Siddharth Kishan Mane
28 March 2023 at 10:42

GST on Boat Hiring Services

My Client is Maharashtra Registered having supplying Boat services to his clients as follows, kindly guide whether to charge CGST-SGST or IGST inbelow cases :-

1. Clients registered out of Maharashtra and given them boat services in Maharashtra.
2. Clients registered in Maharashtra and given them boat services out of Maharashtra.

Dhanyawaad


Ravi
28 March 2023 at 08:07

LTCG buy second proprty

How to avail exemption of LTCG tax :

The assessee wants to sell 5 years old mutual fund from which the gain would be approximately 7 lacs. He is already having one house property and now he intends to buy another property out of sell amount of mutual fund.

Can he save LTCG in above by purchasing the second house property ? Kindly guide


Asif Ali
28 March 2023 at 17:22

REFURBISHED MOBILE SALES

Dear Experts,
My query is not solved by any experts.
Please solve my problem.
My query is in B2C Supply of refurbished mobile phones:-
Sale value of mobiles = Rs. 2,00,000
Taxable Value = Rs. 4,000 (Profit Margin) Therefore CGST(9%) = Rs. 360 and SGST(9%) = Rs. 360
Invoice value of mobiles = Rs. 2,00,720
How will take this figures in GSTR-1 ?
Reply by one experts = Take Rs. 4,000 in B2C others column and no need to show any figures anywhere in GSTR-1.
Reply by second experts = Take Rs. 4,000 in B2C others column and also take Rs. 2,00,000 in exempted sale column in GSTR-1.
Please solve my above query, I am getting very confused about above replies and which reply is correct.?
Thanks in advance....


Siddharthatwal

Dear Sir,

I had taken a personal loan of Rs. 11 Lacs for repair / renovation of my house & to repay loan taken for reconstruction of house.
Referring section 24(B) can i claim deduction of interest paid on personal laon.


rohini

I am member of ICAI, not holding COP. Do i need to surrender membership to start a business?


dipsankar
27 March 2023 at 18:57

Donation u/s.80G

Sir, My query is can pvt ltd company donate any fund under u/s.80G I.T.ACT to another pvt ltd company & what is its limit (amount) & any section/ rule read with.


Amit Lipare
27 March 2023 at 18:14

TDS on rent 194 IB

We are a partnership firm. We are paying monthly rent of bungalow above Rs. 50000 to individual landlord. Can we liable to deduct TDS @ 5 % ? Please guide.


ashu gupta
28 March 2023 at 17:22

Payment to MSMEs

Hi,

As per our payment policy, we have to release the payment to our vendors after receiving payment from our customers for that particular project.

But if the liability is there in our books of MSMEs and we didn't receive payment for that project, then what should we do in this case if the payment deadline of 45 days is going to end.

Please suggest.

Regards
Ashu Gupta


Rabiyakhatun Shaikh
27 March 2023 at 16:39

How to cancel CRN

Multiple CRN generated mustakenly ... how to cancel Challn


Kollipara Sundaraiah

sir,
A Registered composition dealer income detailes mentioned below.
1.Sale of medicines for pharmacy busieness rs:80 lacs turnover yearly.
2.sec 194j Fees and tecknicial servicies income rs:30 lacs yealry (health services)
3.Rental income from shops rs:3 lacs
4.Interest income from partnership firm rs:3 lacs
5.Agrilculture income rs:2 lacs
Doubts:
1.Dealer opt composition scheme eligible or not
2.sec 194 j income taxable or exempted
3.rental income and interest income taxable or exempted
4.Agrilculture income taxable or exempted.





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