An Indian LLP wants to open a branch in Singapore, what will be the compliance which is to be followed in india?
Sir,
Partners of partnership firm want to dissolve firm.And want to create Proprietorship firm now.
I want to know what are the formalities have to be followed. one of the partner want to retain the same name of the partnership firm in his proprietorship firm,is it possible. whether dissolution of partnership deed has to be created.
Please guide.
Sir,
As per New Rule, ITC 20% Under Rules 36 in GST I am having following:
My october Purchase input is SGST 10,800 CGST 10,800, IGST 1598.94
both purchasers are quarterly filing, so in this october month ITC will not shows in GSTR2A , how to file GSTR3B Oct month, how much input i have to take in GSTR3B the above rule applicable or not.
So I request kindly clarify my doubts
Thanking you
I have income from house rent and bank deposits. No salary income is there. Which ITR is applicable to me.
An Indian employee whose permanent job location and residence is in India working in private sector and temporarily on business visa for short period of time (1-3 months) receives daily living allowance during the stay in other country, will that amount be taxed in India?
If YES,
a. please provide related section which refers to this in the IncomeTax Act
If NO,
a. please provide related section which refers to this in the IncomeTax Act
b. please let me know whether such amount need to be mandatorily mentioned under 'Exempt Income: For reporting purposes' in the ITR form while efiling
How to adjust the amount lying in OTHERS column of Electronic Cash Ledger with monthly liability as in GSTR-3B
GOOD EVENING ALL, IN THE MONTH OF DEC'18 I HAVE CLAIMED CGST(5,00,000) AND SGST(5,00,000) INSTEAD OF IGST(10,00,000). HOW TO RIVERSE THIS WRONG CALIM IN THE MONTH OF SEP '2019 RETURN ? I DONT HAVE ENOUGH CGST AND SGST BALANCE TO RIVERSE THIS CALIM SINCE WE GET ONLY IGST INPUT.
SINCE I DON'T HAVE ENOUGH CGST AND SGST BALANCE CAN I RIVERSE THE SAME WITH IGST BALANCE AS LIKE WE SET OFF WHILE PAYING OUTPUT?
Respected Sir,
An ITR has been filed with wrong TAN mentioned in the Schedule-TDS. The ITR has been processed disallowing the TDS, consequently, a demand has been raised by the CPC.
A request for rectification u/s 154 has been filed after correcting the TAN.
Is it also necessary to respond to the demand notice u/s 245? Whether the CPC will close the demand notice suo moto after processing the rectification request?
Thanks & Regards,
Purusottam Panda
Sir, i have made interstate purchases of 5% from registered person.Transportation of goods done by unregistered person,now what is the taxable provisions regarding transportation? is it exempted or Reverse charge mechanism applicable? If so,then which percentage?
As per Explanation 3 to Sec.2(1A), any income derived from saplings or seedlings grown in a nursery is deemed to be agricultural income.
Also, Clause (a) to the said section states that any rent derived from Land which is used for agricultural purposes is agricultural income.
If so, can it be said that Land rent recieved from an nursery is agricultural income?
FEMA