Respected Experts
Please provide guidance A GST registered private Limited Company pays commission RS 25000 to a unregistered dealer. Is the company liable to deposit GST under Reverse Charge. If yes at what rate tax has to be paid.
Thanks in Advance.

A women has received payment in cash Rs. 50,000 for religious teachings which is her Income from other sources. She deposited cash in PPF Account. Does she have to report it under the head as income from other sources in her Income Tax Return. Thanks 🙏🏻

Dear Sir's

Want to import desi chik peas from Africa, please let us know customs duty structure.

As on icegate it is showing 85.85%

Basic 70% + Social welfare 10% + IGST 5%

Is there any exemption on basic customs duty................?
Is there any quota certificate for import from any other dept. like DGFT etc...........?

Thanks & Best regards

Kamal Joshi
Cell: 9913 00 9913

We filed the GSTR-1 and one of the recipient has given the GSTIN Number and we have uploaded, the registered recipient has expired and We got to inform was very late, Now we don't have any written information about the death of recipient, by then we have already filed a GSTR-1, Now the recipient son is objecting the sales we have uploaded on the portal, Now we can't revise the GSTR-1, either we can't issue a Credit note , We want to know in this situation, What the seller can do, is there any impact on statuatory matters, or any consequences on seller. How do we solve the issue?, please advise on this matter.

IF A PARTICULAR PARTNERSHIP ENDS AFTER A PARTICULAR ADVENTURE BUT THE PARTNERS CONTINUE IT AFTER COMPLETEION OF BUSINESS , THEN WOULDN'T IT BE BREACH OF CONTRACT BECAUSE THEY HAD MADE AN AGREEMENT TO CARRY ON BUSINESS FOR A PARTICUALR ADVENTURE OR BUSINESS , BUT SINCE THEY CONTINUE TO DO BUSINESS, IT IS CLEAR BREACH OF THAT CONTRACT

Mr. A sold an agricultural Land at Rs. 550000.00 while its Market Value was Rs. 985400.00. Mr. A invested the consideration received Rs. 550000 for purchase of residential house. How will the exemption u/s 54F claimed. The land was purchased at Rs. 51000 in F.y. 2013-14.

A gst registered dealer rs:50,000/- net balance tax for may-21 month amount business expenses (profit and loss account debited) allowed in it act.

Respected sirs
A chartered accountant, being the statutory auditor of the company, is certifying the audited financial statements as ' PREPARED BY". In the audit report the reporting was, I quote, " The preparation of financial statements is the responsibility of the management. Our duty is to express our opinion on it". But on the statements the certification was" PREPARED BY". MY questions are
1. Can a practicing chartered accountant certify the audited statements as above?
2.Is it not violation of section 144 of companies act 2013?
3.Is it not against the guidelines issued by ICAI with regard to audit of companies?
4.Is the chartered accountant guilty of professional misconduct?
Kindly advice
Subrahmanyam

Dear All,

Is income from Fish Farming is taxable to person in India?
Is income from crop farming but with help of technology by a non farmer in government allotted land is taxable or tax free?

Chirag Shah

Hello sir,

The company had hired Doctor's on the company's payroll and this doctor also runs their own practice. The doctor are paying annual professional tax directly to the government authority on their own practice service. They are providing the professional tax receipt to the employer and asking the company not to deduct the PT from their salary as they have already paid. What should the company do in this situation. Should they deduct the PT from the employees or they should not deduct the PT.? Please advice