DEAR SIRS,
ASSESSE HAS PURCHASE IS HIGHER THAN SALES
IN 44AD WHICH IS CALCULATED AS A TURNOVER SALES OF PURCHASE ?
WHAT IS PROVISION OF AUDIT IF HE CLAIMS LOSS, AS ACTUALLY ITS LOSS. BUT ASSESSEE WISHES TO DECLARE PROFIT OF 8%

we are comes under SEZ and we need to sale a scrap(unpacked carton boxes, paper waste,old newspapers & Unused Plastic carton). Do we need to deduct Tcs @ 1% to the customer.

kindly suggest pls..

Can a third person invest in my partnership firm. If yes, then do i have to return the money legally n as per rules???

sorry sir,

Monthly rent Rs.1,00,000/-


how much % TDS Should i deduct from the boat hire charges.

My return of ay 2017-18 invalidated due to non response to notice under section 139(9)

What's solution please suggest

Hi,

I had received a letter seeking details regarding the purchase of a flat under section 133 (6) in 25-02-19 and I had responded back with required documents asked by Income tax officer but I am not clear on few things and need assistance

I am a salaried person and there is no alternate source of income the flat was brought on home loan and no payment is done in cash (Have submitted) all proofs on same. there is no cash transaction in bank statement then why I am receiving this letter?

secondly, post submission of all documents I haven't received any further communication what should I do now? Am I required to meet assessing officer as I am not aware what is happened and I haven't received any further information in this regard?

Pls suggest !

The comaany from which we deal they send us product via 3rd party but as per their company policy they issued us discount on turnover including Gst how to make enter this on tally

One of my client has sold the membership of the club, so just wanted to know whether membership of club is considered as capital asset and whether any profit arising on the same is liable for capital gain.

Thanking you in advance.

Hi everyone,

My question is we are having our consultant where we are giving her charges of Rs. 25000 per month so her total charges is 300000 p.a now my doubt is whether i have deduct 10% on every month or 10% on 300000i.e her annual charges?

Is GST mandatory for any current account?