Dear Sir/Mam, I am running a ecommerce company and every month I am receiving tcs credit as well as I am filling return of tcs credit in gst and the same tcs is credited in my gst cash ledger, i have not applied for cash ledger refund till June 2020, now in July 2020 I have applied for cash ledger refund, my application for gst refund has been acknowledged and bank name also verified by PFMS, but still I have not received any gst refund, kindly guide me in this, how much time more needed by GST DEPARTMENT to process the same because NO CHANGE IN STATUS OF ARN SINCE 15 DAYS.
Dear all, kindly clarify me whether is there any time limit to claim refund of gst credit ledger, if yes then, I have not claimed the gst refund of fy 2017-18 how can I claim that. and under which option I have to file gst refund, I am running a small ecommerce company of selling clothes.
The deceased had appointed a nominee in her demat account with the depository participant during her lifetime. The deceased has left behind a WILL in which there IS AN Executor (third party) and 11 beneficiaries the nominee being one of them. As per the WILL the assets of the deceased shall be disposed off by the Executor subsequent to grant of probate and the sale proceeds of these assets be distributed amongst the legatees in the required proportion.
Now After the death of the shareholder , the nominee gets the shares transferred in his personal name and is currently receiving all dividends, bonuses etc. in his account. The nominee has also appointed a nominee in his new demat account .,i.e., his wife. The probate is still pending in the court. All the legatees have consented to the grant of probate in terms of the WILL and there is no objection filed by any third party also.
My querry is :
1. Can the nominee keep these transmitted shares in his account knowing clearly that the same needs to be distributed to the legatees as per WILL by the Executor.
2. Can any legatee successfully object in the probate court on the actions by the nominee holding these shares in his account knowing fully well that these shares belong to the other legatees too.
3. Since nominee is simply a custodian of the shares , can he appoint a member of his family as a nominee in his demat account?
Hi, Plz guide applicability of E way bill on Machinery on Rent and how to generate e way bill for the same as the price of Machine is much higher than rent value.
Further, is there any monetary limit on e way bill on Rent on machine, if applicable ?
MY CLIENT WANTS TO DEDUCTION OF MORE THAN FORM 16. BECAUSE THERE HAS NOT CALCULATED HIS ALL DEDUCTION E.G.HOUSE RENT. , MEDICAL ETC. CAN HE FILE HIS ITR 1 WITH ALL DEDUCTION , WHICH HAS NOT CALCULATED IN FORM. 16?
Respected Sir/Madam,
Taxpayer had file Refund Claim by filling RFD-01 from Electronic Cash Ledger. After 21 days Tax Officer had rejected the refund claim by issuing RFD-06 without giving any reason. So, kindly suggest the solution for the same. May I file a new refund claim or any another any other solution?
Thanks in advance
Jignesh Selarka
Dear Sir
WE have washing Gadi ( White Sheet, Pillow cover, Towel ) from Washermen. Please provide the name of the expenses head which we book the expenses.
Purchase land 1992 value Rs. 52000/- sale the property march, 2020. Value of rs. 36,00,000/-
1)This is a taxable income for capital gains?
2) if capital gains then which % are calculated?
3) any deduction for this income?
Hi, If our partnership firm has earned appx Rs.30 Thousand as profit for previous financial year with sales of 9.8 Lakhs. Can we pay tax on presumptive basis ? Also which ITR forms we need to file if we earn small profit or losses ? Other income is only income from savings in form of interest on FD.
Also in case of small profit or losses of partnership firm, if i don't opt for presumptive taxation and get my balance sheet certified by a Chartered Accountant , do i need to go for a tax Audit also?
Regard Monika
Sir I purchased a property and constructed some floor and sold within 1 year. I have never mentioned cost of construction in my sale agreement. So my property is in capital gain tax so can I claim cost of construction as expenses in capital gain coloumn. Is their any documents required to show the expenses in it return
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)
GST REFUND AGAINST CASH LEDGER