Dear Sir,

We are registered resaler of finished goods in VAT regime, my doubt is that how to avail input tax credit on closing stock on 30 June'2017 stock in hand available as VAT-able goods. What is the process of vat-able goods to migrate in GST stock.

On 1st July can we sale vat-able goods in GST regime by charging GST @28% (Hair-Cream,Shampoo,Dyes, Batteries, Cartridge,toner etc) while VAT charged @14.5% (12.5+2%) around 13.5% excess tax will charged on MRP.

Sir MRP was marked on vat criteria, can we sale goods on over MRP price.

Please Help me out I am very confused.

One of my friend applied for PAN Application in Form 49A, on 23/5/2017 vide acknowledgement No. 050169701022980 at NSDL PAN Facilitation Centre, situated at Jaipur. But after checking the status of PAN Application, it shows status like this

"INCOME TAX DEPARTMENT (ITD) DATABASE SHOWS THAT YOU MAY HAVE BEEN ISSUED PAN IN YOUR NAME. ITD YET TO
INFORM STATUS OF YOUR APPLICATION."

He has never issued any PAN Number from Income Tax Department. Kindly, tell me, what he should to do for issuing PAN earliest. Please guide me.

Hello All
I want to know that:
The property is in name of my father, can I take rent on behalf of him? If yes then
Can I show the rental income in my income and pay tax? If yes then what documents I should prepare for the purpose of income tax. The rent agreement can be made in my name instead of my father as he is not able to do due to old age.
Father is not agreeing to divide property as on date.
Pl advise soon.
Regards

Transition rule is now notified. We have two units with two different business place. A unit is main business place and B is another business place. we have get provisional ID from A business place and in B business place there is capital goods credit available more than 5 lacs. How we can transfer credit from capital goods credit under central excise act to GST act? It will transfer as per last excise return? It will transfer electronically? Required to submit any physical documentary. evidence? Any premises verification by central excise officer required?

Hi experts, can any one tell what are the procedure to be followed while winding up of a private limited company.The said company is not operating in any activities from the beginning.. please help me with this.. Thank you

While filing itr for A.y 16-17 FD interest rs 7000 not shown. can we disclose it in A.y 17-18. Thanks in advance.

How much % of IT to be deducted while making payment to out source Agency

Dear sir,

We have purchse some service from 2diffrent vendor..one has given comission nd charge tds..second has given discount but did nt charge tds...so can you pls explain what is difference between both invoice for accounting??

I am a final year student and under going articleship. During this period I also wanted to have some client base for which I need to issue my visiting card. My question is as I am a student, can I issue my visiting card as '' TAX ADVISOR '' or is there any prohibition? If this is a case then what other alternatives are available to me to have some client base?

Individual is having Salary Income of Rs.400000.Tax Deducted is Rs.10300/-. and Other Sources income from Card Games of Rs.20000/- against that TDS Deducted is Rs.6000/-. 1.Tax payable including other sources is 12360/- but already tax deducted is 16300/-.Refund is 3940/- 2..Tax payable excluding other sources 10300/- but already tax deducted is 10300/-.Refund is nil.Other Sources income also same I.e 6000/- so no refund. Please clarify which one is correct method or suggest alternative.