EASYOFFICE
EASYOFFICE
EASYOFFICE


Ch. Sai Sudha Mohan
05 October 2020 at 12:34

GST One business and Commission Received

What would be the GST implications on the below case plz clarify
A Person is registered under GST as building Contractor. during this year his turnover under this business is NIl. How ever he received commission of Rs. 18 lacks from sale of plots of land etc., He has not registered under GST for commission business. Is this commission received covered under GST. does he need to pay GST on commission even though he is not registered this business under GST.


Pragati Sharma

Dear Experts,

I have taken plot loan for purchase of residential plot. I paid Rs. 1.95 Lacs for interest component and Rs. 0.85 Lacs for Principal repayment during FY 2019-20.
I will start the construction on the plot in FY 2020-21
Can i take deduction against the plot loan in FY 2019-20:
a. Principal repaid u/s 80C.
b. Interest on plot loan u/s 24(b) - taking limit of Rs. 2,00,000.


CA Shraddha Sarda
05 October 2020 at 12:31

RUN sent for resubmission

Hello,

I have filed RUN application. MCA has send names for resubmission. Reason mentioned was - "Proposed name is recommended for approval subject to liability under section 447/448 & 16 of the Companies Act 2013."

Can someone help with this ? What exactly is to be done ?

Thank you


Sachin Kumar
05 October 2020 at 12:23

PAN Surrender

What are benefit of surrender of PAN after death of individual PAN holder ?
If not surrendered, any obligations ?
One should not get in touch with department suo moto because they will do scrutiny if we surrender PAN and what department can do, no one knows !!!!


Chaitra

What if the person is died before filling PY return shall legal hire file return of two year? And when it should be filed?
Eg: extended due date of filing itr is 30th Nov 2020 if person died on 25th September 2020 he had not filed itr of FY 2019-20. Itr for FY 2019-20 and FY 2020-21 required to be filed by representative ? and when it shall be filed?


Srinivasa Joshi
05 October 2020 at 11:05

TCS 01.10.2020

Respected Sir
I am accountant in Bicks manufacturers With effect from TCS from 01.10.20 how to apply on the Invoice, for example 53000/- ADD GST @ 5% 2650/- Total 55650/- please advise me how to calculate TCS on invoice with example sir.
Thanking
Yours faithfully
S Joshi


Ravi Kishan
05 October 2020 at 09:32

Credit Card Payment

in 26AS in SFT my credit card payment showing 50 lakhs. transections are online purchase and selling. is it require to submit SFT form ?


arjun enterprises
04 October 2020 at 19:42

Income and expenditure instead of p&l

Sir, my client was doing gold business as well as gold smith works without gst can i prepare income and expenditure a/c to him


jay
04 October 2020 at 17:29

80 ccd(1B)

Principal for home loan -90000
PPF-10000
LIC-50000
Employee deduction for NPS-60000

How much deduction can be claimed under 80c and 80CCCd(1B),


Sonia Gupta
04 October 2020 at 17:28

Sale through ECO

Is it mandatory to pay tax and file GSRR1 & 3B if we sell products online through ECO who is required to deduct TCS ?? As one executive of Amazon customer support team has told that they have already paid GST on behalf of seller and seller need not pay any tax.

If anyone knows, pls help . I appreciate the information and advice you will share. I wanted to thank you as soon as possible.