Hello,

I am a proprietor and I have TAN . I am going for office trip with my employees. I am going to book Resort & Spa for all employees and total estimated payment will be 2,00,000/-. So Please tell me is there any liability of TDS deduction on bill, if yes the please specify TDS Rate & Section for the same.

Thank You

IF MY GROSS TURNOVER EXCEEDS 1 CRORE AND MY PROFIT PERCENTAGE IS ALSO LESS THAN 8%, UNDER WHICH SECTION I'M LIABLE TO DO TAX AUDIT ?

I have entered wrong sales figures in 3B , bu the tax that has been deposited is correct , also GSTR-1 is also correct , will i be able to match my sales figures in final IT return, or do i have to face a penalty etc from either of the departments,also is there a provision of correction of sales figures in Annual GSTR return (GSTR-9).. Please advice ,Thanks in Advance

I have intraday profit from shares and commodities trading of 167220 in FY 2017-18 before brokerage and other charges charged by broker and exchange.

How to show this in ITR 3? Can i opt to file ITR4 for same?

If i have to show same in ITR 3 please inform how i shall fill the form and what nature of business i shall select?

Please explain the same in detail as i am getting panicked for same as i am getting mixed and loose responses from every one.

Thanks in advance.

A person filed ITR-3 in the f.y. 2016-17 with income from business as a Sole proprietor.

in the F. Y. 2017-18 he got the income from proprietorship firm less than Rs.1 lakh & other income from Salary so he should file his ITR under which form ITR-3 or ITR-4.

can he change from ITR-3 to ITR-4

Hello,
We have GST no in Odisha and we have some branches in Bihar but we are not registerd in Bihar. Now we purchase some equipment with our GST no and want to transfered them to Bihar.
Kindly suggest that is there any requirement for Waybill or we can transfer goods with GST Invoice?

ONE OF OUR CLIENT LEASE HIS PROPERTY FOR 3 YEARS AND RECEIVED LEASE AMOUNT IN ADVANCE FOR THREE YEARS AND LESSEE DEDUCT TDS ON IT IN THE YEAR OF RECEIPT ITSELT. CAN WE BIFURCATE THE ADVANCE AND TDS INTO THREE YEARS AND CLAIM IT IN EACH YEAR. CAN TDS CREDIT TO BE CARRY FORWARD TO NEXT YEARS.
THANKS IN ADVANCE

I have a Firm and for the F.Y 2017-18 I have a loss so that I have to get my books of accounts to be audited. Whereas my turnover is less than 1 Cr shall I be liable to deduct TDS as I'm liable to audit??

Read more at: https://www.caclubindia.com/forum/tds-requirement-388320.asp?offset=1

Good morning sir/ madam,

The assessee being NRI submitting his return of income regularly in India. The assessee want to repatriate the accumulated income savings to USA from his NRI account in India.

What is the procedure for repatriation of the amounts on which taxes have been paid in India.

Kindly guide me in this regard

Thanks in advance

In the month of May 2018 we sale (Local) to party for Rs. 13,82,160/- + 34,554/-(CGST)+ 34,554/-(SGST) = Total Invoice value Rs 14,51,268/-.
In the month of July the party return the some part of the materials to us, accordingly we generate Credit note to party for Rs 1,65,621/-+ 4140/-(CGST)+ 4140/-(SGST)= Total credit note value is Rs 1,73,901/-.
In the month of July we have no Local sale. We sale only Inter state (IGST). (Rs 197568/-+IGST Rs 35562/-)Now question is-
How I adjusted the credit note in our sale value and how and where I put the figure in GSTR 3B?