If GTA Registered under GST ACT.And Transport service provided to PVT LIMITED Company(Logistic company).
In this case who is responsible to pay GST.

AND What are obligation from GTA POint of view
And What are obligation from PVT LIMITED Cpmpany point of view.

plz quote any sections and notifications issued under GST ACT.

Dear Member(s)
a clients dealing in agriculture
He has purchases potato and sold it , please suggest me this income is covered under which head .
this is agriculture income or business income.
and he has earned income from agriculture land, this income is covered under which head.


Thank

sir,
We have raised Tax invoice for goods sold. we have added Transport in Tax invoice & gst @ 18% is charged on transport. Now buyer asking GST code for transport. What code we have to put on transport in Tax invoice . And if we pur SAC code for transport then what rate we have to charges GST on transport. Pl clarify

We are the statutory auditor of a company X Pvt Ltd and the same company has acquired loan for the purpose of acquisition of shares of the other company say Y Pvt Ltd. These both companies are private company.The X Pvt Ltd has acquired 51% shares in following company. Now my question is whether the X Pvt Ltd will get benefit of deduction of interest paid on such loan u/s 36(1)(iii) of Income Tax act 1961. Please give your comment.

Thank you.

RESPECTED SIR

MY NAME IS PURUSHOTTAM KAUSHIK AND I BELONG TO MEERUT UTTARPRADESH. SIR I AM WORKING AS AN ACCOUNTANT AT MEDICINE WHOLE SALE DISTRIBUTOR, SIR I HAVE GST PRACTITIONER ENROLLMENT NUMBER ALSO AND SUBMIT OUR FIRM GSTR-1 AND 3B. SIR I BELONG TO LOWER MIDDLE CLASS FAMILY AND MY WHOLE FAMILY DEPENDING ON MY SALARY AND MY SALARY IS NOT ENOUGH FOR MY FAMILY.

SIR I WANT TO INCREASE MY INCOME AND WANT TO WORK INDEPENDENTLY AS A GST PRACTITIONER BUT DUE TO FINANCIAL PROBLEM I AM NOT STARTING OUR WORK THAN HOW I INCREASE MY INCOME.

Sir / Madam,

We normally disallow the Loss on Sale of Fixed Assets while calculating the income from Business or profession. Likewise we disallowed the profit on sale of Fixed Assets (ie. the income reduced with the profit on Sale of asset) in our computation of business Income. The IT officer CPC notify us by a communication posted in the Income Tax Site in our Login what we did is wrong. We cannot understand the logic behind why the loss on sale of assets is disallowed but profit on sale of assets cannot be disallowed while arrive the income from Business or profession.

Could you please explain the logic behind this subject.

Thanking you,

With regards,
Bazeer L

RESPECTED SIR
I WANT TO KNOW ABOUT ANNUAL RETURN OF GST. SIR WE ARE SUBMITTING OUR GSTR-1 AND GSTR-3B EVERY MONTH AT TIME THAN WHICH TYPE OF ANNUAL RETURN (ie, GSTR-9 OR 9C)WE WILL BE SUBMIT AND HOW. OUR ANNUAL TURN OVER WAS FOR LAST F.Y ABOVE 2.5CRORE IN FIRST FIRM AND 8.5 CRORE IN SECOND FIRM.

PLEASE SEND FULL DETAILS OF ANNUAL RETURN. HOW WE CAN SUBMIT OUR ANNUAL RETURN BECAUSE NO ANY LINK ARE SHOWING ON GST PORTAL. PLEASE SEND OUR ANNUAL RETURN FORMAT ALSO.

DEAR SIR,

IN MY CLIENTS FORM 26AS INCOME HAS BEEN CREDITED FROM A PARTICULAR PARTY BUT NO TDS HAS BEEN DEDUCTED AND MY CLIENT HAS NO BUSSINESS TRANSACTION WITH THAT PARTY AND ALSO DOES NOT KNOW HIS LOCATION NOR HAVE ANY CONTACT DETAILS OF THAT PARTY.
ON RECEIPT OF NOTICE FROM THE INCOME TAX DEPARTMENT THAT PARTICULAR INCOME HAS NOT BEEN CONSIDERED IN YOUR INCOME TAX RETURN I CLAIMED THAT MY CLIENT HAS NO BUSSINESS TRANSACTION WITH THAT PARTY.
INCOME TAX DEPARTMENT SEND A NOTICE TO THAT PARTY ASKING TO FILE A REVISED TDS RETURN AND A COPY OF SAME WAS SEND TO MY CLIENT FROM WHICH IT APPEARS THAT THE PARTY IS FROM KOLKATA.
THAT PARTY COUNTINUES TO CREDIT INCOME IN MY CLIENTS PAN AND SAME IS REFLECTED IN FORM 26AS.
HOW DO I DEAL WITH THIS?

The land was acquired tamilnadu govt for electricity power house in the year 1986. Those land was used by land owner for agri purpose. Initial compensation was received at that time. The land was situated at rural area.Now upon appeal enhanced compensation received by the land owners. The town was now converted in to corporation. The land was situated not with stipulated area for capital gain. But people in that area becomes more than 10000. Clarify for enhanced compensation date to be considered on original acquisistion or now?

Sir if the contractor does not have any GSt numbers how we will deduct the TDS or we will not be required to deduct TDS