Anonymous
30 March 2018 at 13:10

Accounting treatment

Dear Experts,
Mr. X is my brother. And I have taken loan of 60 lakh. bank has deducted Mr. X loan's of 20 Lakh and rest 40 Lakh was credited in my account. However Mr. X will not return/give 20 lakh to me. Pls let me know the complete accounting treatment.

Thanks
Rishu Jain


VINOD KUMAR
30 March 2018 at 13:07

Return filing


Sir,

We do not have any purchase & sale transaction for the last 5 months. We are filing nil return GSTR-3B month on month. Just wanted to know is it necessary to file GSTR-1 when we wanted to file it is saying no transactions!!
Please reply sir
Thanks
Vinod


CA Bhavesh Thummar

An Individual with Non-Resident status had received his salary income outside india (i.e. UAE-Tax Free) during F.Y. 2015-16 & F.Y. 2016-17, He had deposited Part of such income in NRE account (Not Directly in Indian Bank but first received in UAE and then Converted through exhange) maintained in India during such financial years, What will be tax implication on such amount received in India?
Stay In India :
F.Y. 2015-16: "0" Days
F.Y. 2016-17: "36" Days


Vignesh
30 March 2018 at 12:50

Due date for revise return

What is due date for to file revise return of AY 2017-18?
is it 31.3.2019 or 31.3.2018



Anonymous

sir,
My aunt sells all types masala products which she makes .. in return which code i should select for this type of business ..


CHUDASAMA PRUTHVIRAJSINH R
30 March 2018 at 11:52

Reversal of deduction u/s 80c

HOW TO REVERSE THE DEDUCTION U/S 80C FOR THE HOME LOAN REPAYMENT OF PRINCIPAL


Jatin
30 March 2018 at 11:35

Rental income

Which ITR Form used for Rental Income



Anonymous

Sir, I'm trying to find NIC Code for Cutlery Business sales retail shop, registration in Udyog Adhar.
Pl let me know what is the NIC code for cutlery Business retail shop.

Thanks & Regards

Hemant Bhosale
Mob No. 9881155657



Anonymous
30 March 2018 at 11:08

Formation of memorable trust

My uncle is not having children. His wife expired recently. He would like to start a Trust and keeping me as Trustee. The main aim is to support elderly aged persons who are not been looked by Children. Mainly to support for food and clothing of them. We are not planning for shelter as of now. At this point of time I am working and earning person. So how to handle this case? How to form a trust and which type of trust need to be formed. Is there any Legal implications? How the taxation will be ? Please let me know is there any person who can help for formation of trust and help to complete the documentation.


Aditi Unadkat
30 March 2018 at 11:04

Alteration in rent agreement

Need your help regarding given issue:

There was a rent agreement between two parties. Now they want to alter the contract price. So, is there any format / proforma for alteration / change in Rent Agreement ?