In oct 2017 3b i have taken input of IGST of Rs. 519000 by mistake. I reversed that ITC in oct 2018 3b. Now in annual return of 2017-18 this amount is shown an input in point no. 6A, whether i will be entered in point no. 6B or not ? if i not entered in 6B it is shown in difference coloum in 6J, is it OK ? What is the treatment in pt. no. 8 and 12

Hello Experts,
I am searching for a notification/circular for GST on Maintenance Charges from Society - limit Increased from Rs.5000/ or Rs 7,500 (w.e.f. 25th Jan 2018).
But not able to get it. i need it urgently for legal matter.
can anyone please help me to get it?

My client is an Indian citizen, reside at Qatar in F.Y. 2018-19 for employment purpose, at the time of filling ITR its asks Taxpayer Identification No.(TIN) of the specified states, But client says that Qatar has not issue any TIN to the individual , because no tax need to be paid to the individual income at Qatar, so, my query is?
1. What I will fill in the field of TIN No. in ITR in this above case?
2. If no tax will pay the individual for his foreign income in Qatar , is his foreign income deposited in NRE account will tax in India in the A.Y. 2019-20?

Dear Sir,
FY 2018-19 we have purchased some goods from supplier.but In Aug. 2018, s bill supplier has not filed the return. But we had claim ITC in 3B. Still date supplier has yet no file the return. Bill not reflect in 2A .But we have been reversed the ITC in 3B. We tried to connect with supplier but they have not respond to us. Now please advise to us how to adjust the same in books of account.

Hi All,

Need some clarification on below scenario.

I had made investments in Sundaram GILT Fund. It was merged into Sundaram Corp fund last year and the new entity was named Sundaram Corp fund. Here is the notification - https://www.sundarammutual.com/pdf2/2018/Addenda/Notice_cum_Addendum_Merger_of_Sundaram_Gilt_Fund_with_Sundaram_Corpor.pdf

The Capital Gains statement I received from Sundaram MF shows the units in Sundaram Gilt fund as being redeemed at the point and all the gain is shown as LTCG. Is this correct way of showing this for IT returns? My understanding is that since it is merger at the MF end, it will not be treated as redemption and purchase and net capital gain due to this will be 0. Can you pls provide some guidance?

Also, I sold some units post the merger. The statement I received shows the gain there as Short term capital gain by assuming the switch in price when merger happened as purchase price. This, again, I believe is wrong. I believe I would need to calculate the LTCG based on my original purchase and looking at the units which got redeemed now and calculating the difference as LTCG.

Pls advise on these and if there is a standard way provided to calculate tax in such cases, pls point me to that - will be highly appreciated.

Regards
Abhishek

Sir

In case of Property inherited thru WILL, Period of holding of original owner ( Who acquired it himself before his death ) and its cost is to be considered for computation of capital gain. But what should be date from which indexation in hands of assessee is to be applicable when original owner acquired asset prior to April 2003 and father expired in May 2014. Son sold property in 2017. Can he claim indexation w.e.f 2003

Pls guide.

Can a Revised invoice be issued for regular supply or it can be issued only for transactional phase between the date of application till the date of registration

In section 138 of the companies act, company is mandatorily required to appoint an internal auditor if turnover criteria is met. The question is - TO of the company for fy 16-17 us 201 crore hence appointed internal auditor in fy 17-18. Now assume the TO of the company for fy 17-18 is only 180 crores. In such a case is it necessary for the co. To appoint internal auditors for fy 18-19?

Nature of Business :- Providing topographic survey services as well as engaging in civil construction work under the same firm.

So should we file it under section 44ADA or should follow 44AD ??

1) XYZ is registered with ‘MSME’ and as per the MSME provisions, customers who had not paid within the prescribed time limit, are paying interest to XYZ. Is XYZ liable to pay GST on the interest received? 2) XYZ had taken loan from PQR. The loan amount was re – paid before the due date and therefore as per the terms, PQR had paid interest to XYZ. Is XYZ liable to pay GST on the interest received?