XYZ is a Doctor (Proprietor) is running an ENT Hospital. Apart from his income from the hospital which is exempted from GST, he is also earning through Residential premises given on rent, capital gains, bank interest, FD interest, interest on loan given to a company, interest on PPF and dividend. All these incomes including from the hospital are exempted but is crossing the threshold limit of Rs.20 Lacs. Is XYZ required to obtain GST Registration?

Dear Sir's

A Partnership Firm have entitled a Commission on Book Profit @ 90% of First Rs. 75000/- or 100% of First Rs.50000/- whichever is more, 60% of the next Rs.75000/- and 40% of the Balance Book Profit " as per agreement made by the Partners.

Ratio of Shares are 70% & 30% accordingly.

The Firm having a Book Profit of Rs. 2,85,316/- during the year before the Partners Commission .

Would you please advice , how can we calculate the Partners Commission?

Its very much help us for accounting the same ? Waiting for your valued reply

Regards

Dear Expert,
Can anybody explain what's present system to file GSTR6 ISD return ?. Now reject, Pending, Accept options are disabled. Some previous month credit which was kept pending is now showing available for credit in 4A but what about current Credit . Kindly elaborate & guide suitably to enable us to file returns.
With regards
Hari

Dear Experts
1st I am not service tax practitioner.
my client received Show cause notice from ST department, for pay ST.
he is neither Transporter nor owner of Truck. but as per 26AS he has transport receipts of Rs 10,40,248 for the FY 2013-14 and 10,09190 for FY 2014-15.
1) is he liable to pay ST
2) how i should draft reply in batter way
please help me.

pio/oci -u s citizen, has bank f.d. interest income only, in india below 2lakhs.for ay 2018-19
which itr to file and what is basic exemption limit,,male below 60 years age.
what exemptions are available like 10000/ bank interest

Hi Sir, We had forgotten to file an ITR for F.Y 16-17. Is their any way to get it fill now. We have a refund around rs 28,000/- but we want it only for loan purpose for our business only.

Can TDS on FD interest be exempted for Social Cause

Dear Experts,

Please clarify, whether a Scanning centre owned by a Medical Practitioner (Radiologist) is exempted from GST or it is chargeable to GST @18% as per Notification No.11/2017?

Thank you

The pvt ltd company is a advertising agency and making payment to press for the advertisement of its clients. Now I want to know whether TDS u/s 194c will be deducted on payment to press or not????

Error Description

As per the details mentioned in the return taxpayer is

required to maintain books of accounts under section

44AA, but Part A of P/L and/or Part A B/S. have not filled

Received above notice as defective return u/s 139(9)

We are Pvt Ltd Company and filed ITR 6 for A Y 2018-19. We provide Company Secretarial Services

IN ITR 6 we had mentioned not liable to maintain accounts as per section 44AA.

Also details in Sheets "Balance Sheet" and "Part A- P & L" in ITR 6 have been filled

My question is how to rectify the Return of Income ?