dear
experts iw would like inform you that, iam accountant for a sales agencies particular product its registered under gst. we have branch in another place of other dist of same product.
we are moved stock to our branch .
my request your good office shall i make e way bill. suppose could make e way bill what head selected in eway portal . my goods taxable value of rs. 87398 under 18% gst
thanking you
by kaja

How to file eform for DIR-3 kyc details for FY 2019-20

Dear sir/Madam,
i have salary income after standard deduction and PT - Rs. 198800
Chapter v deductions - Rs.106277
i have professional income (194J) - Rs.148000
I have speculative profits from intra day trading - Rs. 1524
I have loss incurred from Non speculative business - Rs. 110842
Expenses incurred while doing the business as per the - Rs. 47923
trading statement
F&O turnover as per the statment is 172 lakhs
from the above, please guide me as follwos
1. which itr to file ?
2. if ITR 4 to be considered so what shall be turnover part on which presumptive income will be calculated?
3. if itr 3 to file what shall be corse of action to be followed?
4. Tax audit applicable or not?
your help would enable me to move forward with further procedure.
Thank you all.

GST RCM ON PURCHASES FROM UNREGISTERED DEALER IS
SUSPENDED TILL 30.09.19.

NOW FURTHER NOTIFICATION IN THIS REGARD IS NOT SEEN.

PLEASE GUIDE US.

Respected Sir,
As regarding above subject, My query is that I purchased a mobile phone in month of july-19 from a gst registered dealer & took credit in july-19 on his invoice afterwards I came to know that that dealer canceled the invoice on which i took credit & shown in GSTR-3B of July-19 , In this case do I have to reverse the credit or else. Please reply.

Sir,

I am presently working at government organization and my wife is also teacher. Can you tell me please whether my savings under LIC Policy under 80C can be claimed by my wife under income tax act.

Respected Sir,
As regarding above subject, my query is that according to 37th gst council meeting the gst rate on job work has been reduced from 18% to 12% from 01-10-2019 as we are dealing in brass products deriving hsn 74040029.Please reply.

Professional fee invoice of Rs. 1 lacs plus GST @ 18% was received from ABC ltd on 25th may 2019. the same was paid on 05th June 2019? What will be journal entry for same and its effect in profit and loss account and balance sheet?

In clause 16(b) of Form 3CD we have to reflect...
Amounts not credited to the profit and loss account, being, -

b. the proforma credits, drawbacks, refunds of duty of customs or excise or service tax or refunds of sales tax or value added tax or Goods & Service Tax,where such credits, drawbacks or refunds are admitted as due by the authorities concerned;

In my client's case, he received refund of IGST paid on Export of Goods. Same is not credited to Profit and Loss account. Whether same will be reflected in clause 16(b) or not?

Further, any amount reflected in clause 16(b) will form part of Income from PGBP or not?

DEAR SIRS : ONE OF MY CLIENT RECEIVED PURCHASES VIDE E WAY BILL DATED 04-06-2019 WHERE AS THE ATTACHED TAX INVOICE SHOWS DATE AS 29-05-2019.... PLEASE ADVISE ME HOW TO TAKE EFFECTIVE DATE OF PURCHASE IN MY BOOKS...... SECONDLY WHAT IS LEGAL DATE GAP SHOULD BE OBSERVED BETWEEN DATE OF TAX INVOICE AND DATE OF E WAY BILL... REGARDS