Dear sir,
Can we avail ITC on capital goods immediately after purchase or we have to avail it in 60 months. Kindly Advice

Interstate purchase and intrastate purchase are included under defination of aggregate turnover or not??

Suppose there is a situation where a hotel owner did not pay the gst collected from last one year,now the corporate clients cannot claim ITC as gst is not paid by the hotel owner n his gst is blocked,now he refuses to pay as he has a plan to shut down his hotel in next two months,what will be the liability of the gst practitioner in this case as owner is not paying gst despite of repeated advice by practitioner

Can any tell me capital gain on redemption of mutual fund calculated on Average cost basis or FIFO basis

My question is ,one pension holder's income cross the taxable limit like pension and other source of income e.g.Interest income from Interest on F.D. His net tax payable is 42,000 approx after deduction of 80D,has no LIC etc under section 80C during A.Y 2020-21.How he paid the Income Tax by self assessment tax or advance tax.Please let me know at the earliest.
Thanks,
Buddha deb Das

Hello Experts,

My current company import vehicle items but the same are charged @ 28% GST however , when the same goods are sold in the local market the goods are sold @ 18% GST. How can we manage the same in Tally. Because when the ledger is created in Tally we would create the at 28% but while selling we are required to charge 18%. How can we sort the same?

In current F.Y 2018-19 I had incurred expense on Outdoor Catering Service amounting to 2.5 lakhs and GST paid by me at 5% with official receipt. I'm salaried and I would like to know where to show this expense incurred at the time of filing ITR. Am I supposed or liable to pay any other tax. Please advise.
Thank you

I want to take transfer from articelship and in am in 2nd year ..my prinicpal is ready to give me transfer but i dont have any such special conditions for transfer as per rule. Wat should i do?. ...urgentttt ...

Hi
An URD renting gown to educational Inst( higher Edu Inst) , does GST attracts on this transaction ? If yes what is the Tax Rate ?

Thqs in advance

My client had wrongly claimed excess ITC in 2017-18 but failed to reverse in 2017-18 & 18-19.But till December 2020 my client has filled GSTR_3B.Can i reverse the excess and pay the difference in cash OR File the January 2020 return as it is OR reverse excess ITC using DRC 03 Voluntary payment???