N.V.R.BADARI NATH

A government organisation is providing acomadation and Food to its employees transferred from other state. The Hostel owner is charging GST @18% on the monthly rent of Rs7000 paid per person for 50 persons.
Is the organisation is liable to pay GST @18% or claim exemption as per notification 11/2017 please clarify


chandan pal
31 August 2018 at 22:26

Dd received high value

Mr.Roy is a salary person.Previous year he was submitted non taxable ITR-1. As on 31st July 18 he was received Rs.3 lakh DD from the company, due to companies various reasons. Hence while Mr.Roy submit ITR will he face many questions from IT Department? How to solve this problem.



Anonymous
31 August 2018 at 20:40

How to cancel surrender tan number

Hi

I want to know procedure for cancelation /surrender of Tan number


Please guide me



CA ZAFAR IQBAL
31 August 2018 at 20:28

Nri taxability

if Mr. X, an NRI indian who is employed in UAE , comes bck to india and does not returned. now he had provided some service from india to that foreign employer and the foreign employer provided some consideration for his work in his indian saving bank account.
kindly clarify the income tax taxability


pinley rods
31 August 2018 at 19:49

Capital investment

what is the limit for capital a sole proerietor can invest in business (cash)?


mustkeemalim@gmail.com
31 August 2018 at 19:45

Omnibus approval

What is omnibus approval in related party transactions


vijayakumar
31 August 2018 at 19:01

Accounting in tally


Respected sirs,
I bought a flat in 2005 for 100 Rs- entered as fixed asset. now I have sold it - in june 2018 -for 150 Rs. (TDS 1.5 Rs )ie recd148.5 Rs. Now I have bought another flat at 200 RS after 2 months- Now how should I enter or what ledgers should be created ? the extra 50 rs I have made by closing my deposits.
Please guide me to properly enter or entries.
Thank you very much.
vijayakumar




Anonymous
31 August 2018 at 16:31

Hra

I have one querry regarding HRA.Owner of rented premises is ready to give rent receipts up to certain limit only while I am paying rent more than that.so based on that I am getting less exemption.So is it possible to claim actual rent paid under 3rd condition of HRA in IT return?.Employer is deducting TDS based on rent receipts only.


J P MEHTA

Defect
Income from "Profits and Gains from Business or Profession" is greater than 1.2 lakhs but particulars as in "Balance sheet/Profit &. Loss Account" are not filled
Impact
Income Tax Return may be treated as defective if particulars in "Balance sheet/Profit &. Loss Account" are not filled
Suggested Resolution
Please fill Balance sheet/Profit &. Loss Account


Abhishek jain

i sale a property at rs 1 crore which is on joint name but the buyer deduct the TDS amount from a single name. now what we can do ?

1) if the TDS amount deduct from a single name is Rs 10lakh ( 1% on 1 crore).
or
2) if the TDS amount deduct from a single name is Rs 5 lakh (1% on 50 lakh)

what to do in both cases






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