Hii,
Respected Experts
Kindly provide to me affidavit for free of cost property on rental.

Thanks
Deepak Bissa

So there are 2 categories in our building depending on the configuration of the flats. 2.5 bhk (A) and 3 bhk.(B)
So the monthly amount collected from category A is ₹7900/- which includes water bill contribution of ₹265/- and common electricity contribution of ₹2200/-
Similarly the monthly amount collected from category B is ₹9000/- water contribution being ₹375/- and common electricity contribution of ₹2200/- in this case which of the category has to pay GST
Whether water and electricity will be exempted to arrive at the limit of ₹7500/-

A PVT. LTD. COMPANY registered with ROC and applied for GST Registartion on 10th June 2019,approved GST regstation certificate granted on 13th June 2019. Now in August 19 I received a message from GST department containainig another GST Number and not filled any return. We search on GST portal we came to know that we have two different registartion number in same state and we have loging credential of only one (which we applied)...please help me in this regards how to get another registration cancelled.

Mr. X is a Partner in XY & Co.

A fixed asset worth Rs. 80,000/- is purchased, whose payment is done in the following manner :
1. Mr. X paid Rs. 20,000/- via his Debit Card &
2. Balance Rs. 60,000/- was paid via Debit Card of Mr. X's Relative (Say 'Mr. Z', who is not a partner in XY & Co.)

So Mr. Z loaned Rs. 60,000/- to XY & Co. but funds were directly paid to the seller of fixed asset using Mr. Z's Debit Card. The loan of Rs. 60,000/- is shown in books by passing a Journal Entry.

Later the firm XY & Co. has also repaid Rs. 60,000/- via Account Payee Cheque to Mr. Z

QUERY :
Are the provisions of Section 269SS violated while taking loan of Rs. 60,000/- from Mr. Z ?

Dear Expert,

I have a query regarding Design Service Import from our Parent Company from Japan. Currently we are paying IGST (RCM) on reverse charge basis on import of Design Service from Japan. Since it's an Import, so I need to mention 6 digit SAC code in self invoicing to claim IGST Input.

Our parent company is an original design maker and manufacturer of the furnaces. So which SAC code should I mention:

1.) 998391: Speciality Designs
2.) 998392: Design Originals

Though GST rate for both is 18%, please someone clear the doubts.

Regards
Khem Raj

Is there any conditions for deferring of expenses.Is deferring still allowed as per AS?

“ Error : Something seems to have gone wrong while processing your request. Please try again. If error persists quote error number GSTN EXEC2003 when you contact customer care for quick resolution”.please help to resolve this error

Dear Sir

Please guide to me about gross profit method

how to calculate.

i am not asking for formula

In table A & B of Schedule AL-1 of ITR-6, information has been asked for land and building etc. and its purpose for which it is used. In purpose list options has been given – own office, factory, ware house, godown, renting, leasing, Stock in trade. Now if a company had purchased the land to develop a hotel on the land but due to some reasons he is not able to develop the hotel and land is still lying in property plant and equipment. Now in this case what should be the purpose. Neither any office, factory, ware house, godwon has been made on this land nor this land is for renting, leasing or for re-sale purpose.

Assessee ( Trader ) has register volunteer under composition scheme intent to cancel is registration under GST no.
There is option available filed - Application for Cancellation of Registration

Which option can be selected
Change in Constitution of Business Leading Change in PAN No.
Ceased to be liable to pay
Discontinuance of Business / closer of Business
Others
Transfer of Business on account of Merger /Sale / Leased / Otherwise
Death of sole Proprietor


* Can we selected
Other – T/o is below 40 Lakh