Annai Arul

Can we claim ITC for gold/silver purchased for own use & it will not be given as gift to anyone


Swati Uniyal

We are running a business of transportation of school students. However we do not receive any consideration from school nor we raise any invoice on school. Entire consideration is received from school students directly. Now my question is whether these services is taxable or exempt?


TARIQUE RIZVI

Respected Sir,

Whiling fixing the due date for GSTR-3-B there is a criteria of sales turnover in preceding financial years ( less than 5 crores and more than 5 crores ) and accordingly due dates are fixed.

Whether the same issue is with GSTR-1 due dates?

Whether the due dates for GSTR-1 are not related with sales turnover in preceding financial years

Please guide me and oblige.


MADHAV UPADHYAY
08 August 2020 at 23:50

Internal auditor appointment

Practicing chartered accountant who is a statutory auditor of the company, can do internal audit of that company through company/llp in which his wife & cousins are directors (That ca is not a director of that professional company. he is shareholder only)


vikram
08 August 2020 at 21:33

Interest on wrong claim of itc

sir,
please clear the confusion that interest rate applicable on reversal of wrong claim of itc in gst WITH OR WITHOUT INTENTION OF FRAUD.(By Drc-03)
is it 24% or 18%


P. SHARMA
08 August 2020 at 21:24

CAR PURCHASE

One of my friend will purchase a car . Suppose car value of Rs 750000/-. He will pay of Rs 195000/- as a down payment . Bank will provide the loan of rest of the amount.

please inform me, if he is unable to pay the EMI , ownership of the car to be transfered to the Bank.


P. SHARMA
08 August 2020 at 21:21

CAR PURCHASE

One of my friend will purchase a car . Suppose car value of Rs 750000/-. He will pay of Rs 195000/- as a down payment . Bank will provide the loan of rest of the amount.

please inform me, if he is unable to pay the EMI , ownership of the car to be transfered to the Bank.


THOMAS ANTONY
08 August 2020 at 21:18

Earn leave encashment

I am a central public sector employee retired from service this year, whether leave encashment amount (8 lakhs) received is fully exempted from income tax at the time of retirement?


Ajay
08 August 2020 at 21:01

Propritiorship firm license fee

I want someone professional to fill 3 forms for me which are as follows:
1) FSSAI for 2 year
2) Shop and establishment license for 1 year
3) GST registration Can you please let me know the govt.+ professional fee.


Please let me know the govt.+ professional fee.


Ajay
08 August 2020 at 20:42

License fee

i want someone professional to fill 3 forms for me which are as follows:
1) FSSAI for 2 year
2) Shop and establishment license for 1 year
3) GST registration

Can you please let me know the govt.+ professional fee.