Dear expert,

Whether GST on Hotel room rent below Rs. 1000 is exempted or Nil rated ?
Can we claim ITC relating to Hotel room rent below Rs. 1000 ?
or we have to apportion credit for Less than Rs. 1000 and above Rs. 1000 and claim ITC on above Rs. 1000 only ?

I not submitted ITR for AY 2011-12 and for this on 10/03/2018 I have received a notice u/s 148. I want to know it is valid notice i.e. what is time limit for issue of such notice.

Sir,
Mr.A came from delhi in my restaurant(registered) and stay 5 day .Total boil amount 25,000.Mr.said raised invoice In favour of my Company PQR Ltd which is registered .
1.is IGST will be Applicable?
Invoice. 25000
IGST @5%. 1250
Total. 26250

Is is right?

One of the Indian entity has imported a machine on CIF basis for 1ooooo us dollars. It has paid 30000 us dollars as advance to the party. Now as on 31st march 2018, should the entity recognise 70000 us dollars as liability or just show an advance of 30000 us dollars.machine has not arrived till 31 march.

I live in Chandigarh a Union Territory It has border with a city Panchkula in State Haryana.I have to send goods to a School which is technically in Panchkula Haryana but physically just 500 meters from my office.I will be send the material costing about 2 Lacs by a Rickshaw (Non Motorized Vehicle) .Is it necessary to make an eway bill .If yes what do I enter in Transport ID

I live in Chandigarh a Union Territory It has border with a city Panchkula in State Haryana.I have to send goods to a School which is technically in Panchkula Haryana but physically just 500 meters from my office.I will be send the material costing about 2 Lacs by a Rickshaw (Non Motorized Vehicle) .Is it necessary to make an eway bill .If yes what do I enter in Transport ID

Is Winning From Snooker Matches/Tournaments A Casual Income Being Taxed At 30% Or Slab Rates Have To Be Used On The Amount Won To Calculate Tax?

DEAR SIR,
A PERSON HAS SOLD A SITE IN FINANCIAL YEAR 2017-18 FOR RS.1.12 CRORES AND AFTER INDEXATION THE COST OF ACQUISITION HAS COME TO RS.44.54 LAKHS, RESULTING IN A A LONG TERM CAPITAL GAINS OF RS.67.65 LAKHS.
HE HAS INVESTED RS.50 LAKHS IN NHAI CAPITAL GAIN BONDS WITHIN THE SPECIFIED PERIOD.
NOW, THE QUERY IS AS FOLLOWS:
TO CLAIM EXEMPTION U/S 54F, HOW MUCH HE HAS TO INVEST IN PURCHASE/CONSTRUCTION OF NEW RESIDENTIAL HOUSE OR IF HE CANNOT BUY THE HOUSE BEFORE 31/07/2018, HOW MUCH HE HAS TO DEPOSIT IN CAPITAL GAINS SCHEME ACCOUNT?
THANKS & REGARDS

HOW TO FILE ITR AY 2011-12 US 148 WHILE CLIENT HAD SOLD AGRI. LAND ANCESTRAL(NEED TO SHOW CG WHILE ITS NOT CAPITAL ASSEST) OR WHERE SHOW SOLD AMOUNT IN ITR ? PLEASE HELP..... 22-04 NEED TO PROVIDE TO CLIENT ITR

I have one question regarding accounts of books. Suppose if someone sells items (clothes and some toys) on street and make profit of 20000 per month, does that person has to maintain books of account (FY 2014-15). And if yes, then what books of account one has to maintain.


I am asking this question because in country like India there are so many persons (Very small businessman) who are not capable of maintaining accounts of books because of various reasons like not educated, not aware of).