Plz let me know ...if a person income is INR 180000 per annum but he made a transaction of 380000 per annum through Bank (EMI payment of loan taken in his name on behalf of others) whether tax is payable under income tax act 1961

Sir/Madam,
The Governing Body members gifted immovable property to an AOP Education Society not covered under Section 10(23)(C) and also not covered under 12A registration filing ITR 5 and paying Taxes on surplus income. The gift was immovable property necessitated by compulsion to retain recognition of the institution. The case apparently falls under Section 56(2)(x) read with Section 2(24)(xviia). Please inform if the case is otherwise?

SIR JANKARI LENA HAI 274 KE BARE ME

HELLO SIR

I PURCHASE SAND WITH ONE OF MY CLIENT XYZ. THEY GIVE ME TWO INVOICE. ONE IS MATERIAL INVOICE AND SECOND FOR TRANSPORTATION EXPS. THEY PAID TRANSPORTATION EXPS TO TRANSPORTER.

SO IN THIS CASE MY QUESTION IS THEY DO GST PROVISION ON MATERIAL INVOICE BUT NOT ON TRANSPORTATION EXPS. CAN WE LIABLE FOR GST RCM AND TDS ???

i missed to take invoice in GSTR1 in 1st QTR , can we take it in subsequent quarter with same invoice date or we need to change invoice date which is related to subsequent quarter .

A society registered u/s 12a not filed form 10 for asst year 2016_17,how can save penalty for non filling?

sir, I have a HUF client. Kartha of that Huf died recently. HUF consists of kartha, his son and daughter in law. Now, is the legal heir (son) required to obtain new pan card to continue the same business(of HUF) or is there any option to change name of kartha and continue the same pan.

what will be the implications on GST. kindly guide me.

I have received notice under section 234E for payment of late fees of Rs.1000.
My first qustion is."Do i need to revise TDS return already filed"?

2.IF yes then while creating new challan for late fees,which payment type i need to select there are two options 200(TDS/TCSpayable by taxpayer) and 400(TDS/TCS regular Assessment).

Hi,

I am an audiologist by profession and I run my own clinic. I use my car (registered owner is my husband) for daily commuting to my clinic and spend around 2000 for petrol every week. I am just wondering whether I can expense it off in my clinics books of accounts. Also should I show the SB accounts open in my name (not in clinic's name) while preparing the accounts. My clinic is registered as "proprietorship". Thanks in advance for your valuable suggestions.

Ours is Cement Manufacturing Company & purchased imported coal from local vendor who charged CGST,SGST & CESS@Rs.400/-. Everything Okay after 1 year now in one of our other unit requirement purpose the said coal we are transferring stock transfer basis..Off the above stock transfer some portion Stock before GST & some portion stock after GST. Please advise GST implication on Receipt Unit as well as Sending Unit...with respect to both the stocks ..