Easy Office
LCI Learning


Mandeep Singh
30 October 2023 at 17:50

Change tax auditor

hi, Tax audit report filed by an auditor can be revised and signed by another auditor?


Deepesh Aravandekar
30 October 2023 at 17:32

Foreign Company Paying Salary In India

Hello Expert, I am planning to join for a foreign (UAE Based) company as contractor from India. They will be paying in AED to directly my Indian bank account in INR based on the conversion rate for the same day.
Now, my query is under what category of taxpayer should I pay my tax and how will it be deducted.
Thanks for your help in advance.

Regards,
Deepesh


Shiv Mohan Singh
30 October 2023 at 17:22

GST RATE ON PLASTIC JOB WORK

Dear Experts
We want to give plastic Raw material to a registered job worker for job work process a final products than return to me. but we confused for GST rate on job work, so please can you tell me what should be GST on it.


Mandeep Singh

Tax audit report filed by an auditor can be revised and signed by another auditor?


suresh s. tejwani
30 October 2023 at 17:09

REGARDING PAYMENT OF SERVICE TAX PAYMENT

IF ASSESEE HAS TO PAY THEIR PREVIOUS SERVICE TAX PAYMENT FOR TRIBUNAL APPEAL THEN HOW TO PAY SUCH SERVICE TAX PAYMENT IF CHALLAN IS ALREADY GENERATED?
WHETHER MANDEATE FORM FROM BANK IS REQUIRED TO BE GENERATED OR ANY OTHER OPTION FOR SUCH SERVIE TAX PAYMENT?


Gopalakrishnan. S

Sir,

We are a registered dealer under Regular scheme. Pls. tell us what is the minimum annual turnover to become eligible to file Form 9 and Form 9C for FY 22 23.

With Regards.


NIRMAL DAVE
30 October 2023 at 16:08

GST ON GOLD ORNAMENT MAKING CHARGES

Dear Experts,

What is GST rate on Gold ornaments making charges (jeweller to consumer)? Is it 5% or 18?

Is GST payable under RCM on purchase of GOLD BAR/BISCUIT from consumer by jewellerer?

Is GST payable under RCM on making charges charged by unregistered person (goldsmith) to registered jewellerer? If Yes than at which rate 5% or 18%??

Thanking You
Nirmal Dave


Ashish Dubey
30 October 2023 at 15:48

Section 24(b) PL and HL

If someone is taking Personal Loan to buy a land for home, (because of free hold land no home loan is provided by any Bank there) Is it possible to take deduction of interest under section 24(b)?


AUDITORS EDAPPAL
30 October 2023 at 14:53

3CB APPLICABILITY FOR TRUST

Is 3CB-3CD applicable for trusts having turnover above 1 crore and having 12A registration.


nirav poptani

Dear Sir/Madam,

Religious trust is registered under section 12 with the income tax department. The details are as under:

Voluntary Donation Received Rs 5,00,000
Bank Interest FD and SB interest Rs 7,25,000
Total Rs 12,25,000

Application of Fund:
1. Rs 1,83,750 - 15% (Rs 12,25,000 lakhs X15%)
2. Rs 3,50,000 for trust object
Balance Rs 6,91,250

Now the trust is filling the return and the system is charging Tat u/s 115BBI at 30% tax on total Surplus income ie 6,91,250/-.

Generally, The trust does not file Form 9A or Form 10 for any reason and always offers the surplus income arising during the PY for tax. Thus as per my understanding, the definition of Specified Income should not be applicable in our case.

Till the last AY, the Trust used to pay tax as per the slab rates.

My question is whether such surplus income shall be taxed normal tax slab or at 30% u/s 115BBI.

Please suggest

Thanks







Answer Query