We are 100% exempted Corporation under GST Provisions providing Finance Services to our State Agencies & RRB under different CG Schemes Further, we are registered under GST Act and filing NIL GST Return. Further, we are also exempt from Income Tax Acts we are providing Services for Social Welfare etc.Therefore, we are filing NIL GST Return under GST ACT.
During the Current Financial Year we (claimant) filed a legal suit against one of our State Challenising Agencies for Amount outstanding and paid Arbitration Fee as per ordered after deducting the TDS amount. Further, the order states as follows: Liberty is given to the claimant to get the reimbursement of the amounts paid on his behalf.
In view of the same, we discharge our liability and also paid GST on RCM Basis to the exchequer. Further based on the above case we have the following queries:
1. As we are providing 100% exempted services, whether we are liable to pay GST under GST Act.
2. For the Reimbursement of Arbitrator Fee, whether we are liable to raise Taxable Invoice including GST or not.

dear Sir

basically this is a normal query but in according to my understanding i really confused to take about it.

Q- if we paid salary to employee for the month of April in next to 7th (may) and the employee salary is taxable so which month i should to deduced TDS on At the month of April or At the time Of payment the salary.

if we paid salary salary may month so TDS deposit due date will be next of 7th (june)

is it right or wrong please suggest me.

We had incorporated many companies in U.P. under the jurisdiction of ROC- Kanpur. Further I want to know about the procedure related to payment of stamp duty on share certificates in U.P. as there is a defined procedure for the same in Delhi. Or can we affix revenue stamps on the face of share certificates for the same.

Sir, Is the auction amount of ipl is all taxable or the cricketer get any kind of special deduction or not. Is their earnings of every match is fully taxable or not or they have to pay tds on special rates or not.

Kindly reply my questions.

Regards
Himanshu Panth

PARTNERSHIP FIRM LIABLE TO TAX AUDIT UNDER INCOME TAX ACT

MY QUESTION IS

1 FIRM ONLY GIVEN INTEREST AND PROFIT TO ITS PARTNER (THERE IS NO WORKING PARTNER)
THEN WHICH LAST DATE WILL BE APPLICABLE FOR FILING OF INCOME TAX RETURN FOR A.Y 2018-19
FOR PARTNER.(INDIVISUAL)
DUE DATE 31-8-2018 OR 30-09-2018 ????????

THIS QUESTION IS WITH REGARDS TO E-WAY BILL FOR JOBWORKER
I HAVE MY MANUFACTURING UNIT AT RAJASTHAN AND I AM SENDING MATERIAL FOR JOB WORKING TO
MAHARASHTRA AFTER GENERATING E-WAY BILL AND AFTER COMPLETION OF JOB WORK IN MAHARASHTRA,
THE MATERIAL HAS TO GO TO FOR FURTHER JOB WORKING IN THE STATE OF GUJARAT, IN THIS CASE HOW
TO GENERATE THE E-WAY BILL. THE SHORTCUT IS TO AVOID TRANSPORTATION COST INVOLVED FOR
MATERIAL TO REACH BACK RAJASTHAN FROM MAHARASHTRA AND THEN CONSEQUENTLY SENDING IT FOR
FOR FURTHER JOB WORKING TO GUJARAT, PLEASE ADVICE..

A salary holder having income from salary has done a few liasoning work between a textile company & a trader for brokerage; is filing ITR-1; showing income from salary for salary received & income from other sources for brokerage received. whether he is right in doing so. please advise.

Dear All,
I am an individual and having 2 separate business which are covered under presumptive taxation scheme U/s 44AD but can not file return ITR - 4 due to reason that, I have short term capital gain and dividend above 10 lac.
Under the above situation i can file only ITR -3. Can any expert advise me how to file ITR-3 for both the business incomes. Can i consolidate both the P&L account and balance sheets and consolidated figures be placed in the ITR-3.
If i avail the benefit of Section 44AD for both the business then how to incorporate figures in ITR - 3

Regards
Birjesh

Dear experts,
Thanks in advance.
One of my client charging RS. 1000/- per day for hotel accommodation, please clarify what tax rate he should change if billing for 6days @6000/- + GST?

Can I get tax benefit u/s 80D for the premium paid on ICICI Lombard "Personal Protect" plan? I had a chat with ICICI customer care she told me that no tax benefits on this plan. What does it mean? Can't I claim the premium amount paid u/s 80D?