Sir, I have a small business of hiring vehicle. I have 3 tata ace. I want to take a loan from bank, but bank demands last 3 years IT file. I have no IT file till now. So, I have some query -

1). Can I file the return as per section 44AE.
2). For filling A.Y 2015-16 , 2016-17 , 2017-18 - will any penalty impose on me for late filling as I will file NIL Return.

Please guide me for this purpose anyone.

Hi All,

One tax payer, is having a disabled child having 65% hearing impairment, so can we claim Rs.75000 exemption flat u/s 80DD in the parents return??
The parents point of view is, the section says that maintenance of disabled child- hence flat exemption can be claimed
But my understanding is - Insurance or LIC paid for the maintenance of child, hence only if we spend the any expenditure on medical treatment or paid LIC or Insurance for the child we can claim the deduction.

Can experts please clear on this??

If A is a statutory auditor of a company named X, can he act as an internal auditor of company Y which is an associate company of X.

Please quote the corresponding section of the act to your opinion

Respected Experts,
I got a job offer from Genpact P2P (Procedure to Pay) process for a UK based pharmaceutical company , i am M.Com qualified person plus done CS executive & pursuing CS Professional & want to know this process will be beneficial for my career if :

1: I want further growth in the field of Accounting.
2: Want to take benefit of its experience for CS.
I request you kindly let me know about it & nature of work that i have to do in P2P process.

Thanking You
Yours Sincerely
Ashwani Singh

Dears
as a un registred partner ship firm address is changed then what they have to do again they have to prepare
new partner ship deed or what BUT ADDRESS MEANS GROUND FLOOR TO FIRST FLOOR IN THE SAME PREMISUS please give me the breif about this.
thanks in advance,
suri

Dear Experts,
I'm working in electronic company. The issue is, our company sales it's product in warranty period in case any defects in warranty period. The company will replace the defective parts. However as per section 2(31) of CGST act. 2017 replacement of parts freely under warranty period is not within ambit of consideration Hence No GST on replacement of goods under warranty period.

Pls clarify :- am I right....

Thank & Regards
Rohit Chandra

Cash bill when add to gst return

Hi,

I am Linto Mathew Joshua, 39 years of age. I am working as Senior Accountant for a pharmaceutical company in Oman.I am a commerce graduate and i did my MBA (Finance ) correspondence. I would like to do a course which can help me to grow in my career . Please do recommend me a course which i can do along with my work and which has recognition. Is CMA will be a good choice or if something else, please do advise.

Hi

Have to make admission of 2 new directors in a pvt Ltd company with 60% shares transfer to new directors and make them permanent directors too.

What forms required to be filed by the pvt Ltd Co? What all docs required

Is construction service provided by builder as flat booking(where consideration received before completion certificate) to the prospecting buyer shall be classified as "works contract service" ? Because in such case also transfer of property in goods is involved during the construction.