Respected Experts,
My query is regarding us 194M , as per my knowledge a taxable person (individual) not required to deduct TDS on his personal transactions . For instance a taxable person who has TAN and books are get audited us 44AB is made a payment of Rs. 55 Lakhs for his daughter's marriage with out TDS , in this Situation 194M is applicable to him or Not

An assesse has let out property @ Rs. 10000/- p.m. from April 1, 2019 and depositing GST and filling returns accordingly.

However, today, an agreement has been entered into to revise the rent amount from Rs. 10000/- to Rs. 20000/- p.m. w.e.f. 01/04/2019.

Please advise how to deposit GST and file GST returns.

Dear Sir

We are 100% Exporter and we starting our new pharma manufacturing unit in gujarat.
My question as below
1. Any rules for capital ITC exemption for 100% export unit.
2. Raw martial buy under 18% and Export under 12% and Capital ITC amount hung in our GST site which is increasing. Any rules for refund this amount.

Pls advise us.

As per cross border charges HO has to bill Branch for the expenses incurred on behalf of branch at HO.

Now my query is Shall we have to take Sale Value from Branch in our bank account if Branch is Having diff account for their transaction or we can adjust it in Branch Ledger.

As per my knowledge Branch & HO is one entity so just Debit to Branch and reconcile ledger at the year end.

need expert guidance on the same...

Dear Sir

Due to fire some stock has been burnt. i have made the entry in tally and reduce the purchase of Rs.96400/-
But how to reduce stock wise item from tally which the value of Rs.96400/- ( near about 250 packet of chips)

My client is holder of many properties. He rented these properties.
His Another project has started for building a theater. So My query is expenditure towards constructing the theater can it be claimed against rental income. Since his future goal is also to let out this property for 15 years after that property will be of tenant. Can house property income be treated as business income, because he does only that kind of activities. or Theater expenses can be claimed as business loss against house property income??

Please help me.

Respected Sir / Madam

My client is registered as a manufacturer under GST. Now he doing Job Work for his customer. receiving cool and making coke after manufacturing. after wards issuing job work invoice @ GST rate 18%. but after oct'2019 the rate was changed for job work to 12%. now confirm me what rate has to charge to my customer 12% or 18%.

Dear Experts,
One of the contractor supplied manpower to my company and he submitted bills every month . from Apr-19 to we are hold the GST amount and balance amount paid to contractor. That GST amount we are taken in Input credit from Apr-19 to Nov-19 but contractor not fillied GST Returns from Apr-19 to Nov-19. now he is not supplying manpower.
Can I reverse that ITC in GSTR 3B this month?
what action should be taken in this regards.

Pl give your valuable suggestions

We are register under association for maintenance of office building. Our Nature is “the expenses incurred during the month will reimbursement from the entire unit holder as per there office area and Same nature are following in case of Electric Consumption and both the reimbursement exp charge with GST invoice and credited separately in Profit and loss account as Maintenance charges and Electricity charges.

So in the Last financial year we have issue Maintenance invoice of Rs. 55 Lakh and Electric Bill of Rs. 75 Lakh. And we have filed the income tax without doing Audit under section 44AB as the income is reimbursement nature.

Base on the return we have received u/s 139 (9) that this account must be audited under section 44AB.

My question is

1. As per our nature of work this reimbursement of income should be considered under turnover definition of income tax for the purpose of Tax audit under 44AB? if yes/no please share the relevant definition .

Respected Sir/ Madam,
My query is as follows: CA is out of India for almost 1.5 years now.His practice is in India. Can he conduct GST Audit of Indian Companies? Data can be mailed to him. GST is all online. Is it Possible or out of law?

Warm Regards,
CA Kamlesh Mehra