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RAJEEV KUMAR MEHTA
05 October 2023 at 12:50

Credit to NRO account from PPF account

Sir,
How the amount credited on maturity of PPF A/c to NRO A/c will be treated under Income tax rukes!
The PPF account was opened as Resident Indian but after few years the status changed to NRI.
Would appreciate kind advice!



AUDITORS EDAPPAL
05 October 2023 at 11:56

ERROR IN FILING ITR

While uploading the json file for IT filing (ITR5),displaying an error message like 'CAUGHT ERROR DESCRIPTION AS NULL'.


Sreera
05 October 2023 at 11:40

Entry on payment of honororium

An honorarium of 25000 p.m. to an officer posted in branch office is paid after recovery Rs. 200 towards Prof. tax and remitted to Head office and receive reimbursement for the payment made. what is the entry to be made in accounts of branch office and in ledger in HO accounts please.
kindly guide


ARUN GUPTA

We sold goods to party in 2018 and now party wants to pay full amount in cash.Can we take full amount in cash on one single day.please clarify?


ashok sachdev
04 October 2023 at 20:14

Is a Will made by email valid ?

My sister, an American citizen, of Indian Origin, recently passed away in India. She had, by an email sent to her son ( also an American Citizen ) just a few days prior to her death, given instructions on disposal of her funds lying in her late husband's NRO account in India.
The son is complying with her wishes.
We, her siblings, are the recipients of these funds. Are we, under the IT Act, exempt from paying gift tax on the same ?


Tennyson Shedu
04 October 2023 at 19:13

Debit note or invoice

Dear Sir, please help clarify this question.

An Associate lawyer, working for a law firm (XY) had travelled to other cities for a client work on behalf of the firm XY. The amount (for tickets, hotel etc.) he had spent from his pocket are being reimbursed by the firm XY. Now, my questions is, what should i raise to the client for these expenditure, will it comes under debit note or normal invoice?


Francis George

Hello, Could anyone please help me on the below query

We receive a service of Renting and leasing of machinery, equipment from a partnership firm tothis service the firm charges Hiring Charges & issued one bill on July amounting Rs. 249958/-(Basic amount-211829/-) to which TDS was not deducted.

Now the party has registered as a MSME & provided Udyam Certificate registered on 16.09.2023.

Should we deduct TDS in there upcoming bills?


AUDITORS EDAPPAL
04 October 2023 at 17:58

UDIN FOR TRUST

WHICH FORM TO BE SELECTED WHILE TAKING UDIN FOR TRUST REGISTERED UNDER 12AB.
WHILE TAKING UDIN FOR THE TRUST , WHEN WE SELECT FORM 10B SECTION 12A(1)(b),THEN THE RELEVANT ASSESMENT YEAR IS NOT AVAILABLE.PLEASE HELP US TO CLEAR THIS DOUBT.


NIRMAL DAVE
04 October 2023 at 17:53

GUJARAT VAT FORM 212 & 213

Dear Experts,

From which date return in form MST-212 & MST-213 made applicable for Gujarat Vat?

Is there any penalty for non filing of the same forms within its due dates?

Please share any notification about Form MST-212 & MST-213 if available.

Thanks & Regards
Nirmal Dave


aarya
04 October 2023 at 17:33

ITC REFUND ....

WHILE APPLICIATION OF GST REFUND , WE NEED TO MENTION FOB AT TURNOVER OF ZERO RATED AND CIF VALUE AT ADJUSTED TURNOVER . WE HAVING RODTEP SALE (EXEMPETD SALES). MY QUESTION IS SHOULD I ADDED EXEMPTED SALES AT ADJUSTED TURNOVER







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