Rahul Karan
30 September 2018 at 08:18

Who can be joint shareholders

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


Udgam Koomar
29 September 2018 at 23:30

Gifting to nri

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


LAKSHMI KANTH
29 September 2018 at 20:22

M a t provisions - applicability

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


Madhu Singh

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.


moulichaitanya gangupam
29 September 2018 at 15:49

Professional tax for director

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 )



Anonymous
29 September 2018 at 15:49

Export material rejected and return back

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.



Anonymous
29 September 2018 at 14:09

Gst itc and output

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



Anonymous
29 September 2018 at 14:08

Tds on purchase of flat (urgent)

Dear Experts,
We have purchased the flat Rs. 6250000 and builder has also charge other fees like electricity installation charges. Maintenance charge. Parking development charges. Pls let me know whether 1% TDS will be deduct only on flat amount I.e. 6250000 or inclusive above stated other charges as well,

Thanks
Rohit


bikash rai
28 September 2018 at 21:23

Gst

Dear Sir,

My 1st GST Registration has been cancelled for any reason. again I take fresh GST Registration on April 2018. but i forgot to give new new GSTIN to My Supplier.My Supplier submit Return with my OLD GSTIN as recipient.

What will i do Because of ITC?

Please reply as soon as possible

Thanking You
Bikash Rai






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