Virendra
12 April 2017 at 13:24

Cheque Dishonour

Dear All, Can we use the same cheque for depositing in bank if once it was dishonoured due to insufficient funds in respective bank account. Or have to take new one for after clearing the problem and depositing the same. Please suggest me in this regard. Thanking you.



Anonymous
12 April 2017 at 12:36

Capital gain on gift

Sir/ Madam,
One of my relative received a property as a gift from her parents. She sold it in the same financial year in which she received the property. Is she liable to pay the capital gain tax? Please suggest me a solution..

Regards,
Thooya


virender

I have some closing stock of interstates purchase. If I sold all the stock before 1st July then I will be eligible to get composition scheme? 



Anonymous

Dear Sir/Mam,

Please tell me the per day cash payment limit for staff imprest.

Thanks & Regards

Sayantan Choudhury



Anonymous
12 April 2017 at 08:56

Icwai inter grop 1

Sir have got only two months for preparation for my icwai inter group 1 exams tell me easy methods to complete my studies in two months nd clear my inter group 1 June 2017


rajeev

Sir,
I have received tuition fees 2,90,000 in cash from 30 students , can I received in f.y. 2016-17 and which itr file ?

Thanks



Anonymous
12 April 2017 at 07:13

Sec-269 st

respected sir ,
as per the new amendment what is the actual meaning of "in respect of transactions relating to one event or occasion from a person". please discuss with example relates to transactions between whole saler and retailer
thanking you



Anonymous
12 April 2017 at 01:01

Gratuity reimbursement

Dear Expert,

I have a query regarding the Gratuity Act and wanted to know if one of my colleague is eligible for the same.
He has already completed 6 years in our company and we have almost 40-50 people on our payroll. Our employer says we have not deducted any Gratuity amount from your salary, therefore employees are not eligible for Gratuity once they leave. Is there a form which we need to sign to be eligible or there has to be deductions for one to become eligible.?
Is there any way I can fight with employer to provide him Gratuity, Our salary has base components like Basic, HRA, Conveynce,medical & other and deductions are only against TAX, there is no PF or ESI from employer as well.

Please help on this query urgently....

Regards,



Anonymous
12 April 2017 at 00:59

St 3 and gross receipt below 10 lakhs

A got registered with service tax in 2013-14 as his gross receits touched Rs 9 lakhs. He paid service tax and filed his ST3 returns. In 2015-16 his gross was below 10 lakhs and he did not charge service tax, did not issue any service tax invoice, He had some export income, but below 10 lakhs and filed a nil return (ST3),showing only export income.
In 2016-17 he had some export income, and also some domestic income, but again below 10 lakhs. He did not issue any service tax invoice, nor deposited any service tax . Now is he required to show his domestic income in ST 3 and if so, where will he show, and under what clause he can show exemption from service tax. Kindly advise.


Gaurav
11 April 2017 at 23:43

Service Tax on generator

In a mall there is shop owners welfare association. They charge bill for generator on the basis of actual unit consumed by shop during back up provided by generator. The per unit cost of electricity supplied by generator is calculated on the basis of actual diesel used in generator and there is no profit element on same. The bill raised for generator is shown on credit side and diesel cost on debit side in p&l account. will bill raised for generator attract service tax or not.





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