Dear All,

If A and B took joint loan for business they are husband and wife , but only B is proprietor in a business. Then under Income tax law B can avail any benefit ? We can show this loan as secured loan in B's business.

Can a resolution giving consent to the Scheme of Amalgamation as a Shareholder / Creditor be passed by means of circular resolution?

Dear all,
Please let me know if a person start his own business form jan 2018, from which date we can write his accounts for F.Y. 2017-18. If we start to write from Jan 2018, but for income tax return purpose his account to be kept from April 17 to March 18. Now from which month i.e. April 17 or Jan 18 we should write his accounts.

My client is a works contractor bought a tipper lorry for transporting materials to various sites. Can he take input GST credit for the same?
Thank in advance

Hi ,
My wife is house wife and doing small activities i.e. Tuition etc . In her initially career , she usually took the help from my mother . Now ,she is stable and return back there money who is senior citizen now . My Quarries are ,if she transferred 10 lacs , it is taxable to my mother hand ?

Thanking you .

In my hotel one of the guest booked a room from 26/08/2018 to 25/07/2019, almost for one year, So i need to know is there any procedure under gst to generate the invoice, any exempted under GST or not please answer this question.Thank You

We have filed our GSTR-3B & GSTR-1 return relating with March,2018 successfully as civil contractor. Now at the time of finalization of FY.2017-18, we found that our output & sales is higher than we have filed. Experts, pl. advice how to rectify the mistakes. Regards,

My father is retired person & I am doing service in private company, my monthly income more than 35thousands per month, now my father wants to transfer money from his saving bank account to my saving bank (salary) account. said amount taxable or not. how much amount he eligible to transferred without tax.

Last year i have opted for quarterly return filing as my turnover did not exceed 1.5 crores. But there is EDIT option what does it mean please explain

Dear sir,
We are deduct TDS u/s 194J for Directors Remuneration and whole year we are paid director remuneration amount of Rs 60 Lakhs.

My question is whether above income chargeable under head Business or profession or else income from other sources. In case we are file the return under heads business or profession tax audit will applicable or not .

Please clarify my doubt.