Amit Agarwal
13 July 2017 at 19:59

Composition scheme

What if a person is a registered dealer(not composition) under VAT and want to register under composition scheme in GST but have stock purchased from another state(ie CST purchase) on 1st july , can I be able to take benefit of composition, if not, than is there any way to make eligible my self for composition.

Secondly my brother who was engaged in saree retail business(not taxable under VAT so not registered under VAT) wants to register under composition scheme (as now textile is taxable) , but having stock of saree (non taxable item under VAT)purchased from another state



Anonymous
13 July 2017 at 19:44

Clarificeation rgarding tax planning

Dear Friends
One Of Our Client Deposited In Saving Bank Account By Jointly With His Son Then How To Segregate His Interest Income Among Both.If He Deposited In Tax Exempted Deposit Scheme As A Senior Citizen Is It Required To Show That Portion Of Interest Also Under Other Sources r Not Required To Mention?
Kindly Guide Me Further.
With Great Thankful Regards By Advance.


Teg Bir Singh
13 July 2017 at 19:18

Gst on quantity discount

i am working in pharma Company , we provide Free deal to our distributor , suppose we sale 100 quantity of Product A with 20 quantity Free.
is GST Charge on Free quantity , if yes than what would be the rate for 20 quantity to calculate taxable value

thanks in advance


hardik parasia
13 July 2017 at 19:15

Section 54 long term capital gains

An Individual has Purchased a House Property "A" in June 2010
Sold the property A in June 2015
Invested the amount in new house property B in June 2015 anc claimed the deduction in Sec 54

Now Can he sell the property in July 2017 i.e after 2 years and before completion of 3 years
as per the new rules that holding period has been reduced to 2 years for LTCG????


Pallavi
13 July 2017 at 18:47

GST

Is GST will applicable for IPCC may 2018?


M.M Sachora
13 July 2017 at 18:33

About return

sir one person are buying and selling goods Through cheque so can he file return under 44AD ????????


madan dhirajlal kansara
13 July 2017 at 18:23

Opening a new company

pl inform to us how to open a new company procedure and form no and document step by step



Anonymous
13 July 2017 at 17:53

Hsn code

SIR HSN CODE 8 DIGIT KA HOTA HE MERE TALLY ME 5000 ITEMS CODES HE TO UPDATE 1 BY 1 ITEM ME PROBLEM HOGA MERA TURN OVER 1 CRORE APPROX H KOI SOLUTION HO ESKE LIYE PLEASE TELL ME YA 4 DIGIT KA HSN CODE ENTER KR SAKTE H


Kamlesh Yadav

We are two friends, we have a firm “ABC” and we both have equal share of 50% each in the firm. We opend a medical shop on the name of firm “ABC”. At the end of financial year our firm’s profit is INR 1,00,000. As per the taxation of firms we paid 3 lakh(supoose 30% is the only tax we have to pay).
So 100000–300000= 7 lakh is the profit.
we both distributed or shared the profit among us.
I took 350000 and my friend took 350000.
Now is this 350000 is taxable and do we need to pay tax on this 350000

Since we(firm) have already paid tax on that particular income, do we need to pay again.



Anonymous
13 July 2017 at 17:25

Branded seeds

Dear sir please clear about chapter 10 item if packed in branded seeds what's gst position






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