Someone guide me through following :
1. Where to enter the income on shares when "STT is NOT PAID"
2. Which ITR to be filled if i have SPECULATIVE LOSS (i.e. loss from intraday trading) from shares. Should it be treated as businees loss and to be shown under BP schedule in ITR...
One of female I.t. Assess purchases of House property value Rs:20,00,000/-
Assess own money Rs:12,00,000/- in bank account.balance amount rs:8 lacs funds received from assess husband and daughter through on bank accounts.
Question:
Funds received from daughter and husband allowed under I.t. and other (Benami )acts applicable.
Any gst registered regular and composite scheme dealers purchases of old gold jewellery from the customers.
Question:
Confusion of at present RCM applicable on purchases of old gold jewellery from the customers.
Compulsory Acquisition by NHAI of Agriculture land inducing Well ,Pump, Borwel, Pipes, farmhouse/House Constructed in Agriculture Land TDS Deducted sec 194LA whether Taxable or not If its Exempted how to Declare In ITR (TDS 10%)
I have taken Home Loan for Plot Purchase and it will start for construction.
Kindly advise i am eligible for Income tax deduction for this.
Dear is tds deductable on ocean freight as per sec 194c when it is mentioned freight in shipping bill ?? please suggest
Dear Experts,
I have well known about RCM provisions u/s 9 & Categories of supplies which attract RCM but have doubts on RCM while calculating GST liabilities for GSTR 3B,
For Example, I have taken GTA Servies which have not opted 12% So RCM charge will apply to me. Such I have to show in Output Tax & take ITC, Is it Right?. I think it's right but how should I pay such tax if such shown as OUTPUT & ITC then ultimate liability will be zero if no sales are made.
Please clarify me, its very helpful me if you explain with accounting entries.
GTA registered in MP (RCM applicable)
input tax credit shown in GSTR 2A
1. while filing 3B we need to first claim then reverse the itc or,
2. just file nil return and ignore the itc shown in GSTR 2A.
A gst registered regular scheme dealer notice received sec 61 in gst act.
Period :9/2019 to 3/2020
Gstr1 outwards supplies turnover Rs:48,60,524/-
Gstr3b outward supplies turnover Rs:45,50,258/-
Difference turnover amounts rs:3,10,216/-
Question:
How to adjustment producure difference turnover amounts shown in notice .
SIR
Q.NO.1
I Know that the proprietor need not open separate bank account for his business in his trade name of business. How ever, I want to keep the business transactions in separate account on my trade name. Can I do it sir?
Q.No.2
I expect the turnover above 50 lac in this financial year. Which ITR return to be filed?
Q.No.3
Some of my customers give cash for his purchases maximum as they are mostly buying for his own use. Any restrictions are there?
guide me plz
thanks in adv
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