01 July 2017
Dear Sir, Please advise me in following points:
Turnover less than 20 lacs not required to gst Registration. But how can send goods one state to another state. Gst Sales Invoice required for Urd dealer to send goods in another state.
One of my clients Individuals person (F & O Business Turnover below 20 Lacs) has paid to legal fees Rs.5000/-to advocates Under GST the both parties are unregistered. In this case GST registration required or not.
11 August 2017
As per your advise gst registartion not required But as per section 9(3) RCM will be applicable for legal services of advocate. So my client required to register under GST for special purpose
Under GST Return which Form is applicable to NBFC (Investment Company) Company. Our Company is Service Receiver from Advocates & Credit Card & MF & Equity Stock Brokers & MTNL & Others. Which form is applicable for every month to file GST Return. If no transaction for July-2017 than Nil return applicable or not. Please send me the Return utility on my email - nathuram76@gmail.com
17 August 2017
FNO per se are NOT regarded as Business Transaction. FNO done by a business house say firm, company is regarded as business transaction. But FNO done by individual as such is NOT regarded as business transaction unless otherwise the said person wants to call it as business..
Under GST Return which Form is applicable to NBFC (Investment Company) Company. Our Company is Service Receiver from Advocates & Credit Card & MF & Equity Stock Brokers & MTNL & Others. Which form is applicable for every month to file GST Return. If no transaction for July-2017 than Nil return applicable or not.
Please send me the Return utility on my email - nathuram76@gmail.com
14 September 2017
Dear Sir, I have queries related to Income Tax Return For AY 2017-18 Income like following : 1)F & O Income : 2400015/- no other business only F & O Trading. (B/f Loss 26 Lacs) 2) Long Term Capital Gain on Share-444052/- (B/f Loss 3.16 Lacs) 3) Long Term Capital Gain on Mutual Fund--962155/-(Taxable @20%) 4) Short Term -Shares --60700 & Mutual Fund-280555/- (B/f Loss 2.05 Lacs) 5) Dividend on Shares & Mutual Fund--325342/-(Exempt Income) 6)Interest on Bank FD & SB A/c.---54750/- My queries is in Income Tax Return the Disallowed the following Exps. 1)Disallowance u/s 14A ---------------168942/- 2)SEBI & STT & Demat Charges --251979/- Total --420921/- In individual cases the section 14A applicable or not in above disallowance & Income Tax Return filed is correct or not. Otherwise we can file revised return. Please advised in above matters.
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