If commission income is 1crore 21 lakhs and net profit is above 20% so it is liable for 44AB or filed the return in 44AD taken as Presumptive income.

The companies are maintaining canteen for employees particularly the number of employees exceeds 250. The company is recovering cost (part of the food) from employee salary and contributing cost of the food. The all the vegetables, grocery , milk and fuel have been purchased by the company in their name.

There are two point of view that recovery from employees for canteen is subject to GST as outward supply and another view that no GST is payable.

Recently one advance ruling is given in Kerala stating that GST is payable for canteen recovery.

I request expert view of whether GST is payable or not for canteen recovery of employees.

computer accessories purchase then this item come which head in account
and purchaser come which head..and how to pass entry

Dear Sir,

Could you please confirm whether we can claim ITC on the motor car repairs & maintenance bill or not.

If not then how to Interest rate will be consider for wrong ITC taken on motor car repair & maintnenace bills

Please revert on the same.

Hi,

I am starting a restaurant, taking a franchise from a established brand.

1. Do I need to cut TDS on one-time franchise fees paid to the franchise along with GST?
2. Do I need to cut TDS for the kitchen equipment supplier as I am already paying him GST?

Thanks

My Client is running a petrol pump. He has purchased a Oil tanker for carrying petrol or diesel on behalf of HPCL. My First question is whether my client is eligible for input of Gst of oil Tanker. Second Question is that Whether My Client have to pay gst on freight charges OR HPCL have to pay reverse charge on such freight.

We have received bill from Out Sourcing party for Housekeeping and security services
In this bill party charged additional Management fee (10% of Housekeeping and Security services fee)
TDS deducted 2 % u/s 194C on Housekeeping and Security services
which section is applicable for Management fee

i have house and i am paying loan of the same now i wish to close it by paying lumpsum
which of the following is it the right way to clear loan
i.if my wife directly pays remaining amount from her account as she is working teacher
ii. i receive cheque from my wife for remaining amount and pay to builder
what will be income tax liability in either case
thanks

Dear Experts
We are registered dealer of mahindra vehicle. we purcahsed old vehicle from customer and sale to other customer.
we pay gst only on the margin we earned.

do we doing right

Dear Expert

Kindly advise we are manufacturer and sending our raw material to Job Worker, now we are purchasing raw material from our supplier and informed them to raise a bill to ship to basis.

Supplier is in Karnataka and we are also in karnataka but our Job worker is in Tamil nadu

for the above we have informed our supplier raise bill to us and mention ship to address to our Job Worker located in Tamil nadu,

Is it possible in current law or not kindly advise and our supplier has to issue CGST AND SGST

Kindly advise sir.