Dear Sir/Ma'am
I have purchased a moter bike or a car in my firm , so can we get GST INPUT of this ?


Please Suggest Me

Ours is a pvt ltd company and we are holding two trucks which are to be sold to some other private limited company. There are certain queries on such transactions as follows :

Whether GST shall have to be paid to the supplier ?

Whether TDS shall have to be deducted by the supplier against the sale value ?

Please guide me and oblige.


Ok

Dear sir,

Good evening

Today, we have done tds payment by online but we have shown the tds amount in surcharge column instead of tax column , How can i rectify the oltas challan sir, Can i rectify the tds challan in online sir or submit letter to assessing officer.

Please give your valuable reply sir,

A proprietorship firm had taken unsecured loan from several individuals since last 8 years with a high interest rate ranging from 24%-36% per Annum. It was paying interest monthly to the lendor. But, the firm had not booked exp. and also not deducted TDS on interest portion of Unsecured Loan. Now, the firm wants to claim the past 7-8 years interest expenses in current financial year and will deduct TDS on the same.

Can the firm able to claim it as expenses belongs to prior periods in current year? If yes, then elaborate with proper provisions along with any case law available.

Example:
Unsecured Loan availed by proprietor 1 Crore
Interest Rate: 30%
7 Years Interest: 1 Crore * 30% *7 Years = 2.10 Crore

In previous Years, the firm had not booked exp. of Rs 2.10 Cr. and not deducted TDS. Only interest payment entry was made. Hence, ledger of lendor Credit Balance of 1 Crore, becomes debit balance of 1.1 Cr. Now to reconcile the ledger, it wants to book 2.1 Cr interest in current Financial Year as allowable exp. by deducting TDS@10%. Is it allowable under the Act?

Please give suggestions.

RESPECTED SIR,
MY QUERY IS THAT MY BROTHER WHO HAVE JOB IN LONDAN. HE WANT TO DEPOSITE SOME AMOUNT IN MY ACCOUNT OR SOME AMOUNT IN MY WIFE ACCOUNT. WHETHER WE ARE LIABLE FOR TAX FOR SUCH FOREIGN INCOME

Dear Sir,

I am receiving sms and emails for registering with PTRC and PTEC. I am only registered with GST. Came to know that all people who are registered with GST are getting such emails but not liable to register with Profession tax since they don't have any employees.

What should I do.

Regards,
Divyesh Jain

I have been allotted two pan cards. This problem arises due to confusion on submission of documents regarding proof for identity and proof of address.
I have not used the duplicate pan card under any circumstances as I am aware that it is illegal.
I applied for surrender of additional pan card for two times through online mode without any delay. Acknowledgement number also given. It is not the mode of applying for change in pan card online mode.
Duplicate pan card has not been cancelled by Income tax department so far.
Kindly assist me the proper way to surrender my duplicate pan card either by online mode i.e., applying for change in pan card through online mode by simply selecting the column for surrendering additional pan card or by offline mode by writing a petition regarding this matter to the concerned Assessing Officer.
In uploading document section for Proof for pan card - which copy of pan card should I upload either original pan card which I like to retain or copy of duplicate pan card which I like to surrender or both the pan cards.

can a pwd or nager palika 's contracter claim his itc???????

tds rates for pillars in stone and pillars top stone

Our company constructing new factory. There has been some construction material like interlocks have been purchased. What journal entry to be passed ?