If a person is a business correspondent sub agent of a Business Correspondent does RCM attract, as in the notification the wordings was service provided by a BC agent to BC will attract RCM. Does Sub agent and Agent makes any difference or are they one and the same as per the GST Act.

I have rented a truck to the government. Will GST be applicable on this, if yes, how much?

Dear Experts,

An Individual taxpayer who registered under GST law provide Rental on Immovable Properties services from his individual name. Can ITC will be available to him for Bank Charges and Mediclaim premium which is also reflected in his GSTR2A? Please confirm. Also please confirm what other ITC is available to him.

due to some genuine reasons my franking was not done and i need back dated franking, so will back dated notary stamp do ?

Dear Sir/Madam,
I have a doubt about some entry in telly.
Case Detail:- Entity-Proprietorship Firm
balance sheet data as on 31 march 2019:- advance tax -0, TDS-26644
now after self assessment tax payable was 504102, in which proprietor already paid 400000 in advance 24AS reflect TDS 32402 hence. he was paid 71700 as self assessment Tex.
Now, what entry i should pass in telly.
Please help me out.
Thanking You

Hi,

I am a self-employed Management Consultant. I possess no professional qualifications (Legal, medical, engineering or architectural, accountancy profession, technical consultancy, interior decoration or any other profession notified by the Board in the official gazette) falling under 44ADA. I receive the fee directly into my bank account.

I request your advice and guidance on the following :-

1. AY 2017-18
Brief background:
The original ITR3 Return filed ON time; Received the Intimation u/s 143 (1); And received the Refund also.

I realize now that in the original ITR-3 return filed, I shown the presumptive income wrongly u/s 44ADA at 50% INSTEAD of u/s 44AD at 6%. I am entitled to receive an additional Refund (amounting to Rs.1.28 Lacs).

Following are the relevant details :-
AY 2017-18 As per original ITR3 ITR Rectification/Revision being sought
Filed on 30-Jul-2017
Income from House Property 2,32,830 2,32,830
Income from Business (u/s 44ADA - 50% of Rs.19,90,862)
9,95,432 (u/s 44AD - 6% of Rs.19,90,862)
1,19,900
Total Income 12,28,261 3,52,730
Deductions (2,29,385) (2,29,385)
Taxable Income 9,98,880 1,23,345
Tax Payable 1,28,519 0
TDS 1,97,094 1,97,094
Refund Received 68,575 68,575
Balance Refund to be received ==>> 1,28,519

Please guide me :-
a) to the process of filing the Rectification/Revised Return so that I could get the balance Refund amount.
b) Additionally, let me know whether I can use ITR-4 form as against ITR-3 form originally filed.

2. AY 2018-19
Brief background:
The original ITR4 Return filed ON time; Received the Intimation u/s 143 (1); And received the Refund also.

I realize now that in the original ITR-4 return filed, I shown the presumptive income wrongly u/s 44ADA at 50% INSTEAD of u/s 44AD at 6%. I am entitled to receive an additional Refund (amounting to Rs.2.87 Lacs).
 
Following are the relevant details :-
AY 2018-19 As per original ITR4 ITR Rectification/Revision being sought
Filed on 31-Jul-2018
E-filing Ack. Ref. 967248420310718
Income from House Property 2,06,105 2,06,105
Income from Business (u/s 44ADA - 50% of Rs.29,92,069)
14,96,035 (u/s 44AD - 6% of Rs.29,92,069)
1,79,530
Income from other source 1,02,770 1,02,770
Total Income 18,04,910 4,88,405
Deductions (2,50,884) (2,50,884)
Taxable Income 15,54,030 2,37,520
Tax Payable 2,87,070 0
TDS 2,99,214 2,99,214
Refund Received 12,144 12,144
Balance Refund to be received ==>> 2,87,070

Please guide me :-
to the process of filing the Rectification/Revised Return so that I could get the balance Refund amount.

3. ADDITIONAL BRIEFING
a) As an additional information, I wish to state that for AY 2019-20, I filed the ITR showing the presumptive income CORRECTLY u/s 44AD at 6% choosing the business code as 16019 – (Other professional services n.e.c.) and received the Intimation u/s 143 (1) and received the Refund also.
b) I gather the following information from the internet but wanted to seek experts’ inputs from the forum :-
• One can submit a rectification request after the income tax return is processed or on receiving an Intimation u/s 143(1).
• If on rectifying a ‘mistake’ there is a change in Income – a rectification should not be filed. In this case, a Revised Income Tax Return should be filed. No new deductions or exemptions are allowed to be claimed.
• One can file a rectification request within four years from the date of the order that needs to be rectified, not necessary the original order. Thus, even after you file a rectification request and there continues to be an error in the revised order, you can file another rectification within four years from the date of the revised order.
c) Last but not the least, I talked in person with couple of auditors on the above but some say ignore and some give me different different processes. I am clueless as to how to go about. But I am sure my case is genuine and I do not wish to lose my legitimate claim to seek additional refund.

If an assessee received Gift from his Brother in cash for the purpose of marriage of his unmarried daughter but assessee does not utilized the Cash for the that purpose.However he transfer the amount to his Housing loan account then what will be the repercussions of it. Is the Cash Gift Received from relative chargeable to tax in the hands of assessee ? Kindly reply on the issue as soon as possible.

AT THE TIME OF TDS RETURN FILING WHEN I ENTERED THE USER ID AND PASSWORD. THE LOGIN PAGE WAS SHOWN AS "Your user id is not activated. PAN of the organisation has to approve the registration request". so what should I do to file the TDS return

Can an article assistant be a trustee of a trust.

If invoices of FY 17-18 are not shown in GSTR2A then can party now enter invoices in their GSTR1 and if party can enter then whether those invoices will shown in our GSTR 2A now ?