Dear all,
my client filed IT Return U/s 44AD for A.Y 2015-16 (turn over below 1 crore)

in A.Y 2016-17 & 2017-18 IT Returns were filed through tax audit (turn over below 1 crore)

Now again they want file their IT return u/s 44ad for A.Y 2018-19 (turn over below 1 crore)

Is it correct, because some one told me if once Opting out from this section, in next 5 years can not avail the 44AD section

please clarify mee

Dear all

after 23rd GST Council meeting all hotels are paying 5% tax with out ITC

Now are they treated as regular dealer or composition dealer

Dear all
my client was dance master, so he is professional,

CBDT U/s 44ADA notifies some (seven) Professionals,

as per above section they have to file IT Returns either 50% offering on Gross Receipts or Tax audit

dance master (not cinema field) not covered above section

he is not maintaining books of account

so now i want to file this case in ITR 4 in P&L at Serial No.53 (with out books of accounts)

Is it correct or it to be audited

Can the input GST paid on the repairs & Maintenance of a vehicle be claimed where the Assessee is in the business of whole sale trading of goods and the vehicle is not used for transport of the goods rather used for business purpose (like travel by proprietor for business purpose etc)

IF BOTH THE SUPPLIER (EXPORTER) AND GTA IS OUTSIDE INDIA AND PAYMENT OF FREIGHT IS MADE BY THE SUPPLIER THEN, IS IMPORTER IS LIABLE FOR THE GST ON RCM ?

Hi Everyone,

We have a Private Company incorporated in 1954 and Previously we issued share certificates by mentioning that "Incorporated under the Companies Act, 1956". and we made allotment in this year and we are issuing Share Certificates for them.

My doubt is whether we have to mention in share certificate that "Incorporated under the Companies Act, 1956"
OR "Incorporated under the Companies Act, 2013"

Kindly clarify in-detail regarding the above Subject. It's Urgent..

Whether TDS is deducted on purchase of hardware from a Non resident & import duty is paid on the same?

Dear Sirs,
we are having a turnover of 5 crores and net profit is around 10.5%. Still we have get our accounts audited as per income tax act.
Please give your valuable advise.

Thanks in advance
K.B.Nagesha Rao
9448826793

Dear Sir,

I am doing direct entry in IPCC, I have plan to write exam in may - 2018, i wish to change old syllabus to new syllabus, how to change my syllabus Please guide me experts.

Hi,

Currently I am working in a Big 4 firm in GST profile and have experience of 5 years. I want to move to Income Tax. Is it the right time?