Hi,

1. Do we need to show the credit recd from a customer in march for the invoice raised in april as advance received in march return?
2. Do we need to show the input services availed from an unregistered supplier in march return even though the RCM has been suspended till 30th June 2018.
3. What could be done If both the above has been missed to show in march return.

Whether a person need to file form 61A of Income tax act 1961 in case his turnover is less than 2Cr for the FY 2017-18 but he is filing income tax U/s 44AB.

Dear,

I am having cloth business my sale is below 10 Lacs Rs. However i obtained gst registration under composition scheme and paying tax to the government properly. My concern is i am also having a property which i provided for commercial purpose to my tenant, whether GST is payable on that Rent. Rent recieved by me is RS 20000/p.m .

Please suggest with any notification if any

The Query Raised under Service Tax Audit, in Work Contract Service which i have elaborate as under.

Eg.

Sun infra is partnership firm who own land and sub contract the whole project for construction of residential buildings, flats to RK Construction.

Sun Infra has collected Service tax from the prospectus buyer on booking amount under Residential complex service and paid it regularly with department.

Now in case of RK Construction Company is unregistered company, whether the service tax implication applicable to RK Const under works contract? at what rate ?

Please suggest your views in this regards.

Dear Expert,

Thanks in advance

we have charged penalty from transport division's driver for breaking any rules regarding to safety like over speeding etc.
we collect penalty amount from them same is recorded in books of account under misc receipt.

Now my question is that should we deposit Gst on penalty amount?

Dear Sir

We have constructed house property by taking mortgage loan and given on rent, now my question is whether We can claim interest paid on mortgage loan as deduction from rent income ??

One of my friend wants to submit ITR for AY 2016-17 and AY 2017-18. Can be filed ITR for AY 2016-17 and AY 2017-18? Please give me your expert advice?

Dear Sir,
Pls tell me what will be the entry for goods sold before GST & sales rejection after GST.
Party issued us Rejection Note with Excise Duty & CST charged.
Whether to accept Exceise rejection note after Jul'17? & If yes how to take Its entry of this type of Rejection Note in accounting?
Pls suggest urgently.

Hi All,

What is Govt Logic Behind E Way Bill ? Explain Your View's.

Thanks.

Hi ,

I am salaried person. this year i started Equity Trading. for this kind of income, which ITR form i have to file & how to show income/Loss from short term capital gain. how to calculate capital gain.

Thanks/Sunil.