Dear Sir/Madam,
Is it necessary to mention GST rate and amount to be mentioned in the delivery challan for the goods sent for job work under rule 55 (d) (vii) of cgst rule,2017?
Where is available any allowable deduction in ITR-5 ? I have to claim remuneration and interest in ITR-5 ? Please guide me and oblige.
I have purchased a residential flat which is unofficially in ready to move condition in a complex comprising of total 6 Blocks, out of which 5 blocks are in ready to move condition and 1 block is under construction. Developer said that the (CC) Completion Certificate yet to be received (around January 2020) as the total project is under construction. Can I claim deduction on interest portion of emi paid on housing loan for this year (FY 2019-20 AY 2020-21).
Scenario :-
1. GSTR3B has been successfully filed with 6 Output Invoices.
Whereas
2. GSTR1 has been wrongly filed with only 2 Output Invoices.
Kindly note that GSTR1 has been opted for Quarterly Submission.
Now, what would be the future course of action towards correction of the same.
If we choose 44-AD this year for ITR-5 for the Ay 19-20, whether we will have to continue 44-AD for the next five years i.e. upto Ay 23-24 ?
TRC received from a foreign entity shall be applicable from the date mentioned on the TRC or it can avail benefits of entire year . For example : if i receive TRC on 31 July , can i apply benefits of DTAA from 1 Apr to 30 Jul .
Sir, my client entered into an agreement for sale of property. The buyer as paid advance amount in the month of February,2019 and the sale is not yet concluded till this day. (26/7/19). The buyer deducted tax u/s. 194IA and remitted the same to income-tax. There is no provision made in the return form to disclose the above transaction. I require to file the return before this month end, as assessee is going out of country . Kindly suggest the how to show this transaction. Thanks and regards
Ours is a partnership firm. Due to certain reason we want to file ITR-5 of Ay 2019-20 u/s 44-AD by showing 6% Net Profit against net sales receipts as on 31-03-2019.
Respected sir,
for the year 2017-18 we have discount income of rs 214000. Now our sales as per book of account and as per gstr 1/3b are matched, But there are difference in my tax audit report and gst 1/3b, reason is that in gst returns discount income is not shown because it is discount received so how to give effect of the same in gstr 9c how to match turnover, or simply can we give reasons that difference is due to discount income.
Sir/Madam,
In interest charged for delayed payment is taxable under GST, if yest what will be the rate. Moreover interest charged by bank against loan is not showing the GST rate.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
Gst rate & amount