Dear sir/ma'am,

We Merchant exporter, purchase the goods under the scheme of 0.1%.on Dec-2021, We have to export withing 90 days but due to covid-19 pandemic We were unable to export within 90 days. Till date we stocked the material. Now in Jan-2021, we fined buyer and want to sale in local market. can we sale on local market. ?

Please advice

we had recived an advance against export order but after the readiness of material buyer didnt pick up the material so the order was cancelled, now the bank is asking for the dollar recieved the export proof, how to treat this problem in terms of banking and Rbi and fema

MY REGISTRATION FOR PE-II LAPSED ON DECEMBER 2009. NOW I WANT TO PURSUE CA INTER. I HAVE COMPLETED MY B.CO DEGREE IN 2006 WITH 72%. WHEN I TRY TO RE VALIDATE MY REGISTRATION IN SELF SERVICE PORTAL, THERE IS NO PROVISION FOR RE VALIDATION. WHAT SHOULD I DO? PLEASE GUIDE ME.
THANKS IS ADVANCE

Sir,
We have 2 bank accounts which are listed below.
1) HDFC Bank A/c ….1611 for normal day-to-day operations.
2) UBI A/c …..31260 (Rera designated account wherein 70% of the amount realized for the real estate project from the allottees to kept & utilized to cover the construction cost)


Can we deposit 100% of advances /amounts received from customers against Units to be sold/sold, in HDFC Bank, out of which 70% of the proceeds will be utilized to meet construction purposes & the remaining 30% will be utilized for day-to-day operations.?
Please advise.

1) We’re paying in USD via Credit Cards towards purchase of services like Server Hosting/Linkedin towards business usage. Shall we deduct TDS u/s 195, if yes at what Percentage we’ve to deduct (PAN is not available) and is there any supporting clause which mentions not to deduct TDS? 2) Payments were already made without deducting TDS, Whether to grossup for deduction of tax if TDS has to be deducted?

Dear Sir,

How much salary a person can expect who is a CA working in Treasury department from the past 3 years earning salary of Rs. 11 lacs p.a and has now recently cleared CFA Level 1.

Please advise on this matter.

Regards,
Divyesh Jain

What is the Journal entry for Reversal of Input Tax credit ?.

Your Return for A.Y. 2021-22 has been processed.
There is no payment due.

I got a mail and attachment is this
Do i need to do anything?

Dear Expert,

A small firm having annual turnover of Rs.6,50,000.00 for the year 2020-21, due to less turnover the firm was in losses.. My doubt was whether there is any tax audit required to show the loss in ITR.. Kindly confirm

hello everyone

i am selling products through amazon.

while delivering order the bill that is sent to buyer includes product charges and shipping charges ,adding gst to both of them.

while filing gst return besides product sale am i required to take shipping charges as well as my sales or not.

we are collecting gst @18% on both shipping charges and product as well.

amazon takes shipping charges back while charging its commision as well whose input is also available to us