Dear Sir,

Please clarify whether proposed dividend of FY 2017-18 has to be shown in financial statements of FY 2017-18?

One of my client is contractor. He makes roads for local authority(for Panchayat )
whether he can avail input on his input goods and services?

My mother had a residential plot registered in her name which was purchased in 2005. She sold the property in 2018 and gifted me the amount earned from the sale. I am now planning to purchase new residential property which will be registered in my name only. What procedure should be followed to make sure my mother is exempted from the capital gain tax?

Sir,
What information is to be given in Clause 27 (a) of form 3CD?
CENVAT/Input tax credit Opening balance
CENVAT/Input tax Credit Availed CENVAT/ Input Tax Credit utilized
Closing/outstanding Balance.
my question is "what is Input tax credit in this case? is it the amount available in GST ledger after payment/adjustments of SGST and CGST liability or it is relating to the IGST (if a firm making interstate sales).
confused???

An importer is importing goods from a foreign country as a raw material for manufacture in his own factory. Is there any procedure by which he can import goods by paying reduced rate of import duty under the GST regime. He was advised that reduced rate of import duty will only be applicable if he obtains a certificate from his GST officer stating that these goods are being imported for own use and not for sale. Is this correct

if an NRI resident of UK earned income in India in the form of rent from house property and interest on fd need to file ITR in India ,income more than 250000 and how to take benefit of DTAA. Is TRC need to obtained.

Let me know how to pass entry in books OD a/c opened in banks

Hi everyone
Tax free sale 10 lacs
Gst sale 1 lacs
Gst collected 5 thousand
Gst paid on purchase of machinery 3 thousand
Gst paid on job work 4 thousand
Gst collected on job work 2 thousand
Please give us our gst tax liablity
Please reply as early as possible

Thanks in advance

Dear Experts,

Important Query If anyone can solve this...

I started working in a new firm (Proprietorship).. The owner not filled any GST (Payment and Returns) for the Year 2017-18.. Now he is filling the same for the year 2017-18 but the thing is..

His CA has given him GST portal data of GSTR 2 now he (Owner) is matching GSTR 2 with tally ledgers (Statutory) and which is not their in the GSTR 2 data, now he wanted us to remove that ITC from tally which is not reflected in GST portal data which is coming around ITC of 255000 rupees..

Question is
1. Can he claim that ITC 2017-18 in any of the sections

dear sir,
I have to inform you that my one client income from only from partnership firm in itr 3 profit and loss which head i can show this income source