Dear Experts. We paid Renewal Fees for Factory license (Inspector of Factories TamilNadu),Whether this fees payment fall under RCM or Exempt from GST Levy. Kindly share your views.........

Can the Profit on Sale of Depreciable Building be considered for the purpose of calculation of Remuneration as the block has become nil.

I am partner in an Partnership firm. Other partner is running firm from several years and he kept hidden that I am other partner of firm as this was old parental firm. Now I want to take legal action against other partner. But for that I need all previously filed income tax/audit reports copies. I asked them for efiling/vat login credentials but both CA and other partner are refusing to give me that. Can I take legal action against CA professional misconduct? And can CA do audit of my firm without my consent as he is doing from so many years?

Dear All Experts,

I have recently asked a query w.r.t. to liability of IGST or CGST+SGST in case of GTA service in the
below case. But till today, I am very confused. My humble request to all the experts please guide met in below equation :-
1) GTA : Delhi based (Regd.), Supplier : Haryana, Recipient : Haryana (Freight paid by Supplier)
2) GTA : Delhi based (Regd.), Supplier : Haryana, Recipient : Haryana (Freight paid by Recipient)
3) GTA : Delhi based (Regd.), Supplier : Haryana, Recipient : Delhi (Freight paid by Supplier)
4) GTA : Delhi based (Regd.), Supplier : Haryana, Recipient : Delhi (Freight paid by Recipient)
5) GTA : Delhi based (URD), Supplier : Haryana, Recipient : Delhi (Freight paid by Supplier)
6) GTA : Delhi based (URD), Supplier : Haryana, Recipient : Delhi (Freight paid by Recipient)

Kindly advise me.

Rakesh Sharma

Dear Sir,
One of my friends (Director in Company) having below income :-
1) Interest Income : 10,20,520/-
2) Salary Income : 5,52,000/-
3) Rental Income : 4,50,000/-
4) FDR Interest : 20,252/-

Total : 20,42,770/-

Should he take GST Registration Number? Should we consider all above income to calculate
Aggregate Turnover.

Also, if we take GST Number what will be our taxable supple?

Please advise.

Rakesh Sharma

Dear Sir

Kindly advise our suppliers are not filed the GSTR-1 within 11th of Sept-2020 and if they file the return after 11th and upto 18th of this month.

Shall we consider that ITC while calculating output liability.

Kindly advise

Dear Professional Friends Good Afternun.
One Of My Client Mr.Raja Sold His Land Rs.35lakhs Which On The Name Of His Wife Which She Is not an incometax assessee due to No Employement.
Raja is an incometax assessee for last 5 years n Same Above money utilised for buying of another land on his name.
In the above case Is it required to file Mrs.raja income tax returns ?
Kindly Guide Me Without Any Further Issue.

A gst registered regular scheme dealer sales transactions of two b2b invoice not report in gstr3b and gstr1 November,december-2019 gst returns.(RS:80,000/- two invoices value)
Question:
Dealer missed two b2b invoice show in gstr3b and gstr1 September-2020 gst returns with interest paid or debit note issue is correct method

Hi

If last invoice number in FY 19-20 was ABC/19-20/MAR/33, then in FY 20-21, can the series be started with ABC/20-21/LBR/34 or is it mandatory to start the series with serial no 1?

Thanks in Advance

Mr A had purchased a plot in April 2006 (cost of acquisition 6 lakhs). He constructed a house consisting of 3 units in Aug 19 ( construction cost 24 lakhs) . Initially it was constructed considering his family arrangement. Now he wants to sell all the 3 units to 3 different persons with 3 different Sell Agreements. Sale consideration Rs. 18 lakhs for each unit. He is holding one flat as on today along with the above said property. He wants to buy a row house in the year 2021.
1. Whether the gain from above is a long term capital gain?
2. Can he apply indexation for cost of construction?
3. Can he claim deduction u/s 54 ( in view of 3 units on the same land)?