S Ganesh

Sir, This August 2020 One machinery Purchased Value of Rs.10,00,000 @ GST 18% Rs.1,80,000/-, ITC Eligible to claim Rs.1,80,000/- for this August ? or any restriction to claim ITC ? if restricted how many years and Percentages ?
Please guide me and Thanks in advance


suresh
28 August 2020 at 15:12

Accounting entry

how to accounting PMGKy benifit


K BHEEMA REDDY
28 August 2020 at 14:56

SEC 80C AND 80D

Dear sir,
i have one doubt, while claiming 80D deduction or 80C deduction only premiums considered or premium+GST considered.
Please tell me the Relevant Provision or Notification.

Thanks in advance,
Regards,
Bheema Reddy.


Kollipara Sundaraiah online

A gst registered regular scheme dealer converted to composite scheme w.e.f.01-04-2020.but dealer 2019-2020 three b2b invoices missed in gstr3b and gstr1.
Question:
Dealer missed three b2 b invoices how to shown producure in gstr3b and gstr1 in 19-20.


JITENDRA RAMESH MORE
28 August 2020 at 12:32

Donate machinery to trust

Dear Sir\Madam,

We are trading in machinery & we would like to give used machines to the charitable trust as a donation. So require suggestion from your goodselfs, how to generate invoices? & GST will be applicable.

Thanking you


Dharam Pal

.For FY 2018-2019 the ITC Rs. 3116/- for the month of March 2019 is reflecting in GSTR-2A as per GST Portal but only Rs.416-/- is reflecting in GSTR9 under table 8 and Rs. 2700/- not reflecting in GSTR 9 Under Table 8 as supplier has filed GSTR 1 after due date . Please suggested how to rectified in GSTR9.
Mob.No.9810600330


M Shaikh
28 August 2020 at 11:51

CA as guest Lecturer

Can a practicing CA be a guest lecturer at college.


VK RAVI MOHAN VARMA
28 August 2020 at 10:56

Indian Namkeens

Hi I have a small namkeens manufacturing unit in Sikkim, in the name of " TIRUPATI " . We pack the products in polythene plastic pouches with TIRUPATI printed over it, with date of packing, best before date, weight and mrp . But we have not registered the brand name " TIRUPATI " anywhere. Our monthly turnover is 3 Lacs plus. Will it be treated as a branded sale ? What would be the incidence of GST slab applicable ? Regards.


M Sairam
28 August 2020 at 10:33

Deemed Dividend & Cash paymnet >10000

Dear Experts,

1. Deemed Dividend u/s 2(22)(e) is fully exempted u/s 10(34) or 10,00,000 is exempt u/s 10(34) & balance after 10,00,000 Chargable u/s 115BBDA?

2. A partner drawn >10,000 from petty cash in a day. Whther Sec 40A(3) is applicable to partner drawings ? my View is Sec 40A(3) is related to expenses of the organisation so in my question, drawings are not all a expenses so it is allowed u/s 40A(3).


MOHAMMAD YASEEN

Dear Expert,
I have balance ITC Showing in electronics ledger balance on 31st March 2020,
But I have not applied refund it's automatically adjusted in April 20 returns
Please advise this is correct or not
Or payable amount paid by Cash for April months returns






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