ajay m
12 January 2023 at 13:20

House rent allo

Can I pay rent to parents? They living in thier own house at native,in living in bangalore at work location.


Daya

what is tax treatment and accounting treatment of profit on buy back shares .


Daya
12 January 2023 at 12:57

Difference between LIC and Mediclaim

what are difference between
LIC and Mediclaim for income tax purpose and for accounting purpose.


Daya

Amount received from Aviva life insurance , how to entry in my books of accounts.
can I Pass journal entry of Bank receipt
Suppose Rs. 1,50,000/-
Bank A/c Dr.
To LIC Premium/ Investment A/c
to Interest on LIC/LIC premium A/c


Vipin Chandran
12 January 2023 at 11:33

Defect rectified return U/s 139(9)

One of my Client filed ITR 1 salary income return wrongly instead ITR 4, professional Income. Income shown is less than AS 26, department asked to rectify the mistake. Now, Iam doing this job for him. Iam chartered Accountant in practice. While filing return U/s 139(9) an error message is coming "value 10 serial cant be more than value no.6a. Please enter proper values in serial no.4/ 6 a as applicable." Actualy this error message is relates to updated return ( ITR U) not for U/s 139 (9) return. Please clarify


Kollipara Sundaraiah

Sir,
A registered composite scheme dealer issued bill of supply value rs:20,000/- to customer.but bill of supply value rs:18,000/- received from customer full settlement.
Question:
Dealer invoice value rs:20,000/- or rs:18,000/- show in CMP -08 return.


akshay maloo
12 January 2023 at 11:13

Related to work

Is there any flatform where a CA can work as a freelancer?


Subodh Kumar Singh

Dear All,

Please advise, we are receiver the services under HSN (996729) from CFA but we want provide the service to our customers as a GTA. My question is can we take the ITC on input service ? we will charge 12% on outward service to customers and will issue GR/LR.

Please revert urgently. I will be highly grateful to you.


SREE PRAKASH
12 January 2023 at 09:25

LEI code regustration

Respected Sir
Please clarify
1.Whether a CA in pracice can take LEI registration on behalf of clients?
2.If so what is the procedure?
Thanks in advance


Debashish Sen Gupta

In case of income tax including penalty and charges were already deposited but revised income tax return was not filed on 31st December for AY 2022 23 will this attract penalty or will it be termed as non compliance on tax payer part? Taxes were deposited as determined by income tax utility calculator by using income tax login but due to technical glitch the return could not be submitted
on 31st December. I was wanting to add bank interest income in other income cokumn in ITR 2.