A person is having VAT credit of rs.8 lakh.he is engaged in trading business.
Also he provides service by way of renting of immovable property but not registered under service tax till date due to value of taxable service not exceeding 9 lakh each year.

Whether he can get such credit utilized in gst. What is the procedure?
If yes where he can utilize as per his both business.?

Reply asap

Dear Experts,

I have come across a question from our management, asking me to give the opinion on setting up of a proprietorship business and Pvt Ltd company.???????

Therefore requesting you to give me an opinion on the above matter in detailed. So that we can take a decision on the same.

sir i wud like to know if any assessee having gross receipts of 1.5 crores during the f.y 16-17 can opt for presumptive taxation u/s 44ad if he is showing profits more than 8%

Hi Experts,If a lessor has two commercial spaces rented to two different companies in different locations ,If the rent 1st one is under 10lac limit and the 2nd one also the same. My Q is two clubbed and calculate for Service tax or it should be treated individually.

Dear sir/mam..
I file a Original Return (ITR FORM 4 SUGAM) of A.Y.2017-18 on 07/06/2017 Tax Refundable and after filling i realise the Bank Account Number is incorrect and now what should I Do. Please Help Me.

I have send one request on 30/05/2017, no reply received till today. Please clearify.my query.

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Dear Team, If i am take leave on sat or mon in a month then salary for the day sun was deducted. we are not getting any paid leave. what is government law for this. Please share a file if any one had. Its urgent

What is the need for Interest on Capital in a Sole Proprietorship? I understand that as per Business Entity Concept, Owner is separate from Business, and hence he requires interest on the amount invested by him in the Business. However, really, he is the one carrying on the business. So, in a way he is charging interest on his own money. Please explain!

Dear Experts,

I plan to sell my house which is under staff housing loan.Interest on housing loan was not actually paid but claimed for every AY. Now the accrued interest amounts to Rs 12 lakhs which is to be paid to bank when the sale is executed. Can I add it to cost of acqusition for reducing capital gain.
Thanking you.