Hello,

I relocated to the US from India in Dec 2016 and my employer paid relocation allowance for the same. To offset the tax impact in US, they grossed up the relocation amount. As a part of relocation assistance, they also assigned a tax consultant.

The tax consultant failed to explicitly inform about the fact that relocation money would be counted as salary and would be taxable in India. So now it has come to me as a surprise that I'm supposed to pay a hefty tax on the grossed up relocation amount, which could've been very easily avoided either by postponing the move by 15 days OR postponing the deposit of relocation funds by same duration.

On top of that, they failed to anticipate that the situation would warrant paying advance tax and now I'm supposed to pay 10% penalty + interest under section 234a/b/c.

I'm wondering what are my options here. Any way to mitigate this tax impact? Should I seek compensation from the tax consultant?

Respected sir
submit ITR return and tax paid for ay 16-17 but assesse not co-operate to sign ITR V and final reminder from ID dept after that return is invalid. so now what about tax is already paid of Rs 5500. ? please advice its important thanks.............

Dear Sir,

Kindly answer the the following query.
On 01/04/2014 Received an amount of Rs.200,000 as Rent Deposit from a tenant. After 3 years, the tenant wants to vacate, and we have refunded Rs.175,000 to him after deducting Rs25,000 for Cleaning, Maintenance, Whitewash etc..
Now the entries will be,
for receipt : Bank A/c Dr
Rental deposit a/c Cr (under Loans & Advances)

Please tell me what entry have to pass for Payment(Advance refund).

Thanking You.

Regards,

Sasidhar

Whether deduction of Entertainment Allowance is allowable to an employee of a public sector Undertaking??

Dear Experts.
if we purchase from unregistered dealer then the buyer have to pay GST under RCM. plz let me know in this scenario whether the buyer also have to issue invoice to supplier. if yes which invoice

Regds
Amit

Dear Experts.
we do provide services under work contract having turnover 54 Lacs. pls clarify are we eligible to opt composition scheme. However our services area is within the state.

Thanks
Arun Chahar

sir,
We have been registered under VAT. We have not received provisional ID and password for enrolment for GST.
as enquired with department they are saying it comes directly.

Kindly suggest if there is any option to get provisional ID and password.

We have branches in five different states with same Service tax registration number as centralized billing, and were filing returns with the main office. The Aces website has generated different user ID's and Passwords for Different states. We are not able to register the branches in additional places of business on GST portal as the State is NON EDITABLE. Do we have to register separately for all the branches in GST portal? will there be different GSTIN for different states? Should we raise different invoices at different branches?

I have textile business, my turnover is below 20 lakh per annum, I purchase some items from other states, plz suggest under which scheme we register under get whether after registration we are liable to pay tax or not

Sir, who can file GST e-Return? Is the Practioner compulsory to file the Return or any GST tasks?