Dear sir,
I am a retired person having only interest income from fixed deposits and some capital gains from stock market. I am incurring some expenses like transportation, mobile bills etc. for maintaining my fixed deposits. Can I deduct these expenses from the interest income of fixed deposits while calculating tax payable ?
Thanks

Sir
One Assessee engaged himself in the construction work of residential building , after completing the house he proposed to sell the house for Rs.50 00 000 /- what is the rate of GST ? What HSN /SAC code is applicable .How can he avail ITC ? please explain . This is for your kind perusal.

Thanking you

With Regars

S M basha

Hi all, one of client ( sole Proprietorship ) doing business and he purchased one immovable property ( Building ) for both the purposes of personal and business and also in near future he want to sale the property then at the time of sale what is the GST implication if he treat the property as business asset ? or if he treat the property as personal asset then what is the GST implication ?

Whether GST is applicable on sale of immovable property used for the business and claiming depreciation ?

Hi,

I wanted to ask is there any exemption of income tax on export of software services?
I have registered a company and many of my clients are based outside india.
What are the ways software companies can get excemption on income tax doing just export.

Please suggest!

Regards,
Anubhav B

Dear Expert ,

We are service recipient. we are liable to discharge liability under the RCM against payment made in advance to GTA and Advocate.

kindly guide us Whether it will be shown in GSTR-1. Advance receipt is given for FCM not for RCM

Thanks & Regards
Prem Chandra Thakur

I am unable to pay Membership Fees on self service portal.
COP status is showing inactive.
I have raised a ticket regarding the same.
What is the procedure for payment of Membership Fees in this case

An invoice #01 received from book binding contractor of Rs.25000/- on dated 30.11.2020 at that time tds was not deducted.
Now again the same contractor issued invoice #02 of Rs.38000/- on dated 30.12.2020 and we deducted TDS u/s 194C as one single invoice is greater than 30000/-.

My query is now we are also liable to deduct the TDS on first invoice #01 of Rs.25000/- as said above ? If yes then with interest ?

Sir,
Our sales for the FY 19 - 20 has crossed Rs. 1 Crore. ( Previously it was less than Rs. 1 crore ).
Can we file the ITR 3 by ourselves or should it be neccessarily done by an Auditor ? If so, what is
the last date to file the ITR as per latest extension of ITR filing date.

Pls. advice.

Dear Experts,
Mistakenly two invoices having same invoice Number has been issued. However two invoices with same invoice No. Cannot be uploaded in GSTR-1,

Kindly let me know what to do in this case....

Thanks & Regards
Nikhil Sharma

Dear All,

My query is, I being service recipient some transporter payment is made in advance before arrival/receipt of the Invoice for transportation, so then when will the liability of GST payment arrive, at the time of booking invoice or at the time of making payment please advice.