Ashim kr Ray
15 January 2020 at 18:16

How much amount cash sell be made.

Sir,

I want to know can i sell the product in cash which amounting RS 1.60lack.


raghavendra b
15 January 2020 at 17:55

ANNUAL RETURN FILING

DEAR SIR,

I HAVE ALMOST LESS THAN 2 CRORE CLIENTS. SO I NEED FILE GST ANNUAL RETURN OR NOT.

PLEASE CLARIFY ME WHAT HAPPENED WHETHER LESS 2 CRORE TURNOVER IF NOT FILED ANNUAL RETURN. I HAVE FILED THEIR INCOME TAX RETURN MATCHING WITH TURNOVER OF SALES AND PURCHASES. ONLY 2 CASES ARE FILED AS U/S 44AD BUT THEIR TURNOVER IS LESS THAN 2 CRORE IN THE FINANCIAL YEAR 2017-18 AND 2018-19.

REGARDS


Sujatha Soman
15 January 2020 at 17:31

Ecommerce

Dear Sir,

Amazon deposit amount to bank account against sale. how to prepare Bill in tally for amazon sale and how to calculate GST, fees & TCS.

please help.
Sujatha Soman
9971375027


JShanti
15 January 2020 at 17:16

Experts please advise.

Hi,      Our father passed away last month. My Brother and I are the legal heirs. My brother was the nominee in all my fathers Bank accounts and he has already received  in his account.  I wish to relinquish my claim on this money that my Brother has received as nominee. Do I simply give it in writing to my Brother or do I have create a gift deed on Stamp paper. Does the same need to be registered also ?   Thanks, Shanti


Deepak
15 January 2020 at 16:31

GST Input related query

ABC Pvt. Ltd. provided its premises on rental basis to xyz pvt. ltd. Along with rent other services like Electricity, Water, Gas, Lift etc will be charged separately. ABC Ltd issued below bill to xyz ltd for the month of December 2019.
Electricity - Rs.10000/-
Water - Rs.8000/-
Gas - Rs.4000/-
Lift - Rs.12000/-
Total Rs.34000/-
Add: CGST@ 9% Rs.3060/-
SGST @ 9% Rs.3060/-
Total Rs.Rs.40120/-
Can xyz ltd. claim ITC on this? I am doubtful whether this bill is correct or not. Please guide with supporting notification.


Suresh S. Tejwani
15 January 2020 at 16:29

REGARDING NON GST SUPPLY.

CAN OTHER INCOME LIKE BANK INTEREST, DISCOUNT , CAPITAL INTEREST FROM PARTNERSHIP FIRM, FD INTEREST, DIVIDEND ETC BE CONSIDERED AS NON GST SUPPLY FOR GSTR-9C..??


Heena
15 January 2020 at 16:23

SEIS benefit

Is it necessary for getting port registration done before filing ANF 3B.
I had already obtained IEC, What should be the next step to avail SEIS Benefit


Bijesh.K
15 January 2020 at 16:15

MAT and Long term capital gain

If the MAT is paid during this financial year,whether this MAT could be adjust towards the future tax liabilities of the company? If so , far how many years?


Bijesh.K
15 January 2020 at 16:10

MAT and Long term capital gain

Whether the company has to pay both the long term capital gain tax and MAT simultaneously?


Bijesh.K
15 January 2020 at 15:58

MAT and Long term capital gain

Company sold an old fixed assets having nominal value in books, resulted in long term capital gain as well as MAT?