In partner deed we mentioned 12%..but shall we give lesser interest than 12% or even 0% even though net profit is there?

I have paid tds through challan on 11 Oct instead of 7 Oct and have received demand of Rs 1750/.Pls guide me how to pay this amount and clear this demand from default summary..THANKS

One of my clients Invested in Equity shares of a foreign company @ 1$/Share and after four years disposed the same at 1$/share .the gain or loss that arised is only because of forex difference . my doubt is to whether to treat such forex difference as capital gain or not ...?

Sir, if Builder liable to pay GST on advance received after July 2017 from customer. and if Builder taken advance from customer in last two-three years and Agreement going to register in November 17 then on what amount GST calculated . please help. thanks..

Pls.explain rcm suspended with effect from 1st July 17 in respect of supplied from unregistered person or for all rcm?

Friends i have doubt on how to write the answer of the question which is sometime asked for 8 marks & sometime for 4 marks. Icai in practice manual giving the same detailed answer in both the cases. For eg. in case of scheme of compromise & arrangement has approved by members in meeting, but still some members are dissenting. Then in such case what action the director shall take to implement the scheme. Earlier this question was asked in exam for 8 marks but in may 17 for 4 marks only. But in pm answer for both are same. So weather i write in exam the details procedure of scheme or just write that after approval of scheme by members the company shall file a petition with Tribunal for sanctioned & if Tribunal passed the order for sanctioning of scheme then it will be binding on all members & creditors including dissenting members. Will i get full marks if i write only the related portion as mentioned above if question is for 4 marks. please guide. thanks in advance.

I have to see refund and demand status on income tax site. Will anyone please guide me how to see. Whether income tax department has changed the options of the status of refund and demand. Further one my client has not obtained the refund as yet, though I had submitted the return in June 2017.

Transporation 5% GST RCM Pay ITC Credit And Not Credit ???

Gst need not to be paid on advance received for supply of goods. Whether it is applicable to all organizations?

I have two cases. Both with relevant to section 44ADA ,- 50% deemed income

First case - A doctor earning professional income. For the last ten years I have been filing return under normal provisions by preparing balance sheet and profit and loss. Is there any problem if I suddenly take up presumptive taxation ?. If for AY 2017-18 I adopt presumptive income, next year I want to adopt normal provisions do I have to audit the books ?

Case 2-
The client is a chartered accountant. Already filed his return for Business and profession under normal provisions. Can I revise the return to file a presumptive tax return ? Will it create any problem?. Because it saves a lot of tax for him.

Thanks in advance