Hi,

I need to know whether the service provider company can claim tax on the goods purchased by them eg. Computer's, Airline tickets, Other material purchased by them.

Thanks in advance.

hi i have received following error while uploading return of a AY 2017-18
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hello sir how much amount we can claim as interest payment of education loan.. full amount or part payment

My client received an advance of Rs.70 Lakhs against sale of property. Accordingly , TDS was deducted by buyer @1% i.e. Rs.70,000/- as per Income Tax Act, 1961. The sale was executed in the next Financial Year.

Now, while filing Return of Income for the A.Y.2017-18 shall I claim refund of TDS of Rs.70,000/-. My assessee have only pension & other sources income of Rs.3,50,000/-. Please advise.

Sir/Madam.. what will the rate of depreciation that a school should charge on purchase of sports equipments or materials

under Section 194 C what is the rate of TDS for Body of Individuals having a society.

Sir I sold advertisement holding to buyer and charge vat on it as a product sold but buyer deducted TDs at the time of payment considered it as contract service u/s 194c whether it is correct or not.

Sir/Madam
If a builder is engaged in constructing row house and sells it before 31st june 2017. All sale deed formalities are done before 31st june 2017 .Is GST applicable for him? .
Are such builders ,who sell row houses after completing the house, are they liable for GST registration. ?
Thanks .

A sole property firm can be incorporate into a company???

I want to ask very basic question of GST

If a retailer having T/o > 20 Lac ( he will have to registration in GST).

Now, supose he is selling Goods on which MRP is printed Let say Rs. 50/- (where it is mentined inclusive of all taxes)

He is getting Rs. 50 from Customer.

How he will charge GST on such products? as he can't sell for more than MRP, if he will charge GST price will be more than Rs 50, which is not posssible, as we know.

Will it (GST) 50*12/112 = 5.36 ?? AM i correct or not???

One another Question will he charge CGST and SGST simultaneously i.e. will the rate be 12+12=24%????

Please clarify. Thanks....