1.Partners remuneration is taxable or not.. For eg;current ac balance is 75000 and we add remuneration as say 1 lakhs.. if we close a partner's current on tranfer amoount to her,which amount it is taxable
2.If a partner invest a certain amount of money into business, while withdrawing the money whether it is taxable or not
3. Is there any limit to withdraw amount from partner,s current account
Holiday expenses reimbursed to employee. Whether allowed/disallowed as expenditure to the company in IT Act even after same is considered as perquisite and taxed in the hands of employee?
Mr. A provides his own Trucks to Company and MR.A want to pay GST on Forward Charge Mechanism. Mr. A also want to claim whole amount of ITC of Truck.
Then at which rate Mr. A shall recover GST from the company ?
Respected Expert
I need Format of Job work Challan as per GST Act.
Your early action shall be highly appreciated.
Please provide
Sir,
My self Anbarasi .I am unable to change my gender in ssp portal . please resolve this issue
sro0621233
26/01/1995
Dear Sir,
We are manufacturing concern and operating in sale and purchase of Waste. on Purchase of waste TCS already collected by the seller u/s 206. Whether we are required to deducted TDS u/s 194Q on Purchase above 50,00,000.00.
Thanks in Advance
Sir/madam
Is it necessary to have health insurance to claim 80D deduction??? if not can i claim medicine expenses incurred for self, children and parents under 80D without having Health Insurance???/
998313 tds eligible for 194j @10%
Respected Sir,
How much GP and NP Show in PL account means Can we increase 1 to 2% from last year means how much increase from Last year if Turnover increase Rs.40 to 50 Lacs Previous year GP and NP 7.21 & 2.23 Current year 8.25 & 3.23 is Justifiable please suggest we are confused (about book cover audit )
Respected Sir / Madam
May I know maximum which amount of deductions are available under National Pension Scheme.
1) 80 CCD (1B) Maximum Rs. 50000=00 is allowed
2) u/s 80CCB also any deduction allowed other than 80 CCD (1B) ?
or including both total Rs.50000=00
Please guide.
Current a/c details