Sir,

In Excise Input Tax Credit Cenvat on Capital Goods available @50% in Current F.Y. & 50% cenvat available in next f.y.

what is rule in GST Regime on capital goods, can we take Input tax credit 100% in same year on capital goods or distribute as per use of life of capital goods?

For reference :
the credit claimed on capital goods in accordance with the provisions of clauses (c) and (d) of the said sub-section, shall be subject to the following conditions, namely,-
a. The input tax credit on capital goods, in terms of clauses (c) and (d)of sub-section (1) of section 18, shall be claimed after reducing the tax paid on such capital goods by five percentage points per quarter of a year or part thereof from the date of the invoice or such other documents on which the capital goods were received by the taxable person.

Pls. confirm

Are profit after tax and earning after tax one and the same thing?

XYZ is a proprietor of an ENT Hospital. The income generated by the hospital along with the proprietor’s other income such as 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 etc. 1) Can XYZ obtain GST Registration voluntarily, despite no statutory obligation? If yes, 2) will XYZ able to take credit of inputs / input services and later claim refund as there are no taxable outward supplies?

Dear Sir/Mam,
A ltd. registered in Haryana merged with B ltd. registered in Delhi. IN decalration form GST ITC 02 for transfer of ITC, both of their respective old GSTIN will be entered, but will it effect the treatment of SGST input because of transfer of all ITC from one state to another.

I have cyber cafe and online services work like online payment money transfer tickets booking and all others so i bank transaction is big in bank account more then 30 lakh and my profit is around 3-3.5 lakh so how i file itr and how to show these bank transaction in the ITR So please Tell me How File ITR And Which ITr File

hi
Our owner visit agra and delhi for busniess purpose.In connection with incurred hotel accomodation
hotel raised Igst 12% bill with our GST number.Can we claim this tax
with regards
Binu

Hi All,
I was paid X amount of retention bonus which was credited to my account after deducting tax of amount Rs. 1 lakh. With this bonus, company had given condition that i need to stay with same organization for next one year. Due to certain circumstances i am going to resign and move to another organization. Now my current company will ask me to pay back entire retention bonus which i am ready to but what about the 1 L tax which was deducted ? How can i claim it back ? If there is way to claim it back what particular document i will need from my current employer ?

I am a tenant without TAN. My landlord has increased the rent to a little more than Rs.15K per month from October 18. However the total for the FY 2018-19 will be less than Rs.1.8 L. Should I deduct the TDS? If yes when it should be paid to the IT dept and at what percentage?

I received a notice U/S 131 of the income tax act to present in personal and to submit books of accounts.
I did so in the given time and answered to their queries. After 2 months time of my continuous visits to IT office investigation wing they finally said that “ Your file is closed/cleared and no need to come again.”
I asked them for acknowledgment regarding my personal attandence and my submission of books and docs. They said there is such rule to give acknowledgment after completion of proceedings. Whether investigating wing is correct regarding non issuing of acknowledgement after completion of proceedings or shall I have right to get the acknowledgment from them???

Dear Sir.

I am an finance manager in pvt company. I have received a bill to make payment for weigh bridge. can you tell me which ledger to be account this transaction.
(i) whether TDS is applicable?
(ii) if applicable what is the slab and the rate of TDS?

Notes:
In our factory every truck will check the weight and then it will allowed inside factory and the month end they person will submit consolidated bill .The weigh machine is owned by individual and not by the company.