Hi,
I have bought a property in August 2019. And started payment of Home loan from September 2019.
The property was under construction at that time. I have received the Completion certificate on 15th May 2020.
Interest paid from September 2019 to March 2020 = 2,84,000
Provisional Interest amount from April 2020 to March 2021 = 4,83,000

I would like to know:
1. Will I be able to get exemption for the Pre-construction amount paid from September 2019 to March 2020 while filing the Income tax for financial year 2019 - 2020?
If YES, is it beneficial to claim the whole amount at once as I found that it can be used for exemption in 5 separate installments?
2. Also, will I be able to claim the Stamp Duty/Registration charges in Income tax filed against financial year 2019 - 2020?

Please guide me.

Thanks

Dear Sir,

I have received an Advance of Rs 1 lac from the party in December 2019 for which I issued him a bill and paid the GST. Now in July 2020 I have prepared the bill for the balance amount of 3 lacs and paying gst on it.

My query is that I have issued 1 bill in fy 19-20 and the other bill to the same party in fy 20-21. While taking this into accounts should I consider these bills separately in different financial years or take in one of the financial year. The final amount will be received by the party in July 2020.

Please help me in this matter.

Regards,
Divyesh Jain

The Person Register in India . he provide management tanning services to UK company online . he is not going abroad for given training he is given Training through online base like online seminars .

so My question is which is place of supply ??? . he is liable to pay Tax ???? if he has LUT ??? which Tax is Applicable CGST +SGST or IGST???

Also confirm as per which Section ???

Dear Sir,
Good Morning,
One of our staff left organisation on 14.03.2020 & she is working as an consultant in our organisation.
She has worked for 14yrs in our company. Now, she wants to withdraw Pf (Rs3 lakhs) & pension amt (Rs.1 Lakh).

She need to fill Form 15G. She is a tax payer & filed ITR for fy 2018-19 (Ay 2019-20). Please help me to fill SLNo.17 Estimated total income of the py (ie. Rs.3Lakhs (pf) + Rs.3.33Lakhs(yearly income)=total Rs.6.33Lakhs. (is it right)
Please let me know after submission of form15g for Rs.6.33Lakhs whether TDS will be deducted or not.
Thanking you,

Dear Sir

We have purchase return of goods and through Debit Note with E-way Bill. We have reverse the Input credit with the earlier input credit and the party will issue Credit Note.

It is clear that we don't have to show debit note in GSTR-1 return but my query is whether the Debit Note No with the series to be shown in Document in our GSTR-1 return.

Thanks

Respected Sir,

March 20 GST liability of Rs 13 lacs was payable on 20-04-20 which has not been paid as yet because of which March 20 GSTR-3-B is still pending for filing and hence therewith all the forthcoming returns till June 20 ahead with March 20 standing in que will remain pending for filing.

I shall be highly obliged to you should you kindly let me know please working of interest payable on Rs 13 lacs and late filing fees till today.

Hope you will please guide me and oblige.

Hi Sir,

Greetings!!!

Query - Can we claim ITC of Invoice belongs to July2019 in July2020.

Please help me with the law & provision reference also.

Thanks and regards,
Raj Yadav

While validating Correction RPU for 24Q (Q4 : 2019-20), an error is shown as T-FV-4040 'Total Taxable Income(355-366)' not equal to the Difference of 'Gross Total Income(338+352)' - 'Gross Total of 'Amount deductible under provisions of chapter VI-A under associated Salary Details-Chapter VIA Detail' .

Please help me how to fix such error

Sir/Madam

We had filed 24Q Q3 return for the FY 2019-20 by including bonus amount of employee. The revised return got rejected by mentioning reason VALIDATE FOR TOTAL AMOUNT OF TAX DEPOSITED. We are getting this error again and again. we just added only bonus amount and we did not alter any of tds amount against any employee.

How to rectify this error while filing revised return.
Regards
P.Saravanan.

KINDEST REGARDS TO ALL OF YOU

CAN ANY ONE GIVE ME A LINK SUCH THAT SHOULD PROVIDE ME A CHART OF INCOME TAX SLAB FOR THE AY 20-21 AT A GLANCE

I SHALL BE HIGHLY OBLIGED