Hi,

The details to be filed along with for 10A for 12A registration includes financial statements for the last three years. my question is whether application in form 10A can be filed before starting operations of the trust ?? ie, before utilisation of fund recived by trust...?? please clarify


Renuka K

Dear Sir,
We have taken service from a lawyer (Advocate) and we had paid (RCM)18% tax on Services. The Advocate issued the Bill for services to us but not mention the SAC code on Bill.
We have filing the GST Annual Return for FY 2017-18.
So we have required in the SAC Code.
Kindly suggest suitable advice 6 Digit SAC code for Services from Advocates.

Thanks & Regards
N Kadam

One of our client has taken a 'Pizza' outlet franchisee. He is selling through the Retail shops and also through E-commerce operator with the rate of 5%. >> Note - He has not taken any Composition scheme for the Restaurants.<<

Now the queries are:-
1. Is ITC allowed w.r.t. GST on Franchisee fees, Rental for retail shops ?.

2. If my client, give it's franchisee rights to other one and receive some amount. Can he offset the GST paid on franchisee fees (ITC) against the tax liability on received amount?

Sir,

I have shown my Income in in IT FY 2014-15-400000, FY 2015-16-450000 ,FY -2016-17=455000,FY 2017-18=450000,FY2018-19= 480000. total=2235000.
Can I deposite this amount in saving bank, If yes whether i have to pay tax on it.

Please suggest i have confusion.

I paid TDS Rs.50/- and filed original TDS return in time. Then i paid TDS Rs.85000/- and revised return the return and now getting order and levied 'Late Filing Levy' of Rs.25000/- in notice under head late fee u/s 234E. my question is there any provisions to levy such late fee u/s 234E for revised return?

i have sold my old flat in west bengal in Sept19, investing the sales proceed into new project at maharashtra to take relief from long term capital gain. But my query is 1. The new flat iam acquiring is double the cost i received as selling old flat, the rest amount is from my personnel saving. will I get Income tax relief for current year 19-20.
Second query 2: Since the builder is taking money in phased manner. Can i invest the un utilized amount in short term funds/fds as it is lying in saving account. Does IT rules permit such. Please advice.

I have filled my Income Tax Return in June 2019.While filling ITR - 4 online I have selected "i will verify later" option and now can I verify my ITR through Digital Signature.

I am a registered dealer under GST. I am dealing with goods chargeble under GST ACT. I am also let out commercial and residential property on monthly rental basis. My query is I am not rising Bill for Rent on Residential Property which is exempted from Rent. Is it compulsory to rise the bill and to show as sales exempted in GSTR3B. Kindly give your valuable expert advise, which will be a great service to me.
Thanks in advance
K.B.NAGESHA RAO
9448826793
kbnagesha@gmail.com

GST on Ayurvedic Treatments its applicable on GST or not
in website its showing 5%
GST Rates for Goods and Services as on 01.10.2019
GST Rates

Chapter / Heading /
Sub-heading / Tariff item Description of Goods
30
Medicaments (including those used in Ayurvedic, Unani, Siddha, Homeopathic or Bio-chemic systems), manufactured
exclusively in accordance with the formulae described in the authoritative books specified in the First Schedule to the Drugs
and Cosmetics Act, 1940 (23 of 1940) or Homeopathic Pharmacopoeia of India or the United States of America or the
United Kingdom or the German Homeopathic Pharmacopoeia, as the case may be, and sold under the name as specified
in such books or pharmacopoeia

5% GST

Dear sir,
One of my client newly started ayurvedic clinic , and what is rate of GST on ayurvedic consultancy,
ayurvedic treatments is 5%

Thank You
SANJAY