Dear Sirs,
If a person registered under gst and let out residential property is it a must to rise Gst invoice
to tenants if the Tenant is registered under gst. If not registered under Gst act who have to pay
GST. Kindly clarify me Sir. Thanks in Advance.
Regards,
K.B .Nagesha rao
Sir/madam,
One of my friend have the income from salary & his relative remitted , Rs.80000/- amount in his bank account from abroad , this is showing in AIS report as remitted 13125/- under LRS (u/s 206C(1G(a))), it taxable or not? which ITR he can choose for filing.
Thank you.
Sir,
Latest notification taxable goods covered rice and food grains for rice goods selling business dealer in gst act
1. If Karta or any coparcener transfers money or mutual funds or shares etc from his account to HUF, will income derived from such funds be clubbed with income of transferor?
2. Will this be an exempt gift in hands of HUF?
3. Can HUF transfer money to any of coparceners/ Karta from its bank account? Will it be exempt Gift?
4. Can HUF run a brokerage business? Will commission or brokerage received be HUF income or Karta's income?
Whether Gain/loss from commodity trades charge under PGBP or Capital Gains ?
If charge under PGBP then it will be consider as speculative or non - speculative ?
TDS entry US 194C has been shown in Form 26AS but TDs not deducted(less than 10 vehicle)
Should we need to put entry of TDS in ITR filing (tds not deducted)???
Or shown above entry under exempt income????
Or left the TDS entry????
We are a Pvt.Ltd. company and receives services from registered GTA. We paid GST @5% under RCM. are we eligible for input credit of this RCM….?
Are expenses by cash payment for material civil work (flooring, tiles, marble work, water proofing, etc.) allowed as cost for improvement. As this pertains to years prior to 2005, it was at that time hard to get civil work done during those years by solely cheque payments,
I want to know why a companies act 2013 does not permit companies to issue irredeemable preference shares I want to know the logic behind it.
The government has increased the GST rate to 18% from 12% wide notification number 15/21 Dt.18.11.2021 for government contractors.
our sales value is included a GST rate of 12%. as per the contract.
i.e. Sales value of Rs.100/-, 12% GST is included in the sales value means our sales value is 100-12 = Rs. 88
Now the GST rate is increased from 12% to 18% and our sales value is 100-18=Rs. 82
As a result, our sales value is decreased from Rs. 88 to Rs.82 and GST 18% on the difference of sales value of Rs.6.
we lost Rs.6 + GST 18% on the total contract value.
Please guide me how to get rate difference from the client.
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GST on Renting of Residential Property