We are engaging in trading activity and having two registration under GST in two different state i.e Delhi & Haryana.
If we purchase goods in haryana on haryana gst and after we transfer the stock to delhi branch for further sale, in that case we need to pay gst on stock transfer.
now the question is whether the input of gst paid on stock transfer is available or not.

please suggest asap.

Dear Sir

We have entered into some professional service agreement.
The contract is as follows :

Basic Service Charge – 2,00,000
GST @ 18% - 36,000
Total Cost - 2,36,000

Party is demanding 30% Advance - Rs.70,800/-
(i.e. 30% of Rs.2,36,000/-).

Shall we Deduct TDS on RS.60,000/- (i.e.30% of Basic Service Charge i.e.Rs.2,00,000/-) or we shall deduct TDS on Rs.70,800/-.( on entire amount without excluding GST from this).
Please quote any circular / case for the above.

Thanks in advance,

Dear Experts,

Sincere Greetings,

My friend owes flat of about 500 Sq. Feet in ownership Co-operative Housing Society since last 45 years in Mumbai.

Since last 9 years he is having litigation with builder who has illegally constructed additional floors above existing old building of Society wherein my friend stays.

Now, builder has compromise with my friend and filed consent decree in Court. And as per consent terms builder has given two new flats of 500 Sq. Feet each of value about 50 lacs each in newly constructed building to my friend and he has surrendered his existing old flat to builder.

My query:

(1) As 2 new flats of total value 1 Crore is registered in my friend’s name, (a) will my friend get inquiry from income tax department to give explanation about 1 Crore rupees and/or for any other purpose? (b) Whether my friend is liable to pay any Tax on 1 Crore rupees?

(2) If my friend dispose off / sell either both or one flat then, whether he is liable to pay income tax on money which he get by selling said flat/s?

(3) If he has to pay income tax on amount which he get by selling said flat/s, then what are the legal remedy so that he get minimum liability of taxpaying?

Rgds,
A Jain.

If someone file wrong return GSTR1 & GSTR3B with wrong detail i.e. no tax liablity and that guy file return showing sale to unregistered person. Please help, how this may be rectify.

I filed Income tax return on presumption basis u/s 44AD for A.Y. 2011-12. I have declared turnover 15 lakh and net profit @12%. Now i received a notice u/s 148 for re assessment on basis of cash deposited in savings account Rs 25 Lakh. Now Income Tax Department asking me to file ITR in responce of sec 148. Can I file my said return for A.Y 2011-12 at 8% profit of 25 Lakh Turn over? While in return file u/s 139 I declare my turnover 15 Lakh and profit @12%.

Dear team please help me....I purchased the flat 1 cr 32 lacs ..which I pay the amount 50 lacs in 1st installment and pay the tds 50k in financial year 17.18...today I pay the all outstanding amount ...but while I pay the tds amount in .form26qb there is showing the assement year 19-20, not shaping the 18-19

Hello all .. !! I am CA final student annd will appear exam in

november 2018.my articleship will complete on next month.i have taken

45 excess leave than permissible.i request to principal to not show

this leave on paper and will come office after exam for excess

leave.but they denied . actually they promised me at the time of join.

but they didnt do that.i have noted one weaknesses of principal that

they are not paying stipend regularly as per rules.sometime they are

paying stipend of two months together.now i want to ask you that how

can i take advantage of this weakness of my principal other than

taking transfer?

Kya gstr 4 me quarter 4 ke liye purchase ka detail Dena hoga i.e. purchase from registered dealer other than attract reverse charge.. ( kyu ki quarter 2 and quarter 3 me registered dealer se purchase ka delail dalne ki requirement nahi this other than those which attract reverse charge) so kya quarter 4 me bhi details nahi Dena hoga ya Dena hoga..

Hello Expert,

My 1 of the vendor who is PVT Ltd Co., Provides a residential Property to my Staff and charging rent of Rs.90.00 Lacs P.a.. in advance but has not raised invoice.

My query is here that does GST is chargeable as rent is crosses as per the minimum threshold limit of Rs.20.00 Lacs?

Your Expert advise is highly obliged.

Thanks,

Tejas Vora

I am unable to adjust Short Term Capital Loss against Short Term Capital Gain in Schedule CYLA of itr-2, as the relevant cells are protected. It requires the Password ( which I do not know) to unprotect it. Please help me.

R.Ramachandran