Proprietor for firm expired on 26.09.2019, from that day his business was run by his legal hair after death till date under the GST number of deceased proprietor. now new gst registration has been taken in his legal hair's name, whether we can transfer input credit of deceased proprietor to his legal hair by filing itc 2 now ??

DEAR SIRS :: THERE IS GREAT CONFUSION ON ADDING TCS ON TAX INVOICES....
(ONE GROUP SAYS ) IS THIS ON TAXABLE VALUE BEFORE TAX OR
(SECOND GROUP SAYS ) TCS SHOULD BE ON TOTAL VALUE OF INVOICE ( TAXABLE VALUE + GST )......

I ALSO HEARD THAT TCS ALSO REQUIRED TO BE DEDUCTED AND DEPOSITED ON AMOUNT RECEIVED FROM PARTIES WHERE SALES WERE MADE TO PARTIES PRIOR TO 30-09-2020 BUT WHO CROSSED 50 LAKHS SALES TILL 30-09-2020.... PLEASE CLARIFY... REGARDS

Due date of filing Tax Audit Report in case of transfer pricing entities will be 31.10.2020 or 30.11.2020 ?

One assessee filed I.Tax return under 44AD for the year 2018-19 who is an interior designer by mistake under other contractor business.
Now i want to file I.Tax return u/s-44ADA for the fy-2019-20 under Architecture Service and declared more than 50% profit of total turnover.
It is possible or not??

Need to file u/s 44AD instead of 44ADA bec.only 1 year return was filed u/s 44AD and as per income tax rules minimum 5 year to be filed u/s 44AD!!

Clarify on priority basis

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Sir,
I have purchased a lorry on 01.07.2016 and sold it on 31.07.2019 with a profit of 3 Lakhs. No cenvat credit availed on purchase. Whether GST applicable on it? If yes, what is the GST rate ? On which amount GST is applicable?

Please clarify whether there is any restriction on the amount of gift given by NRI to his relative Indian Resident. I understand that under the LRS a resident can give gifts upto US $250000 in one F.Y. I want to know whether there is any such upper limit for NRis also, in India or USA.

Dear Sir,

What is Seventh proviso to section 139(1)?? a salaried person amounting to Rs. 450000/- need to file 'Yes' or 'No' while filing IT Return. Please explain....

whether TCS u/s 206(1C) will be Levied on Basic value plus GST amount or only on the basic amount ???
any clarification regarding that issue???

I have IT company and I Have provide IT services on USA and UAE with GST export invoces. So my questions is , Is any TCS and TDS applicable from 1st oct 2020 on foreign remittance received from client. I have received 30lac in previous financial year and current financial year I have receive 25lac INR in foreign remittance.

Hi all, What is the basic exemption limit for Trust not registered under sec 12A ?

Donations and Contributions received from trustees only then under which head it was taxable, what expenses are allowed as deduction from these donations ?

Which ITR form is to be filed in the case above Trust not registered u/s 12A ?

Assume total Receipts not exceed 20 lakhs