It is replied that if there is f& o loss & u want to file return for tds claim where to show loss & which return.? Need to prepare p& l& B.sheet and file ret to claim cf loss.?If return is delayed hence cf loss will not be allowed can i opt to not show f& o loss and only show f.d interest income & claim refund of tds.

It is replied that if there is f& o loss & u want to file return for tds claim where to show loss loss & which return.? Need to prepare p& l& B.sheet and file ret to claim cf loss.?If return is delayed hence cf loss will not be allowed can i opt to not show f& o loss and only show f.d interest income & claim refund of tds.

If advocate regd in gst gives services of filing gst/& or Itx returns whether gst liabilty. arises on RCM basis? If unregistered have to prepare bill of supply?Whether above services are legal services?

Hi,

I am a freelance web developer in Delhi, India, providing software consulting and development services.

I provide my service to two categories -
A) Individuals and Companies OUTSIDE India ( i.e, foreign countries Ex: US).
B) Individuals and Companies in India.

Note1: As a freelancer I don't have a business incorporated as company. So services in this case are provided by an individual (not a company).
Note2: My turnover is expected to remain less than 20 Lakhs per annum.
Note3: My question is regarding the current situation in FY 2020-2021.
Note4: Delivery of my services happen completely online using source code attached to emails, no physical goods are transferred.

I would like to know the following -

1) Can I legally raise an Invoice for my services provided to people in category A and B as an INDIVIDUAL (not a company) ?
2) Do I need to add GST % to my invoices for category A ?
3) Do I need to add GST % to my invoices for category B ?
4) For dealing with category A, do I need to register under GST or am I exempt from GST registration ?
5) For dealing with category B, do I need to register under GST or am I exempt from GST registration ?

If GST registration is applicable -
6) do I need a business to be formally incorporated in India (Ex: a PLC or LLP) to register under GST or that can be done by an individual?

Relevant links you should read before answering:
- https://razorpay.com/learn/gst-registration-guide-freelancers/
- https://cleartax.in/s/impact-analysis-freelancers-under-gst
- https://www.cbic.gov.in/resources//htdocs-cbec/gst/OIDAR.pdf

Let me know, Thanks!

how to change Period in PTRC challan online or Offline?

Dear all,
If i filled my GSTR 3B and missed some sales invoice
further the GSTR 1 is pending to be filled.
Should we show all the invoice in GSTR 1
and the excess tax amount need to paid with interest in next month or how can i pay the difference tax amount now

Ret to befiled 139(1) prov 7due to tds but income less than 2.5 laks if foreign travel exceeding 2 laks.no cash dep no electicity exp exceeding 1 lakh whether special is to be filled as yes no.? If income more than 2.5 lakhs and foregine exp incurred whether 139(7) particlars to be given bz i am filing itr u/s 139(1) & not proviso 7?

i have received a bill dt 20.04.20 & service period is 15/3/20 to 14/04/20, so please tell me how to book exp in books & in which year it would be book

Dear Expert,

GST is payable on RCM basis when company received inward supply from unregistered Advocate (individual) .
Our Advocate is from Chandigarh and our company is located in west bengal.
Kindly guide us whether the RCM would be discharged as CGST & SGST or IGST.
Thanks & Regards
Prem Chandra Thakur

Is SEZ unit required to apply for LUT at the time of exports from SEZ ?

Further, can directors of the company or group company be witness to the LUT application?