Hello Friends,
my client received a notice from tax department about mismatch of income as per 26AS and ITR.
i did not show amount received from RPF (Received with in 5 years of job) in ITR 2.
therefore, TDS of 26AS and My ITR did not match.
now, i want to file revised return and submit response of tax department.
How and where to show Amount received from RPF in ITR 2.
Thanks

Please clear a point of RCM on under mentioned conditions :-
1)If a proprietor of a firm is giving his industrial property to a company in which he is also a director, is RCM will be applicable ?
2) Rent amount is below 10 Lac.
3) he is taking salary from company.

Hi,
I am a qualified ICWA . I wanted to know whether we can apply for SSC CGL exams without having a graduation B.Com. But I am a qualified Cost Accountant.
Thanks in advance.

What is the gst rate on restaurant inside a hotel ? Whether it is a composite supply (lodging+restaurant)attracting higher rate of tax or separate invoice will be charged on restaurant and hotel charging separate tax?

SIR MY FATHER TAKEN GST NO. FOR MY SHOP BUT MY FATHER EXPIRED DUE TO CANCER & AFTER IT MY MOM WANTS TO TAKE THE PROPRITERSHIP SO I WANT TO ASK CAN I TRANSFER SAME GST NO. IN MY MOM NAME

Please let me know if a company procure a land for which brokerage paid to an agent whether the amount should be capitalized to the Asset or brokerage amount will be shown separately in the profit and loss accounts.

Supply of labour to site -Business Code -16014
Is it coming under Profession or Business

Dear Expert..

One of Clint is proprietor of two different business as per below.

One is Chemical whose GST registration number was taken by clint and has turnover is also cross 20Lac limit.

and second is trading of garment whose turnover is below 20 lacs and GST number was not taken on that business.

so my question is my clint required to pay GST on garment ????

Plz Reply....

Respected Concern,

I have only one more query that is - " If IGST receivable Rs. 2000/- Dr.
CGST Payable Rs. 1500/- Cr.
SGST Payable Rs. 1500/- Cr. " Kindly suggest me is IGST adjusted with CGST and after adjustment with CGST Payable only 0/- & Rest of Amount will be Adjusted with SGST and Output is Payable Only Rs. 1000/- .....

Please Help me ????

Example: "X Ltd." agreed to supplied material before 1st July 2017 at a price of Rs. 5,00,000/- to ''Y Ltd''. But Y Ltd Cancelled the contract and Paid the compensation amount (i.e. Liquidated damaged amount) to X ltd on 25th May 2018 amounting to Rs. 5,00,000/- equivalent to material amount. Which rate of GST will be charged on Compensation Amount of Rs. 5,00,000/- and which type of document will be issue ?