Government has notify my land as a forest land..... will i get any compensation... if yes then how much .???? Is there any remedy for get back land in my possession..?Thanks in advance

the 8% profit is to be considered before interest on partners capital and partners remuneration or after deducting it for determining audit applicability, because in our client case profit is 13% before interest and remuneration but after remuneration and interest it is 5% . Whether audit is applicable to this firm for F. Y. 2016-17.

ca club india
i want to convert to new ca final syllabus manually withu out being converted by icai.

as i interested to write my ca final exam in new syllabus

explain procedure

QUESTION-1
1. If Buyer (Bill To/Head office) is located in Maharashtra and Ship to (Consignee/factory) is Located in Gujarat which tax is applicable ?

1. CGST+SGST or IGST

1. If CGST+SGST or IGST then while filing the GSTR-1 whose GSTIN Number Buyer or Recipient need to be put in data to get the ITC to such person GSTIN OF RECIPIENT or Buyer.

QUESTION-2
1. If Buyer (Bill To/Head office) is located in Delhi and Ship to (Consignee/factory) is Located in Maharashtra which tax is applicable ?

1. CGST+SGST or IGST

1. If CGST+SGST or IGST then while filing the GSTR-1 whose GSTIN Number Buyer or Recipient need to be put in data to get the ITC to such person GSTIN OF RECIPIENT or Buyer.

(Who will get the ITC & How Transactions Works Please explain with example)

Read more at: https://www.caclubindia.com/experts/ask_query.asp

A dealer on the appointed date having stock of goods purchased inter state, now he want to opt composition scheme, whether its claim may be rejected on the basis of opening stock consisted goods purchased inter state.

SIR,
Please, guide into following :

An individual has received maturity amount of his LIC life insurance policy, in FY 2016-17.
Policy started in October 1996 and matured in October 2016.
Policy Sum assured = Rs. 1,00,000.
Total premium paid by him during the policy period = Rs. 1,20,000.

Total Maturity Amount received in October-2016 = Rs. 2,15,000.
No any other amount is received during policy period, except this maturity amount.

QUE.1: Is this LIC Policy's maturity amount, taxable income ?
Is any tax to be paid on it ?
QUE.2: Will he have to show this Policy's maturity amount, in his Income tax Return of F.Y. 2016-17 ?
If yes, then :
- Where to show this amount ? - Under which head ?
QUE.3 : How much amount to show in the Return as income ?
- Full Maturity amount Rs. 2,15,000 ?
OR
- Maturity Amount - Total Premiums Paid ?
[ Rs. 2,15,000 - Rs. 1,20,000 = Rs. 95,000 ] ?

Please, guide.
Thanks in advance .

I have salary income, around 3.48L , but form 26as Tds details of mine is not updated.. Til date, .. Wat to do..

is it mandatory for a manufacturer or seller whose turnover is below 20 lakh to register in GST?

I am again asking this question as i was not clear in earlier answer. If a person is having a rented shop in an area where there is shop on ground floor and above building is used for residential purpose whole area is having similar shops all around in which ground floor is rented for commercial purpose and above building is used for residential purpose. It is a kind of backward area . I have applied for Vat but authorities refused to allot registration on ground that they will not give registration in rented residential building. so, My question is that whether under gst registration will be granted in such area if threshold limit is crossed of such person.

While making the DD of rs6200 for registration of cpt i wrote 'Institue of chartered accountants' instead of 'The Secretary, Institute of chartered accounts of India' will my appliccation be rejected? is it possible to correct a demand draft? pls help i'm really freaked out