Deepak Rawat

Dear Sir/Mam,
Is it Mandatory to file ITR for current FY, if I don't have taxable income ? I am asking this question because I had file ITR for last FY, so will there any query by department for not filling ITR for this FY ?
Hope you got my question.


Satya Pal


Kindly suggest if GST is chargeable on security service provided by a Pvt. Ltd. Company to an engineering college run by a Charitable Trust ?
Would the answer differ where Trust is registered under Section 12AA of Income Tax Act ?

Reference of relevant notification/rules/case laws would be appreciated

Thanks


Hrusikesh Nanda
25 June 2020 at 20:58

BANK OVERDRAFT NEGATIVE BALANCE

An institution has one & only normal bank account. On 31st MARCH the bank allowed an overdrawn amount to overcome some essentials. So now bank balance is negative position.
What will be the treatment in R/P, I/E and BALANCE SHEET. Please clarify.


Himanshu Agarwal
25 June 2020 at 20:37

GST Registration

Do Mr X Required registration under GST in following case:
1.Mr X is selling goods through Websites like Instagram and Facebook with turnover of less than 20L within State.
Case 2-Continuing the above case due to E commerce goods are delivering to various states do he need to get registration with turnover below 20L and if yes then Do he required registration in all state where goods are delivering even the turnover is below 20L


muskan singhania
25 June 2020 at 19:46

Partnership deed act 1932

I have a query about detailed procedure of reconstitution of the partnership firm after the death of a partner


Manali
25 June 2020 at 19:41

Whether to take itc

Please help me, I am manufacturer of snacks, will I able to take input tax credit on edible oil and other items in which Gst is applicable. Or As per sec 17(5)(b) block credit on food & beverages is applicable.


sundeep
25 June 2020 at 18:12

NRI ITR filing form #?

What is the ITR form for filing for NRI?


Nirmal Sebastian
25 June 2020 at 17:56

RCM on Security Charges of SEZ unit

Sir,

Whether GST RCM on Security Service Charges applicable for a SEZ Unit?

Regards
Nirmal


sudhir kumar mishra
25 June 2020 at 17:22

Financial management

Neha would retire 30 years from today and she would need ₹ 6,00,000 per year after her retirement, with the first retirement funds withdrawn one year from the day she retires. Assume a return of 7% per annum on her retirement funds and if her planning is for 25 years after retirement, Calculate:

a. How much lumpsum she should deposit in her account today so that she has enough funds for retirement?
b. How much she should deposit each year so that she has enough funds for retirement?


Priyanka

Dear Experts
Entity is operating into logistic services and thereby RCM provisions are applicable. It is not taking ITC benefit and also Common credit is taken into proportionate basis in case of any related sale of taxable service.
Now Company wants to add a business activity and enter into Trading of Gloves and Masks. It is being a completely diverse business from existing one, is it allowed to collect GST from customer for trading business and can take benifit of ITC on purchase of gloves and mask ? can we establish one to one co-relation of input output services here ? it shall not be consider as common credit for company. please give your openion





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