EASYOFFICE


Rahul Singh
06 July 2021 at 17:45

Equity investments India and outside

hello everyone i have some equity purchased so questions regard that.

what is the limit to buy equity out of india?

if i make profit in selling and then I make loss of same amount within same accounting year over other equity then do i have to pay tax over that first profit or that loss will minus that profit?

is there any other taxes other than income tax on out of india equity purchase?

what is the tax free limit of profit from equity from india or out of india?

i run proprietorship business. help is needed


Pradeep Sharma

Dear Sir
We purchase a material from Mumbai and direct supplied to Tamilnadu but now tamilnadu vendor refused to make the payment in this month. He gives the payment in next month.

Now decided we will purchase the material from Mumbai party and take a warehouse on rent in Mumbai to store material after that when Tamilnadu vendor will done the payment we release the materiel to him.

We can not understand how to make billing process for this, please help


VIPIN GUPTA
06 July 2021 at 17:14

Gst on sale of Truck

Dear sir, we are in the business of transportation of goods by road, all the GST on freight is paid on RCM basis. We are selling two trucks one is purchased before GST regeim and one in June 2018. We have not taken any itc of it,. And claiming depreciation. Will we be liable for GST on sale of both trucks. Will we be liable for margin i.e above WDV or not. We have not taken any GST registration and sale value of both trucks is below. 20 lacs. But if combined with freight amount it comes to 2 crores. Do we have to take registration


Ranjit Sengupta
06 July 2021 at 17:13

Permission for Consultancy

Can a CA working as a designated partner in an LLP doing Consultancy work only, be also a partner in a CA firm and do attestation of Accounts


VISVANATH V
06 July 2021 at 17:29

How to declare will inheritance

Dear experts, how and in which form do i report an bank ac nomination of Rs 83,65,00900 if i am filing presumptive return. PlS answer.


Kollipara Sundaraiah
06 July 2021 at 16:40

Un accounting cash balance

sir,
A individual status business person un accounting cash balance Rs: 50 ,000/- difference show in books.
cash balance as per accounting books rs:2 ,50,000/-
cash balance as per trade rs:3,00,000/-
Query:
A person how to adjustment procedure un accounting cash balance rs:50,000/- in books.


JAMES VERGHESE
06 July 2021 at 16:13

GST APPLICABILITY ON EXPORT SERVICES

An Indian company has provide Medical consultancy into abroad and issue invoices with foreign currency.
Whether that company charged GST on particular invoices or not ???
What are the conditions to charge GST on invoices for Export of Services ??

Please guide me.


TARIQUE RIZVI
06 July 2021 at 15:50

GST REFUND APPLICATION FY 2019-20

Respected Sir,

Fy 2019-20 stipulated period for claiming GST Refund on export sales within 2 years from the date of shipment has passed and now at this moment of time can we expect any extension. We have got delayed alot already and owing to COVAID and lockdown issues and 100% absentism also we seek extension on GST Refund Claim for the fy 2019-20


alok srivastava
06 July 2021 at 14:54

Problem in ITR 1 filing

Please help me to fix the issue. Whenever I choose verification method to file ITR 1 filing at Income Tax site there shows a message "something went wrong, please try again later".


Kollipara Sundaraiah
06 July 2021 at 13:21

Hallmark registered procedure

Sir,
A gst composite scheme jewellery business dealer(annual turnover rs:36 lacs) applied for hallmark registered compulsory.
Question:
1.How to registration procedure for hallmark of jewellery
2.turnover limit.