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Can a Franchise Declare Profit under Section 44AD of The Income Tax Act,1961?



MALAY DAS
20 September 2023 at 20:00

APPLIED FOR GST CANCELLATION

RESPECTED SIR
APPLIED FOR GST CANCELLATION ON 1.1.23 . GST SUSPENDED FROM 1.2.23 TILL NOW. ALL RETURN FIILED ARE NIL. CANCELLATION IS STILL PENDING. NO ORDER ISSUED ITS TO LATE . WHEN TO FILE GSTR10? PLEASE ADVICE ... THANKS


Rupesh Jain

mr A. buy a flat and paid Total 86 lakhs to Mr. B and Mr. C. and TDS dedcted on Rs. 86 Lakhs @1% got the flat transfer from Builders. Builder give the accptance of Rs. 71 Lakhs receipts of flat price. and demand balance Rs. 57 lakhs of the flat value. Flat value in allotment letter 110 lakhs and registery value is also the 110 lakhs.
Now on Mr. A liable to TDS on Rs. 24 lakhs or 57 lakhs ?
how at the time of registery of flat register can demand the stamp duty on diff Rs. 33 Lakhs or not . how can give the reply to registrar.


Nishant Gandhi
20 September 2023 at 17:35

To sale car

Respected Experts,

Kindly advise that my pvt ltd company want to sale car which was purchase in Jun-22.
Kindly advise that GST applicable on sales of car ? as we were not claimed GST due to 17.5 section of GST.


PIYER
20 September 2023 at 17:32

Section 44AD-Presumptive Taxation

Can a Franchise Declare Profit under Section 44AD of The Income Tax Act,1961?


Mahesh Jadhav
20 September 2023 at 17:19

RCM on Rental of Car for Travelling

I am getting travelling service from unregistered vendor.

Our consultant is saying that we have to Pay RCM for this but we can claim ITC of this paid RCM amount.

This is loss for us by not claiming ITC and only paying RCM.

Just wanted confirm is this right ?


Prashant
20 September 2023 at 16:27

Investment of Tution Fee

Hi

Can i claim Tution Fee in my return of my wife education of course. Receipt will be in my wife name but payment is done from my account.


jayesh khokhariya
20 September 2023 at 16:21

TAN Applicability

TAN is compulsory for Partnership Firm from Very First or after crossing Turnover Of RS. 1 Crore


Santosh Tukaram Shinde
20 September 2023 at 15:39

GST liability on Royalty

GST lible or not on royalty deduct from contractor R.A. Bill (Government Contractor)
a) Some departments are are given GST without deduction royalty from R.A. Bill.
b) Some departments are not given GST on royalty they givens GST after deduction royalty from
R.A. bill.

which method is corrent (a) or (b)


Sanchit
20 September 2023 at 15:25

TDS RPU File Option out Option

Dear Sir,
We are a manufacturing company, we Deduct TCS on Sale of goods u/s 206C(1h). Now, at the time of filling of return of 27EQ for QTR-1 through TDS RPU utility, 1 Option is mandatory to fill Which is "Whether Collectee opting out of taxation regime u/s 115BAC (1A)", My query is how collectee will provide this information during the Financial Year.
Kindly Assist me in this query.







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