M a salary earner...don't file 12bb wid my employer...for ay 2019.-20 n paying rent of rs 96000 pa...I want to claim deduction in respect of this...can I get it .if I claim in my itar
Plz...do reply...ty

GST to be paid on the marginal value (Sale Value - Book value) when the old vehicle sold (No ITC claimed because depreciation claimed and vehicles are Fixed Assets). But GST how much Percent Payable if registered person sold following 2 Vehicles???
1. 4 years old OMNI car 1100 CC
2. 5 years old TVS Mopeds of 100 CC

whether company can avail input on purchase of uniform of employee.

"ABC & Co." paid Rs 10 Lakhs+5% GST to "Travels Ltd" for Private tour of its Sales Partner and Authorized dealers, my question is whether "ABC Ltd" is eligible to take ITC @5% paid on Rs.10 Lakhs to Travels Ltd ?

Dear Sir

Can an Individual claim Deductions u/s 80C for paying the below ??

1) Locker Rent including Tax & Cess
2) Depository or Annual Charges deducted by Bank for maintaining the Bank Account
3) Dividend Recieved from MF or Equity.
4) Debit Card or Credit Card Annual Fees

Please advice.

Dear Sir ,
The dealer is a trading concern & registered under gst act in odisha since last ten years my turn over is below 20 lakhs want to cancell my registration certificate wef 01/04/2019 due to enhancement of minimum limit for registration from 20 to 40 lakhs .The dealer is dealing in medicine in retail and presently he is a composition dealer under gst act .Please advice when to apply fore cancellation the dealer will contuning the business and the turn over will below 20 lakhs .

with thanks & regards
chinari ganesh.9437339943,8018753174

There is Change in Partnership Deed due to change in partners.

What is the procedure to update the same with Registrar of Firms Gujarat.

I want to know if TDS is to be deducted while making payments to party on account of Arbitration Award in its favor. If Yes, under which section and percentage??

FACT:: An Open Commercial plot is co-owned by two individual person and they want to create LLP in which they will be partner. They will give said plot to newly formed LLP on long term lease for 99 years on nominal rent.

Business of LLP will be renting of warehouse which will be constructed on said plot. The total construction cost will be paid by LLP.

There are two options available to construct warehouse, First option is to do self-construction by assigning local labours with all material to be purchase by LLP. Second option is to give contract to some builder (Regd. under GST) to construct the warehouse. In both the options, it will take at-least 6 months to one year to get warehouse constructed and ready for renting out the same.

QUERY:: Will LLP get GST ITC on consideration (expenses incurred) paid for constructing warehouse? If LLP gets GST ITC then it will utilise this ITC against subsequent GST Liability resulting from rent income earned from this new warehouse.

Dear experts please give your valuable opinion/remark to resolve my above mentioned query. This will also help readers to gain knowledge in field of GST. Many Thanks.

FACT:: I run proprietary business registered under GST and engaged in the business (service) of renting of warehouses in Bhiwandi, Maharashtra. I have one owned open commercial plot on which I am planning to construct warehouse and subsequently, renting this warehouse to earn rent. I have two options available with me to construct warehouse, First option is to do self-construction by assigning local labours with all material to be purchase by me. Second option is to give contract to some builder (Regd. under GST) to construct the warehouse. In both the options, it will take at-least 6 months to one year to get warehouse constructed and ready for renting out the same.

QUERY:: Will I get GST ITC on consideration (expenses incurred) paid for constructing warehouse? If I get GST ITC then I will utilise this ITC against my GST Liability resulting from rent income earned from this new warehouse.

Dear experts please give your valuable opinion/remark to resolve my above mentioned query. This will also help readers to gain knowledge in field of GST. Many Thanks.