Dear Experts..we got issued LUT for zero rated supply in February 2019 for contract work from SEZ. Our contract work was completed in March but Bill could not be handed over to the party as they said that we will accept Bill after inspection work is done but they didn't do it before 31st March 2019. We have already filed GSTR 3B of March 2019 and they completed their inspection work in April. We didn't show the Bill which was raised against LUT in GSTR 3B of March. Can we now handover Bill to them of April date with mentioning LUT which was issued in February 2019?
I am asking this question because validity of LUT remains for one financial year which ended on 31st March 2019.


Thanks in advance

If X has a Property oh which he has issued the power of attorney to Y. Rental Income from that property comes into Y's bank account and Payer deduct TDS on rent on the name of Y. Y declare such rental income into his Income Tax Return Under the Head "Income from House Property". My query is that-
1. Who will be the owner of the property as per charging section 22 under the head Income from house property of Income Tax Act, 1961 ?
2 In whose income this rental income will be included X or Y.

Kindly give your valuable suggestion.

Thanks & Regards

Mine is a 100% proprietorship export firm wherein I issue only export invoices. My export invoices are numbered like 01-EXP-2019....02-EXP-2019 and so on. Now I am selling a MEIS license which is a local sale and it is a exempted sale under GST. My query is that WHAT INVOICE NO. SHOULD I USE FOR THIS SALE ? Like if my last export invoice was 04-EXP-2019, should I use just 05/2019 as the invoice no. and thereafter use 06-EXP-2019 for the next export invoice ?? OR should I use a seperate series beginning with 01/2019 as invoice no. for this MEIS License sale ? Will the system accept 2 invoices with the same nos ( 1 export and the other local sale ) Please advice... Thanks

my father was a govt employee who took vrs in oct 2018 and died in jan 2019 . no documents for retirement were signed by him and there my mother received all pension in may 2019. what will be the treatment for penion from nov to jan and jan to march and in which AY

dear sir,

One of my clients, who works on depositing challan on the basis of which they pay online, at the customer's behalf and taken cash from the customer ( i.e. E- Grass payment of stamp duty challan). Later, the same cash is deposited in the bank. And in return for this work, he takes commission from the customer. But the problem is that he has made a total transaction is Rs 7.50 crore transactions in his current account.
Now which nature of business show in ITR form and how can i determine business income in ITR.

I have a doubt about tds applicability section.. 
turnover is 1 cr. 25 lakh in FY 2017-18 but return file under section 44 AD. salary paid to employee is 5 lakh, soo tds on salary related provison are applicable or not? 

thanks and regards

If your salary is 40000 in that Basic is 30000, HRA 5000 and conveyance 5000 and deduction will be PF 2000 and TDS 2000 So what will be entry pass in books ???

Sometimes supplier receives invoice from service receiver e.g. in case of money transfer business, Airtel Money Transfer issue invoice for acceptance to service provider/supplier. The invoice is for a particular period say for the period from 01.04.2019 to 30.04.2019 but invoice date is say 15.05.2019. Now in which month should the supplier show the income and pay GST? In April, 2019 (i.e. the period for which he provided service) or in the month of May, 2019 as the invoice date mentioned by service receiver (Airtel Money Transfer) is 15.05.2019.

If net profit is 60,00,000 and we have paid advance tax Rs.5,00,000 then provisional for tax what in balance sheet at time of making ???

What should be the net taxable income to claim rebate u/s 87-A for the Ay 2019-20 ? I have heard upto Rs 5,00,000 rebate u/s 87-A can be claimed for the Ay 19-20. Is it correct ?