One of my client is a registered society under MP Societies Act and they are running a school. Gross Receipts of school does not exceed 1 Cr.. So we want to claim deduction u/s 10(23c)(iiiad).

So is it compulsory to take 12A/12AA registration or we simply take deduction u/s 10(23c)(iiiad)

Kindly Reply

Sir/Madam,

I recently issue a sale bill worth Rs. 67350, and received the same amount by Cash. Can I enter(in Tally) this cash receipt in a single entry?

I recently received an Invoice for machinery maintenance expense worth Rs.23640. Can I Pay full amount by Cash?

Dear Sir,
We have by mistake deposited GST under RCM on rent paid to an unregister dealer after 12th oct' 2017 i.e. after RCM 9(4) postponded and accordingly booked ITC after making payment .
One of the Expert advised me to reverse the ITC taken in the above case but my view is that I have taken ITC after making payment under RCM . I have not taken extra ITC .

Pls advise...................

Sir,

I have received one export order from Bhutan customer with CIP terms. as per their guidelines they want material by road.
we will arrange transport and send the material from up border. now please explain is there any shipping bill generate or not.
what to saw in GSTR-1 return. we will get currency in INR from customer.
is there any separate documentation require for this transaction? its LCL shipment.

My Turn over is Rs. 1.30 Crores so which clause is application i.e.

1. Clause (a) – If total sales, turnover or gross receipt in business exceeds Rs. 1 Crore

or

4. Clause (e) – If Profit)s u/s 44AD claimed to be lower than the presumptive profits and gains.

Because in F.Y. 2017-18 turnover limit for limit for Sec. 44AD increases to Rs.2 Crores.

Dear sir
Loss from busiess after dep is 550000 and eligible dep is 190000. While filing ITR 5 how to disclose the carry forward of unabsorbed depreciation? Whether the same is to be shown as Business Loss under Schedule CFL. Please help.
Second query is
Do we need to give ITC balances of GST credit in Part A - OI. If yes, is there any impact on taxability or its just for information purpose. The accounts are audited u/s 44AB

If I have office In Rajasthan of chartered accountant and I want to provide audit service to Delhi based company. My total receipt is 6 lacs. Am I liable for gst registration.

What is the rate of GST on Workshop for skill development training?
Does the threshold limit of Rs. 20,00,000 apply in this kind of business?
What if the tickets/ booking for such workshop is made online? will the threshold apply then?
What will be the related GST implications in this case?

Sir,

We are under "Composition " scheme. While filing GSTR 4 for 2nd Qarter ( July to Sep ) is it compulsory
to submit purchase details from Registered and Unregistered dealers ? Or, furnishing sales turnover alone
is enough.

Kindly clarrify.

Dear Experts,
I received a 143/1 intimation and forgot to reply within 30 days. I cannot see any option to submit a response now. What should I do?

Thanks in anticipation.