DEAR MADAM/SIR,

PLEASE ANY ONE GUIDE ON THE TOPIC OF GSTR- 9 ANNUAL RETURN FILING. MY DOUBT IS WHETHER JUST TALLY THE AMOUNT OF TURNOVER DECLARED IN THE 3B RETURN SHOULD BE MATCH WITH ANNUAL TURNOVER AUTO POPULATED AND PURCHASE FIGURES EVEN MATCHED WITH ITC CLAIMED WHOLE YEAR.

MY QUESTION IS WHETHER THE EXPENSES MEANS LABOUR, WAGES, SALARIES, ELECTRICITY, TELEPHONE, VEHICLE MAINTENANCE, OTHER EXPENSES. EVEN CASH PAID PER DAY WITHIN THE 5000/- LIMIT OR ABOVE. IS ANY GST PAYABLE WHILE FILING THE ANNUAL RETURN PLEASE SUGGEST ME HOW TO FILE OR CORRECT THE RETURN

REGARDS

Sir,

We are running a school in a Rented premisses. We are deducting TDS on our payment of rent to the landlord.

In the previous year ( FY 2017 - 18 ), we have made an excess remittance of TDS, equalling to TDS on 2 month's rent and this amount has been made in a separate challan. We have mentioned the Assessment Year as 2018 - 19 in that challan.
While filing the TDS return for the previous FY ( 2017 - 18 ), we have not mentioned this payment in the return.
Now, can we adjust the said TDS amount in our TDS return for the FY 18-19, since the AY in the said challan is " 17-18 " . Will the system accept this ?

If not, what is the remedy. Psl. Advice.

For the FY 2017-18, Excess ITC already claimed of Rs 16000/= ( approx ) by mistake OF DOUBLE ENTRY OF PURCHASE BILLS considered in GSTR 3B.
But now at present as on 22/05/2019, Input Tax credit as per GST PORTAL is Rs 17000/= approx .
my question ?
1) What is the remedy to reverse the Input Tax credit already claimed by mistake of Rs 16000/= during FY 2017-2018 ?
2) Is there any time limit present for reverse the wrong ITC claimed during FY 2017-2018 ?
3) Can i adjust wrong ITC claimed For FY 2017-2018 against Correct ITC as on 22/05/2019 ? If yes , then how is it possible ?

Regards

Hello,

There was a liason office, now it is converted to branch office and status of branch as per PAN is trust. It receives the grant from outside india and spend such grants for seeds research and it doesn't earn any income in india. My qustion whether trust is liable to RCM if it received services specified in 9(3).

If I pay a rent of more than RS 50,000 per month to a landlord who is a 'resident', I am required to deduct and deposit TDS @ 5%. I believe this is under section 194. But if the landlord is a non-resident, the TDS deducted and deposited is under section 195. If this understanding is right, I want to know what is the rate of tax deduction. Also is the limit of Rs 50000 is still applicable or is there any limit at all and I must deduct TDS even at lower rent.

Respected Sir/Madam,
An Assessee has made a contract with contractor (Called ABC Ltd) for Construction Work. Now an assessee is making payment to third party on behalf of ABC Ltd for material purchase than TDS U/s 194 - C is applicable. Also Bill for the material is to the name of ABC Ltd. Only an assessee is making payment on behalf of ABC Ltd nothing else. So Suggest me about the applicability of TDS.

Thanks & Regards
Jignesh Selarka

Hello,

One of my friend (Indian Resident) is employed with a Singapore based company and works out of India. He however receives salary in USD into his Indian bank account. His salary is divided into 1. Basic and 2. Other allowances. His income falls in tax bracket, he need advice on Tax implication

1. Tax is being deducted by Company as per Singapore law. Do the company still liable to deduct TDS u/s 192 as per India Income tax act?
2. How does employee gets the benefit of TDS deducted as per Singapore law? what document he will require from his employer for the tax deducted.
3. Under other allowances can he ask his employer to include tax exempted allowances like LTA etc.
4. Like Indian company give form 16 based on which return is filed by a salaried employee. Is there any form or certificate required from foreign company for filing the income tax return?

Thank you

Sir / Madam,

My query is relating to GST rate to Sub contractor where the GST rate is "Nil / Exempted" to Main Contractor.

The Main contractor is providing service to Local Authority (Municipality), which is exempted under GST.

The Main contractor is asking sub contractor to invoice without GST, stating it is exempted service (to govt). Further main contractors finance staff is explaining that, the rate to sub contractor will be same as rate to Main contractor.

Requesting kind opinion.

One gst registered composite dealer trading for kirana goods taxable and exempted goods selling.
1)Tax payble rate 1% on taxable goods only is correct or incorrect
2)At present freight charges paid 5 thousand above rcm applicable.

Sir, My tax practioner filled GSTR3B of my firm from July 17 to Nov 17, at the time of filling of return he entered Interest for delay payment of GST in the month of Aug 17 & Sep17, amount of which i think wrong. But when i chased him for his mistrake , he says that the Interest for late payment of GST for the month of July was automatically calculated at the time of filling of GSTR3B for the month of Aug & for Aug at the time of Sep.by the GST portal.My question is it actually possible that Interest was automatically calcuate at the time of filling GSTR3B of current month for previous month.by the portal, kindly explain, Also he does not mention any exempt sale, non gst item &Hsn code in anywhare of the returns.

Read more at: https://www.caclubindia.com/experts/interest-calculation-automatically-under-gst-2737724.asp