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EASYOFFICE


Shraddha Kirve
20 January 2021 at 11:20

Composition scheme in GST

Hi, My client is providing business consulting service as well as renting of immovable property services.
Can my client go for composition scheme under GST ? Can anybody please help me in this.


CA Parul Saxena online
20 January 2021 at 09:48

GST Notice received how to reply

Department is sending various notices like 2A and 3B difference of FY 19-20 and 1st quarter of 2020-21...what to do?
In FY 19-20 rule 36(4) was implemented in oct-nov 19..so there would obvious be difference before this period...
How to reply the same? Whether we are supposed to visit the department?


SURESHAN
20 January 2021 at 06:51

Change in the Constitution of business

An engineering is practicing as a consulting engineer and he had taken a GST registration. The profession was carried for more than 4 years and during the last year, he had purchased some computers and peripherals against which GST input credit was taken. He is also having furniture and other assets. Now he had setup an new consulting llp with two other engineers for which GST registration was also taken. All the assets of the old business was taken over by the newly constituted LLP. Now the old business wants to close its gst registration and book the entire things in the new business. What are the formalities/conditions to be taken care of


Ragini

HDFC LIFE ULIP Plan
Premium- 1lakh/year.
Tenure-15 years
Insurance amount- 10 Lakh
Started in Feb 2014.

So, it has been 7 years since I bought this ULIP and now I want to surrender it as the lock-in period of 5 years is over.

I can surrender it and get full fund value as it is more than 5 years. My question is

1) How will this affect my 80C deduction (which I have already claimed) especially for the last 2 years?
2) What is the tax implication for surrender value? Is it fully exempt after lockin period?


Sakshi Chaurasia
19 January 2021 at 21:37

Cma registration

I have opted for regular instead of 10th passed and I have not paid yet can it be corrected??


vikas ghodke

My friend work with swiggy and he got the amount from third party weekly. Third Party deduct TDS u/s 194C. Which ITR should he filled?


Pragati Sharma
19 January 2021 at 16:29

Value of Supply - Urgent

A trader is selling goods at Rs. 4500 per ton to its customers. He makes GST invoice with HSN of goods of Rs. 4500+taxes and files GST returns. Rate of tax 18%

Later on, it was found that the actual value of goods was Rs. 2500 and Rs. 2000 was freight charges because goods were delivered by the supplier at customer's place. Rate of tax = 18%.

Whether it is mandatory to present freight charges separately on the invoice under different HSN although the tax rate will be same 18% for freight?


Kollipara Sundaraiah
19 January 2021 at 16:27

Money transfer service

A person some amount cash deposit rs:10 lacs cash deposit in bank account.if a person this amount used customers online mode payment through on Google pay and phone pay mode paid. transfer amount after service charges received from customers.
Question:
A person services charges income gst registration and I .t.return filed compulsory.


praveen
19 January 2021 at 14:19

RE : Annual Returns

Dear Expert,

Does the company having turnover of Rs.60Lakhs required auditor authorization for gst annual returns for the year 2019-20.. and what is the due date for the annual returns for the financial year 2019-20


sunil saini
19 January 2021 at 13:50

ACCOUNTS

Depreciation calculation in partnership firm, LLP Partnership firm, & Pvt ltd company