SIR I HAVE PARTNERSHIP FIRM, MY TURNOVER WAS 68 LAKHS , BOOKS WERE NOT MAINTAINED AND I DECLARE INCOME 8% (544000) U/S 44AD IN FIRM IT RETURN

DOUBTS
1. WHEN I FILE MY PERSONAL IT RETURN HOW MUCH AMOUNT CAN I SHOW AS REMUNRATION AND INTEREST

WE ARE PURCHASED NEW MOTOR CAR ( JAGWAR )
GST ON MOTOR CAR IS NOT ALLOWABLE FOR INPUT CREDIT.
HENCE WE ARE NOT TAKING INPUT CREDIT.

MY QUESTION IS - IS ABOVE ITC ( GST ) TO MENTION MANDATORY
AS INELIGIBLE CREDIT IN GSTR-3B.RETURN = PLEASE GUIDE.

SOME TIME OUR INWARD SUPPLIES ARE -EXEMPTED, NIL RATED,
& FROM COMPOSITION DEALER.

MY QUESTION IS- IS ABOVE SUPPLIES VALUE TO MENTION MANDATORY
IN GSTR-3B RETURN= PLEASE GUIDE.

ABOVE INFORMATION PL.URGENT.

REGARDS
RAJKUMAR GUTTI

We imported goods from korea and we paid customs duty on it.later, we realized that the goods are in defective nature and we want to re-export it on the basis of replacement of some new goods.now my doubt is"shall we pay the customs duty at the time of import of repalced new goods?incase if we pay that shall we get the refund of customs duty which we paid earlier(at the time of import of defective goods)??.please anybody can help me...

Dear Experts,
I am a CA article and I filed a wrong tax audit u/s 44AB caluse 26
((i) In respect of any sum referred to in clause (a), (b), (c), (d), (e) or (f) of section 43B, the liability for which
(B) was incurred in the previous year and was
(a) paid on or before the due date for furnishing the return of income of the previous year under section 139 (1);(AT THIS PLACE)))
I ENTERED WHOLE AMOUNT OF THE GST PAID(say rs.50) IN THE YEAR AT ONE ROW THEN ADDED ANOTHER ROW ENTERED SERVICE TAX AND ENTERED AMOUNT (SERVICE TAX+GST (i.e 50+service tax) ).
I am really in great depression after that.
what could be the possible scenerio? please help help

An individual engaged in the business of exports of garments under LUT in the year of 2017-18. He has balance of input tax credit in their respective IGST/CGST/SGST ledger on gst portal which is refundable to him.

He shut downs his business in April 2018 and rent out the whole building for commercial purpose on which he charged GST on Rent @ 18% .

Can he set off the input tax credit of export business against the GST liability of rental Income.
Pls provide the reference/ provision of act/law.

Thanks

Hi All,

if restaurant do sell through online service app like swiggy & scootsy, they charge commission to restaurant & give back sales money after deducting there commission. do restaurant require to deduct TDS on commission if commission is more then 200000 to 300000 p.a.

thanks

Hi
One of my client is willing to bid for renting his commercial property. The potential party as demanded bids asking following info. per sq.ft.
1) Basic Rent
2) GST
3) Municipal Taxes & Other Maintenance Chanrges.

My question is what is the amount on which GST to be levied? Is it only on Basic Rent portion or on basic rent plus municipal taxes & other maintenance changes?

Kindly advice mentioning support for this.

A senior citizen wants to make a deposit of 10 lakhs at an interset of 9.25 per annum at ESAF Bank.What’s the limit of interest for which tax will be deducted ?And which form to be filed for non deducting the tax ??And is there any consequences on filing such form for a normal person??

I have received foreign stocks from my company, can I gift these to my kid (18+) to get a tax advantage over the amount that has appreciated since the price I got from my company. What kind of tax will be applicable for my kid and what date of acquisition will be considered for taxation for my kid. Is it going to be the date of transfer or the date I got the stocks from my company.

Dear Experts,
In the 3B of Feb we have mistakenly claimed excess ITC now the same has came in my notice. Pls let me know what should I do to correct this mistake.

Thanks
Rohit