I am buying a NEW Flat in a Building in which one of the Flats is already occupied since 2016. The buyer of the occupied flat had paid stamp duty and had got the flat duly registered in his name in 2016 and is living in that flat since then. However the Builder does NOT have the Completion Certificate for the property yet.
Is it CORRECT that since I am buying the flat ‘AFTER FIRST OCCUPATION’ of the Building, the Builder DOES NOT have to pay any GST on the sale of the flat to me ? and therefore he cannot charge me either ?

I was a salesperson for a shop.. But now I have taken a risk to start my business, My plan is to buy tea from local dealers... And blend some variants of tea powder to give a superior taste and pack it under my brand name... please suggest me legal procedure of gst and other compliance And also pls suggest opening a current account in which bank will be beneficial for me.... would be greatfull if someone helped thank you

If Gross total premium paid for health insurance is 3700/ ,Out of which service tax is 390/- and cess is 15/-.
Whether deduction u/s 80d can be claimed on Gross premium paid. Or have to claimed deduction after deducting servicetax and cess amount

What are documents required for GST registration of a propriter concern for business conducted from home.

Please refer your reply dated 13.01.2018 .Sir ,In case wrongly excess ITC has been claimed in GSTR3B of any month by any registered person and person wants to Reverse the excess ITC wrongly claimed by him and net it of with subsequent month ITC in GSTR 3B TABLE 4B(2). Sir I had a experience that in case due to reversal Net ITC of subsequent month comes negative ,then GSTIN portal does not show the correct figures of GST liabilities.

Assessee died on 15 August 2016. Turnover is less than taxable limit but legal heir wants to get the audit done due to less profit %. I request to provide clarification on following points:

1. How many tax audit reports will be issued in this case, one or two?

2. In my opinion there should be two audit reports, one covering period up to the death and second covering period after the death till the closing of the year. I have prepared balance sheet as on date of death, but audit report utility is not allowing me to submit report for period ending on 15 August 2016. Tax audit utility shows option for 31st March 2017 only.

What to do? Plz help.

Thanks in advance.

DEAR SIR/MADAM
IF RESTAURANT SALE GST 5% & INPUT CREDIT IS NOT AVAILABLE ON GOODS PURCHASED FOR RESTAURANT FROM 16.11.2017.

BUT IF GST PURCHASED GOODS GST RATE IS 12%, 18% & 28% ETC. SUCH AS DAIRY PRODUCTS, COLD DRINKS, KARYANA GOODS ETC.

CAN WE CLAIM INPUT CREDIT OF CGST/SGST/IGST IN RESTAURANT GST PAYABLE AMOUNT OR NOT??

PLEASE REPLY THE SAME.

I SHALL BE VERY THANKFUL TO YOU FOR THE SAME.

DEAR SIR/ MADAM
IF I HAVE HOTEL ROOM RENT+SHOWROOM RENTAL INCOME, &
HAVING INPUT CGST & SGST IN GST PURCHASE BILL SUCH AS BUILDING MATERIAL BILLS, REPAIR MAINTT. BILLS ETC. IN THIS CASE,
CAN WE CLAIM /ADJUST INPUT CGST/SGST IN MY GST TAX PAYABLE AMOUNT OR NOT.

THE TRUST HAS FORMED IN THE YEAR 2002 AND THERE IS NO CHARITY ACTIVITY DONE TILL DATE. AMOUNT OF Rs 10,00,000/- WAS DEPOSITED IN BANK IN THE YEAR 2002 FOR THE CURRENT YEAR THE AMOUNT WAS NEARLY 15,00,000/- IN 2017 MARCH, NOT EVEN A SINGLE RUPEE WAS SPENT TILL DATE FOR CHARITY.SHOULD THE TRUST GET REGISTERED NOW UNDER 12A OF INCOME TAX ?? WHAT ARE THE CONSEQUENCES.
WE WANT TO SPEND THE AMOUNT NOW

Sir, there is a Mandir Managing Committee registered under Societies Registration Act 1860 but not registered under Sec.12A of Income Tax Act. The receipts of Mandir are Rs 210000/- and net income is Rs 103010/-.Now I want to file income tax return of the mandir as an AOP. The fourth character of Pan Card is 'A' The two or three member's income exceeds basic exemption limit. The issue is whether Basic Tax Exemption Limit i.e. Rs 250000/- as applicable to individual is applied to that Mandir or whether there will be MMR applicable?
Is there any Audit required?
Is it AOP or Cooperative Society?