Respected Seniors

Pls advice to understand whether Directors Report is essentially to be signed by all the Directors' or is sufficient if signed by the MD.

Thanks & Regards

Dear Sir,
We supplied one consignment to our overseas customer in loose conditin involving huge qty of Nut Bolt & Steel Strips , Now customer has inform that some qty of Nut Bolt & Strips found short and asking us to free supply.
Please confirm the procedure to send material free of cost to our customer value hardly Rs. 10000 only to satify our customer for future business with them.

Please reply

Regards
SK Mishra

Dear In gstr 3b of December month I had wrongly entered turnover of my preceding FY 2016-17 and Q1 of april to june 2017. Now In in GSTR 3B of JAN MONTH I WANT TO MODIFY THE TURNOVER .. Can it can be corrected.
PLZ ADVICE

Sir,
My mom is a school teacher. she also earns interest income from fixed deposit during the FY 2017-2018.She have to inform her ESTIMATED income of this FY in the month of FEBRUARY to her employer for the purpose of deducting tds from her march month's salary.but the problem is, banks are providing the interest details up to February and not providing estimated amount of interest for march.so only after the month of march i will get the correct interest amount and TDS paid on it.for filling form 10E with employer, the correct income should be disclosed no?but in this case, income will vary in march due to interest... so what i can do?
can i furnish form 10E in february with the present income( ie,without taking march month"s interest) to the employer and file 10E in income tax website with the same figures(as same as i gave to employer) and show additional interest earned as extra income while filing Return of income and pay extra tax at the time of filing return? please give reply as soon as possible.

Dear Experts,
I have sale of piece of agriculture land against that transaction I got the amount Rs 70,00,000/- & this amount deposit in my saving bank account,
Now I have received income tax notice .
Kindly suggest me.

I have received a notice for defective return. I am a partner in a partnership firm and my CA showed the renumeration as "income from business". I have another proprietership business too for which income was taken under section 44ad.

The notice says the "gross receipts" and balance section have not been filled for income from business.

I want to know how to show that? I mean, if show renumeration from partnership as salary, then it is fine. But it has to be shown as business income. So how do we enter the details like "gross receipts", and profit and loss details? Do I mention the renumeration as "gross receipts" and expenses as "zero"?

Please help.

Part E of my 26AS shows an amount of Rs 195000/- with type of transaction as 005-Acquiring shares >=100000/- and remark column is blank. Is there any thing to do with it in my ITR form. I am filing ITR 2 for A.Y. 2016-17. Kindly suggest as soon possible.

what about sez...??? means whose having select bymistak SEZ and want to go for REGULAR...is there option available....kindly let us know..how to convert SEZ to Regular...

Dear Sir / Madam.,

A Small Partnership Firm (2 person) doing "Manufacturing & Servicing".

They earnedin FY 2016-17 -  Rs. 37,57,800...

Expenses - Rs. 29,38,550

Depreciation - Rs. 33550... Total Book profit Rs. 785,700 (Without Remuneration 7 Interest)...



As per section 40b allowable remuneration Rs. 5,61,500... If they they will avail then fall under 44AB. but, They don't want 44AB.. 

Also they will be file U/s 44AA and will Pay Tax @ 8% and Above...

If they file @ 8% then the Net Profit Rs. 300650... If they will show the Value the the balance Rs. 261,000 will be book as Remuneration to Partners account...



Please solve my query...

Sir My co. Got a new govt. Contract & made a performance Bank guarantee of 488000₹+ (bank charges extra) against a FD amount 500000 ₹. I wanted to know how to make all entries in tally accounting & under which accounting head I create accounts.