Sir / Madam,

Asseessee has one Cash Credit Account. Interest has been paid every month on the same account. however, A.O. has disallowed Interest paid on Cash Credit Account, as the account reflects debit balance at the time of payment of interest. The A.O. has considered Interest paid as Loan & Advance, as the account already has debit balance & disallowed the same u/s 43B. pls help on the same & substantiate with case law, if any.

Dear Sir

Meri ek newly OPC company h jo January-17 me registered karaya h.....avi koi employ v nahi mai akele hi kaam karta hoon.. maine company ka TAN No liya huaa h...meri OPC Company avi koi order ya koi v business activity nahi ho raha to ky muhe TDS return file kana h ya na..maine kisi ka koi TDS avi nahi kata h kyoki koi v business nahi hua h..

please guide me..

Dear Experts,
Under GST if I raise an Invoice on 2nd August to my client for the software maintenance service for the month of July. If payment is received on 10 August I will file gstr1 return with this invoice in September BUT what if they pay in October?
Thanks in advance

One of my client is having a retail business as a propreitor ,and his VAT registration is converted to GST.
He is also having a lodging business and has a luxury tax registration for the lodge,the annual turnover is less than 20 lakhs ,
Is it neccessary to migrate to GST for the Lodging Business.

Sir,
As per Sec 44AD, one can opt for presumptive income @ 8% on turnover less than Rs.2.00 Crores. As per sec 44AA, one has to maintain books if turnover exceeds 10 lakhs or income exceeds Basic exemption limit. ITR 4 / old ITR 4S is to be filed by the assessees opting for presumptive income.
My query is If an assessee has to file a return for having 8 lakhs presumptive turnover, income from house property 120000 and agricultural income of 50000,
1. Which ITR form he has to file New ITR 3 or 4?
2. Is he has to maintain books of accounts for fillling part B of P&L and balance sheet ?

what is Gst on tour activity like river rafting, elephant safari etc.

How to put qty in GSTR 1 for works contract services? From billing we are not able to identify qty .

Eg-Civil Contracts and Electrical Contracts

Please note we have received Restaurant Invoices without our GSTIN Number. They treated all receivers are Customers. In this case how we treat such invoices. Whether we show it as a Taxable Purchase or treat it as a unregistered purchase and pay tax under RCM? Please help

sir mera ek client hai security agency usne govt deptt ko service di aur bill and gst @ 18% charge kiya but govt deptt ne payment ki but 18% ki jagh 15% gst pay kiya as per old service tax .to kya mere client ko 3% apni pocket se pay krna hoga

outward as well as inward supplies of the month of august are taken in gstr 3b of July. then what to do while filing gstr 1 of july ?