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RONI
12 January 2020 at 15:25

Contractor

Sir
What is gst rate for contractor in case of government projects and non government projects and labour contracts


Deepak Gupta

I booked the flat on construction linked EMI plan in 2011 and got the possession in 2017. However builder also charged me Interest on delayed payment of EMI. Please suggest If I can claim this interest u/s 24 of the income tax act.
For example, if the interest amount is Rs 100, Can I claim 1/5th of the same Rs 20.00 in next 5 financial years after possession u/s 24 or other section of the IT Act.

Please suggest along with IT rulings and case study in such cases.


jagdish jakhar
12 January 2020 at 14:51

Trust management committee

any one tell me build management committee of trust and format of management committee of trust and what is registration process of management committee of trust


Deepak Khatri

I have one query. I had taken a Top up loan of 28 lakhs and I am going to transfer the amount into my Sister in laws account as they are going to purchase a land. Are there in tax implications.


Sagar Panchal
12 January 2020 at 11:54

GST REGISTRATION APPLICATION CANCELLED

DEAR SIRS

I APPLIED FOR GSTN WAS CANCELLED BY OFFICER.
THEY RAISED FURTHER REQUIREMENTS LIKE AUTHORITY LETTER OF PARTNER AND RENTED PLACE OWNERS ELECTRIC BILL OR TAX BILL.
THE ELECTRIC BILL AND TAX BILL WERE ON THE NAME OF SOCIETY AND YET NOT TRANSFERRED TO OWNERS NAME. I ATTACHED AUTHORITY OF PARTNER AND REPLIED THAT THE PROPERTY TAX AND ELECTRIC BILL IS YET TO TRANSFER TO FIRM NAME.
THEY CANCELLED APPLICATION OF REGISTRATION OF GSTN YESTERDAY

PLS GUIDE CAN I APPLY FOR THE SAME AND MAY I KNOW PROPER REASON FOR REJECTION OF THE SAME ?
REGARDS


TARIQUE RIZVI
12 January 2020 at 11:48

GSTR-3-B & GSTR-2

Respected Sir,

While filing GSTR-3-B for the month of December 2019 whether we should refer to GSTR-2-A before filing GSTR-3-B and it is also advisable to me as on which date for the month of December 2019 we should file GSTR-3-B


Manish
12 January 2020 at 11:39

Is Excess Leave affect Final Eligibilty

i have read your article
my attempt is due on may 20
but i have taken excess leave
whether am i eligible or not


karan kumar

Dear Experts!
In case of inter branch goods transfer, it has been always queried that how to determine the value of goods. Whereas second proviso of rule 28 CGST rule state that Provided further that where the recipient is eligible for full input tax credit, the value declared in the invoice shall be deemed to be the open market value of the goods or services,
However In view of above explanation since the inter branch is distnict person also eligible for full ITC hence as per these proviso we can even transfer the goods at the zero value because it is stated that value declared in the invoice shall be deemed to be open market value'

Pls share your valuables views on this....

Thanks & Regards
Karan Kumar


VIPIN GUPTA
12 January 2020 at 09:08

GST IN CASE OF E COMMERCE OPERATOR

I want to start the business as e commerce opertor. I will register the vendor on my site and the products will be choosen by the customer and will be deliverd as per the details of the customer. I will collect the amount and remit the balance deducting my commission. My concern is all the vendors are from out side the india. The products will come from abroad and will have to make payment. How i will deduct TCS do they have to take registration in India. And i have to pay GST on commission income or all the sale made on my portal and net of itc on purchases made.


Bhawna Bihani
12 January 2020 at 06:41

Section 54

Mr. A has sold a residential house in his personal file. Now he wants to invest the funds for purchase of a hotel, ie a commercial property. The investment will be routed through a company in Mr. A is a director.
A. Can such routing of funds enable him to avail exemption u/s 54?
B. Can he do the investment in personal name in the hotel and avail exemption?







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