I HAVE FILED ITR-3 OF AN PERSON THROGH COMPU OFFICE .WHICH HAVE HP LOSS AND LONG TERM CAPITAL GAIN AND BUSINESS INCOME ..SOFTWARE AUTO SETS OFF THE HP LOSSES FROM LTCG THUS TAX ON SPECIAL INCOME REDUCED BY THAT AMOUNT.. NOW DEPARTMENT HAS ISSUED A NOTICE THAT THERE IS DIFF. BETWEEN SPECIAL INCOME ...NOW WHAT TO DO ?????

Sir,

One of our friend, who is runnig a Restaurant, has migrated from VAT to GST in July 17 and was in Regular scheme upto Nov 17. In Dec 17, he switched over to Composition scheme.
His annual turnover, including VAT period during the F Y 2017 - 18 has crossed Rs. 1 Crore. However, if we exclude the turnover for the first 3 months under VAT period, the total turnover ( Jul 17 to Mar 18 ) is below Rs. 1 Crore.
Has he crossed the ceiling amount of turnover under Composition scheme for the F Y 2017 - 18. And if so, what is the remedial action for this.
Kindly advice.

Sir,

Can we avail unclaimed ITC pertaining to the purchase of machinery in Dec 2018 now ( in Jan 2019 Rtn )
Pls. Advice.

Dear Sir/madam,

I Will Export material to Germany but Ship to address China and payment will received in EUR then GST will be applicable and in Custom which document required to submit.


Thanking You.

dear sir, Can individual who is manufacturer of iron doors & windows opt for sec 44ad for filling his itr for a y 2017-18. my question is this whether manufacturer can opt for sec 44ad for filling itr if satisfy other conditions of sec 44ad. or this scheme is only for traders.

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.