A person registered composite scheme gst trading for jewellery business.
A person another income majuries collections and income from interests(money lending business).received
My question majuries collections and interests income gst applicable or not.

Hello,
I'm from Kerala I want to write icai exam in Mysore but I can't understand the exam center in Mysore please help me

X leaves a will by which he bequeaths residential house to his daughter with the condition that his wife shall be entitled to enjoy income from the house during her lifetime. This property is sold by the daughter during the lifetime of the wife. The buyers pay a sum of Rs.3 lakhs to the wife for surrendering her right to enjoy income from the house.
TDS @ 1% also is deducted by the buyers u/s 94IA.
Query is whether the sum of Rs.3 lakhs is assessable as capital gains in the hands of the wife.
There is no cost for this right. So, on the ground that computation of capital gains fails, can this receipt be treated as exempt.. Kindly enlighten

Sir, I want to know about hostel income, Under which head the above income should be taxable.
Assessee received rent from his hostel (Food, Transport facility not included). How we deduct expenditures and get net income. Please give me an example.

Hi,
I have a doubt my brothers company incorporated at 27-03-2018. he is not filing her annual returns of that 3 days. my question is what is the rule for filing of annual returns in this case.

XYZ is carrying out job work for PQR. Both XYZ and PQR are related since having common directors. All the expenses incurred by XYZ such as salary, water bill, electricity bill etc. are initially borne by PQR and while paying the job work charges to XYZ, the same are recovered and net amount is paid to XYZ by PQR. Is PQR liable to pay GST on the amount initially paid for expenses on behalf XYZ being related persons?

I am sole properitor of ready made garments and during this my year shall be as follows :-
a) Taxable Sales 35 Lakh
b) Rental Income 15 Lakh

As per new provisions, if goods sales is below than 40 Lakh, no registration require? Please see and clear me whether am I liable for registration as overall limit exceeds 40 Lakh but individually below 40 lakh.

In respect apartment owners association upto Rs.7500/- per member and per month exempt from by virtue of notification.
1. My query is suppose the member is having more than one property(one self occupied and remaining are letout) and all put together is in excess of the limit. Even though the tenant has paid the maintenance charges to association he is not the member of the association and the association has prepared an invoice in the name of original owner. How to deal with such situation from GST perspective.
2. In respect of common hall of the association for which the member has used the hall on payment basis. Whether while calculating the limit of Rs.7500/- the aforesaid services has also been considered or not.

DEAR SIR

ONE OF MY CLIENT SENT VEHICLE TO ANOTHER PLACE TOTAL 1500 BOX OF TILES BUT 420 BOX WITH BILL AND 1180 BOX FOR WITHOUT BILL.

SALES TAX OFFICER DETAIN VEHICLE AND PROVISION FORM 10 AND CALCULATE TAX AMOUNT OF 58320 AND PENALTY OF TAX AMOUNT 58320 BUT ALSO COSTING AMOUNT OF WITHOUT BILL WHICH IS 324000. SO TOTAL AMOUNT IS PROVISION 440640.

SO MY QUESTION IS THERE ANY PROVISION FOR RETURN OF THIS PENALTY AMOUNT.

In GSTR-3B gst on purchase return are are require to add in output tax liability or reduce from all other ITC under Eligible ITC and show net net ITC only which is correct treatment of ITC on purchase return in GSTR-3B pls. reply.