AN ASSESSEE WHO CONSTRUCTED A FARM HOUSE FOR 225000 DURING THE FINANCIAL YEAR 2018-2019 IN HIS RURAL AGRI LAND. HE SOLD THE AGRI LAND TOGETHER WITH FARM HOUSE OUT OF SALE RS. 395000 PERTAINING TO THE FARM HOUSE. i WANT TO GAIN ON SALE OF FARM HOUSE IS TAXABLE AS SHORT TERM CAPITAL GAIN OR PROFIT ON SALE OF AGRI LAND. tAX CONSEQUENCES?

Hi,

can we claim Unclaimed GST ITC Fr FY 2019-20. if so then what is the deadline of it.

Dear All,

My query is as follows:

Mr. X was a proprietor earlier, converted his proprietorship into partnership firm by introducing his earlier assets in the partnership firm. The partnership firm is registered under GST.

Now Mr. X is exiting from this partnership. The rest of the partners have decided to pay him on his exit like his share of profit, remuneration and goodwill.

Here I wish to know whether the partnership is required to charge GST on this payout to the exiting partner? At what rate, will it be charged?

I will be happy if anyone elaborates this situation also.

Kindly revert.

Thanks & Regards,
Suraj

Dear respected sir/madam,

Im a Accountant one of my client have not paid to RENT past from 01 year but im deducted TDS 10% every month and im taking/ claim input also
but he is not (landlord) upload the gst tax amount but im claiming every month past one year
so now what can i do ,, im not paying rent because he is not asking the rent if we are asking the rent he will not send to me ,
so can i claim the gst Input tax when i file, and can i deduct the TDS 7.5% on rent , but im not sending rent

Please suggest me

Thank You
SANJAY HG
99 6460 6463
SSSANJAYHG@GMAIL.COM

Respected All Sir,
While preparing GSTR-9 it is found that the party not paid liability on Rs.68000/- i.e 2040 @ 3%. Now How to pay it ?

Hello,

I'm working as Technical Engineer in a software company based at Bangalore. My family is moving permanently to London. I don't want to lose my current job and ready to work from London for same company. My salary would be deposited in my SBI bank account like usual. Do I need to report this to anyone ? Do I need to pay Income tax in both countries ? Do my current company need to complete any compliance for me ?

Please advise
Many Thanks !!

Hello Experts,

Can we issue GST Tax Invoice before getting GST registration approved,
for example my date of registration as per GST portal is 20-08-2020 and i am issuing invoice with date 18-08-2020 after getting GST registration approved.

GTA registered in MP and RCM applicable on GTA
some input tax credit are shown in GTA GSTR 2A
i need help whether
1. GTA file nil return and ignore itc or,
2. while filing 3B GTA need to first claim GSTR 2A itc and then reverse it or,
3. GTA have to show GSTR 2A itc as ineligible credit.

I am going to open my own small manufacturing business for making of herpic, finayal.
Manufacturing name is KB Home Industry. Can i use "Industry" word for my business name.

SUBJECT : REGISTRATION FOR SERVICE PROVIDERS

DEAR SIRS : AN UNREGISTERED SERVICE PROVIDER ( COMMISSION ON SALES ) WHOSE TURNOVER IS LESS THAN RS.TWENTY LAKHS IS BASED IN DELHI. HE IS PROVIDING SERVICES (COMMISSION ON
SALES ) TO A GST REGISTERED DEALER IN RAJASTHAN.

COMMISSION ON SALES IS NOT COVERED UNDER REVERSE CHARGE MECHANISM.

PLEASE LET ME KNOW :

WHETHER SERVICE PROVIDER MANDATORY REQUIRED TO BE REGISTERED UNDER GST OR NOT ? IF
REGISTRATION IS NOT REQUIRED THAN HOW GST REGISTERED DEALER WILL PAY GST UNDER RCM. KIND REGARDS