Sir,
It assessess itr filed last 5years income and expenses details mentioned below
Income for 5years:35 lacs
Expenses for 5years rs:12,50,000/-
Net worth amount balance rs:22,50,000/-
Question:
Assessess investment amount in bank fd rs:30 ,50,000/- allowed in it act.

Do we need to show inters income or capital gain in GST return?

Queries
1.Whether i can change LEGAL name (Owner name) in GST Registration as on today ?
2.If No, what is the process of cancelling the GST Registration ?
3.How can we transfer the ITC of this GST registration to New GST Registered entity ? what will be the process ?

Please guide and advise.

Can we take credit of IGST amount paid to custom department on goods imported through "Courier bill of Entry XIV for home consumption"? it is imported in name of the company gst number and it's for resale business purpose only in india.

Hi,
We were issued ESIC number when we got our company registered.
But its not applicable to us.
How can we cancel it or surrender it?

Dear sir

1) One client has land and building purchased in 1974 and 1.4.2001 value as given by SRO adopted. Falls under Sec 54F

2) The landover enters into Joint venture agreement in 2022 whereby total 5 units to be constructed, out of which 3 will go to owner and 2 will go to developer

3) 3 units for land owner got constructed by Developer for a cost of Rs7,80,00,000


4) Developer sold 2 units as UDS of vacant land during oct 2023

5) Consideration for landowner being

a) Monetary consideration Rs ,40,00,000
b) Sale of 2 UDS given to Dev Rs 1,00,00,000

Total Rs 1,40,00,000
6) Investment made

3 units involving construction cost Rs 7,80,00,000

7) Apparently the full value consideration invested in new building hence it would be exempt

8) In Sec 54 , if the entire sale consideration is invested in purchase/construction of one residential house within a period of 1 year before or 2 years after purchase and for construction 3 years.

9) My question is, since the client got 3 units as a consideration will he be hit by one residential house that one can buy/construct under sec54F

Sir
I'm planning to start a jewelry pawn shop in West Bengal and obtain a pawnbroker's license. Can you guide me on the highest allowable interest rate under the license for providing gold loans? Additionally, I'm curious about the tax regulations surrounding the income earned from interest in this business. Your detailed insights would be highly appreciated.

Dear Experts,
My client export some items (100 items in one invoice) in with pay IGST & some items without pay (under bond) When I prepare E_Invoice some error show at the time. Please help me.

A NRI who have capital gain in sale of house in india and purchased an apartment in india and availed exemption u/s 54. NRI assesssee's father originally purchased the house in 2000 and by family partition during 2016 the NRI assessee got the above said house and sold it during Fy 2022-23 and same year purchased an apartment and claimed exemption u/s 54. He is a resident of United kingdom. He wants to file return of income in uk, He wants market price of sold house to file return their and compute capital gain in UK. During partition in 2016 the stamp valuation of the proprty is 25,00,000. I want to know cost of acquisisiton to be adopted in UK 2500000 or market value to be arrived by fixing registered valuer and find the value in the year 2016. In India we take previous owner value. The assessee says in UK the cost of acquisition to be considered only on the date when the assessee is owner of the propery.

Sir/Mam,

we are proprietor concern we required Tan No. What are requirement of documents to apply Tan and what is procedure, plz kindly explain

Thanking you,