Dear sir,
In fy 2018-19 turnover was 1.70 crore and had audit. Now in fy 2019-20 turnover is only 30 lacs, whether can opt section 44AD or had go for audit?

Dear sir,
what is the gst audit limit for fy 2018-19 ?

Dear sir,

Since Two Years i Have filled My IT Return Without Audit because of less Turnover
But This fy 2019-20 Turnover is 1.5cr so is it compulsory to Audit ?????
Once If i Filed Audit then every year to Audit or not ???




Please Suggest
Thank in Advance

Respected Sirs,

What will be the worse to worst consequences if we take the ITC into 3-B as per the books of accounts without comparing with 2-A or 2-B ?

Whether penalty shall be levied ?
or
Whether interest shall be recovered from us.

Please guide me and oblige.

Dear experts,
Is reverse charge applicable as per latest rules in following situation: Land lord is unregistered. Tenant is registered Property on rent is premises being used as commercial property Rent is Rs 30000/- per month.
thanks in advance

Respected Sir,

Till today I follow the practice taking ITC as per books only and I never compared with 2-A and at this moment too I think I should go ahead as per the past practice and rest of the matter shall be considered after Dec 2020.

Whether some notification may come on this issue.

I have heard that so many people are taking as per the books only. Any way we will see in Dec 20.

Sir/Madam
Please clarify the following doubts:
Private Limited Company Incorporated in Lucknow Uttar Pradesh
Has Board Meeting at Lucknow.
Director residing in Delhi attends meeting virtually
Directors Sitting fees is paid to director
Does Company have to pay CGST &SGST under reverse charge
or does Company pay IGST under reverse charge

Can ITC of tax paid under reverse charge on directors sitting fees be taken after discharge of tax liability.

Thanks in Advance.

SIR
As we are GTA ,we have to issue consignment note. Guide me how to issue the manual consignment if our office is one place and the loading point is in another place. Can we do it through whats app / e-mail after the filling the same to driver for reference?

thanks in adv

Dear Sir,

One of my client has earned lottery income in dollars of Rs. 1 lac from Singapore in FY. 2019-20 and has converted that amount into Indian rupees and deposited into bank.

Can I show this amount as Other Income under the head Income from Other Sources instead of showing as Winning from Lottery ticket as his Total Income is more than 40 lacs and he will be paying 30% tax on his entire income.

Please help me in this regard.

Regards,
Divyesh Jain

Sir, I wish to international business (only services), than any exemption under this business of GST registration ?