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Ch Ramesh Kumar
01 November 2019 at 11:37

60

Is it mandatory to file Income Tax returns by an University which is running with the 100% grants released by State Government. The Income Tax authorities are issuing notices for filing of IT returns. Please clarify whether the University has to file annual IT returns. If so, how what are the components of grants received by University ( i.e., salaries to Professors & supporting staff, scholarships/stipends to students, etc) to be taken into account for filing of IT returns and the time frame of Returns to be submitted.
Please clarify the above at the earliest.


sumiraja
01 November 2019 at 11:14

Igst

sir i sold an item to andhra by mistakely issued a bill of cgst and sgst . on the time of filing gst return my auditor told me u have to file igst. i changed by invoice. but bill of cgst and sgst issued to andhra is never changed. now that person is asking me to cancel the bill. what to do how to issue new bill because i already filed igst for that bill. now how will i issue new bill what to do


Sanvi Kamath

If Old car sale amount is less than WDV, GST is applicable?


HARISH BHATIA
01 November 2019 at 10:22

GST ITC

Dear Sir / Madam,

i have excess claimed Rs 5,60,000 for the FY 2018-19, how ever my sep 2019 return is also filed , in september 2019 month return , i have not reverese the excess itc which claimed in the Fy 2018-19, kindly guide me how to further proceed , i have rs 7,00,000 ITC in my account , i am ready to return the excess input claimed by me.
the actually itc which i have excess claimed , i have properly bills also , how ever Gstr-2a, they are not reflected
kindly guide me


bablu
01 November 2019 at 09:49

GST CERTIFICATION COURSES

Dear Sir,

I there is any GST Certification courses run by ICAI for Non C.A Students. as i checked on ICAI Site there is showing GST Certification courses for Members only.Pls let me know if there any such curses run by ICAI FOR NON C.A students.


HARISH BHATIA
01 November 2019 at 09:44

ITC IN CASE OF TRANSPORTER

Dear Sir, if we have received bill from one transporter who has charged GST @ 5% ,can we take Input over this bill.
in that case we can pay 5 % gst on RCM , and then claim ITc., how ever what i have to do if my transporter charges 12% gst ???


Mahabir Prasad Agarwal
01 November 2019 at 09:23

LTC

If I does not find circle rate (Govt.rate) of the ancestral land, sold by me inspite of my every efforts, what should I do to calculate capital gain ?


kollipara sundaraiah
01 November 2019 at 08:52

Gst query

A person gst composite sceheme registered trading of jewellery business.
1.Sales turnover april to september,19 Rs. 30 lacs 1% composite tax Rs.30000/_ paid
2.income from labour charges ( majuries and repairs works) Rs. 1 (one) lacs.upto september,19
Doubt for income from labour charges which rate of tax applicable .


Vijay Mohan
01 November 2019 at 08:19

Benami translation

My client has received notice from IT office regarding benami transaction.he purchased property . What amounts to benami transaction


Shree Balajee Chemicals
01 November 2019 at 01:05

Reverse charge applicable on URD purchase

Reverse charge tax was suspended on purchase of goods from unregistered dealers till 30th September, 2019. After this date no notice has been issued in this case. Do i need to deposit tax under RCM from the month of October, 2019 in GSTR 3B?







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