T_FV_6351 Applicable and Mandatory For Financial Year 202324 onwards 'Other special allowances under section 10(14)'.
we had paid GST for security services under RCM category can we claim this ITC against our flat sale 5% GST payable.
Example: received Rs.10,00,000 against sale of flat+ Rs.50,000 GST(5%) payable Rs.50,000/-
we had paid RCM for security charges Rs.2,00,000+36,000 RCM(18%) deposited by us in GOVT.Treasury.
Now can we sett off above Rs.36,000 against our liability of Rs.50,000 and pay balance Rs.14,000/-?Please advise
with regards,
Manoj Nagdev
Mob 9323498800
email:Nagdevmanoj@gmail.com
HELLO SIR,
ONE OF MY CLIENT FROM MP HAVING HOUSE PROPERTY (COMMERCIAL) INCOME AND BUSSINESS INCOME BOTH SO WHAT WOULD BE GST THRESHHOLD LIMIT (40 LAKH OR 20 LAKH). PLEASE SUGGEST.
I understand profit from buyback of shares needs to be shown under "Exempt Income" in ITR.
However under "Exempt Income" there is no option of section 10(34A) to be selected. How to show?
Dear Experts,
If an individual gifts property to wife or children without any consideration, then that transfer will not be subject to any tax.
However rental income from that property will be taxable in whose hands? transferor or person receiving the gift? Will these attract clubbing provisions?
Sir, Madam.
I have a Mediclaim policy provided my employer, can I claim the amount of this Policy under section 80D in my income tax return.?
Thank You..
Regards
Rakesh Yadav
sir One property purchase jointly with my wife but total rent amount transferred in my bank account. please advise the total rent may be shown in my Income Tax Return. Yadi mein ITR 2 me Co-ower per tick karta hu to veh rent to divided ka deta he please resolve my problem.
D P kapoor
9810600330
I am NRI from +10 years.
In FY 2024-25, I will be out of India for 183 days and balance days will stay in India. Will I be considered as NRI
(1st April to 1Sept overees)
A is a Sub-Contractor registered in Haryana got a contract from a Contractor who is registered in West Bengal to Construct a school in Haryana .My query is that what will be the place of supply in this case. Can the contractor take ITC of invoice raised by sub-contractor.
Sir,
Employer pays to employee Rs.28900 (after deducting 500 from their salary),how to treat the same in books of accounts and whether deduction can be claimed by employer or deduction can be claimed by employee
TDS ANUXURE 11 CORRECTION ERROR