Hello,

I am an ACA and currently working in an MNC and have no intentions of starting my practice. I have read various rules in the Code of ethics pertaining to practicing CAs, one of which I guess is relating to directorship of a companies. My query is can I enter into partnership with non CAs for outsourcing business or start a pvt. ltd company which advises clients on outsourcing.

Is there any option for a non resident for filing ITR U/S 44AD or in any other way

A manufacturer paid input tax of Rs.60 for the Raw Materials purchased. In a month he did a sale worth Rs.500, of which 60% is exempted. Assuming GST rate at 18%. How much is the input tax credit can he claim?
a. 60
b. 24

Dear Sir,

I have a query how to deal a expense under gst.
We are registered under GST as regular dealer.
We supply goods to party on order throught GTA on "TO PAY" Basis.
The GTA gets payment through the recipient, hence the GTA tax under reverce charge has to be paid by the GTA or reciepient.

Now the recipient claims the transport charges amount from us as per our selling terms going on from years.

I reimburse the amount to the recipient via credit note.
now what is the tax implication and should i claim any amount on making credit note under GST.?
many tax consultants are having different views on this.

please clarify me what should be done.

Thanks & Regards

Most of Vendors like, Internet Provider, Telephone Service Provider have not filled GSTR 1 against us. I have already taken ITC against these bill while filling GSTR 3B from July. Now, what should I do to Show their Invoice in my GSTR 2 Plz suggest

We are a partnership firm having retail machinery dealing business. Our goods are being transported by various GTA from different places. These all GTA are having turnover more than crores. Whether we are liable to pay GST as RCM or these GTA are liable to charges GST on our transportation amounts ?

Sir/Mam

i received the bill of GTA daily which value is Approx rs1000 .sir please tell me we have to pay the tax in reverse charge or not under the gstr 3 b

Dear sir
For service sectors i.e,.tent house making business. If books of account are not maintained, whether ITR4S can be filed.

The assessment Year 2017-18
Filed ITR form type ITR-4
Source of Income- LIC Agent

Error Code 86

Error Description- As per Section 44AD(6) of the Income Tax Act, 1961, the
provisions of Sec.44AD are not applicable to – (1) persons
carrying on professions that are referred to in
Sec.44AA(1), (2) persons earning income in the nature of
commission or brokerage, and (3) persons carrying on any
agency business.As seen from the return of income filed,
the nature of business code mentioned is 00301 General
Commission Agents, which falls in the categories
mentioned above. Hence, the provisions of Sec.44AD are
not applicable, in your case.

Probable resolution- As the provisions of Section 44AD are not applicable, in
your case, the claim of computing profits and gains of
business on presumptive basis, under this special provision
is not allowable. Hence, the above defect has to be
corrected by way of computing the profits and gains of
business under the normal provisions and not under
Sec.44AD and offering the same.

1) Please let me know what am I missing.
2) How to filed under the normal provisions?

Error! Authorized Signatory details not found or user not regitered.
AFTER ENTER OTP WHILE FILING RETURN THIS ERROR SHOW