Hi Everyone please help me out from this dilemma
One of my client is telecom distributor of airtel. He is issuing commission invoice to airtel company and paying GST on commission. Then whether he is required to issue outward invoice for each recharge value transferred by him to retailer. Airtel is issuing tax invoice for each value order placed by distributor and it is appearing in gst-2A of distributor. Please provide you expert view on given issue.
As per current position, distributor is only issuing commission invoice to company charging gst on the commission give by airtel.
and please tell me how to file his GST return on which basis on turnover which he sale or on commission basis
Please tell me the process of GST returns

kinldy help on below
tds deducted us 194j.
and earlier year .2016-17 income shown under presumptive taxation 44ada
2017-18 same income declared under 44ad in itr 3.
now 2018-19 for correct filling i am using itr 4 under premptive taxation under 44ad by declaring more than 8 % profit..
is it right practice for showing professional income under business income??.
beacuse as i know engineering consultancy services is professional services...
can i file us 44ad for lower profit @8% than 50% of professional income us 44ada

What is turnover when we file it return u/s 44AD
Turnover= Taxable Value + GST
OR
Turnover=Taxable Value

Dear all
My client have partnership firm turnover was 60,00,000
They declared profit 8% U/s 44AD i.e. 4,80,000 in Income Tax Return
Two partners were in above firm
Actually each partner took 4,50,000 as remuneration and 80,000 as Interest on capital

Doubts
should partners declared the above remuneration & Interest in their personal IT Return?
Because they offered partnership income in U/s 44AD

MY CLIENT HAVING F&O TURNOVER 6182516/- AND LOSS FROM F&O 108000/-. MY CLIENT IS HAVING TUTION INCOME OF RS. 238000/- AND FD INTEREST IS 25000/- THAN HOW TO FILE HER RETURN. WHETHER SHE HAS TO GET HER ACCOUNT AUDITED. PL GIVE URGENT REPLY

I am facing problems while uploading Income tax return ITR-3.While filing return after login on website when I click upload button,following massage is reflected on screen: Invalid XML. Please generate XML again using the latest Utility. Please help me with this.

My IT return for FY 2017 - '18 included the following house properties:

House A - Self-occupied, purchased with housing loan,
House B - Deemed Let-out, purchased with housing loan

The scenario during FY 2018 - '19 is:

House A - sold in Jun '18, resulted in Long Term Capital Gain of Rs. 15 lakh,
House C - purchased in Aug '18 for Rs. 30 lakh with own contribution of 3 lakh and housing loan of Rs. 27 lakh,
House B - remains Deemed Let-out.

In view of the above, can you please let me know the following information?

1. Cost of C was higher than Capital Gain from A, and C was purchased soon after sale of A. Although C was purchased with housing loan, hope I can avail the capital gain exemption under Section 54 (as per many judgments of tribunals/courts). Can you please confirm the same?

2. Agreement date for House C (ready-to-move) was 10/07/2018, major/full payment date 25/07/2018 and possession date 04/08/2018. Registration not yet done due to some issues at developer's end. Which date should be considered as date of purchase/construction? Is it possession date or some other date? Can section 54 exemption be availed even if registration not yet done?

3. House A was self-occupied for 3 months before its sale and House C self-occupied for 8 months during the FY.
I am not sure if I need to show both House A & C in 'Income from House Property' head for IT return FY 2018 - '19 i.e. AY 2019 - '20. Shall I consider House A as self-occupied and House C deemed let-out? Or, can House A be deemed let-out and House C self-occupied, as Gross Annual Value is much higher for House C (and hence more deduction if it's self-occupied)? House B is deemed let-out as before.

this is for my one client.....



ITC as per GSTR-3B Rs.485452/- but ITC as per GSTR-2A Rs.124580/-.  now what i do.

my dealers says that already we file GSTR-1 so we are not revise that purchase details (dealers file without entering my GST number in GSTR-1).

A partnership firm has a turnover of Rs 2.50 Crores during FY 2018-19. They wish to opt for filing return U/s 44AD. What books / documents they have to keep ready for Audit?

If an resident assessee of India has business in Australia and he earns profit there.
How to disclose this transaction in Income Tax Return.