exempt supplies has been extended to add transaction in securities as per sec17(3) of input tax credit and ATO includes exempt supply then whether the sale of security will be included in the ATO or not because transaction in security is out of scope in gst because it is neither goods nor services

Thanks for clarifying the depreciation application for the 1st year. But, if only half (half of 60%) is applicable in 1st year, then, how to calculate the depreciation for the 2nd year?

land acquitted government in last so many year but that land amount money come through district court and 10% amount deduct , what can i do for that amount refund. assessment year 2018-19
Which head under file return?
They have also business man file itr 3.
That tds and credit amount where show

Please tell me in case of a Civil Contractor (PWD, Zila Parishad Civil Construction Job);
1) In GSTR 3B & GSTR 1, in which portion the amount of R/A bill or final bill to declare?
2) Input Tax credit for Cement, Steel etc available or not?
3) Whether any tax is applicable under RM in case of purchase of sand, stone chip from unregistered dealer?

dear sir,
can i file itr for income of salary & job work together?, both details have no 26as record or any salary slip or bank salary.
If I file ITR-2 FOR AY 2017-18, with 180000 as salary and 105000 as job work, total income 285000. Is it acceptable?
Please ans. me.
thanks

Hello,
In GSTR-3B for the month of Oct, I have mistakenly taken Rs.28000 of outward service and paid Rs.5040 GST, how to adjust this excess paid? Also I forgotton to adjust in subsequent months GSTR-3B. Altenatively, I have not considered such Rs.28000 in GSTR-1.

We filed online return form 9 for 2013-14, 2014-15 and 2016-17. However we forgot to file it for 2015-16 as there was no date notified on dvat portal. However details of C forms for 2015-16 already given in the return for 2016-17. We also submitted the details of C forms recd for the period 01.04.2015 to 30.06.2017 in our application for TRAN-1 under the GST.
Please advise what need to be done by us now.

R. Roongta/Vinychem International

Dear Experts.,

FY 2014-15 One of the Partnership Firms Profit as per Books of Accounts after paid remuneration (400,000) in Tally Rs. 89580. At the time of filing ITR Auditor disallow/Less the remuneration from Rs. 400,000 to Rs. 389,443 as per his calculation. (Actual Remuneration Rs. 400000 - Allowable Remuneration Rs. 389443 = Balance Rs. 10557). Also paid the income Tax as Profit Rs. 100137 (89580 + 10557)... But, In my books (Tally) shown the profit Rs. 89580 and I transferred the amount of Rs. 89580 to Two partners Accounts as 50/50...
My Questions are.,

1. The above said adjustments Rs. 89580 are correct or not...? or
2. Can I reverse the excess amount Rs. 10557 from remuneration to PandL account...?
3. If yes., I will show the profit Rs. 100137 in Tally and Transfer the amount equally to Capital Account in FY 2015-16...?

Hello,

I have a company in New Delhi and receive commission as agent of foreign company. Here is how it work:

- A foreign company, which does not have any entity in India, let’s call it "Taiwan", appoints me as an agent.
- I visit companies in India who are interested in the products of company "Taiwan"
- Let’s say company "India" wants to buy product/services from company "Taiwan"
- Company "India" will place order directly with company "Taiwan" and company "Taiwan" will ship to company "India".
- Company "Taiwan" will send me commission directly to my bank account as per our agreement @2 % quarterly.

My Question is
1. Whether is it considered as export of services & after paying IGST on same will claim refund ?
2. If it is not considered as Export then Wheter I have to do reverse calculation on commision & deposit GST @ 18 % on it from my own pocket ?

Sir
Good day to you
After creating refund application, I tried to submit the same
(The refund was credited under CST & CGST which I am able to utilise
as I pay IGST only.)
I got the message " System failure"
Kindly guide me to submit the same
Thanking you

Periasamy Rajeswaran
9442235649
rajeswaranper@gmail.com