Dear Sir

We have Puchased Goods from creditors approximately RS .188400/- ( 2 Bill) in August 2018.
But they have yet not filed the retun So can We reverse excess ITC in GSTR-3 B

Please advise tous

Sir/Mam,

Annual Return 9 column 8A showing my ITC less than our ITC , as per our 3b and our records ITC (Purchases ) is
correct, but we have not claimed any expenditure in 3B it is showing in 2A,

How to know which itc showing in 8A column, what they are consider

please help me in this regard

Thanking you

one of our clients done the govt contract in the fy 18-19. amount deposited to bank in march 2019.but
Govt dedcutor deduct 2% gst and file the GSTR 7 in the month of april instead of march month.(due to late procedure in treasury office).

my question is whether contractor show above sale in march 2019 or april 2019.(as per 26as it belongs to FY 2018-19)

Dear All,

Please help me to find out the TDS liability on the server purchased including the Microsoft Window, where the cost of the Micoftwoft Window is higher than the cost of the server.

Please suggest the applicability of the TDS along with the reference

Thanks a ton in advance

Dear Sir,

Just want to know whether we need to make GST TDS on Postal Bills submitted by India Post if payment for the year crosses Rs. 2,50,000/- (not single bill).

And for telephone bills submitted by BSNL whether we need to make GST TDS if payment for the year crosses Rs. 2,50,000/- (not single bill).

Kindly guide in this matter

NRI had purchased a property on 20.03.2014 for Rs. 1 crore and no tax was deducted due to ignorance of this provision.

Now the department has issued a show cause notice for the default.

What remedy can be availed in this case.

Thanks.

Is the limitation period of 6 months relate to filing of MA for rectification of mistake or to the disposal of petition by ITAT?

Sir, I am Aman Mishra a Private contractor having a GST registered firm and i have filed my income tax return of FY 2018-19 in June 2019, on ITR 3 Form, and also i have successfully e-verified it. But now i have got mail from IT Department that says : "Income under section 44AD/44ADA/44AE is greater than "Zero" but particulars for "No accounts case" in schedule "Part A BS" are not filled"
What to do now?

Hello Sir/Madam, I have a query related to Car leasing. In my company we have car lease policy, where employee can lease a car which is registered in the name of my organization. I pay EMI for the car and claim income tax exemption on the EMI being paid. After the completion of car lease, i have to pay 20% of residual value to finish the lease. Post that, i can sell car directly to anyone. Sale proceed will come to my bank account. What will be the income tax implication on the money received from the car sale. I am asking this question because it is different than the car sale. In this case, the car is not registered in my name but it is registered in my company's name. I have NOC from company to sell it after paying residual amount of 20%. Can you please help with this ? Thank you,

Is is possible to opt for LTCG without indexation for property sale?

A plot bought in 1999 for 50,000 was sold in 2018 for 1400000.

With indexation Capital gain comes approx 1250000 (Taxed at 20% apprx 250000)
Without indexation Capital gain is 1350000 (Taxed at 10% apprx 135000)

Can I calculate LTCG in this case without indexation and pay less tax?