aarya
09 July 2021 at 11:36

Docs to be uploaded

What document to be uploaded during gst refund application. We are exporter of pharmaceuticals products.


UBEIDULLA
09 July 2021 at 11:09

Asst of salary earned abroad

An IT employee worked in Germany for four months during 2020-21 and worked in India for the remaining eight months. The employer issued salary certificate for the entire salary earned during the year. Can the employee claim exemption for the salary earned abroad?. He has already paid the taxes due in Germany.


ila

A company , following useful life charges depreciation on plant and machinery.
now its accertain that plant can be further utilised for next 10 years easily.
is it allowed as per companies Act to reconsider useful life of plant and accordingly depreciation is to be charged?
how many time useful life can be reviewed/reconsidered.


Ashok Kumar DAWAR
09 July 2021 at 10:47

TDS on property refund

I filed IT return for AY 20-21 last year in form 1 and claimed TDS on sale of property.26AS did not show TDS credit at time of filing of return because bank might not have deposited in time.Now 26AS for AY 20. -21 shows TDS credit.But after tax assessment no refund was issued. How can I claim TDS?Which form for revised return and under which section?Thanks


Hemkumar
09 July 2021 at 09:57

INCOME TAX LOG IN ISSUE

at the time of log in we face error msg with code "ITD-EXEC2002 ", What is meaning of this error code ?


Sharan KB
09 July 2021 at 07:45

Margin scheme for car dealer

Dear sir,

Our car dealer sells used car where such used cars are purchased from unregistered person as well as registered person under GST.

Question. Can we opt for margin scheme for supply taken from unregistered person and apply normal valuation for car purchased from registered person and avail the ITC on it.

Hence my final doubt is that, is both valuation allowed for this car dealer ?

One car for valuation under 32(5) and one car for valuation under sec 15.

Thanks in advance.


Sunil Joshi

P&GS scheme pension as well as pension paid by employer is counted as salary income, hence std deduction can be claimed u/s 16(I). If for Jeevan Suraksha Pension scheme premium was paid by the employee (and not by the employer) while in service from his salary income, does the pension earned qualify for standard deduction? Also if employee himself pays premium after retirement towards this policy, he won't be able to claim it, am I right? Please give clear picture.


Kollipara Sundaraiah

How to prepare procedure intra day shares transactions and future and options transactions of profit and loss account and balance sheet.


YELLANKI RATHNAGIRI

Dear all

My client Mr XYZ is GST Registred dealer in Andhra Pradesh,
My client got material supply order from Karnataka GST Registred Dealer with 2 conditions
1)Materail should be dispatched within andhra preadesh,
2) Tax Invoice Billing to Karnataka state with IGST Tax

now my client is suppliing materail with in andhra pradesh and billing to karnataka state with IGST
Is it right process??

please explain if any wrong


VIPIN GUPTA
08 July 2021 at 19:06

Allowable Expenses of Buisness

Dear Sir,
We have purchased 2 Plots from Riico in Year 2002. In the Fy 2017-18 we have sold one plot on agreement and offered the proceeds to tax. Now in the Fy 2021-22 the registry of plot is being done.
Now the RIICO is saying that there was a change in partnership firm during the year 2006 so you will be charged with stamp duty which will be collected by sub registrar Rs 18.50 Lacs. My query is can be claim it as revenue expenditure. We can not claim it as tranfer expenses as the proceeds have been offered to tax in the F/y 2017-18 itself.