Dear Sir,
My final product is covered under section 4A (MRP Based) and I am availing abatment for Output Excise Duty, can I avail Input Credit on raw material used for Final Products?
As per my view while availing abatment, we can not take any input credit on Raw Material
Thank you very much
Your's sincere
If house is purchased in the name of Father.
One situation:-
Loan is also taken in the name of Father. But loan is repaid by sons through amount paid in father's bank account.
second situation:-
Loan is taken in the name of sons. and paid by them.
then in both above situation what will be tax treatment. Can sons claim the benefit of deduction of loan repayment?
thanks
there is any provision regarding t.d.s on agriculture land given on rent.
i.e,it is compulsory to deduct t.d.s on rent income if it is received from agriculture land and exceed Rs.180000/- a per section 194i
If Someone has forgotten user id, password and registered e-mail id then how can someone file a ITR...?
Dear Sir,
In audit case what is the due date to file income tax return?
Thanks and regards
Hello Sir,
We have filed return within due date and also Tax Audit report had been filed along with it. Later we came to know that some expense has not been taken in P&L Account. Now we want to rectify that mistake and also want to file the revised return accordingly. Now my doubt is that can I revise the return without revising the Audit Report??And also if the auditor doesn't agree for revising the return what I should do???
give me the details to convert ipcc to direct entry scheme
Income from F & O Transactions , Sale of shares without delivery as well as Intraday trading in shares are treated as speculative income
Is it possible to set off their profit /loss against each other ??/
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
Input credit on mrp based final products