Mr. Raj who lives in Mumbai and order a smartphone for his mother and e-commerce seller is from Gujarat and his mom also lives in Gujarat so bill will be made on raj's name and his address but it will be delivered to his mother in Gujarat

what should seller charge as per my knowledge GST is destination based tax and in this scenario destination place is gujarat so CGST and SGST will be charged??

I have a Pvt. Ltd. company and i have given unsecured inter corporate loan to a company. The Company is not paying interest neither refunding the principle.
During prior years the company was deducting tds and depositing the same. But during f.y 18-19 the said company didn't deduct any tds and deposited the same. They have also not returned our signed confirmation for f.y 18-19.

This year i.e f.y 19-20 we have filed a case in court for the same calling for refund of my money along with interest.

So, should i provide for interest and tds in my books for f.y 18-19 or not.

1. According to sec 10(10D), LIC maturity amount will be exempted if the premium paid is not more than 10% of the sum assured.
2. I am assuming you have paid the premium for the entire year which comes to Rs. 59,520 (4,960*12). This is in excess of 10% of the sum assured (2,31,000*10%=23,100), hence the maturity amount will not be exempt in the hands of the receiver. Hence, deduction of TDS u/s 194DA @ 1% on the amount of Rs. 2,31,000 would have been deducted.
3. Hence, in the given case the entire amount of Rs.2,31,000 will be taxable under the head "Income from Other sources" in the year of receipt. Please correct me if the above solution has an alternative view.

i have filled form 102 and 103 on SSP and it has been approved by my principle but pending approval from regional officer. Now i dont want to register under the above principle .Is it possible to cancel the registraton before approval from regional officer

Sir / Madam

I would like to know whether contractor is eliglible to take credit of steel and cement in connection with contract provided to govt.
kindly answer at the earliest.

thank you
vimal kumar

ITC as per books RS. 100000
ITC as per GSTR 3B RS. 110000
Excess ITC Claimed in 17-18 Reversed in 18-19 RS. 12000
ITC of 17-18 Claimed in 18-19 RS. 2000

All ITC are for Inputs

1.In table 4(B) which amount is entered whether as per books which is actual or as per GSTR 3B
2.Whether reversal of ITC excess claimed in 17-18 reversed in 18-19 is reported in Table 7(H) also besides table 12 or In Table 7 only current year reversal is reported
3. whether ITC of 17-18 Claimed in 18-19 is reported in Table 6(M) besides Table 8(C) and Table 13 or in Table 6 only current year ITC is reported

Dear All,

If a person registered in Maharashtra and have a property in Delhi. And the same is let out to the unregistered peron in Delhi.

In this case, what tax is to be charged, CGST/SGST or IGST?


Thanx in advance.

My Client Have Personal Capital Assets(Gold/Silver)
He is Now Starting a Business (Jewelry Shop)-Proprietorship

He Want to Transferred Personal Gold to Business(Converting Capital Assets to Stock in Trade)

How to pass Entry in Tally
What is The Accounting For This ??
Please Help

We would transfer goods from our H.O to our one of our branch at Hyderabad for sale by invoicing adding IGST.
If some unsold goods are lying at Hyderabad, which would return to our H.O. Is it necessary to invoice the same adding IGST to our H.O and claim the ITC at H.O.

Please clarify the same.

Government paid rent of 2018-19 in the month of August, 2019. TDS remitted in a month of August, 2019 as rent was paid in August, 2019. Whether penalty is to be paid for Non-TDS during the year 2018-19 as rent accrued for that year and TDS challan paid for A.Y. 2019-20.