Dear Sir,
I want to know is it mandatory to obtain GST Registration incase of a Transporter.
My client is into business of Transportation of Goods by road and has a turnover of around 100 crores and has taken 6 registrations for different states in his individual PAN. He falls under RCM so he doesn't have to pay any GST.
Please reply as my client is asking whether he can surrender his GST.
Regards,
Divyesh Jain
Sir/madam
I have claimed relief u/s 89 for the Fy 2009-10 to 2017-18 as I received an arrears salary in the year 2017-18. Now again I got arrears salary due to order of Supreme Court for the FY 2000-01 to 2019-20. Can I claim relief u/s 89 for this arrears.
renting of vacant land to various farmer for warehousing farmer goods is liable to service tax ? it is exempted services for the year from f.y.2014-15 to f.y.2017-18 (till GST apply) & what is the item covered under the definition of agricultaral produce. Waiting for your favourable response.
Sir
My client is a builder and constructed residential apartment of 120 flats. On dt:10.10.2018 occupation certificate has taken and after that date 80 flats registrations done and prior to OC 40 flats registrations done. Now the department is telling that the assessee has to restrict their ITC in proportion to the flats registered before OC i.e. 33% of the ITC shall be utilised and the remaining shall be disallowed. Please enlighten on this issue.
Can anyone please tell me. I want to be Investor like warren bufffet and Mr. Rakesh Zumzumwala. Right now I am student of CA Final . What Shall I do . Shall I Do Charter Financial Analysts. Which Books Shall I read to increase the knowledge of share market. Which newspaper. Which News Channel. Whose Blogs should I read ?. Shall I join any Investment firm of CFA to increase knowledge of share market as now I am doing articalship in CA Firm in Taxation and Audit.
How shall I Start Investing, Shall I do any further courses of share market . Please Guide. Please
I am a salaried tax payer, obtained form 16 too.
1, I have claimed the PPF amount upon the death of my wife in the month of march 2020. 2. I was given a demand draft and the same is encashed in my account, amount being 9 lakhs 45 thousand.
3. Immediately I have initiated two fixed deposits of 1 lakh and 8 lakh, in my sons name (Son aged 20 years), at his SBI account. Son is a student and has no income. He earns interest on the FD of the said amount.
Questions;-
1. Will the amount be taxable for me? if yes what is the tax payable, if no under what section should I claim exemption.
2. Will my son eligible for tax toward the said amount of the initiated FD? if yes what shall be the tax amount?
3. Will he have to file the ITR and what number is it ITR1. under which section should tax exemption be claimed for my son for his lifetime first ITR1? I am to prepare and file ITR1 on my own at the efiling site.
Please guide me regarding each query in detail.
Thank you,
Mr. Shekhar Salunke
email; shekharsalunke1@gmail.com
In case of death of a person, Property is Transferred to Wife & Children's name (Joint names only for safety purpose and no share mentioned).
Now the said property is intended for sale. So Capital Gains to be charged to Wife or all 3 in equal proportion? Should the amount be taken in Only the wife's account or all 3?
Any case law for Reference?
In July 2020 GSTR1 i forgot to show exempt income of Rs.200000 while in July GSTR3B i mentioned the exempt income.
What is the remedy of the same?
Should i file Aug 2020 GSTR1 after taking into acccount this exempt Income?
If yes then GSTR3B will also consist this exempt income as now these 2 returns are linked so there will be duplication of income in GSTR3B
Please give suggestion TAN IS REQUIRED FOR PARTNERSHIP FIRM OR WHY?
A gst registered regular scheme dealer trading cement business.dealer used truck transport to cement business purposes.purchase of truck Tyre .
Question:
Dealer purchases of truck Tyre input credit claimed allowed in gst act.
GST Registration for Transporters