Dear Experts,
I purchased a Machinery in Nov.17. ITC of which was not taken & utilized fully in GSTR 3B in Nov.17. Taken & utilized proportionate amount by dividing 60 in every month to that month.Due to that reason I have a balance amount of ITC on Capital goods, which are not taken & utilized through GSTR3B till that date. Can I utilized & take this ITC in GSTR3B in this month of July 19.
Please suggest me.

Sir,

in Feb 19 Supplier has post the credit note same reflected in GSTR-2A. but we yet not reverse the ITC.

So my inquiry is that
Can we reverse ITC in July months 3B
Can we need to show credit note in GSTR-1

Hi One of my freind having income from commission on sales of tractors in his commssion TDS is deducted.
1.Which ITR has to file?
2.Whether can he eligible to take exemption of HRA/Conveyance?

Thanks in advance.

sir,
i have a query regarding a matter under GST.
one of the dealer presently engaged in health care (hospital) services having turnover of Rs.300.00 lakhs during last financial year which is presently exempted under GST. Now the dealer wants to start a new medicine shop for which he has to take GST registration.
The question is:-
1) can he opt for Composition Scheme under GST as his turnover from sale of medicine will be less than Rs. 150.00 lakh and he is fulfilling all other conditions for Composition Scheme. However considering his exempted sales of Rs.300 lakh turnover will be more than Rs. 150 lakh presently stipulated for Composition scheme.
2) whether he has to pay Composition tax of 1% on his existing Exempted sales?
3) what will be his liability under Reverse charge mechanism if beimg allowed under composition scheme?
4) what will be his liability under Reverse Charge Mechanism if being allowed under Composition Scheme?
Your valuable suggestion in this matter shall be highly appreciated.

DEAR SIR

Income tax notice says total receipts in 26as is higher than total income shown in ITR-4 return for claiming tds.
Income tax ask to show total receipts in 44AE income but there is no option to show total receipts in 44AE so what is the probable solution of it.
But only shows vehicles detail and its income .

respected Sir

We have 2 Purchase bill one for Nov 2018 and second for Feb 19. Can we take both in March 2019 or show in Correct month Nov 18 and feb 2019

I got a commercial office in Mumbai under my ownership from Tenancy by paying @ 1350/- per Sq. Ft. in 2008. Now i am selling same space for 10,000/- per sq. Ft. What is the implication on Capital Gains Tax ? Indexation benefit can be claimed ? Is there any way to save the Capital gains Tax by investing or buying a commercial space ? Kindly guide ?

Sir/Madam,

In 2018-19 we had purchased building construction materials under GST invoices worth rupees 2 Lakhs and above, can we account the above invoices in our Plant & Machinery accounting head and claim depreciation.

Dear Experts
Whether BEN-2 is applicable on Private company having only individual shareholders
please reply as soon as possible

Dear Team,
our company purchase the golf cart for Visitors for plant (factory) visit
can i take on ITC on golf carts
pl suggest ....