Sir,

What will happen if a person whose assumption Turnover is 25lac ,but has not enrolled Himself in GST because his actually turnover is 5lac only. Because he required for for that purpose his account has increase his turnover to 25lac.
Can the person submit the Income tax return still.

PLEASE ADVISE THAT IF BUYER IS IN OTHER STATE BUT CONSIGNEE IS IN SAME STATE WHERE SELLER IS SELLING GOODS THAN E- WAY BILL REQUIRE? IF YES PLEASE ADVISE HOW CAN GENERATE.

Dear Team

I was going through Fair presentation Framework and Compliance Framework as a part of SA 200 - Overall Objective of an Independent Auditor. Can you pls explain me what is Compliance framework means and can you give me one or two examples of compliance framework in India?

regards
Nagabhushan Pai

GOOD MORNING TO ALL EXPERT,
AS PER SECTION 9(4) UNDER GST " IF A PERSON NOT REGISTER UNDER GST SUPPLIES GOODS OR SERVICES TO A PERSON WHO IS REGISTER UNDER GST THAN IN SUCH CASES RCM WOULD BE APPLICABLE TO REGISTER PERSON" BUT SIR RCM SUSPEND TILL JUNE 18. BUT SIR RCM SUSPEND TILL JUNE 18 ONLY FOR GOODS RECEIVE FROM UNREGISTERD PERSON OR SERVICE RECEIVE FROM UNREGISTERD PERSON OR BOTH ??????//

GOOD MORNING TO ALL EXPERT,
AS PER SECTION 9(4) UNDER GST " IF A PERSON NOT REGISTER UNDER GST SUPPLIES GOODS OR SERVICES TO A PERSON WHO IS REGISTER UNDER GST THAN IN SUCH CASES RCM WOULD BE APPLICABLE TO REGISTER PERSON" BUT SIR RCM SUSPEND TILL JUNE 18. BUT SIR RCM SUSPEND TILL JUNE 18 ONLY FOR GOODS RECEIVE FROM UNREGISTERD PERSON OR SERVICE RECEIVE FROM UNREGISTERD PERSON

OR BOTH ??????//

Dear Experts
Hi,
I had set up a business for export of fruits and vegetables and I am directly purchasing the goods from the farmers and they could not provide the invoice.
Can some one suggest how to record such purchases as there is no supporting documents.

Partner of the firm has paid hotel bill. what will be entry for to show his drawing ? and bill entry ?

Kindly let me know the payment due date for tds deducted during March 2018.

Is it 30th April?

When do we need to file the TDS returns? Is It 31-05-2018?

received arrears of pen/dr relating to the period 1/12016 to jan 2018 in mar 2018.
is the entire amount of arrears to be taken in fy-17-18?

Hi,

I sold my old Flat in Oct 2017 and my taxable Capital Gain from the sale is Rs 6.69 Lakhs.
I have purchased a new Flat in Feb 2017 for Rs 11 Lakhs. I will therefore be claiming Section 54 tax exemption on the entire capital gains since the cost of the new flat is more than the capital gain.
Also I paid stamp duty and registration fees of around Rs 1.21 Lakhs and duly registered the new flat in my name in Mar 2017.

My question is whether I can claim tax deduction under section 80C on the Rs 1.21 Lakhs I paid as stamp duty and registration fees apart from the section 54 tax exemption ?
(Please note that I have taxable Income from Other Sources for the same financial year i.e. FY 2017-18). I do not need to include the stamp duty in the section 54 tax exemption as the cost of the new flat itself exceeds the capital gains.

Regards,
Snehashish