Hi sir/madame,Im confused with this question,i.e. I had invoiced to the party ie "debtor",amounting rs.62515.But he has paid Rs.62512 only against invoice.Now difference amount rs.3,what should i treat in the books of my accounts.Please any one guide me for solving this problem...

Sir,

I earned last year profit from future and options F&O trading (stock market) around 4L and its F&O sales around 15L. Which ITR no. is to be filed.

Is it a business income. Then what is the business code for F&O income.

I tried to fill online return. Which column belongs to F&O income, E1 or E9 or E10, as i also paid GST on transactions of F&O. But i dont have GST Number.

Please guide.

Regards,

Anju

Hello Sir / Mam ,

I had made sales at 0.1% for FY 2018 -19 . ( Merchant Export ) . All Conditions for buying of goods at 0.1% for Merchant Export are fulfilled except one condition which are mention below:

" Place PO on Supplier :- the registered recipient shall place an order on registered supplier for procuring goods at concessional rate and a copy of the same shall also be provided to the jurisdictional tax officer of the registered supplier."


In my case , above condition is not fulfilled .

Whether I have to submit letter to Jurisdictional tax officer for procuring goods at concessional rate for FY 2018-19 ?

What is the time limit for submit this letter for Fy 2018-19?

I have submitted refund appilcation for FY 2018-19.



Thanks in advance

A friend expired in 2016 , so his ITR 2 for A/Y 2017-18 could not be filed in time. A refund of tax is involved as TDS deducted on salary was more than his tax liability for the year. Can his legal heir file his Return on e filing portal now in view that Govt has permitted to complete returns up to 2017-18 for processing refunds?

Is there any possibility for any further extension for filing of I T Returns for F Y 2018-2019 (A Y 2019-2020) since it has already been extended till 31.07.2020 as per Notification No. 35 dated 24.06.2020.

Assess source of income below taxable limit in f.y.2019-2020. Assess self assessment tax paid rs.1500/- for bank loan purposes.
Doubt:
Assess I.t. return filed compulsory or not in f.y.2019-2020.

sir/madam, i have completed my 3 year articalship as on 9/2/2020 i file form 108.but my principle is not signing ,bcz last year my stipend is not recevied ,so wo kehate hai ki agar stipend account mai nahi dekh raha to muje problem hoga,isliy who sign nahi kar rahe hai,kya main form 119 file kar sakti hu kya..or mera extention bhi aa raha hai 4 months ka to kya krna padega sir plz tell me what should i do..i need your help and solution plz

can an owner/proprietor/partner/director work as a labor in his own firm and claim PF?
Kindly guide with relevant rule or act.

Dear Experts
Say, I have engaged one service provider to hire services of a computer operator/ data entry operator. I have to pay Rs. 10,000/- to the computer operator towards his salary through the service provider. I have made an agreement with the service provider to pay him 2% service charges of salary of computer operator. I have to pay 10% EPF and 3.25% ESI to the service provider as employers liability of EPF and ESI and he will pay the same to the computer operator account.
The service provider prepared the bill as follows -
1. Salary of c. operator = 10000
2. EPF 10% on salary = 1000
3. ESI 3.25% on salary = 325
4. Service charges 2% = 200
5. Total of items sr. no. 1 to 4 = 11525
6. GST amount = ?
Rate of GST ?
Should I calculate GST on Sr. No. 5. ie aggregate of (salary + EPF+ESI+Service charges) Rs. 11525 or
Should I calculate GST on Sr. No. 1. only on Rs. 10000 ? or
Should I calculate GST on Sr. No. 4. only on Rs. 200? or
Should I calculate GST on sum of Sr. No. 1 & 4. (Salary amount 10000 + service charges 200) on Rs. 10200?
Please suggest with relevant rule.
Regards.

hi,

We have hire Advocate for Professional advise received the bill of Rs.30100/- from advocate.
(1) We are elgible to deduct TDS on RS.30100/-
(2) RCM is applicable or note

Please suggest