RESPECTED SIR
IF DEDUCTEE IS NOT LIABLE TO PAY TAX THEN IS IT NEED TO DEDUCTED TDS AND FILLED TDS RETURN FOR FY 19-20 FOR SALARIED PERSON ? ALREADY FILLED INCOME TAX RETURN FOR AY 20-21 AND THERE IS NO TAX LIABLIETY. PLEASE ADVICE. THANKS....

I sold a property in may 2019 and there is a long term capital gain accrued.i put the money in my saving bank account till now.i want to know about my last time limit to open an capital gain scheme account so that I can reinvest from it,and how much amount should be deposited there ? Is it only capital gain or entire sale proceed ? Pls clarify me .Thanks in advance..

Hi all,

One of the Client Private Limited company is doing Trading of Agricultural Products (i.e. Buying and selling with small margins) , now Is this activity liable to GST ? If yes at what rate ? if Not because of exempted or Nil rated services then Is the GST registration is required after crossing the Threshold Limit of Rs.20 lakhs ?

Please assume client doing wholly above activity only.

Hey,
I wish to file ITR of a cricketer playing state level cricket.
Under what source the same would be taxable?
TDS is being deducted u/s 194J.
Thanks

We have deducted TDS on commission of Rs. 30,000 but payment is made in Cash.
Whether is it allowable expenditure under Income Tax ?

One of my clients is having Ice cream & Milkshake outlet (Franchisee) in which he supplies ice-cream scoops as well as various types of milkshake (Milkshakes are prepared from ice cream and milk by adding other flavors as per customer's choice).
What is Threshold limit applicable to such outlet for registration under GST Rs. 20L or Rs. 40L. (Notification no. 10/2019 - CT)
According to my view extended limit of Rs. 40L is not applicable as such outlet can not be said "exclusively supply of goods"

Dear Sir
While filing GSTR-1 B2B one Invoice filed as 18% GST instead of 28% how can I rectify it?

Dear Sir,

I HAVE AN ISSUE REGARDING GST IN JULY 2020 I RAISED AN EWAYBILL ON 28 JULY FOR EXPORT TO NEPAL ON GSTIN OF BLUEDART BUT DURING THAT TIME MOVEMENT WAS NOT POSSIBLE AND NOW ON 7 SEPTEMBER 2020 MOVEMENT IS POSSIBLE AND GOODS READY TO MOVE BUT ISSUE IS THAT MOVEMENT IS POSSIBLE THROUGH DHL .SO DHL GSTIN IS REQUIRE ON EWAYBILL.
NOW MY QUESTION IS HOW WE CAN GENERATE EWAYBILL ON SAME INVOICE NO.
BECAUSE WE CNNOT CANCEL OUR LAST EWAYBILL .

IF THERE IS ANY OTHER SOLUTION PLEASE SUGGEST IMMEDIATELY ITS MOST URGENT MATTER.
THANKS & REGARDS

Dear Expert,

We have received valid GST invoices from suppliers after completion of supply in the month of march'19 and accordingly we have claim input credit against the invoices in the same month and release payment upto 80%. but during reconciliation with B2B invoice details with ITC claimed it is found that suppliers has not uploaded their return hence the same is not appearing in our portal. Now my question is 1." whether the liability against that particular invoices is chargeable to us?" 2. if yes, sir is there any way to make the supplier liable for that?

WE SUPPLY GOODS TO MERCHANT EXPORT @ 0.1%. IS IT COMPULSORY FOR US TO TAKE LUT OR WE DOES NOT WANT TO TAKE LUT