when we use one courier registered in Karnataka to send couriers out side the country they are charging theIGST. How to account the same as we tried to entry supply as interstate and igst it shows error in gstr-3B please advise how to enter the courier invoice.Thanks in advance,
K.B.Nagesha rao
9448826793

Assessee is a flat owner in a society, society is in redevelopment.
Assessee is to receive new flat with additional area of say 500 sq feet against old flat.
out of additional area of 500 Sq feet , Rights on area of 200 sq feet is relinquished to developer against a consideration.
Taxability of such consideration ??

I have one lorry which I want to give on hire to a company for one month. what rate of GST should I change in the invoice for hire charges. suppose if the same vehicle is given on lease basis or rent basis then what rate of GST should we change. Kindly clarify.
Sir one more question What is the difference between Rent the lorry to Registered party and hire the lorry to Registered party

Hi,
Please not that recently we have converted our business entity from partnership to private limited co and got registered with you new GST. But some of our vendors are still using our old GST no. of partnership firm, even after informing them with our new GST no.
Let me know whether we can avail the ITC of the same from the GSTR 2A of old GST no.
Please reply back asap.

Please provide me the QIS statement format of Oriental bank of Commerce . Also want to know in detail that When we will give Performance, Estimated & Half Yearly QIS report to bank.

Dear Team,

whether I can get claim under section 80EEA for FY 2019-20 from salary income. Whether section 80EEA is applicable for FY 2019-20? Please help on this issue.

Regards,

Kiran.

We had certain mutual funds which were redeemed in September 19. On 3.10.2019 we recieved bonus units from the fund while already complete redemption of previous units was done.What will be the accounting entry for these bonus units and what will be the value to be shown.

An Indian Company is making payment to a German Non Resident for Booth Space Booking which includes : (1) Payment for Raw Space, (2) Professional Fees, (3) Other Charges in total amounting to 10000 Euro. Is there any liability for deducting Withholding Tax and issuing 15CA/CB. If yes, at what rate and if not, what justification can be given.

The activities are taking place at Germany itself. As per Article 7 of Indo German DTAA, "profits of an enterprise of a contracting state shall be taxable only in that state." Accordingly, can it be concluded that since the profits are not taxable in India, no liability of withholding tax and only 15CA be given in the case.

Kindly suggest urgently.

Dear Members,

I have a query regarding Purchase and Sale of a Residential Property and would be very grateful if you all could put some light on to it.

Ours is a family business and my father is buying a home worth 4.5 Cr in which we would take a loan of 3 Cr from the bank.
At the same time we would sell the house in which we are living at a rough price of 1.5 Cr within a period of 1 year after purchasing the new home.

This amount of 1.5 Cr we would want to use in our business after a span of 1 year but as per our CA this 1.5 Cr would be applicable for Capital Gain.

My question is that when we are already buying a residential property and taking a loan of 3 Cr and selling a our exiting house within a span of 1 year then why will Capital Gain be applied to the 1.5 Cr what we will get after selling our existing home. Pls suggest

Sir I am lifetime chairman of a public charitable trust and there are another three settler trustee in trust while registering I was declaired lifetime that I shall be lifetime chairman but my co -trustee passed resulution that we amended in trust bylaws and remove me from chairman can registrar can amend in original trust deed