Suresh Yadav

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.


Harshu
25 March 2019 at 16:11

Query regarding job

R/Sir or Mam
I have to ask that I have done my articleship in small size firm and there I did only income tax return and VAT returns work and now I have to ask that I want to do job in companies not in CA firms. So, I have one query that is my subjects knowledge and my articleship experience is sufficient to work in companies or I should to take work experience in some top twenty or Fifty CA firms for some time before finding jobs in companies.
Kindly request to please provide resolution of my problems as soon as possible.
Thankyou


JYOTI GOEL

Assessee received rs 15,00,000/- as fellowship amount from govt of india through recognised university for research and study in foreign country. What will be the taxability of this amount


Himanshu Arora
25 March 2019 at 15:49

Change of ito ward after filing itr

Sir,
I have e- filled my itr for the first time for FY 2018-19 with my address where I was residing earlier. Now my current address is different and the ITO ward is different.
I just want to know can I change it by revising my return before 31-03-2019?
Also I didn't add my current account details while filing itr.
Can I revise it?
Thanks nd regards
Himanshu Arora
arorahunny707@gmail.com


avrandco
25 March 2019 at 15:12

Deductions u/s 194

TDS deductor of our client has deducted TDS u/s 194C instead of 194IB. Because of that, department had included that income, on which TDS u/s 194C has deducted, in Income from Other Sources. How to deal with this situation?
please, give me quick reply.


Jagadish
25 March 2019 at 15:02

Form no. 10e

If an employee received arrears of salary in FY 2018-19 related to FY 2017-18 then for which year form 10E is to be submitted.
i.e for Assessment year 2018-19 or A.Y 2019-20.


CA AJAY KUMAR AGRAWAL
25 March 2019 at 14:30

Msme return (first time)

Dear all,

Is there any updates on due date on filing of MSME Return (the old date of which was 22nd Feb 2019)?


PARTHA DUTTA
25 March 2019 at 14:11

Tds on sac : 998555

What would be the TDS rate for SAC : 998555 as 'Travel Arrangement, Tour Operator And Related Services


Monika

In one of my client's case, for few invoices, CGST and SGST credit has been taken instead of IGST in GSTR 3B in f.y. 2017-18. This issue got highlighted at the time of checking of GSTR 2A for f.y. 2017-18 with purchase register. Is there any way out, how can this be corrected in current f.y. GSTR 3B.

Thank you in advance


Mahabir Prasad Agarwal
25 March 2019 at 10:06

Loss by partnership firm

If a partnership shows net loss from the business, can Tax Audit U/S. 44AB is compulsory ?





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