Good Evening Experts,

Last time we made supply to research institute by charging GST rate of 5% which is concessional rate for institution.

Now we have done repair of material for research institution and we have to raise GST invoice for repair charges under SAC code. What would be the GST rate for these services. Please advise.

MR. A. ( NRI )SOLD PROPERTY TO B. RS. 1,00,00,000/- AS ON FEB 2019 .. MR. A RECEIVED THIS PROPERTY AFTER HIS FATHER DEAT AS O NOV.2018. HIS FATHER PURCHASES THIS PROPERTY ON 2018.

MY QUERY IS
1) MR. A.WORKED FOR LONGTERM CAPITAL OR SHORT TERM CAPITAL GAINS
2. MR.B HOW MUSH THE RATE OF TDS 20.66% ARE 33.99%.
THANKS

Dear sir,
I have entered into JDA. My share was 40% in that JDA. I have received 6 flats. I have sold 2 flats before completion certificate and 4 flats after completion certificate.
Now how to calculate capital gain U/s 45(5A).
Please guide.

DEAR SIR,

ONE OF MYS CLIENT SOLD 500 SHARES THIS YEAR AUGUST 2018, BUT SHARES PURCHASED YEAR 1997
NOW MY DOUBT IS THERE IS NO LONG CAPITAL GAIN LIABILITY TO HIM. AND HE WANTS TRANSFER WHOLE AMOUNT TO HIS SON TO PURCHASE A NEW PLOT IN BANGALORE. SO CAN TRANSFER ENTIRE AMOUNT HIS SON ?

REGARDS

Allotment of equity shares made at share premium in excess of fair market value - but share premium amount not recovered/ recoverable at all - just a book entry. whether to be treated as Income U/s 56 of the I.T Act.

Dear Sir,
मशीन निर्माता द्वारा रिपेयर जॉबवर्क भी किया जाता है | क्या वह मशीन निर्माण के लिए ख़रीदे कच्चे माल का itc, रिपेयर जॉबवर्क के बिल के विरुद्ध समायोजित किया जा सकता है ?

One of my client filed IT return for a.y 2018-19 before due date but failed to send the itr V to cpc for verification purpose & not verified through e-verification also . but after 6 months he send the same to cpc for verification , departement rejected her return because not verified within 120 days . the client as refund amount for the same return (a.y 18-19). now can we file revised return for same or any suggestions

Penalty on Late filing of GST return is allowed as Business Expenditure or not ?

Experts,
In case of Bill To Ship To We received material from a Supplier. Sir in purchase invoice mention
following
1-Bill to = A ( Buyer)
2-Ship To = B(Goods received in Factory)
Sir in above case material received by us but Bill to another party . Sir can we tale itc in that case as per section 16 ( Amended from feb 2019)

Dear Sir
I have a few demands raised by IT Department against Late filing of TDS Return, Short Deduction etc in the F.Y 2012-13 to 2018-19 in different Quarters and I have already paid the levied amount and the ready for attach the challans in the statement.

Would you please help me for the procedure for made the Correction in the Traces Portal to offset the demand ?

Waiting for your valued advice.

Regards