Kunal Darwani

Hi Can Individual or LLP accept deposits from public like NBFC or banks ?If no, please Share reference for this, I am not able to find anything concrete on this matter. Many thanks !


JIGNESH
02 October 2017 at 23:20

Exempted service under gst

To
Dear All

I am not clear about whether my service is exempt or chargeable to GST. Kindly guide me proper way in my following situation.
My services is Consulting Engineering (in Civil field) and i am providing Services to mostly Government department viz. Municipal Corporation, Urban Development & R&B Division. And my service is falling under PMAY & HFA as per work order issued.
So i have doubt regarding whether my above services fall under Sr.No.3 of list of exempt service under description of Pure Services provided to the Central Government , State Government or Local authority or a Govt. Authority by way of any activity in relation to any function entrusted to Panchayat under article 243G of the constitution or in relation to any function entrusted to a municipality under article 243W of the constitution.



sandip vasudev gandhe
02 October 2017 at 23:13

Balance sheet

CAN WE SHOW RS.793000 AS A CASH IN HAND IN BALANCE SHEET ARE WE FACE ANY NOTICE FROM IT DEPT BY DOING SO.


Prince Arora

Dear Sir/Madam,

We have a branch in same state with same GST and all account books are prepare by branch itself.
But we want to control all taxes part from our Head office .We are using Tally ERP 9 and we want to show total sales and tax part of branch in our GSTR3B.
How can we pass entries so that the tax part of Branch shows in Head office tally in GSTR3B.Please suggest....


Rishabh Raj Chauhan
02 October 2017 at 22:28

Is Managing Director an employee.

Dear Respected Members, I want to enquire whether a Managing Director of a Company shall be treated as employee of the private Company in which he holds majority of shares. Further, no contract of employement has been entered with such Managing Director. Experts views are solicited.


Gaurav Jain
02 October 2017 at 22:11

Long term Capital Gain

How long term capital gain obtained from agricultural land of Rs 1.60 crore be invested in INDIA??


subhagan sreerangam
02 October 2017 at 22:06

Withdrawal from composition scheme

I opt composition scheme under GST.I have whole sales.So I can decided from withdraw from Coposition scheme to Regular dealer.I have file some online application and email to helpdesk@gst.gov.in.But no resolution available till the time.I know that file an online Application CMP-04.But this online application now not available on GST Common portal.Yesterday I search the GST Common Portal Application for Withdrawal from Composition Levy.I Submit this application with EVC OTP..But I can see the following message
.Withdrawal from Composition Levy Date cannot be before Opt for Composition Levy Date.
What this mean .What can I do.Please help me.


Ashit Malhotra

If an employee of an LLP goes to USA on a business visit and spend on travel,air fare,Hotel rent,food etc Does the LLP needs to pay reverse charges.?


Prakash Rao
02 October 2017 at 20:50

capital gain

one of my relative transfer his property (building purchased long back approximately 13 years back ) to his eldest daughter for a govt value and he kept the money in fixed deposit account and now he wants transfer the amount to his second daughter as gift .My qtn whether farther may attract capital gain or not pl give me suggestions to avoid longterm capital gain by father



Anonymous
02 October 2017 at 20:47

Gst under rcm applicable

whether RCM under GST applicable on

NIL rated -
Zero rated -
Exempted services or Goods.
expenses incurred for the above said services or goods for sale or services






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