C.H.MENON
23 May 2017 at 15:38

Air and ocean freight

What is the percentage of GST on Air freight and Sea freight (for exports)


Nandita A
23 May 2017 at 15:32

Share application money receivable

i would like to know if there is any time limit on receipt of share application money from subscribers, as in, any max. time period within which subscribers must pay share app.money once Co. is incorporated?? kindly advise.



Anonymous

Suppose In previous year i have trading loss and in current year due to loss in p.y. trading activity is closed and all the godown is given to rent and in current year i have profit from that rent income so loss from trading can set off against rental income ?



Anonymous
23 May 2017 at 15:12

Fema queey:

A & B are NRI . A & B are proposing to incorporate a company In India with the main object to buy commercial properties & to earn Rental Income in the company.

A & B would give loan from abroad to Indian company and get Interest etc. A & B will also hold 80% of equity shares.

Query

i) Whether Investment by NRI A & B in a company whose main object is to buy properties and earn Rental income is allowable in FEMA.

ii) Is it in Automatic Route or require any prior Approval from RBI.

iii) Any other applicable provision of FEMA for above transactions.

Please reply.
Thanks in Advance



Anonymous

hello experts,
i register a firm with my brother on 18/4/2015 and till date, i have not done any operations in the firm, my CA sir told me to file income tax return. i want to know whether i have to file income tax return of a firm

2. if i have not done any operations this year too, whether my firm registration no ceased?


Gurwinder Singh

Currently we are paying service tax @15% & tds @2% on our security service provider

my q. is what will be the impact of gst on security provider
at what rate we will pay tax after gst???

thanks in advance



Anonymous
23 May 2017 at 14:26

Form 61a query urgent

Please resolve following issues:-
1. If debtor has paid more than Rs.200000 in cash against various sales transactions then it is to be reported?
2.If debtor has paid more than Rs.200000 in cash against various sales transactions of t5 years back then it is to be reported?


Sanjay
23 May 2017 at 13:53

Ppf investment

Sir,

I have invested PPF Rs. 1500/- each month from Oct 16 to Mar-17
i.e Rs. 9000/- and Rs . 150/- earned Interest total closing balance is Rs. 9150/-

Please tell me how to treat this in income tax return all inclusive interest show in under section 80C or exclusive interest


Thanks & Regards.


ROHIT YADAV
23 May 2017 at 13:50

Bank realization certificate

what is BRC?? Importance of BRC. How to obtain BRC from Bank??



Anonymous
23 May 2017 at 12:26

Tax applicability

Sir,
In gst will there be any tax on labour charges for a small industry having annual income of about 20 to 25 lakh including both sale and labour charges? (Now the vat rate is 5% for sale bills and no tax on labour bill)
If yes then what will be the tax rate?
Thanks and Regards






CCI Pro



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