Whetther GST is applicable on Lease Rental received for Land given to a Rice Mill on lease. is it exempt as the activity of rice mill is related to agriculture.
If land is given only for storage/ warehousing of agriculture produce to rice mill then what will be the treatment.
If exempt please give reference.
An assessee had received notice for scrutiny u/s 143(3) of IT Act for AY 2017-18. However, as the Principal Officer was not in town, the assessee inadvertently did not appear before the Assessing Officer and as a result Best Judgement assessment was made and Order was passed u/s 144 of IT Act. Can application for revision of Order be made before the Chief Commission u/s 264 of IT Act or any other section. What is the recourse available to the assessee now to get the case reopened ?
One party had preliminary exp in 2015-16 which was shown in Asset in balance sheet in that financial year and till now i.e. upto financial year 2018-19 that expenses were shown in asset side of balance sheet . If party wants to w/off in financial year 2019-20 then what is the treatment to w/off that preliminary expenses? Please explain the treatment in Accounts and provision as per income tax .
I HAVE PURCHASED FLAT AND MY AGREEMENT REGISTERED IN FEBRUARY 2019, AND MY HOUSING LOAN DISBURSED IN APRIL 2019. PLEASE HELP ME TO KNOW APPLICABLE GST RATE. MY AGREEMENT VALUE IS 21,00,000/- AND ARE IS 640 SQ. FT
Dear Experts
As all we know that, GST on cooperative society is very debatable topic. My query relates to the same.
Everybody, spoken, written and talks about GST on HOUSING Co-Operative Society only but about the COMMERCIAL Co-operative Society.
My query is, (1) whether the Commercial premises co-operative society is liable for GST Registration or not?
(2) If, "YES" then what are the limits and conditions related to same.
Please help me with this query.
Hello Experts,
I'm an accountant working in Pvt Ltd, We have separate 2 pvt ltd companies in separate location but now the management taken decision to shift the inventory & FA to one location. Please let me know the statutory implication on this. For both the companies same directors.
In future there may be chances that FA will be used for the both company production activity, as a professional accountant i have made some points to management, but still i seeking best points from experts. sa that management should not blame me for future assessment issues.
Request all the experts to let me know the IT, GST & other statutory implications.
which method is applicable wdv or straight line in companies
If a person has purchased flat without sale of any flat or property. in this case purchased flat entry is necessary to show in capital gain schedule or other schedule?
Due to Non filing GST returns continuesly 6 months AO cancelled GSTN and due to delay to apply for revocation of order, AO rejected it and then we gone for appeal to appellate authority and now appellate authority has PASSED APPELLATE ORDER", but still our GST number is INACTIVE. please guide why is it and now what to do.?
Ddo did not deduct tds as per income whether he ask employee to deposit tds in TAN N.and can give credit employees
GST on Lease Rent for land given to a rice mill?