Income tax refund received with interest in my bank account.
How to bifurcate refund of tax and interest amount,
what documents require to check Tax refund and interest amount to book in our books of accounts

Electric Expenses incurred by proprietor for home consumption,
whether electric expenses booked in proprietor books of accounts as drawings.

My client is receiving some amount from foreign companies directly into his Indian bank account for the services provided to its Indian Branch / Foreign branch. Is there any FEMA applicability on him

I am going to write bcomF&CA exams on dec 22 and anyone please tell me the procedure to obtain my degree certificate after exam results.thanks in advance

Can we file mgt7 first and aoc 4 later? Kindly resolve


Thanks in Advance

Hi Expert,

Since FY 2018, April our ITC is accumulated in SGST head after utilization as per order, we got SCN to reverse excess ITC claimed along with interest & we paid excess claimed ITC through DRC-03 but now officer is asking to pay interest on same reversal from month of June 2018 because we haven't credit balance in IGST & CGST. Officer is suggesting that you have pay interest on IGST & CGST because you haven't balance in respective head. We are in argue to them we have accumulated balance in SGST head due to order of utilization/sequence of utilisation. Then why we have to pay interest ?? We are paying IGST from CGST & SGST each month.

Is there any way to avoid interest payment in above case. expecting reply as per GST Law.

Can NRE be member of NIDHI?Whether he can buy share by transferring fund through NRE Account?

Dear sir,
My goods delivered from punjab and billing was raised to my comapny l.e. ABC company at delhi after that goods will be shiped at noida .
at the time of delivery, the truck touch to point then party said you can move the goods to greater noida they are also informed us and also you can change the shipping address in the billing.
so whatever the legal responsibility and what should we do ?

Father has transferred his physical shares to the Demat Account of the son, and then son sold the same and remitted the amount received on sale of shares.

What would be the implications of capital gains tax in the hands of father and son.

Please guide.

Sir / Mam
I am a trader. I had invoiced and generated e-way bill for the goods loaded to my customer. But, the truck had not moved by the engine fault. I and my party failed to cancel the e-way bill even after 72 days...
After repairing, the truck is ready now.
Can I issue another e-way bill for the same Invoice?
Kindly guide me plz
Thanks in adv