Hello

This is for fy 2018-19

I have deposited pf & esi payment (both employee & employer contribution) on the wages of the month of July'18 on 18th Sept'18.
Plz let me know am am I eligible to claim the deductions in Income tax for both employer and employee share.

Thanks

hello, How I can manage income tax on revenue given to third party for refernce. Revenue amount is in cash and its more than 10000 INR. However payment from customer was billed amount?

any way to make it white income ??

A lodging having 46 rooms.out of 46 rooms,12 No's. belong to one person and remaining 34 No's.belong to another person. Both are registered under gst act and filing gst returns.Now my query is --can two gstins be given for one immovable property having one entrance?

Dear Sir
As per GST Act ,rectification in Return for FY 2018-19 can be made up to September 2019 return.But on GSTIN Portal , even in December return, Option to revise B2B invoice pertaining to FY 2018-19 is available.

Whether it will be legally valid if Using this option, invoice pertaining to FY 2018-19 is amended in December 2019 return.or any notification is available in support of this amendment option available on portal.Please help me out.

Hi Sir/Madam,

I've received the below notice for AY 2019-2020. This amount (34112) was received as a gratuity payout from my previous employer upon resignation. But this claim has not been accepted by IT. It seems like the claim is correct and the amount is very well below the threshold limit. Please advise.

claim of deduction u/s 10(10) - death-cum-retirement gratuity received is more than the threshold limit

Thanks

Hi
we have deducted the TDS under DTTA , our client abroad asking tds ceritificeate , As tds deducted as per DTAA with tax residency certificate. no pan we are not able to issue form 16A,
which forms need to given for them claim the this tds credit in their country.

MY CLIENT HAS EXPANDED HIS EXISTING BUSINESS DURING ASS. YEAR 2016-17 BY INSTALLING NEW PLANT AND MACHINERY FOR THE MANUFACTURE OF SAME EXISTING PRODUCTS AT THE SAME PREMISES BY AVAILING TERM LOAN FROM THE BANK AND THE PLANT AND MACHINERY WAS PUT TO USE DURING THE SAME ASS. YEAR. THE CASE OF MY CLIENT FOR ASS.YEAR 2017-18 WAS FINALIZED U/S 143(3) NOW THE INCOME TAX DEPARTMENT, ON THE BIAS OF AUDIT OBJECTION, WANTS TO DISALLOW THE INTEREST ON TERM LOAN FOR THE PERIOD 01/04/2016 to 31/03/2017, BUT THE SAID INTEREST WAS NOT
RELATED TO CONCERN ASS.YEAR(2017-18) IS SUCH INTEREST INADMISSIBLE U/s -37, PLEASE SHARE THE CASE SUMMARY .



Read more at: https://www.caclubindia.com/experts/interest-on-borrowed-capital-section-36-1-iii--646805.asp

There are three companies operating in a same premises. There are some common expenses incurred by one company. Nature of expenses are 1) Rent 2) Office maintenance etc. My question whether the company in whose name the billing has been received from vendor can "issue debit note to other company". There is no criteria of distribution of expenses If the Debit note can be issued then whether GST would be applicable for the issue of debit note.

Dear Sir,
Our company import machinery part from out side of india and paid IGST on bill of entry and We have claim the IGST paid on BOE imports in our GSTR3B.
but Bill of entry IGST tax not show in our GSTR-2A so our GSTR3B and GSTR2A are not matching.
Now our consultant say , you can claim only that tax whose show in GSTR-2a

Please suggest me how can i claim my Bill of entry tax in 3b.

Is it necessary to match IGST of GSTR3B and GSTR2A in case of import inovices/BoE ?

Kindly let us know what to do ?

In case a person( Medical retail person) gets registered voluntarily by mistake since June 2019 and also he is not liable to get registered under GST (not fullfiliing the conditions for compulsory registration), can he surrender his registration?

If he has received notice u/s 46 for default in furnishing returns since June 2019-Sept 2019. What action needs to be taken? Can we surrender GST registration