IN 17-18 WE HAVE INPUT ON CAPITAL GOODS RS 100000. WE AVAIL THE SAME. AND AS PER VAT RULE WE REVERSE 80000 (U/S 42 OF CGST) TO CLAIM IN NEXT 4 YEAR, LATER WE KNOW THAT WHOLE INPUT AVAILABLE IN SAME YAER THATS WHY WE RECLAIM 80000 IN 18-19. NOW WHICH TABLE TO SHOW THESE DATA. WHEN WE SHOW REVERSAL AND THEN RECLAIM IN NEXT YEAR ITS SHOW MISMATCH IN (-) THE 80000 AMT
WE FILL 6B CAPITAL GOODS INPUT 80000. then reversal in table 7c -80000. after taht reclaim in table 8c -80000.
is that correct

if Entire amount is given as refundable security deposit under lease agreement
and no lease rental is involved in the internvening years

How Income of the lessor will be determined for income tax perspective.

please clarify me

Development agreement done in service tax regime. 2013-14
Till 31/03/2019 , no sale or booking of flat where happen, accordingly new scheme is applicable.
Flat to landowner is not yet allotted.

Query
What is rate of GST applicable for the allotment of flat to landowner after 01/04/2019 .
1% or 18%

Assessee has purchased machinery after 1.10.2018 and did not claimed additional depreciation of 10 % in the year 2017-18. Now in current year 2018-19 ,he want to claim Balance (10 %) additional depreciation on the same machinery. is it allowable ?

My father is transferring a small portion of his business to me for starting my business in same field.assets and liabilities being transferred value rs.50 lacs. I feel it would be good if the payment consideration id in form of Gift. Pls guide is this would be right? Secondly if not gift then would it be advisable to show as unsecured loan that i shall kep paying with interest? Third, will there be any tax-ability in this case to transferor and transferre? pl guide Regards

if customer deducts TDS and paid net amount to vendor. then usually vendor at the time of closing of its books of account, book TDS receivable entry and gives credit to customer.

here the query comes: what Prudence Says ? at the time of closing of vendor books. TDS is not reflected in vendor's 26AS. there be a delay by customer in filling of its TDS return.

is it logical to book TDS receivable entry at the time of closing of books?

hi sir/madam
this is siva reddy, working as accounts executive . i would like to know how to calculate TDS on office rent and when i file tds
my office rent is 57000 . given by hand .
please suggest me

Dear Expert

Kindly advise we are manufacturer and job worker for other customer and sending our INPUTS for Job work to outside the premises for job work as well as Job work received from customer for other job work.

In this case whether we required to file both the material in ITC-04 return.

Kindly explain in details

There is one Courier bill for which custumer is GST number is local, but IGST charged on the bill, and courier will be delivered outside india.
My doubt is under which table i have to upload this bill?? (whether B2B, or Export or B2C).

I booked a under construction flat in June 2018 and applied for the PMAY subsidy in December 2018 through axis Bank, axis Bank has scrutinised my application and moved it to NHB for dispursal of subsidy but pending with Nhb yet.
I had been approached by the builder to get a letter from the bank to confirm that they pmay scheme is approved for my loan before 15th of this month failing to do so will loose my eligibility for reduced Gst rate (from 12% to 8%) as financial year'19 Is over.. Is it true that I can't get GST Waiver because of financial year change..