Poonawalla fincorps
Poonawalla fincorps


FUTURE CA
20 October 2017 at 13:59

unsolved scanner

Dear experts, Is unsolved scanner for CA final available? If yes how to get it?


kunal katkade
20 October 2017 at 13:39

About gst registration

Our Trust is registered under the Charitable trust act and we are running English Medium School and Junior College under the trust. Is GST registration is required for us?
or whether running an English Medium school in villages is come under charitable activity?


Vignesh .S

Hi,
My "Legal Name of Business (as per current tax Act)" and "Trade Name" is wrongly mentioned in GST Portal. When we logged in for the 1st time , we found this issue. When we spoke with the Local CTD office,they asked us to send a mail to GST help line stating the issue. The reply I got from the mail stated that this issue can be resolved by doing amendment in GST amendment Portal on sep20th .We tried to do amendment, but the amendment process did not happen. Please let us know is there any other way to amend theTrade Name and Trade .Thanks


pravin bangera
20 October 2017 at 12:06

Composition scheme

Can a restaurant serving liquor as well as food having turnover below 75 lakh opt for composition scheme?



Anonymous
20 October 2017 at 11:32

Internal rate of return

I am trying to calculate IRR . But error is coming. Any one can guide?

Year Cash Flow
0 -450000
1 50000
2 50000
3 50000
4 50000
5 50000
5 50000
7 50000
8 50000
9 50000
10 50000
11 0
12 0
13 -450000
IRR #DIV/0!


Arsha N S
20 October 2017 at 10:52

Director retire by rotation

What is the procedure to be followed when director retire by rotation and not intended to get reappointed? when to file DIR 12?


Chaitanyaa
20 October 2017 at 10:25

Ifrs in india

Can some tell regarding implementation of IFRS in India. It deadline and present position?


Ravi

Dear Sir. ,
A public charitable trust registered Under Sec12 A of the IT Act 1956, is expempt from income tax liability , if the trust, applies 85 % of its annual income , and submits form10B, audited report along with the return of income , but this year , though the trust has applied its 85% of its income , its, audit report under sec.10 B , is available, while attempting to upload the return of income , there arises a tax liability at Maximum Marginal rates, even though the trust has only rental income from property let out and interest income from investments in fixed deposits with State Bank of India,, this is if the interest income is shown as income from other sources, if the same is taken as voluntary contribution the tax liability is NIL, if so , how to avoid , qualification in audit report under sec10 B, as trust has fully complied with requirements of IT act , for claiming tax exemption , kindly clarify and guide us in this regard, the return of income has to be compulsorily filed online before 31st Oct.2017 , filing return of income manually is not possible , looking forward to your guidance in this regard, thanking you, ravi.r


Vijay Mohan
20 October 2017 at 10:01

chance of scrutiny

last year I have opted for 44ad and showed Profit@8%.since ours is partnership firm. this year 17-18 i am not opting for 44ad.and showing net profit @ 1%. is there any chance of scrutiny


Rohit Jaithliya

A person, lets say X earns 90K per month from US for research services provided in India. No TDS or Form 16 compliance is done here. Gross salary is the net salary. X wishes to leave India in January 2018 (for good uncertain years) and wants to know the income tax compliance. According to me, X has to pay income tax for the current financial year and fill up Form 30C for Income tax clearance certificate. What are some good tax saving investment options for X so that income from investment and the maturity of the investment doesn't become taxable in India? Are there any other compliance, like appointment of a legal representative in India?