We are a real estate dealer firm dealing in sale purchase of properties.As we purchase under construction properties as stock in trade and sell them on profit.Do we need to charge GST on its profit or total sale value if we resale the properties before issue of their completion certificate.if not whether we have to show them as non taxable supplies in GSTR-1.

if I settle a particular amojnt on 30% then what to do of remaining amount if I show as discount tgen it will be income and will have to pay tax then what to do in that condition then it does not effect profit and loss accoint

Does the limit of 30000/- apply PAN number wise or depends on Nature of professional service.? A person provides to same client 2 different / distinct professional services --Each invoiced separately and value of each less than 30000/- but more than 30000/- in total. Is he required to deduct TDS?
In case TDS is required to be deducted, it can be now deducted while making payment for 2nd invoice on total amount of 2 invoices. No TDS was deducted on first invoice as the amount was less than 30000/- In that case how is it to be shown in TDS Return -- only 2nd invoice be shown with amount of TDS deducted on both the invoices, or first invoice is also to be mentioned in TDS return? Will 2 invoices have separate entries in TDS return?

One individual Taxi service provider who registered in GST and charge 5% example 100+5% = 105 in bill to body corporate.

Body corporate pay only taxable amount Rs 100 & pay tax under RCM ? or pay to Rs 105 to individual Taxi service provider ?

Mr A is engaged in transporting goods by road transport by his own Lorries.He is also engaging others Lorries for the same. Mr A is GST Registered dealer. Does Mr A have to pay RCM on the transportation charges paid by him to other Lorry owners. If yes, is it @5% RCM?

Whether E invoice is deferred for all class of taxpayers or for everyone?

Hello every one,

Can a partnership firm pay professional fees (TDS 194J ) and partner remuneration (sec 40b) in separate heads to its partner.

Regards,
Kapil Verma

Dear Sir / Madm

My client has taken loan from HDB Financial Services for purchase of lorry for business purpose i have paid monthly installment. when i have paid installment and interest, can interest attracts TDS or not. whether i have to made TDS on interest or not pl suggest me

Please refer ITR 6 for A.Y. 2019-20 net profit included income from interest In BP part we have shown interest income as income considered under other heads and accounted the same as income from other sources resulting BP has shown business loss and bank interest is shown under income from other sources. Cpc disallowed this business loss stating PL account not showing loss. How to file rectification under section 154 and how to explain this details while filing

Please provide me Excel format of Dvat 30 and 31

vishnu_meghraj@yahoo.co.in

Regards,

Vishnu kumar shama