Amount can collect as cash

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177824 Points)
Replied 25 May 2018

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bijo (Accountant) (302 Points)
Replied 04 June 2018

Dear Sir,

What is the cancellation procedure of GST? How it can be?

Sarath Rajendran (Nil) (2791 Points)
Replied 06 June 2018

You please generate gstr1 and wait some time , then you will get the option to subit the gstr1

bijo (Accountant) (302 Points)
Replied 29 June 2018

Dear Sir,

GST is applicable for room rent is greater than Rs.1000/-. My question is,if room rent is lower than Rs.1000/-,but turn over is above GST limit,how the GST is applicable for them?

bijo (Accountant) (302 Points)
Replied 29 June 2018

Dear Sir,

GST is applicable for room rent is greater than Rs.1000/-. My question is,if room rent is lower than Rs.1000/-,but turn over is above GST limit,how the GST is applicable for them?

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bijo (Accountant) (302 Points)
Replied 24 July 2018

Dear Sir,

Where we have to show the Professional tax paid to Panjayath on income tax return filing for salaried person?

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177824 Points)
Replied 24 July 2018

Under Salary head...... 1(v).... deduction u/s. 16 ...

bijo (Accountant) (302 Points)
Replied 25 July 2018

Sir,

5.4.2 Tax on Employment [Section 16(iii)]:

The tax on employment (Professional Tax) within the meaning of article 276(2) of the Constitution of India, leviable by or under any law, shall also be allowed as a deduction in computing the income under the head "Salaries".

It may be clarified that “Standard Deduction” from gross salary income, which was being allowed up to financial year 2004-05 is not allowable from financial year 2005-06 onwards.