Hi Everyone,
one of my client registered in GST. He started export the material to out of india. and he purchases the material from composition dealer can he have do that for exclusively for the purpose of export ?
Please suggest to me.

Material was sold to an organisation in Punjab. Supplier is in Delhi. The purchaser returned the goods without receiving it...
What is the treatment of the same? Sale Bill is to be cancelled? If yes then how E way bill can be cancelled as the 72hours time limit has been elapsed...

sir
Is it compulsory to pay TDS on the interest of vehicle loan obtained from NBFC by an individual whether he is covered or not covered under tax audit?

If yes, Assume he has obtained the loan for 5 vehicles and paying dues with interest. While calculating the tds on interest, exemption of Rs.10,000/- p.a is applicable only for a single vehicle or totally on all of the vehicles .

thanks in adv

I have 2 queries regarding TDS:
1. W.e.f. 01/Apr/2020, the rate on all technical services is 2%. Please confirm
2. How to show the rate of 2% in TDS Return since Sec 194J covers both 10% and 2% entries.
Regards

Dear Sir,
I have incurred short term loss of Rs 70000/= appx on buying and selling of shares and further incurred loss of Rs 25000/= appx on trading in FUTURES AND OPTIONS .
Can I show my short term capital loss of Rs70000/= and loss in FNO in FORM 2 for IT return for AY2020-21.
Since FORM 4 is applicable if FNO loss is > 1 cr.What to do with FNO LOSS ,please clarify

Thanks and regards,

P.J.RAO

Regards sirs to all you,

I am talking about those GST holders whose sales turnover during the fy 19-20 was less than 5 crores
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Sales Turnover less than 5 Crores during the fy 19-20
===========================================

Due date GSTR-3-B FOR JUNE 2020
=====================================
Extended date is 23-09-20

Now

Due date GSTR-3-B FOR JULY 2020
=====================================
What is the due date ?

Please guide me and oblige sir.


Read more at: https://www.caclubindia.com/experts/ask_query.asp

RGDS TO ALL OF YOU SIR

DUE DATES FOR JULY 20 GSTR-3-B AND GSTRI-1

MORE THAN 5 CORES

&

LESS THAN 5 CRORES

Whether Topup in HBL exempted from Income Tax ? Should any one get Income Tax deduction on repayment of Principal alongwith interest u/s 24(b) in House property.

Sir/Madam
i am providing all the details required for downloading conso file from traces file but unable to proceed next step, a error message arising i.e The challan details entered by you corresponding to the statement mentioned above are not valid. please enter valid details.

Plz kindly help me in this regard

a partnership firm one of a partner purchase of fixed asset rs.10 lacs value payments through on partner personal bank account.if invoices billing partner name.fixed assest used for partnership firm purpose.
Question:
Purchase of fixed assest above transaction treatment in firm and partner personal books and accepted under I.t. act.