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

A gst register composition scheme dealer bank charges value rs:1550/- tax 18% collect show as per gstr4a
Question:
Composite dealer bank charges show in books and composite returns compulsory

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

How to reply produce in asmt-10 dealer excess claim itc.

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 ?

Sir, one of our client is a company it has not started its business since inception. in there only land and building and no depreciation is charged since inception its book value is Rs 3.75 Cr. Now we are selling that land for Rs 12.50 Cr. I want to Ask
1. Do we have to exercise to option of Sec 115 BAA this year itself i.e while filing ITR of A/y 2020-21 as in next year this window will be closed. or can be apply next year also.
2. Will MAT be applicable on this capital gain if we remain in old regime.
3. Will Capital gain be taxed at normal 20% slab whether we are in old provision or Sec 115 BAA.
4. Whether indexation be allowed to us as no depreciation is claimed.
5. If we go for new scheme we are having brought forward loss of Rs 26.50 Lacs can we setoff it under new Sec 115BAA As the Sec Blocks Sec 72A losses and not Sec 72

Respected Sir,
As per books of accounts OCT 20 ITC is as of Rs 62,620

but

as per 2-A OCT 20 ITC is as of Rs 15,402

Some of the customers may be filing quarterly R-1

In such situation should I consider 2-A
or
should I consider ITC as per books of accounts

Heavy Difference has been found between both the ITC

Please guide me and oblige.