Till 1st quarter ie Apr 2018 to June 2018 I m a composite deler under gst. From 1st July 2018 I convert from composition to normal dealer. In 1st quarter I purchased goods for 1000000. Out of 1000000 goods of rs 200000 is still in stock as on today. Now I am a normal dealer. So i have to file gstr 3b for July.. Can I avail input tax credit on stock of rs 200000 when I file gstr 3b for the month of July..

Dear All,
I am having hotel business which i have given on lease to another company with agreement that he will run the hotel and pay 25 lakhs per annum to me.
It was agreed that some rennovation work is required to be done at hotel which the company will do and pay me in intial years 15 lakh only.
The company has shown TDS for 25 lakh in last financial year but it has paid only 15 lakh to me through bank account. It has not submitted any bills towards expenditure in hotel rennovation.

Pls let me know on what amount do i need to pay tax by august 31, 2018 being a lady of 60 years plus. Also, at what rate TDS is cut for this kind of business arrangements and what documents do i need to ask from the company.

Dear All,

Pls tell anybody how to give pass word in my excel file & how it can be remove. And is it possible to give p w for folder in which I have saved all my excel file. pls let me know in simple method.

Thanks.
Anjan Mehta

my client is work contractor provides service to builder. Builder makes individual villa and sale out after completion of villa. what will be the rate of gst in hand of contractor.

my annual itr is 18 lakhs .can i buy house of 35 lakhs .will i get income tax notice for that .

During Registration, A column asks for date of commencement of business, if my head quarter is in bhopal and i want to get a fresh gst registration in patna as a branch then what date of commencement of business i should i have to fill?

I have query regarding E-waybill preparation while a customer bring material by hand then how we will generate waybill and what to show in vehicle no. let an example Mr. X has purchased 20 Pcs Controller @4500 Pcs and he brings goods by metro or by bus then how we generate without transport bill.

How to calculate Children education allowance in case of multiple birth(twins) at first time and after single birth ?
Further
First single birth and then multiple birth
Is it allowed to take 200 for twins and 100 for single birth after twins?

Dear Sir,

I have a transportation business. I hire vehicles from unregistered person for telecom goods (pole, battery, DG etc) delivered as per customer requirement in West Bengal. Unregistered vehicle Owner do not charge GST as well as I do not charge GST to customer. Customer is a mother concern the I do not charged GST. KIndly advice actual.

Thanks & regards,
RAJU DEY

hi,
I done my Income Tax Audit For Assessment Year 2017-18. Now Can I File My IT Return U/s 44AD (ITR-4 SUGAM)? or mandatory to do audit?

Following is Amendment in Finance Act, 2016
Following sub-sections (4) and (5) shall be substituted for the existing sub-sections (4) and (5) of section 44AD by the Finance Act, 2016, w.e.f. 1-4-2017 :

(4) Where an eligible assessee declares profit for any previous year in accordance with the provisions of this section and he declares profit for any of the five assessment years relevant to the previous year succeeding such previous year not in accordance with the provisions of sub-section (1), he shall not be eligible to claim the benefit of the provisions of this section for five assessment years subsequent to the assessment year relevant to the previous year in which the profit has not been declared in accordance with the provisions of sub-section (1).

(5) Notwithstanding anything contained in the foregoing provisions of this section, an eligible assessee to whom the provisions of sub-section (4) are applicable and whose total income exceeds the maximum amount which is not chargeable to income-tax, shall be required to keep and maintain such books of account and other documents as required under sub-section (2) of section 44AA and get them audited and furnish a report of such audit as required under section 44AB.