Hi all,

One of the client doing Commission agent business of only agricultural produce (i.e buying agriculture produce from formers selling to wholesalers just acts as intermediary )

now his total sale value is exceeded 2cr how this applicability in case of Income Tax ?

Tax Audit applicability ?

Is there any Exemption to this Business ?

if only commission is chargeable to tax then under which head it is taxable ?( i.e PGBP or Income from other sources)

A gst registered regular scheme dealer purchases of 18%tax rate goods Dt:10-09-2020 invoice value Rs:2,36,000/-. from mr. A if dealer same tax rate goods invoice value Rs:2,36,000/- return goods to supplier Mr. A( same dealer) on Dt:15-09-2020.
Question:
Dealer this transition treatment in gst act.

Assessee sold a residential Flat-A on 09-10-2020. He had already purchased Flat-B on 11-12-2018. Can cost of Flat-B be deducted from the sale value of Flat-A for the purpose of exemption under Section 54 of Income Tax Act? Kindly help.

A gst registered regular scheme dealer sales of two b2b invoices Missed reported November and December -2020 in gstr3b and gstr1 in f.y 19-20.
Question:
Dealer this missed two b2b invoicess reported columns number September-2020 in gstr3b and gstr1.

Respected Sir Please guide me and oblige

Printing Job Work if the paper is supplied by the customer

and

if the paper is not supplied by the customer ( Cost of printing + Cost of papers )

What will be the rate of GST in both the cases ?

Dear all
A client received 25 Lakh from railway for sale of agriculture land situated in rural area. 50 Km distance from municipality.

But while I am preparing income tax return i have problem where this income is shown ,

Plz help me how to show this income in income tax return.

Thanks

Can Discount on sale be netted off with Discount on purchase for the purpose of presentation in Trading & P&L Account ?

Dear Experts,

We have wrongly reversed the ITC in GSTR 3B under Table 4b in FY 2018-19. It should be adjusted in Table 4A. How can reclaim the reversed ITC. can we adjust this amount in GSTR 9 .

I am a registered taxpayer of gst. I earn rent income from a Mobile Tower company.
am i liable to pay gst on that rent.

A gst registered regular scheme dealer sales of goods transaction with E-waybill generated.but same goods returned from another dealer (purchaser)without e-waybill generated.
Question:
This sales transactions how to report in gstr3b return.