SIR MY QUERY DISALLOWED EXPENSES DEBITED TO P/L A/C LIKE LATE FEE ON GST HOW CAN I SHOW IN SCHEDULE BP IN ITR 5

Hi, I have entered into an agreement with companies in Geneva and Singapore for providing IT consulting services as an independent consultant. From two companies I receive consulting charges in INR while from another company I receive in USD.
Recently, I have setup a proprietorship company for future business.

Request clarification on the following:
1. Is GST applicable on export services?
2. Is income tax applicable on the earnings from export services. If so, what the applicable rate.
3. Can I transfer my individual earnings in the current financial year to my new company books?
4. Is RBI compliance required for both Rupee and USD transfers? What the applicable limit and policy? Do I have to submit any application/ returns with RBI or other regulator bodies?

Request you to pls confirm whether GST is applicable under RCM on Legal services provided to Charitable Trust who is register under section 12AA. If yes than who need to pay the GST i.e. Service provider or Service recipient.

Also confirm whether GST is applicable on legal services provided by Pvt Ltd Co & they charged GST in their invoices & the same is paid by them.

What is the tax implications of transportion services provided by one Goods Transport Agent to another Goods Transport Agent? If such services are exempt from tax and attracts reverse charge, does the supplier have an option to charge GST on forward charge basis?

We have to incorporate a LLP in which there are 3 designated partners, 2 of them are contributing cash and the remaining one is contributing immovable property (land) as his capital contribution,

My query is:

1.Whether the designated partner bringing land will have to pay capital gain tax on introduction of capital asset in the LLP.

2. Whether proper transfer instrument needs to be prepared other than LLP deed.

Thanks & Regards,

Dear,

I have a client having beer shop in U.P , there is no gst on sale of beer, my quarie is he is a retailer he is having bills on which no excise duty is shown whether there is responsibility on our part to check the status of excise duty paid on bills. or what other details i need to report on tax audit

Hello,

I have purchased an apartment recently and am needed to deduct TDS for the purchase. I have the following queries regarding the form 26QB

1. I have paid earnest money by two cheques disbursed from my account on 16 Aug and 22 Aug. I have not deducted TDS then. Can i deduct TDS on the entire agreement value now in one go or do i need to deduct TDS separately for each of the cheques?
2. As the remaining amount will be disbursed by Bank through Home Loan, I am required to deduct the TDS. The actual amount disbursed by bank will be lower than the remaining amount (agreement value - earnest money), as i will also deduct TDS. So in Form 26QB, which value should I put, Agreement- Earnest money or Agreement-Earnest Money -TDS?
3. As my wife is co applicant in home loan, how do I factor her in in the TDS payment.

Regards

whether sec 40(a)(ia) is applicability in case Of Trust or not .If Trust Pays Rs 240000/ as Rent to Individual for running cancer centre .Since Trust does not have Income from Business and Other Sources. Trust is subject to audit under 10B

Mahendra Doshi

I HAVE MADE PURCHASE FROM PROPRIETORSHIP COMPANY NOW WE CAME TO KNOW THAT HE HASNT FILLED GSTR3B , LAST FILLED BY HIM WAS FOR OCTOBER 2018 . NOW FOR THIS WHAT MEASUREMENT CAN BE TAKEN , I HAVE INFORM THE SELLER THAT HE NEED TO FILE THE RETURN BUT NO PROPER REPLY IS RECEIVED FORM HIS SIDE BUT I HAVE TAKEN THE GST CREDIT FROM APRIL TILL TODAY FOR ALL PURCHASE SO WHO WILL BE RESPONSIBLE HELD BY AUTHORITY. US OR THE SELLER OF GOODS.
IS THERE ANY DEPARTMENT WHERE WAS LODGE A COMPLAIN FOR THE SAME AS HE IS STILL RUNNING THE UNIT AND ISSUING THE MATERIAL AND RAISING THE INVOICE
WE HAVE PAID THE SELLER ALL THE DUES BY CHEQUE

One of our client is doing service of google adds to Singapore. Which comes under export of service.
And it is exempted for tax and also they can claim refund of input tax credit.
But my problem is he taken registration from July 2019 only.
But last year he made 80lakhs turnover without GST registration.
How to solve this problem.