I have not shown ppf interest in earlier it returns
My ppf is matured in financial year 2019-20
Yet to file 2018-2019 return

what is the meaning of itc booked itc availed itc claimed in gst

My co. have a transporting income is it can claim input tax credit on inward supplies (liable to reverse charge) for the year 2017-2018 .

If no , i already show itc available in gstr 3b including rcm payable .

please guide me , i have to file annual return for gst..

Hello sir,

what is obligation for advance licence. ( advance authorisation) how to calculate it.
can you please advice in details along with formula.

Regards
Rahul Sonawane.

Dear Experts,

I have a query in respect of section 44AD applicability.

If an assesse's books of accounts are getting audited from last 5 years (not beacause of having turnover exceeding 1 crore but to show profit below 8% of turnover) can he opt for section 44AD for financial year 2018-19?
Turnover for F.Y. 2018-19 is 1,10,00,000 rupees.

Please do suggest.

Dear All,

If we have missed to reversed ITC related to FY-2017-18 till March 2019. Can we reversed it now in GSTR-9 (Annual Return). ?

Please Guide

Hello All,

I have a query.
Our company is engaged in the manufacturing of Telecom Equipments. As per cost record rules and the proviso to rule 3 under the Companies Act, 2013, if a company falls under the classification definition of Small Enterprise as per MSME act, then Maintenance of Cost Records is not required. Our company falls under this exemption criteria as our investment in Plant and machinery is less than Rs. 5 Crores but more than 25 lakhs, although we dont have MSME registration or Udyog Aadhaar Registration.
Considering the said exemption is the maintenance of cost records and cost audit applicable to us. ?

Thanks,
Dhananjay Jitesh Pandey
Company Secretary

My wife is running a garments boutique in Guwahati, Assam. She in unregistered under GST as her turnover is less than 40 Lakhs.
She wants to participate in exhibition (display cum sale) within Assam. Does she needs to get any registration under GST.
Some organisers are not alloting stall without GST registration.

Dear Experts,

I am Salary person as well as partner in one partnership firm and from there i am getting partner remuneration for FY 2018-19 My query is as follows:
1) which ITR form applicable for me
2) if there is ITR-3 then in which sheet and where i am have to show this partner remuneration amt Please suggest

Thanks you

Sir,

proprietor has a purchase some personal item like, Wallet, Cloth, tie, bag etc he paid amount from current account. Please suggest how to adjust the same in books of account.