HI,

Received a property (Shop) through will on 03/04/2001. The same property is sold on 03/10/2017 for 30,00,000/-. How would be the working for Capital gain tax?

Please guide.
Thanks in Advance.

Dear Sir, MY FRIEND IS REGISTERED UNDER GST. HE IS GETTING COMMERCIAL RENT FROM 3 TENANTS AND GST COLLECTED FROM THEM HAS BEEN PAYING TO THE GOVT. NOW HE HAS ENTERED INTO AN AMC FOR THE MAINTENANCE OF LIFTS AND PAID THE AMOUNT ALONG WITH GST. THE QUESTION IS:
1. WHETHER HE CAN CLAIM INPUT TAX CREDIT FOR THE ABOVE AGAINST RENT RECEIVED?
2. IF SO, HOW TO CLAIM AND PROCEDURE FOR FILING & WHETHER IT SHOULD BE SHOWN IN THE INVOICE?
KINDLY ADVISE

Good Evening sir,

we could not file the GST 3B before 20th Dec' 17 for the month of Nov'17. What is the late fees charges. and how much till 29.12.2017.

Hi,

Kindly help me in TCS journal entry. we have purchased a machine of Rs. 50,00,000/-. we have paid by Loan Rs. 30,00,000/-, Rs. 100,00,000/- bank transferred by another person and Rs. 10,00,000/- cash deposit in seller's account , what happen . machine seller has TCS tax deposited to gov. on our pan number on last cash deposited ten lakh.

please help in entry. how to make entry of it.

best regards,

Mohd Nasruddin

sir/madam
one of the gst registration was completed on 28-09-2017, but the invoices are raised on 12-09-2017&18-09-2017 and gstr 3b was filed with these invoices but for gstr1 date of these invoices are not accepted as they are before the date of registration.what is the solution for this

Dear Experts,
I have return the goods by debit note however the supplier has also issued the credit note for the same,

Now I'm going to file my GSTR-1 return pls clarify whether I have show our debit note or credit note of supplier in my GSTR-1,

Or only supplier will show credit note in his GSTR-1,

Whether I also have to show debit/credit note in my GSRT-2 or in my GRTR-2 I only have to accept the credit note will reflect in my GSTR-2A,

Pls guide me......

Thanks & Regards
Atul jain

dear experts,

More then 50% of our suppliers have not filled there gstr1 return from July to November even after regular follow-ups.

since gstr2 is deffered till 31st March 2018, we are filling Gstr 3b and availing credit.

what will be the impact on our credits if they not filled within the due dates.

please guide.

thanks in advance.

Hello All!!!! Can you please suggest any book/books that can be referred and even any web portal/web sites that can be referred for the purpose of Gaining experience in GST.. This is not from the point of view of studying for exams but for IMPLEMENTATION FOR practice.. Please help me????

Please see below reply and suggest any correction if required

With reference to the above the assesse submits as under-

1. Investments in SMS Anamklean Greentec Pvt. Ltd. and SMS Watergrace Mediwaste Pvt. Ltd. transferred to the group companies at cost. Copy of ledger accounts attached herewith for your ready reference.

2. Prior period expenditures not accounted in earlier years, hence expenditures of prior period debited to the profit and loss account in previous year relevant to A.Y 2014-15. Copy of ledger accounts attached herewith for your ready reference.

3. Ledger accounts of C.S.R expenditure attached herewith for your ready reference.

4. Copy of ledger accounts of Interest expenditures attached herewith for your verification.

5. As regards late payment of employee’s contribution to provident fund, it is submitted that the payment has been paid in the same financial year. Therefore the same deserves to be allowed in view of the following judgments –
368 ITR 749 (Bom) CIT v. Ghatge Patil Transports Ltd.
366 ITR 001 (Bom) CIT v. Hindustan Organics

Dear Expert, If goods return to supplier then in which column its to be reported in GSTR 1?
please advice