I work in company and my income is 12 lakh rupee. I have received total 57000 Rs. INR from my all friends In FY -2017-18 and I have transferred 1 lkah INR Rs. to my all friends in FY2017. Do i have to pay tax on (12 lakh) or (12,57,000) or (12 lakh + 570000-100000= 11,57,000)

I have taken total 9 lakh from brother through online banking in fy 2017-2018( 2 lakh on 4-april-2017, 2 lakh on 10 may 2017, and 5 lakh on 18-dec-207). All the transaction are through online banking. Then I have returned back 9 lack to my brother through online banking on 1-jan-2018. As per my knowledge all above transaction are non-taxable events( Gift). I and my brother have not made any GIFT deed for the above transactions. Is it compulsory to make GIFT deed for online banking transaction in blood relations to show as gift. If GIFT deed is compulsory, then Can we make one gift deed of all the above transactions now and if yes then how we can make gift deed for backdate online transactions

SIR I MADE INVOICE BEFORE 3 MONTH VEHICLE RENT 50000 RUPEES AND TOLL TAX 3200 BY MISTEKLY I ADD GST ON 53200 GRAND TOTAL, WHAT CAN I DO IF I HAVE FILED GSTR-3B AND GSTR 1

My wife was a joint holder in a flat that we sold recently but I received the full payment in my name. Now LTCG tax is due for payment in the first week of June. I want to know if the tax is to be paid jointly or is it only my liability. What formalities are to be followed in this case? I am 69 and my wife is 68. My income was from rent received from the same flat amounting to Rs.1.5 lacs for the year but my wife is still earning and pays income tax. I am also a cancer patient under regular check up and treatment.I have no taxable income from any source now.

Dear Sir

Mera business mandap service ka he or Agar me 20000 se jayada advance cash me leta hu or baad me us advance ko bill ke saamne set off kar deta hu to koi penalty lagegi income tax me ?

I am cloth merchant. FY 17-18 is my first year of audit. Should i deduct tds on job work bills dated in 17-18 which are being paid in 18-19. please clarify from when to begin tds deduction on payments

My attempt is may-19 i want to ask that can i take tax classes and also which tax direct and indirect.. Because lots of ammendents but if i cant take than i have no time left to self study plz suggest me and which facult se best

Dear experts,

Wish to transfer old PF balance to my current organisation.. I have 2 querries as below::
1) UAN no was not issued in 2012. How can I transfer without previous UAN?
2) Is it possible to transfer old PF balance to current organisation with new UAN no

Is a unit registered u/s 8 of the Companies Act 1956 entitled for exemption from GST ? If so what is the nature of exemption?

Ram sold a Saree to Sita for Rs. 5,00,000. cash discount is 10%, trade discount is 10% and gst is 18%. What will be the accounting entry in this case with amount?