Do we need to mention GSTN on the letterhead of the Company? If yes, then please mention the relevant provisions for the same.
My friend earns salary 6 lakhs p.a. He received assets worth 2 cr from parents for his marriage in 2010. Though he don'n have requirement to disclose assets in ITR, still he voluntary want to disclose all his assets. Can he do so? if yes in which ITR?
Thanks in advance.
We are being a security service agency whether liable to charge GST to a third party client who is not located at SEZ area but they took our service / manpower to provide them to a SEZ area. Since we are not directly dealing with SEZ area then we have to charge GST as per my concern. What you think? Is this right procedure on not?
Early reply is appreciable to all of you
One of my client Have Income from Foreign Countries as Salary Income.
He received the salary from that Foreign Companies to His NRE Account in India.
Is such salary taxable in India ? Is the Interest credited on Such NRE Account is taxable in India ?
Also what is the due date for his Income tax filing in India ? what are the incomes considered as taxable in India? Anyone Explain this ... kindly
If a company is contributing to PM Relief Fund as CSR, will it get tax exemption under Section 80G ?
We have a TRUST for Charity Purposes, if we contribute an amount of Rs 13 lakhs (13 lakhs to be spent under CSR) to that Trust will it be considered as CSR expenditure ?
Why intimation (U/S 143 (1)) comes from the IT department.
Hello Sir !
Now that Income Tax Return Forms have changed,
which ITR is applicable to partner of Partnership Firm?
ClearTax Says ITR 2, but i'm not too sure whether that is correct or not.Reason being there is
no 'Information about Firms in which you are partner' Tab in ITR 2.
Could you please suggest?
Dear Experts,
My query is regarding, Purchase of Immovable Property.
Mr. Ramesh (Buyer) purchased Immovable Property from Mr. Mahesh (Seller).
Details of Property : Market Value = 651000/- , Consideration Value = 437000/- (As per Sale Agreement)
Mr. Ramesh made Cash Payment of Rs. 220000/- and 437000/- by Cheque to Mahesh. BUT
Mr. Mahesh mentioned only 437000/- to sale agreement. (consideration Value) remaining 220000/- not consider in consideration value.
Situation is, Under valued property is purchased by Mr. Ramesh.
I want to know the taxbility in hand of Mr. Ramesh (Buyer) and Mr. Mahesh (Seller).
If Mr. Ramesh will pay tax NOW on 214000/- ie. ( 651000/- Minus 437000/-) by considering it "Income from Other Sources" ,than what will be effect of capital gain when Mr. Ramesh will sell the property.
Please help me expert to understand this situations.
I want to surrender my gst no .what is the process of surrendering.
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Gstn on letterhead