Dear Sir/Madam,

We are a registered dealer received advances from customer for sale of goods. if we have to pay the GST for that advances received? and also they given a notification no. 66 is said advances received from customers for sale of goods is not required to pay gst. our gst consultant is said that advances received from customers is must be pay the gst if any notification is there related to that thing kindly share the notification or guide me how to tackle this thing.

thanks & regards
Sendhil

Dear Sir/Madam,

One of corporate assessee conduct lucky draw among their Employees and Dealers for achieving target.
in lucky draw few dealers win Car and bikes (amounting Rs. 1,00,000 above)
i have a doubt whether company required to deduct tds or collect tds amount from dealers

please suggest me along with case law, if any.


Thanks in advance

As per provision of section 35 (5) of CGST Act, every registered person whose turnover exceeds prescribed limit has to get his accounts audited by CA or CWA. I have following questions:
1) if accounts of the company as a whole is already audited and submitted to company registrar say on 11.09.2018, last date of filing audited accounts and annual return on gst portal is 31.03.2019, GST auditor of branch of the company and company auditor are different persons/firms and appointment of gst auditor is after 11.09.2018, then is it necessary for auditing branch accounts again by branch GST auditor or it is sufficient to prepare GSTR 9C with certificate by branch gst auditor?
2) If company audited accounts are sufficient compliance of section 35(5), then what is the meaning of " submitting audited accounts with gst annual return" in case of branch gst annaul return filing as it is distinct person, i.e. separate accounts is to be prepared for branch and get it attested by company auditor or uploading company audited accounts?
3) As per companies act, 2013, only CA can do audit then conducting audit by CWA is against companies act?

good morning sir,

In hotel business , GST is nil rated for below 1000 /- accommodation room . But the hotel booking is done by online agent site like gobibo . we are paying commission to the online agent ,they are generating gst invoice with 18% on commission. Can we take gst input on commission which was paid on nil rated income . Please clarify it sir,

One of my client (A sole Proprietor) had an office premises as his business asset;
Cost Of Acquisition : Rs. 20,00,000/- , Purchased on 01/04/2010
WDV as on 31/03/2014 = Rs 13,12,200/-.

Now, this property was transferred to his personal balance sheet (at WDV) as an investment on closure of business (31/03/2014) and thereafter he stopped claiming depreciation on the same.

Now, he wants to sell this house property for Rs. 50,00,000/-.

Kindly help in computing Capital gain for A.Y. 2019-20.
Kindly give reference to section, if any.

Good Morning All Expert,
Please help me about this query
We hired a security agency named assumed ABC Securities. Sir at the time of Diwali Festival our company give some amount 14000 ie we can say that Bonus, Reward to ABC Securities Employee (500 PER SECURITY EMPLOYEE BEHALF OF US). Sir ABC Securities gives us bill @ 14000 behalf of this . Sir just wanted to knew that 1-Will Gst charge on this amount @ 14000 ie Bonus Amount
2-Will we deduct Tds on that Amount

Hello,

One of the company had fraudently used my PAN details to claim that TDS while I have not received any payment. I don't know whom to approach for complaint. I registered complaint with TRACES but they said that as TDs is deducted they can't take any action

Falsely, i have enhanced my salary as 11L(i have shown false TDS there also) & but previously (actually) it was 8L, and showed it to my present boss. On the basis of which i am getting a package of 16L now. But, right now, my employer is asking me to fill form 12B, where there is a clause of previous salary & tds deducted. How could i proceed in this situation now.
Please help me.

I have received notice u/s 139(9) for A.Y.2018-19, error code 332 and error description that " tax payer has shown gross receipt or income under the head " profit and gains of business more than Rs.1 crore, however part A of profit & loss a/c and/or Balance Sheet have not been filled and the books of accounts have not been audited."

Yes I have filed ITR-3 for A.Y.2018-19 as per above error but I have shown this due to I have shown net profit above 8% as per 44AD, and paid tax accordingly. As per 44AD if the turnover is below 2 crore and net profit is above 8% than no requirement of tax audit & books of account.

Please suggest what reply I submit to Income tax department.

I have received mail to reconfirm refund for ay 2018-19.
Plz suggest me why this is raise and what will be implication of this