I returned from US on July 17th after staying there since Oct 2011. That makes my stay for US Financial year as 197. As India follows Apr to March financial calendar, i will also satisfy 186 days plus rule for India. My US income tax has already been withhold and my company Pay dept. is saying that they will deduct my tax for salary in US in India also. I should be a RNOR i.e. nonresident but ordinarily resident and earning in US should not be Taxed. Please let me know what are my options.

I work for TCS which is Indian Company and also registered and Traded in USA.

respected sir,
my client is a contractor provides serivce to individual person for contruction his personal house on labour rate basis. what will be the rate of gst on such service. help me

Hello Sir,

As an NGO we are Section 8 Company and does not fall under GST criteria but because of some reason we have to register our company under GST act.
but now we come to on conclusion that we have unregistered our organisation .
for that we required Board resolution
It would be great if you provide draft for the same.

Thanks a ton

Sir
I am a share holder of a private limited company since incorporation. Now the book value of each share is Rs. 80 and face value is Rs. 10. Can I transfer some of my share to other person (not relative) at face value. If yes then how much tax I have to pay or the buyer have to pay.

sir,
i found an invoice on which gross amount is Rs 2360/-inclusive of 18% gst (2000+180+180) but there is no bifurcation in cgst and sgst block only cgst amount is shown. so can i claim input tax credit in such situation other things are all correct. kindly guide

Dear Experts,

Is it compulsory to conduct Audit by the GST Department of those assessee whose turnover
is below 2 Cr., if yes what will be the procedure. What will be the criteria of this type of assessee
to conduct Audit. And what type of records to be audited.

Please guide me.

Regards,

Rakesh Sharma

Sir / Madam,

We are the Importer and registered under the GST Act in the state of Maharashtra - Can we import the material at Mundra Port Gujarat and dispatch the same material directly from Mundra Port within Gujarat only or to any other State and can we do the Billing from Maharashtra with IGST charge.

Request you to kindly revert for the same as earliest.

dear sir/ madam
i submitted article ship complication but mistakenly reported leave 180 day and the icai terminated my aricle ship and got extend 30 days then what is the procedure of rejoin article ship and also maximum time limit of the join the aricle ship

dear sir/madame
i am retired senior ctzn paying INCOME TAX regularly
presently i am trying to sell residential land property
i want to be clear on the applicability of LTCG tax in my specific case
now my background for review re this matter
1 i own one residential flat purchased in 1975 mumbai, from my self earned funds which i have declared as self occupied and continue to do so
2 i inherited a family residential house property bangalore in 1996 for which i am only the present custodian (khartha) and i pay taxes towards the income earned by letting it out thru my individual IT returns. (not filing any HUF returns etc as we were not allowed to form HUF at that time or so as i was vaguely told.)
only my wife and two children will be eligible for share in this property after me .
3 i purchased three residential plots out of my self earned funds in 2000 original value around rs 5 lakhs all three.today's expected value around rs 25*2+30*1=rs 80 lakhs.
these three plots i want to sell and before that i want to be clear on capitol gain tax as applicable in my case

questions needing your expert comments
re LTCG say rs 75 lakhs (tax@ 20%) leave indexation for the moment , arising out of sale of these plots
1 can i save the IT on LTCG by investing in purchase of residential plots elsewhere or can buy a house/flat instead
in the article of tax department article ,
under item d) conditions to be satisfied, it says i should not own more than one residential house at that point of sale ,
here as the second one is inherited and is a family property, will it be counted as my individual second house as i am filing return as individual ITR 2
fundamentally seeing if i am eligible for capitol gain exempt in my specific case
can i or not get the benefit of irenvesting sale proceeds in buying another property
this is the first attempt to go around the issue, could refine further as it crystallizes
i await your experts comments

2 any other option to save the tax on LTCG in my case if 1 is allowed
thanking you in anticipation

Regards
Gopinath

I HAVE PENSION, RENT FROM TWO DIFFERENT HOUSES

AND INTEREST ON FDs. I THINK ITR 2 IS PROPER RETURN TO ME

BUT WHILE FILLING IN EXCEL PR4 INTEREST ON FDs NOT VALIDATING

PLEASE SUGGEST POINTS TO BE FOLLOWED IN FILLING FD INTEREST

OR OTHER WISE RETURN NUMBER