Naveen Kumar Jain
16 January 2020 at 13:54

Reverse charge on rent paid

Is reverse charge applicable as per latest rules in following situation:
Land lord is unregistered. Tenant is registered
Property on rent is premises being used as commercial property
Rent is Rs 30000/- per month


Praveen
16 January 2020 at 13:48

CA Final Re-validation

I had to discontinue the course 10 years back after passing CA Intermediate under the old course. Now I wish to appear for CA Final this year. Can someone please guide me with the formalities.


Raju
16 January 2020 at 13:39

Career

hi,
i completed my MBA (finance). i would like to go for course of SAP. which course i should take..??


RAMESH KUMAR ARORA
16 January 2020 at 13:21

Income tax on amount of compensation

How to depict in ITR,the following amounts received from a builder for not giving a plot.for which 50 % cost was paid more than 7 years back. The compensation has been allowed by State Consumer disputes redressal Commission,
Refund of amount with 12 % interest.Rs 1250550
punitative damagesRs.100000
Compensation for harrasment Rs. 20000


Harikrishnan
16 January 2020 at 13:13

RCM

Our company has registered under GST regime and paid rupees 560(500 + 6% CGST + 6% SGST) to a Regd. GTA. In our GSTR2A of December 2019 has shows the same 6% CGST & 6% SGST. Can we take this credit in our GSTR3B


Aurabinda Sil


Our company a PSU, constructs new electrical sub stations and undertakes up gradation of electrical infrastructures and for this places orders to contractors. Contractors delay in completion of projects and LD is imposed by our company on the contractors and collects LD from contractors by way of deduction from their bills. What will be the treatment of LD in books of accountants of our company, i.e. can it be capitalized / reduced from the values of CWIP/Fixed Assets or can it be shown as an other income in books of account ? Please advise.


Naveen Kumar Jain

An individual is providing writing/ editing services for a house magazine/ book to commercial organisation. It is not an advertising service. He is not covered in the category of professional as listed in 44ADA. But TDS is being deducted under 194J. In his case is sec 44AD applicable or 44ADA, (merely because deductor is deducting tax under 194J or it has no relevance?)


Harikrishnan
16 January 2020 at 12:53

Amendment

Can I Amend/Edit Commodity Name, Address in my GST Profile?


mangesh chitnis
16 January 2020 at 11:37

GST Credit on Mediclaim Policy


I am a Proprietor of a manufacturing unit. I have bought a Mediclaim Policy for me & family. Can I claim ITC of GST of the said policy.

Thanks & regards,


Mahabir Prasad Agarwal
16 January 2020 at 10:35

ITR 3 filling

I am sole proprietor of two firms. Both are to be tax audited. GSTIN of both firms are different. After tax audit, how should I fill ITR 3 ? Whether combined figures of both firms are to be filled in ITR 3 i.e. in profit and loss account and Balance sheet ?