Dear sir

Direct selling company can issue b2b invoices ? And earn under direct selling company commission. ..gst applicable on earn commission via direct selling


Answer

Dear Direct Selling Company Can Not Issue B2B Invoices . And Yes GST Applicable On Commission

Dear Sir,
Transport services provided by a transport operator to a school to ferry students are exempt in GST?
Canteen services provided by a canteen vendor to a school students and staff are exempt in GST?

Jignesh

Hi Everyone,

Can we submit AY 2016-17 & AY 2015-2016 IT return through manual or e-filling.

I need to file ITR for the purpose of housing loan

Please help me regarding this

Regards
Shashi

Respected Experts and my Fellow friends,

A partnership firm is having four partners with Rs. 1,00,000 capital each i.e Rs. 4,00,000 as on 31.03.2016. The firm had an arrear rent of Rs. 15,00,000. Two of the active partners have deposited Rs. 7.5 lakhs each in the current account of the firm from their own bank account and from there, the firm paid the arrear rent of Rs. 15,00,000 by issuing cross cheque.
What will be the treatment in the balance sheet as at 31.03.2017 ?
How the loss can be shown in Trading and Profit & Loss Account or/and Balance Sheet ?
What kind of loss is this relating to further introduction of Rs. 7.5 lakhs each by these two partners?
Can this loss be carried forward in IT for adjustment with profit in future years ?
For Information - I.T. Return has not yet been filed for the Firm and as well as of the partners for A.Y. – 2017-18. The firm is having a very low profit of every year … say around Rs. 20,000 – Rs. 30,000/ annum.

Thank you for your valuable suggestions in advance.
.

Dear Sir/Madam,

Can I Change rate of GST within the same Financial Year i.e 2017-18 for eg For the month of July 2017 i am charging 5% IGST without input tax credit and for the month of August 2017 i am charging 18% IGST as I am came to know that i can claim input tax credit under which section?

Regards,
Rakesh

Return Date for July & Aug Gst details

Dear All

Please consider that one supplier has received an advance of Rs 10,000/- in July and for which he has paid liability in July itself. While preparing the Invoice in August how it should be shown? Whether Invoice has to be made in actual amount or on the amount after reducing the advance received.

Thank you in advance

Gstr1 submission is still in progress since yesterday any solution availabe to solve it out

DEAR EXPERT,
PLEASE TELL ME THE TDS TO BE DEDUCTED AT WHICH RATE IN CASE OF SECURITY SERVICE PROVIDED BY SECURITY AGENCY TO A PRIVATE LIMITED COMPANY.

Respected Experts and my Fellow friends,

I have a query regarding Income Tax. A father, by occupation businessman, wants to give Rs. 20,00,000 to his own daughter for purchase of a flat in her own name. His daughter just got married in Jan, 2017 and he will give the money to his daughter in this September, 2017. His daughter is having no source of income or Nil Income.
How this Rs. 20,00,000 will be shown in the Accounts of the father ?
What are the possible ways out to bypass any tax, if levied, from the point of view of the father and as well as daughter ?
The father is a Income Tax Return filer, (unaudited).

Thank you for your valuable suggestions in advance.
.