Shraddha
27 February 2019 at 14:31

Msmed certificate

Dear Experts, Please let me know MSME certificate is District wise applicable or is it applicable for whole enterprise?
Actually our company is registered as SMALL under MSME Act but certificate has issued DISTRICT INDUSTRIES CENTRE , AHMEDABAD Government of Gujarat as our factory is at Gujarat and company's registered address is Mumbai, Maharastra. So, please guide me may I use the MSME certificate for the Mumbai customer.


ch.satyamnaidu
27 February 2019 at 14:30

Sales invoice

Respected Experts,

Good evening

Please provide clarification.

We are dealers of supply of coal .we rise invoice like this.

1.Basic value =1000
GST5% =50
CESS = 400
SubTOTAL =1450
TCS as IT act 1% =15
Total invoice value =1465

Some other people says like below
2..Basic value =1000
TCS as IT act 1% =10
GST5% on 1010 =51
CESS = 400

Total invoice value =1461

Which is correct 1 or 2 ?? Or any other please suggest me
plzzzz


Ajaykumar Chaudhary
27 February 2019 at 12:37

E-way bill

Dear Experts,

I have registered for Gujarat State only but I have Works Contracts projects in other states. I am going to purchase Material from Gujarat for other state's site (e.g. Maharashtra). How's the supplier will generate e-way bill for delivery in Maharashtra? He will issue bill with CGST&SGST but please guide on e-way bill issue.


Dinesh Singh

AS PER RULE 6(5) OF VALUATION RULES Value of supply for used goods shall be the difference between the selling price and purchase price. AND section 2(6) says the aggregate value of taxable supply is aggregate turnover.
Does it interpret that turnover of used goods is selling price- purchase price?
If I am registered under composition scheme will this be considered as a turnover? (selling price- purchase price).


Shantam Singh
26 February 2019 at 23:02

Regarding aop status

Sir,
Actually My Grand Father had started a partnership firm in 1987, that time he had applied for pan card through a Advocate he got a pan card (No:- AAAAJXXXXX), he had done Firm registration from Bihar Firm Registrar Under 1932 Act 58(1) till there no issue.
But last year when i had changed my Bank, and applied for other current account then came to know that My Pan is registered under AOP (Association of Person) and i having partnership firm registration certificate.
Now we are puzzled what to do, we can't change pan card because of Balance Sheet. Please provide me advise.


KISHOR L MEHTA
26 February 2019 at 20:41

Gst on commercial rent

PROPRIETOR PERSON HAVING BUSINESS INCOME BEYOND 20 LAKH ALSO EARN COMMERCIAL RENT INCOME BELOW 20 LAKH IN A YEAR BUT NOT CHARGE GST ON RENT INCOME CAN HE APPLICABLE TO CHARGE OR NOT


AMITA BANSAL
26 February 2019 at 19:17

Notice for defect u/s139(9) error code 311

I have received a notice from department stating that there is defect in the ITR filed for AY18-19. I had filed ITR-3 for lic agent having some agricultural income .I had filed the return with sale of goods, agricultural income and some petty expenses with TDS ( tax refundable). Error Description - Taxpayer having income under the head “Profits and gains of Business or Profession” but has not filled Balance Sheet and Profit and Loss Account as required in explanation (f) under section 139(9) read with section 44AA. Probable Solution - The Part B of the Profit and loss account and Part B of the Balance Sheet (i.e No Account Case Section) should be entered in the corrected return without which the return filed earlier is liable to be treated as invalid. Please let me know what correction I need to do?


seeta
26 February 2019 at 18:21

Tds on salary

Mr X is proprietor and Paid salary for the FY 2018-19 to Mr R Rs.324000.00 (27000 X 12) and Mr R having no investment.

My question is
1. Should I have to deduct the tds and file return.

Please reply.


CA jignesh daiya
26 February 2019 at 17:18

Tds on salary interest

if company deduct tds on salary from last month only because information of employee investment is not available with company till salary of Feb month , whether company would be liable to pay interest on non deduction of tds from salary ?
please reply it's urgent.
IF Possible please mention circulars or para of section
Thanks in advance


hetal sangoi
26 February 2019 at 15:10

Tds ans responsibility of deductor

What a deductor must do? whcih section of income tax says .

Nature of transaction of capital gaIn whether it is LTCG or STCG how deduct-or knows while filing return statement of TDS ?





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