In case of Individual, What is the treatment for Opening & Closing Balance in income and expenditure account?
Dear Sir,
I would require a format for
1. undertaking that there shall be no infringement to the proviso to the section 2(15) of the IT Act
2. A certificate from the Managing Trustee that there is no change in the objectives or activities of the Trust. In case there has been any change in objectives/ activities that may be pointed out
We have a one employee his salary is pending for last three month so can we pay cash salary for Rs.27000/- in once in a day. (9000*3)
WE ARE STARTING A NEW PARTNERSHIP FIRM AND ONE OF OUR PARTNER HAVE HIS OWN FIRM AND HE WANT TO INTRODUCE HIS CAPITAL AS STOCK FROM HIS OWN FIRM.IS THERE IS ANY WAY FOR THAT.
OR WE NEED TO MAKE A SALE FROM THE OLD FIRM TO THE NEW?
SUBMITTED ORIGINAL RETURN MANUALLY INCOME BELOW FIVE LAKHS FOR ASSESSMENT YEAR 2016-17.IN JULY 2016. WANT TO SUBMIT REVISED RETURN SHOWING INCOME EXCEEDING RUPEES FIVE LAKHS WHETHER IT WILL BE SUBMITTED ON LINE OR MANUALLY/ PLEASE ADVISE.
Dear Experts,
I have made the purchase return by issuing debit note and the supplier has also issued the credit notes for the same. Pls tell me in My GSTR-1 whether I will have show my debit notes, or supplier will show his credit notes in his GSTR-1 thereafter I will accept in my GSTR-2,
Pls resolve the Above query
Thanks & Regards
Anshul Jeswani
I have medical store where sales is on cash/card basis. can I enter only 1 bill on daily basis with HSN code wise and item wise entries?
I want to go for industrial training in the third year of articleship. But I have already signed three years of articleship deed. Whether it is possible to amend the deed??
I sold my old Flat in oct 2017. I had purchased it 18 years back for Rs 5 Lakhs and had paid Stamp Duty of Rs 50,000 then.
To calculate my taxable capital gain, I want to determine the ‘Cost of acquisition with indexation’.
1. Is it Correct that I can INCLUDE the Stamp Duty of Rs 50,000 along with the cost (for a total of Rs 5,50,000) for the purpose of calculating the Cost of acquisition with indexation ?
I HAVE FILED ITR-3 WITH SALARY INCOME RS 340068.
INTRADAY LOSS RS 63961.
BUT INCOME TAX DEPARTMENT HAD GIVEN ME NOTICE BY COMPUTING MY TAXABLE INCOME AS
(340068+63961)=404029
DOES INTRADAY LOSS ATTRACTS TAX?
PLEASE EARLY SOLUTION , WHOM SHOULD I POINT THIS?
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
Income and expenditure