i was give my land to builder for developed in joint venture in ratio of 50 %, he give some cash and 10 flat , so i want to ask what is role of capital gain in this case and how it calculate.

Thank you,

if for for ay 2017-18 assessee file return u/s 44 AD and shows profit below 8% and get books of accounts audited so for AY 2018-19 can he opt out of 44AD.

Dear All,
My company is having a commission base work I.- for providing the travel Services in B2B Platform and collect the commission.
One of our Agency is deducted our TDS in Section 194C instead of Section 194H. what is the impact in Forthcoming years.


Kindly Guide

Yogesh Nain
9899979745

One of my friend is starting up an agriculture business as a partnership.
The have taken a land for lease to cultivate their crops.
The land owner claims profit share from the business instead of fixed lease/rental payments.
can any one let me know how to account this expense? under what nature of expenses?

Is there any restriction under any law for this kind of agreement between land owner (consideration for use of land as profit share from agriculture business)?

Thanks in Advance

Dear All,
I am working in a company where there is a main work of Software Manufacture and Export of services to Outside India.
(Intangible Object).
We are providing the same services as a export without payment of GST.
one section which interpret :- that the export invoice has to mention either “Supply meant for Export on Payment of IGST” or “Supply meant for Export under bond without payment of IGST” meaning thereby that export cannot be done without following any of the two ways of raising an export invoice.
in that if we providing the services as a export without Payment of GST we have to Raise a LUT or Bond.
or we are Payment of IGST we have to pay the tax but at which rate?.
Is there any type of other Benefit which is provided by GST like refund in export.
Please Let know

Yogesh Nain
9899979745

Does reduction of share capital amount to alteration of capital clause in the MOA?

Details :
The capital clause in the MOA consists of particulars such as the authorized share capital of a company, the face value of share, the class of shares, number of shares and the subscribers to such shares.

Reduction of share capital amounts to alteration of paid up/called up share capital of a company. Such particulars do not form part of the capital clause of the MOA.

So how does this type of reduction alter the MOA?

And if not, then Sec 61 of Companies Act, 2013 states that cancellation of unsubscribed capital of a company amounts to alteration of MOA. Again, such particulars of subscribed/paid up/called up/issued capital do not form part of the capital clause of MoA, so how does it really amount to altering the MOA?

Correct me if I’m wrong in my approach here.

Dear Guru's

Kindly advise me for Kay man insurance claim amount. Our company paid Key man insurance policy and now claim received. premium paid by company name and claim also received company name. We claimed premium amount as expencess. Now claim amount is taxble or not? how to show claim amount.

Regards
M.RamKumar

I am a government contractor. i am receiving 50.00 lakhs during one year towards government contract works. I am giving works on sub contract to one sub contractor for Rs. 30.00 lakhs. He is purely doing labour works for me. No material is involved in his work. Is he liable to pay tax under GST? Can the experts clarify please?

now I am a composite tax payer, want to be composite upto march,2018. I want to change to regular taxpayer from april, 2018. pl guide me the procedure.

I have a query:
Wife received bonds as gift from spouse-
1. Gift received is not shown in ITR - What shall be the consequences.
2. Is registration of Gift deed for movable property mandatory ?
Regards
Shikha