Hi madamI have a query regarding applicability of service tax,The scenario is thisVendor didn't give the invoice in 30daysService rendered in the month of AprilInvoice in the month of July Payment in the month of July.Weather service tax or GST will apply ? Wot is provision regarding this ?Thank you so much CMA Praveenkumar

what will be the capital gains tax on sale of agricultural land? or sale of agricultural land is exempt?

DEAR SIR
IF THE BUYER PAID GST ON FREIGHT GOODS TRANSPORT BY ROAD IN REVERSE CHARGE MECHANISM THEN ITC ALLOWED OR NOT SUCH GST PAID ON FREIGHT. GST EXEMPT ON IMPORT OF AGRI PRODUCE SO TELL ME SIR RAW HIDE OF BUFFALO IS AGRI PRODUCT OR NOT?

Hi,

Can anyone suggest is GST liable for below services.

OPD consultancy service.

OPD Investigation services.

Regards
Anirudh

1) Invoice format in b2c sale and no of copy required duplicate or triplicate

2) invoice in case of purchase by RD from urd and whose name invoice will be generated


3) Treatment in gst in case of loss of goods in godwon and processing loss in manufacturing process and whose name invoice will be generated

In case a person registered under VAT whose turnover is less than 75 lakhs in previous Financial Year, can he opt for compositions scheme w.e.f 01-07--2017. whether he is liable to pay tax for reversal of input on closing stock as on 30th June 2017 (as already availed input credit on purchases as per monthly returns under VAT )

I had paid Pre-emi for my home loan for Rs 1.7 laks and Rs 2.5 laks in financial year 2011-12 and FY 2012-13 respectively. I have not deducted the expenses during subsequent years, as im not aware, Can someone guide me if I can deduct the same under "income from house property" or 80EE. This is a let out property.

Can someone please guide..

If faced with a situation of excess reverse charge paid month after month at 18%, and output tax liability much lesser at 5% month after month, what happens to the RC paid to the registered dealer's credit that is unutilised?
RC can be used for ITC...that us known.
BUT IS RC EQUAL TO AND SAME AS ITC?
In other words, will a registered dealer get refund of excess RC paid under duty inversion?
If YES, then why should a registered dealer be made to pay reverse charge month after month on cash basis? Why not adjust it against RC generated the next month...

Dear Sir,

I want to set up a dairy farm at my own land in rural village in Telangana state with initial 10 animal capacity.
For this I am taking the help of investor who is investing for initial capital for mutual profit sharing. But he want me to register the firm so that we can enter into an agreement.
Please advice if I register my dairy farm, do i need to pay tax.
How can I get exempted from tax? As per IT rule, agriculture and allied activities are exempted and dairy comes into allied activity.

Pls advice the best way to avoid tax as mine is a small farm and also how to make agreement with investor so that both get confidence in our project

Hello sir i have one doublt regarding income from house property area, where my colleague purchase of plot loan was taken on 23.9.2014 full and final disbursement from bank, thereafter every month EMI is paying of Rs.21938/- for land loan till date separately and subsequently Home loan was taken for construction of house on the same land first disbursement started on 14.10.2015 and and final disbursement was on 21.3.2016 by bank and construction of house also completed on 21.3.2016 , now EMI paying for Home loan is 12081/- and land loan is 21938= total of EMI paying is 34019/-per month now, whether both loans principal repayment can be taken under 80C repayment of house loans and interest paid on both loans can be taken as Under section of 24B while calculation of income from house property which was given to letout(no limt) as a Interest paid on home loan can be claimed as a loss from house property and also sir can we eligible for claim as interest paid for preconstruction period from the purchase of land 23.9.2014 to 31.3.2015,as a total interest paid on land loan for this period was 72050/-, please suggest sir.