Dear Experts, I have just received an intimation under 200A/206CB of I.T. Act on Interest on Late deduction/collection of TDS. MY QUESTION IS WHETHER I CAN FILE REVISED RETURN IN RESPONSE TO THE SAID INTIMATION WITHOUT EVEN PAYING THE DEMAND AMOUNT? OR IS IT NECESSARY TO PAY THE DEMAND AMOUNT BEFORE AND THEN FILE REVISED RETURN FOR CORRECTION? PLEASE CLARIFY.

Respected Sir/Madam
Good morning,
Please give me some suggestion .

A is coal Trader ( Related to Andhra Pradesh)
B is Transporter ( Related to Andhra Pradesh)

A Supplies to SEZ under LUT he given Tax invoice( Zero Rated). (as per agreement Transportation liable to A)
For this consignment A taken service form B.
under RCM ,A paid GST in CGST &SGST. Is Correct ??????

Please clarify it .

Thanks & Regards
Ch Satyam Naidu
8317690745

SIR I HAVE SENT MY ARTICLESHIP REGISTRATION FORM TO CHENNAI ICAI BHAWAN ADDRESS ON 1/1/2019 BUT I DIDN'T GET MY REGISTRATION LETTER AND ID CARD TILL NOW. I CAN'T UNDERSTAND WHAT WAS THE PROBLEM !!!! PLZ REPLY ABOUT THIS SIR .

Hello Expert,

I want to ask regarding Unsecured Loan.

What if a person dies to whom repayment is pending. My query is Shall I treat my unsecured loan(which is not repaid) as a Assets?

Please Guide me for this.

Hi this is Santosh. We have two transports given for construction company for use concrete and metals.So please kindly help either is applicable for reverse charge mechanism or regular Gst??

one of the scheme in LIC is there just like Term deposit.
Taxpayer can deposit amount in one time at LIC and earn the regular income.
My question is whether the said deposit is eligible to deduction under 80C.

I(individual) purchased a flat in July 2018, on payment i deducted TDS amount approx 75000 which is till now i have not yet deposited to govt.

what would be the amount of penalty if i will deposit amount in feb-19.

1.5% P.M. with 200 per day

or anything else

please help me to clear my doubt.

M/s X YZ of Kolkata sent materials to his Delhi client (M/s MNY) ‘’TO PAY’’ basic through M/s VR Logistics. The Transporter charge Fright Rs 444/- + ST Rs 30/-+Toll Tax Rs 30/-= Rs 504/- in his bilty( Consignee’s Copy). Freight Charge paid by Delhi Client.

Now Question is
1. Who is paid the GST?
2. What is the GST amount?
3. Who take ITC?
4. Is this Transition fall in GTA service?
5. what is the difference between GTA service and Freight service

I own a piece of land for 10 years and want to gift 3/4th share of the land to be distributed equally among my 3 adult children.

Post gifting the land (through a gift deed on which applicable stamp duty and registration fee will be paid) in February 2019, I along with my three children will equally have 1/4th share on the land.

Now, immediately after gifting the land, we all decide to sell this land for a total value of Rs.2 Crore such that each of us receive Rs.50 Lakh.

My query is if we can all individually invest the entire capital gain proceeds (50 Lakh per person X 4 less indexed cost of acquisition) in capital gain bonds for a period of five years under section 54EC to essentially make the entire LTCG from such sale tax free?

Dear Sir/Madam,
Since CA CMA and CS exams will not clash with each other. If CA exams are postponed from May to June 2019. Is there any possibility of shifting CMA exams from June to Jul

Thanks