Hello,

We are logistics company and we have taken a bolero car on rent for travelling to handling our vehicle accidental case, meeting with RTO/Court Hearing etc. for business purpose only.And vendor is charging GST on bill, so I just wanted to know that can we avail GST Input on service?

How to prepare statement of facts while filing appeal against penalty order
I have to file appeal before CIT APPEAL

Could any one help me with MOA and AOA for online grocery selling company like bigbasket.com

hi sir/madam,

our client is doing works contract business. we have filled the gst returns monthly. we are unaware that he get bill(supply of services) in the month of august 2017. we can not revise the gst returns.
is it possible to show that bill in the month of march 2018 return and pay the gst tax accordningly?.
if not what is the solution.
my client is ready to pay interest for late payment of GST tax.
will you please suggest me.

SIR,
Please give opinion and guidance in following confusions.

Que-1
An individual has interest income Rs. 40000 from bank F.D., and his total taxable income for FY 2018-19 will also go beyond the exemption limits,
and even then,
he gives form 15-G or H in banks in April 2018, for not deducting TDS,
then,
is this breach of income tax rules – or law ?

Many bank a/c holders do this for non-deduction of TDS and then pay the self-assessment income tax at the time of filing return, if there is any tax-liability.

Is this okay? Can people do this?

What kind of problems he will have to face in future?
Is there any penalty for this?

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Q-2
If, there is a rule and limit of Rs. 10,000 for TDS deduction, then why the computer systems of banks accept form 15G/H, even in the cases where interest is much more than Rs. 10,000 ?

Banks have all data in their systems that which account holder will get how much interest income on F.D.s maturing in that financial year.

Why is such confusion and misconception about form 15-G/H, prevailing among account holders ?

SIR/MADAM,
Please, guide in following :

A person is holding some FDs in three different banks.
In F.Y. 2018-19, these FDs will mature and he will get interest income of Rs. 9,000 from one bank, Rs. 30,000 from second bank, and Rs. 35,000 from third bank.

His total taxable income for F.Y. 2018-19, including the FDs’ interest, is estimated to be below the exemption limits. His Tax-liability will be NIL.

Here, his interest income is more than Rs. 10,000 in 2 banks, as described above.
He knows about this interest amount at the starting of F.Y. 2018-19.

Thus, TDS should be deducted from his interest amount. As per the rule, he should not fill form 15-G/H.

But, many persons submit form 15-G / H, even if they are having interest income more than the prescribed limit of Rs. 10,000.


Q-1 Should this person submit form 15G/H, just because all other people do this ?
And even if, his interest income is much more than the prescribed limit for not deducting TDS ?


Q-2 If, he submits form 15-G/H, even if his interest is more than 10,000, then,
is there any hidden trouble that he may have to face in future, because of this ?
Is there any penalty for this ?


Q-3 If, in this case, the person is a senior citizen,then,
Can senior citizens submit Form 15-H , even if his interest is more than 10,000 , and that too, in each of the 3 banks ?

Are senior citizens treated in a different manner, for TDS deduction and form 15-H submission ?

Basic 11000
Discount 1000
taxable 10000
GST Tax @ 5% 500
round off 200
total bill invoice 10700

is this correct..
round off is basically transportation charges received from debtor.my premises to debtor location

GST Liability on 200 arises on what head

In case of Donations to Charitable Trust, above how much amount of donation in cash Pan Card details require to mention by Donor OR Donne need to maintain record of PAN Cards of Donor in Case Of Charitable Trust?

Please Reply as early as possible

Is April-17 to June-17 turnover to be included for calculating aggregate turnover of Rs. 20,00,000 under gst

Dear Sir/Madam,

Can i file income tax paper return for P.Y. 2015-16 and 2016-17 now?

Thanks & Regards
Nirmal Dave