Our company has registered under GST regime and paid rupees 560(500 + 6% CGST + 6% SGST) to a Regd. GTA. In our GSTR2A of December 2019 has shows the same 6% CGST & 6% SGST. Can we take this credit in our GSTR3B

Our company a PSU, constructs new electrical sub stations and undertakes up gradation of electrical infrastructures and for this places orders to contractors. Contractors delay in completion of projects and LD is imposed by our company on the contractors and collects LD from contractors by way of deduction from their bills. What will be the treatment of LD in books of accountants of our company, i.e. can it be capitalized / reduced from the values of CWIP/Fixed Assets or can it be shown as an other income in books of account ? Please advise.

An individual is providing writing/ editing services for a house magazine/ book to commercial organisation. It is not an advertising service. He is not covered in the category of professional as listed in 44ADA. But TDS is being deducted under 194J. In his case is sec 44AD applicable or 44ADA, (merely because deductor is deducting tax under 194J or it has no relevance?)

Can I Amend/Edit Commodity Name, Address in my GST Profile?

I am sole proprietor of two firms. Both are to be tax audited. GSTIN of both firms are different. After tax audit, how should I fill ITR 3 ? Whether combined figures of both firms are to be filled in ITR 3 i.e. in profit and loss account and Balance sheet ?

I am planning to take one insurance policy whereby I will pay premium for 10 years and insurance cover is there until 11 years from date of issue. From 12th year insurance cover stops but I will start getting deferred annuity for next 25 years and some lumpsum amount at the end of the policy. I want to know where the annuity is tax free under section 10(10D) or any other section or not? Thanks

A is the owner of a land.
B is a protected Tenant in the land.
A is giving B on ownership basis and free of cost 52.5% share of the land. In lieu of the same B is surrendering his tenancy rights to A with respect to the Balance 47.5% of the land.
Are sections 50C and 50D of the IT Act applicable to A in the above transaction.

I am curious to understand what happens if only one partner remains in LLP. Rest all partners are retired for summer or the other reasons

Hi,
I am taking deduction in full 1.5 lakhs under section 80C.
I am also taking deduction of Rs 50,000 under section 80CCD(1b) which is additional contribution by individual in NPS.
I have query regarding deductions on NPS under section 80CCD (2).
Can deduction by employer for NPS up to 10% of Basic under section 80CCD(2) be over and above total deduction of 2 Lakhs as stated earlier ?

thanks.

DEAR SIR,

I HAVE ALMOST LESS THAN 2 CRORE CLIENTS. SO I NEED FILE GST ANNUAL RETURN OR NOT.

PLEASE CLARIFY ME WHAT HAPPENED WHETHER LESS 2 CRORE TURNOVER IF NOT FILED ANNUAL RETURN. I HAVE FILED THEIR INCOME TAX RETURN MATCHING WITH TURNOVER OF SALES AND PURCHASES. ONLY 2 CASES ARE FILED AS U/S 44AD BUT THEIR TURNOVER IS LESS THAN 2 CRORE IN THE FINANCIAL YEAR 2017-18 AND 2018-19.

REGARDS