Kaustubh Ram Karandikar
12 July 2019 at 18:13

Export of service

XYZ (France) wants to carry out ‘Clinical Trials’ in India. For carrying out clinical trials, certain statutory permissions are required to be obtained from the Indian Government. XYZ had appointed PQR(India) to give this Regulatory, Administrative and Legal framework support for getting the required permissions from the Indian Government. For this service, PQR(India) will be charging to XYZ(France) in foreign currency. Is PQR liable to pay GST on it?


Pawan Mittal

Respected Experts
Mr. X purchased shares of many companies in 1995. All these companies were listed in 1995. Subsequently with passage of time many companies have been delisted and many have been stricken off.
According to new rules if an assessee holds shares of unlisted company than he has to disclose the same in ITR-2. My question is whether the shares of delisted companies need to be shown in form ITR-2? We also have to mention PAN of these companies. So how to get PAN of delisted companies?
Mr. X also wants to disclose the shares of those companies which have been stricken off by MCA. He wants to claim capital loss in future whenever he has capital gain in other shares. So how to know the PAN of stricken off companies?


CA Poonam Thakare

If the vendor has not mentioned the HSN Code on the Invoice then what HSN code should we mention in GSTR 9 in the column of HSN Wise inward supplies? Whether it is ok if we consider same HSN code for common services/ goods supplied? (e.g. common HSN Code for all direct selling agents)
Thank you in Anticipation.


NK1976
12 July 2019 at 17:06

Foreign bank details in itr

Dear Sir,

ITR-2 for AY 2019-20 for Non-Resident.

Foreign Bank Accounts mandatory in ITR or not?
There are Two column for bank account in India( Refund account & other Bank Account)
No column for outside India Bank Account.
Foreign Bank Account details are mandatory or not.

Please suggest your valuable response in above query.

Thanks & Regards
NK


rajesh behl
12 July 2019 at 16:41

Gst - tds & tcs

How can I claim TDS/TCS credit.....??
For last 6 Months TDS/TCS credit received tab on the GST portal shows " Since the provision of TDS/TCS have not yet been notified, this section has been kept inactive in 3B"

Please help.


Parth and Naitik Gada
12 July 2019 at 15:56

Interest on loan not received

I have given money on interest to one party during the financial year 2018-19. Now due to bad financial conditions, he is unable to give the interest on the loan. He promises to give me in 2019-20. But it is doubtful whether he will keep up to his promise.
How to account for the interest amount.
Please guide.


chippy as
12 July 2019 at 15:45

44 ad

WHETHER A PERSON WHOSE INCOME DEDUCTED UNDER SECTION 194 J AND HE IS NOT SPECIFIED PROFESSIONAL UNDER 44ADA CA FILE RETURN UNDER SECTION 44 AD?


CA Parul Saxena
12 July 2019 at 15:29

Input set off rule amended in 3b

Notification came in Feb19 that IGST must be fully utilized. But 3B was not amended and payment till date was made as per old rules prevailed.
Whether now new rule has been amended in 3B for the month of June 19?


Sourav Saha

Can a husband working as a central govt employee and availing central govt health scheme (Cghs) facility avail preventive check up facility of wife( also working as a govt employee and entitled to cghs facility herself ) U/s 80D upto a max of Rs 5000 for medical check up bills not reimbursed under cghs scheme?
Need help regarding this query.. Thanks in advance.


Ashish Kumar Pandey

fixed assets write off amount debited in P&L account and assessee tax computed under MAT so we have required Book profit for computing MAT tax amount.
So my question is when we calculate book profit then fixed assets write off amount added back in book profit or not for MAT calculation.





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