Ashu Patel

I have a query regarding salary to be paid on monthly basis to working partner(2) in a partnership firm. Example : Firm with 2 partners and capital of Rs.50000/-. How to calculate monthly salary for both working partners with some examples of Profit or Loss.


Gopal B Agrawal
25 May 2017 at 00:12

calculate gst tax on Tobacco

can anybody calculate the gst tax with cess applicable on branded unmanufactured tobacco. existing Excise is 64% Additiknal Excise 8.3% Gst 28% Cess 71% say for Rs.100/- I'll be very grateful of the Person for solving this for me. Thank You.


Yajuvendra Rawat
24 May 2017 at 23:54

194h

Dear Friends,

Is TDS U/S 194H deducted on the amounts paid by Individual or HUF for their personal purpose. For example brokerage paid by an individual for purchase of Flat for own purpose, who has a proprietory business and comes under the ambit of Section 44AB. Will he be liable to deduct TDS U/s 194H on brokerage paid to a dalal for purchase of flat for his own purpose. Please help to clear the doubt


Yajuvendra Rawat
24 May 2017 at 23:19

194c

Dear Sir's and Friends,

In section 194C one is supposed to deduct TDS on income comprised therein, one of our freight forwarders have submitted a single bill containing Service charge and reimbursement of their expenses, reimbursement expenses are shown seperately, my question over here is am i supposed to ask him for bills or challans for the expenses reimbursed, what if he does not give me proof of these reimbursements, will i be supposed to deduct TDS on service charge + reimbursement or will TDS be deducted only on the income component, Please help and suggest.


rajesh
24 May 2017 at 20:30

GST RATE.

Dear Experts. Kindly tell me what is GST Rate from receive CAB(Taxi) service ..who is responsible to collect and deposit GST.. Service provider or services receiver..


Manoj Prasad
24 May 2017 at 18:53

Tds on fixed deposit interest

If some one make a fixed deposit in a Bank of Rs.45000/- for 5(five) years and the maturity value after five years is Rs.62050/-, now interest earned in 5 years is Rs.17050/-, now I want to know, can Bank deducted TDS on this interest amount.

As per my knowledge TDS deduction is applicable if interest amount is greater than Rs.10000/-in a year.. but in above case interest of Rs.17050/- is earned in 5(five) years.

Please advise.

Regards
Manoj



Anonymous

Sir i am Aircel (Sim & recharge card) distributor. my total turnover for the FY 2016-2017 is approx 1.5 caror. My query is Audit is compulsory for me or not? please suggest

Thanks


priyankagupta
24 May 2017 at 16:06

sec 44ada

If i provide coaching to students. Am i eligible for 44ada.wat is main benefit that we gained only in filling under sec. 44ada



Anonymous

What is GST no ARN or Provisional id no?


Avijit Saha

can we take cgst credit of 40% on transitional stock which supplied by ssi unit or sez enjoying excise exemption.





CCI Pro
Follow us


Answer Query