Kindly resolve my queries herein:

1. Taxability of Interest earned from Capital Gains Deposit scheme? I mean, should it be considered as other source or capital gains income for the current year?

2. If the interest is considered as income from other sources, is it possible to utilize the amount in any other purpose than buying/ construction of another property after paying tax on that amount?

Dear Sir

Is a Architect Liable To Deduct TDS for Payment Made Towards A modular Furniture made by a Manufacturer (Materials and Labourer is of the Manufacturer) as per Architects Designs.

Kindly help in this regards.

Thank You in Advance

Hi
I am not able to upload data in Utility template, i am getting errors like Invoice Date cannot be before 01-Jul-2017 for inward supplies & Invoice Date cannot be greater than To Return period for inward supplies

Sir, we are the manufacturer of ladies suits & made export to United Kingdom our customer first he paid some advance for that shipment after that we delivered shipment of ladies dresses then buyer is not paying the remaining invoice amount. Plz reply what we can do in this matter export custome shipping documents we have with airwaybill.

We have company and paid one time lease rent to noida development authority against immovable property and authority has charges GST on such lease rent, my questioned is that we eligible to take credit on such GST paid.

Dear Sir,
“the sub-contractor is eligible to discharged 12% GST to the main contractor for the sl. 3(iii) construction service category” instead of 18% from the effective date of 25th Jan-2018 as per the amended notification 01/2018 to the 11/2017 notification (as amended via 20/2017 dated 22/08/2017, 31/2017 dated 13th/10/2017.)

My client is Tamil Nadu water supply board we are doing the drinking water project from all over chennai, as per the contractor client has been provided the building for use free of cost…

In that place we are engaged sub-contractor to do the Interior works & labour works ect.,

Request you to kindly suggest us how much GST rate is applicable whether it is 12% or 18%

please advice,

my brother ( having Partner salary Income and HP Income ) filed ITR-3 for FY 2017-18. now he received a letter for IT department .That letter is Something about Error code 310 " Taxpayer having income under PGBP head but has not filled P&L and Balance Sheet as required in explanation (d) under section 139(9) read with section 44AA." Now , we are in confusion .what we have to do & how to response it ?

Can someone clarify How to reflect Sale of Agricultural Land in Rural Area in India in ITR2.
1. One option is to reflect it in "EI Schedule in para 4 - Other exempt income, including minor child" by selecting "Any other" from drop-down menu and including 'Sale of Agricultural Land in Rural Area' under heading "Description"
2. Not reflecting this profit may not be correct as per my wisdom.

In a firm there were 4 partners out of which one partner has died. Now remaining partners want to continue business in partnership and want to add a new partner . Plz provide me format/ draft of partnership deed in this situation specially in case of death of a partner.


Thanking you

Dear Sir, I am a builder , i sell normally each flat for RS 17,50,000, how ever in one case i sale the flat for rs 17,50,000 flat sale value, how ever i collected Rs 21,00,000 by way of account payment to my bank account i.e. my firm current account the excess amount is for interior designs & other works. my accountant shows Rs 17,50,000 in GSTR-1 & GSTR-3B, kindly confirm how to proceed in the annual return OR I can show excess amount in may 2019 month GSTR-3b & GSTR-1, which one is better and safe, kindly please guide us.