Can you please discuss and explain whether Charitable Institutions registered u/s 12A of the Act and is subjected to Audit u/s 12A(b) of the Act and has been filing its report in Form No 10B is liable for reporting SFT (Specified Financial transactions) under Rule 114E r/w Sec.285BA. In the table under Rule 114E(2) item No 11 column 3 specifically provides that it is applicable only for persons liable for audit u/s 44B of the Act. Further, even while extending the dates for filing the Returns of Income, CBDT notifies that “Assessees liable for Audit” which includes 12A(b) and 44AB and other provisions of the Income-tax Act. Also, as per the amended provisions there are other provisions that Charitable Institutions cannot accept cash more than a specified limit. As such whether 114E is attracted for Charitable Institutions in view of the specific classes of persons.

hello.
I have completed my gradualtion in 2017.now i wanted to pursue ca.SO,it is under direct entry.so i am now eligible for may 2018.
will the syllabus change for may 2018?and if it changes what will be the new syllabus?
furthur i wanted to know i have done now provincial registration.i am waiting for marksheet l.then where i have to submit marksheet to get the permanemt registration number?
for eligiblity for ipcc which documents to be submitted and where?
please do reply.it will be a great help.

A company paid CST on the basis of commercial invoice in the current regime. The goods are kept in the premises at the request of the buyer and hence Excise Duty is not yet paid. If the same goods are actually removed in the GST regime what will be the liability and under what provisions?

It is stated that existing Ser. Tax exemptions will continue in GST. But from the list of Council approved exemptions, construction services to Govt. for non commercial purposes is missing. Please recall Sec.102 of Finance Act,1994 and Notn.9 of 2016. is it a miss or purposeful?

Dear sir,
company received cash behalf of another entity or person exceed Rs 2000000. hold only commission some percentage this cash received fixed by this entity balance transfer to this entity. can file form 61A if yes than what money disclosed this form.

I am gold and silver jewellers can I purchase old golf from the costumer of rupees 2 Lac in cash.
Can I purchase gold jewelry from dealer in cash upto 2lac
Pl advise and consern sec

we have been paid rent to an individual of Rs.14850 p.m for 8 months in 2016-17, as per agreement rent increased by Rs.5150 p.m for last four months hence TDS should be deducted on whole the amount of year. but we paid the increased rent for 4months in the month of May 17 after closure of2016-17 books of account. At this time can we deduct TDS on whole 2016-17 rent or on which we have paid later increased amount. kindly confirm Regards P.Srinivas 9030928277

A firm has 9 partners. One of the partner has started a similar business in the same town which is against d clause in the partnership deed. Now my query is invoking d clause in the deed can other partners remove that partner and if that is not willing to resign what is other way out?

Sir.Iam seeing branch Accounts firm in that dealer and subdealer maintained at H.O and branch.Suppose Debtors Amount received by HO for branch for sake if subdealer.What is the accounting entry in Ho and branch.plz clarify

which document required to attach with CHG-8?