What is the penalty or tax imposed by income tax authority on individual, if accounts records, bills and vouchers etc. lost or destroyed after Audit but before return filing ? What is difference if accounts and records lost before audit under section 44 AB? PLEASE help.

Dear All, please suggest the reference book for IDT for May 2018 attempt under old syllabus.TIA.

sir,

Purchased at 31-07-2017 invoice raised on this date, but we have received material after 4 days ie 04-08-2017, in which month considered purchases and GSTR 2A They have uploaded in July month we have to accept or not please clarify this doubt what we do

Thanking you

Can we claim deduction for stamp duty registration expenses on under construction property in year of payment?
Or the benefit is available only for ready possession properties available for sale?

Our Company have been audited by a Chartered Accountant who was a Proprietor ( X & Associates ) in FY: 2015-16, He Converted his Proprietorship to a Partnership (X Y ASSOCIATES) During the FY 2016-17, Is there any Resolution to be passed in AGM for 2016-17
Could you guys Please Help me ? T_T
Thanks a Bunch !! :)

on old car business gst is applicable on margin 28%. but my concern is 1. in GST return the bill value is margin amount ? 2. may i opt composition scheme? 3. If I opt composition scheme then for limit of 1 crore what is considerable value ( margin on trade or sale price of car) Pls help

we are a private limited company. We are taking various services from
tax consultant, rental car etc.

As per company law is it essential to make an agreement between service
receiver & provider.

Please guide us

Thanking You,

Rajkumar Gutti

we are purchased various taxable goods & services & same we donated
to temple ,needy person. & debited to donation A/c.

Can we take input credit on purchases of taxable goods & services.

Please guide us

Thanking You,

Rajkumar Gutti

Hello,
Client liable to tax audit u/s 44ab in FY 14-15 , then not liable to tax audit in FY 15-16, now in FY 16-17 again liable to tax audit - does client need to deduct tds in FY 16-17?

Dear sir,

We have a partnership Firm (Food industyr), we purchased a Tata ace vehicle for the business purpose and using for that purpose only. Supplier had issued an invoice with GST amount. Can I claim GST on vehicle??

I didn't take GST as ITC..

Now How can I show it in my GSTR2 return..
In GSTR 2A draft copy supplier has uploaded with GST.

what will We do? please clarify?