A person joined for single premium life Insurance policy. He paid Rs 500,000 as initial premium and on maturity 800,000 received.

Insurance company deducted TDS on Receipts at the maturity time . is it Correct.

What is the taxability of maturity amount received on Life insurance policies

GST Registered person fails to raise invoice for RENT Receipt from 1st July,2017 to April,2018. Can he now raise invoice for the omitted rent amount on 19/06/2018 and pay the output tax now and interest @18% p.a. Whether any Penalty is liable?
Pl. give your opinion as early as possible. Thanks in advance.

Dear Sir,
I am a director of a company that got shut down due to losses and one of the directors cheated us and it was closed 3 to 4 yrs ago. there are two directors left and i want to resign now but the other director is not ready to accept my resignation. Kindly help me to resign from my current position. I have spent all my hard earned money in this and i dont have any more money to even think of restarting it. Plz help me

Dear Expert

We have taken a Security service from an X Company, and paid them entire amount including GST by Cheque.

The GST Input of the said party is not reflected in GSTR-2, creating a difference of ITC as per books & Portal

What will be the implication of GST if we utilised the said input, since there is difference in ITC as per our books & GST Portal

Sir, I have paid USD 15000 as advance payment for purchasing of Machinery value of USD 150000 but due to technical reason the import could not be done and advance amount paid to the vender has been forfeited. Now the bank is demanding proof of import such as invoice and bill of entry etc. Its seems that advance amount will not be recovered now. Please suggest me what remedy I have in this case??
Thanking You

One of my friends worked for different BPO's from 2007 to 2013.His Employer deducted provident fund from his salary.At present he is not working any big companies but started coaching center for kids.He Want to get his Provident fund back From 3 Companies he worked for.
Please give me the advise whether any chance that he can get the PF back.if yes Please Tell me the procedure.

I made an Export with Paid IGST (without LUT), in oct-2017, and wrongly i fill in 3.1(a) in GSTR-3B, export in total taxable value in place of 3.1(b) in GSTR-3B,(outward taxable suply, zero rated).in oct-2017

in same month in GSTR-1, i forgot to write in the 6A table,

but in Jan-218, I modifi my GSTR-1,and i shown the value in 9A table.

so now can i shown this amount in GSTR-3B of the may-2018 in 3.1(b),

Dear Experts

Can Income from Mutual Fund Commission and Computer Job Work Consider as Business and fill the ITR u/s 44AD or any others.

Kindly comment

ABC ltd is hiring man power supply co. ABC Ltd made agreement with Man power supply co. for supply of man power. Man power supply company charge ABC ltd To actual cost of man supply + 2% commission+GST on hold amount.
Man power supply also made a another invoice for TA. DA which are nature of reimbursement & also not written in contract but man power supply company also charge GST on TA /DA bill.
is this correct

our company is a manufacturer of fabrics. We purchase fibre/cotton, other consumables including coal. We send all these items on different challans to job worker. The problem arises in filing ITC-04 as against these 3 items on 3 challans we get yarn as output of jobwork and it's received on single challan. This is a continuos process throughout the year. My query is which original challan No. to be shown in ITC-04 when we receive back the yarn. Our ITC-04 is getting delayed since we couldn't find the answer.