Sir,
One of my clients has taken joint house loan along with his wife and the total interest has been paid by him and the house is registered in the name of his wife. Is he eligible for deduction u/s 24b? If yes how much can he claim??
Mr. X has purchase a Residential property at dubai in the F.Y.2008-09 and now he wants to sell this property in the f.y.2017-18 so in that Case how to calculate the capital gain on the sale of overseas property please give your valuable suggestion for the same .
What rate will apply in case of t-shirts sold of different sizes wherein the cost of one size is less than 1000 and cost of another size is more than 1000 and both are sold under the same bill
If an account haß become NPA because of non submission of stock statement, then how can we uprade that account....
Suppose an account has been classified as NPA as on 31st, Mar2017 because of non submission for 6 months.....
However if the borrower start submitting stock statements from may, then then account can be treated as Standard or not???
What is the criteria for upgrading that account??
Please provide suitable reference supporting your answer....
Sir kindly resolve this issue:- Sir i am a trader of goods and register under gst. My query is that whether i am eligible for ITC of GST paid on purchase of Cartage and papers used in office and i had purchased these item from register dealer of respective goods under GST.
I am carrying of retail cloth business and unregistered dealer under earlier law (i.e. VAT & excise) bcz cloth was exmpted goods in the previous law. Now under GST cloth is taxable goods. Our Annual turnover 40.00 lakhs (Approx). All the stock as on the appointed day is purchased from Unregistered dealer. Stock held as on 30/06/2017 included purchases from outside state & unregistered dealer. My Q. is- 1) Can I opt. composition scheme under GST? 2) Whether any details of closing stock as on 30/06/2017 is to be given to department regarding the stock as earlier there is no VAT levy? 3 ) If yes, then in which format. 4) if i want to go for composition scheme, then first to pay tax on the basis of reverse charge on our stock, or is there any specific expemtions to new registration made on the appointed day.
Please let me know the code of Rent , Security, Advertisement& Prof charges along with rate (if RCM also).and also inform from which official site we can get the full details list.
Amit Nandy
Whether GST is applicable under Reverse Charge on the fee payable to CAs and CS including advocates or only any specific class? Please suggest with reference to relevant section and rules....
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Deduction u/s 24b