Hii..
query: If a guy wants to gift a amount of Rs.1 Lac to his fiancee, so will the interest received on that FD will be taxed in the hands of the guy (i.e. Clubbing provisions will be attracted or not), if yes, requesting you to quote case law or relevant section...


Regards,
Ankur

Dear Experts,
i am service provider and as of now i am collecting 15% ST on Service charge. in GST will i also have to collect the GST from service receiver and then have to remmit the same to govt.

however in some cases service receiver has to pay ST if RCM Applicable plz tell me in GST is there any Such provision like RCM if yes what is concept,

Thanks
ASAP

Dear Experts,
A proprietor of proprietary firm has paid Electricity bill from his saving Account. so plz let me know the Accounting treatment of the same.

Thanks
Ankit Jain

Form 61A is to be filed if there is cash sales or we'll hav to declare otherwise too?? As the format is having a column of mode of payment So if there is requirement of cash sales only Then there is no logic to ask for the mode of payment Anyone can help?

Dear Experts,
pls clarify... can we adjust the ITC of Vat against GST payment,



Regards
Vimal

As per transitional provisions ,If a person has not furnished all the returns required under the existing law for the period of 6 months immediately preceding the appointed day,he will not be allowed to take credit. So If a person take new registration in existing law today then he will not comply this condition.So whether ITC will be allowed to him in gst ?

My father-in-law wants to gift to each of his three daughters Rs.4 lacks through a/c payee Cheques drawn from his Pension a/c.(a)Are the amounts so gifted taxable in the hands of daughters.(b) What formalities are required to execute the transactions
R.Dayal(23/5)

My Client has sold goods to his party by a single bill for the Fy 2016-17 for Rs.1.00 lakhs during the year he has received Rs.50,000/- by A/c payee Cheque and Rs.50,000/- bu cash in different dates. Can adopt 6% on Rs.50,000/- & 8% on Rs.50,000/- or 8% on total Rs.1.00 lakhs for the Asst Year 2017-18.

Small proparatory company in that 4 employees TDS was deducted but not deposited to tax department.now the company has deposited the TDS. Does the company has to pay interest and fine on TDS or any solution . If fine and tax how much it will be ( TDS deposited 4000*12=48000 for each employee ) pls give your valuable input so that for employer it should not be burden now.

Sir I am filling Form INC 32 ( download from MCA Portal) PDF. I am having a valid DSC of emudra but I'm unable to affix my digital signature. its an error of PDF