Mr A had given his private property to Government as hostel for students.
He charge to government directly. Yearly receipts is Rs 25 lakhs.
Then he is liable to himself to registered under GST ?
& What is GST Rate ?
After my father's demise due to Covid'19, my mother has received around Rs. 17 Lakhs from Bank, since she was the nominee. After which she has created a FD in her name. This has caused the reporting of purchase of FD by bank.
Please note that my Father was a salaried employee and all his tax returns are filed up to date i.e. for year after demise as well, and all his income/ money was tax paid money.
To respond the same in IT website under e-campaign, what should be my response or what should be selected? Since its not a auto renewal, it says, money given to person Rs. 0 & money received from person against FD Rs. 17 Lakhs
Suggestions are open, thanking in advance
How to calculate closing balance of capital of partners.
In case is there are two sellers A and B and two buyers C & D. A & B are selling property amounting Rs. 1 crores. C & D each need to pay 25 Lakhs to A & B. Now while filling 26QB, C & D will fill two 26QB each for A & B and they will mention 25 Lakhs as amount paid credited for A & B on which 25K TDS will be deducted. However what will be the amount of total value of property (Sale consideration) in 26QB for each form
RECEIVED INVOICES (Rs. 24500) WHERE ADVOCATE CLAIMED CLERKAGE 10% ONLY. WHETHER TDS & RCM ARE APPLICABLE ON THAT BILL.
How to calculate closing balance of credit card of per day for statement period.
How to download corporate tax and income tax challan after paying challan 280.
How to download TDS and TCS payment challan 281.
Respected Members,
I had shares of few companies while I was residing in US. Now that I have shifted back to India, wanted to check on the few things:
>>The holding currently I have is not doing well and on selling those shares I would be incurring loss, will I be allowed to offset the loss on shares in NYSE here when I file my Tax return in India.
>>If yes, how long will carry forward of loss be allowed to offset with the gains in future years.
Respected sir/s,
Transportation of goods by road not reported in GSTR3B, shall we report the same in GSTR9 in exempt outward supplies, since in income tax returns the turnover exceeded Rs.2 crores, however client didn't issued any tax invoice for the year
GST on Hostel given to govt for student stay ?