Syam
27 June 2019 at 10:04

Gst rate on central government works

Is all government works are 12% or specified works ?


Neel

Dear Experts,
In which section of Schedule FA of ITR-2 form for FY 2018-19 should the following information be reported?
1. Foreign equity holdings that are held at the end of FY 2018-19
2. Foreign equity holdings that are sold during FY 2018-19
3. Dividends received from foreign equities during FY 2018-19

In prior years, I had reported the above information in Section B of Schedule FA (Details of Financial Interest in any Entity held). However, FY 2018-19's ITR-2 form has been updated to include a new section A3 (Details of Foreign Equity and Debt Interest held). I would highly appreciate it if an expert could clarify the correct section to report each of the above details.

Thanks in advance for your insights!


SATISH CHANDER

This query is re: Claiming ITC in case of Export of services without payment of tax
How to claim refund of Trans-1 balance remaining unutilized brought forward from service tax regime
in case of export of services without payment of tax .
Further ITC for RCM is still not adjusted , can it be claimed back.
I am applying for 2017-18 ITC unutilized /accumulated for 2017-18.
Please guide.


sundeep
26 June 2019 at 19:14

Bank tds and form 26as

I prematurely withdrew my FD in Vijaya bank in April 2019. They paid me 22500/- on Rs.5L FD as interest after penalty.But in form 26 AS they are showing 29002/- as interest. They informed me that the difference is deducted as tax on 2April 2019 and will reflect in FY 19-20, 26AS. How then would I be able to claim refund for this TDS in my next return FY 19-20 . where there will not be any interest shown against vijaya bank under column TDS deducted in form 26AS then

Read more at: https://www.caclubindia.com/experts/details.asp?group_id=2745619


sundeep
26 June 2019 at 18:46

Itr -4s form filling

WHAT SHOULD I FILL UP IN BUSINESS NAME COLUMN IN ITR4S. I DO NOT HAVE BUSINESS. BUT I GET PAID AS A CONSULTANT FROM A STRUCTURAL ENGINEERING DESIGN FIRM FOR WHOM I WORK AS A CONSULTANT AND 10% TDS IS DEDUCTED BY MY EMPLOYER FIRM.

THE SUB HEAD IS ENGINEERING AND TECHNICAL CONSULTANCY


PARDEEP KAPIL
26 June 2019 at 17:56

Expenses

DEAR FRIENDS : DURING FINANCIAL YEAR ONE OF MY CLIENT HAS PAID RS.TWO LAKH AS TRADEMARK EXPENSES.. OUT OF THIS RS.1,50,000 IS TRADE MARK REGISTRATION FEES AND RS.50,000 IS PROFESSIONAL FEES PAID TO LAWYER... NOW CAN I TAKE THIS TO "FIXED ASSETS" AND CHARGE DEPRECIATION AND IF ANSWER IS YES THAN WHAT RATE OF DEPRECIATION FOR "ROC" AND WHAT RATE FOR "INCOME TAX" THANKS


Hariharan
26 June 2019 at 16:50

Gstr 9

What should we do, if ITC shown excess in 8A (output of 2A) what exactly we availed credit, where it can be pointed out??
If any shortfall in 2017-18 and the payment made in 2018-19, where the same can be added ???


Nagaraj.B.R
26 June 2019 at 14:27

Sale of property

Dear Sir,
I have a property belonging to my uncle earned from his own sources. My uncle was issue less(No child). On his death khata was transferred to my father in year 1982 after my aunt executed release deed favouring my father in 1985.

Later in the year 2004 my father and my mother both expired and the khata was transferred to me(individual capacity), my brother & my sister in the year 2008.

Issues:-
1. Can I create HUF and deposit the sale proceeds to HUF SB account as the money was not earned by me and belongs to my father.
2. The buyer is refusing to register in my HUF name as our khata does not mention it. But, is in individual capacity.
3. If I put the PAN in my individual capacity in sale deed, TDS @ 1 % will be deducted and will go to individual PAN.
4.Can I deposit sale proceeds to HUF account and deposit in 54EC bond from my HUF PAN and SB account to claim exemption from Capital Gains Tax, though TDS is dedcuted from my individual PAN.


Amandeep Singh
26 June 2019 at 14:25

Goods bill

Dear Sir

We have Puchased Goods from creditors approximately RS .188400/- ( 2 Bill) in August 2018.
But they have yet not filed the retun So can We reverse excess ITC in GSTR-3 B

Please advise tous


ARCHANA
26 June 2019 at 13:57

Annual return 9 and column 8a

Sir/Mam,

Annual Return 9 column 8A showing my ITC less than our ITC , as per our 3b and our records ITC (Purchases ) is
correct, but we have not claimed any expenditure in 3B it is showing in 2A,

How to know which itc showing in 8A column, what they are consider

please help me in this regard

Thanking you





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