PLEASE ADIVCE US MY RELATIVE RETIRED FROM BIHAR SCHOOL TEACHER , GAYA . HE REGULAR FILE INCIME TAX RETURN MANUALY AT GAYA . AFTER RETIREMENT HE MOVED TO WEST BENGAL KOLKATA, RECENTLY WE FIND INCOME TAX RETURN TO BE REVISED DUE TO MISTAKE. MY QUESTION IS MANUAL TAX RETURN TO BE REVISED ON LINE BECAUSE WE ARE UNABLE TO GO GAYA AND SUBMIT MANUAL REVISED RETURN

Goods Transport Agency & Supplier both are from Madhya Pradesh in same state & Supplier supply the material to customer in other state i.e. Maharastra.

Pls. guide which tax is apply under RCM GTA ( IGST or CGST , SGST

My brother is working in foreign ship who’s stay in India is less than 182days now the problem is his salary is getting credited to Indian savings account which is not a NRE account .... now please let me know his tax liability ??

i want to transfer ownsership of sole proprietorship firm,owner has big value in his capital account in the firm which the buyer cant pay right now, he cant gift his firm as there is no blood relation,is there any way of transfering?
is there any provision of transfering without clearing off debts and paying off assests only with mutual understanding.

I am having two business premises owned by different landlords having different PAN. I pay rent of Rs.35,000 to First premises and Rs.30,000 to second premises. Should I deduct TDS at 5% for both rent payment

i had left job in Jan 2018 & withdrawal of PF (before 5 years) is taxable. how tax will be calculate, can any one help me the same amount will around 1,70,000/- (3yrs working same organisation) i am in Slab of 20%

Hi Experts,

This is related to new notification passed in favour of tour operators mentioning as follows:

To allow ITC of input services in the same line of business at the GST rate of 5% in case of tour operator service

Can anyone provide the proper interpretation for the above ?

Does this mean that a tour operator can charge customer at total invoice + 5% GST and take credit on input service received like hotels / travel etc.

Finance Bill 2018 has made transactions relating to trading in agricultural derivatives which are not subjected to CTT as non-speculative.
Now, I have a loss in relation to a trade in agricultural derivative which I will show as speculative loss in my return of income of F.Y 2017-18 A.Y 2018-19 and carry forward it to the next year.
If from 1st April 2018, trading in agricultural derivative will be considered a non-speculative transaction. So, How will I set off my loss?
If my income from trading in agricultural derivatives will be non-speculative from 1st April, then will I have to forgo my loss?
Please help!

Dear All,

I have come across a situation where the place of supply is outside Maharashtra and the billing has to be done in the Mumbai office of the client. In such a case, would IGST be charged on the value of services or CGST and SGST would be levied?

Kindly assist.

Hi,

If the organisation appoiints an office boy on fixed term contract basis for one year, what will be the applicability of TDS on the same(i.e Rate and Section under which TDS to be deducted). The amount payable to office boy is Rs. 17,000 P.M.


Thanking you in anticipation