i m appearing for both groups in nov 2017 however have less time so i m planning for 1st group n exemption in two papers of group 2 . which paper i choose for exemption considering new syllabus and gst n all...which ll b more beneficial in practice in future...plz guide...

Dear Sir,

I have shown more than 8% in 44AD after that deducted salary & Interest . After that deduction it is showing loss. But for A.Y. 2016-17 it was allowed to deduct salary & Interest after declaring 8%. Salary & Interest are claimed as per 40(b).

i am a small e- commerce seller with a turnover of less than 10 lack per annum. i am doing this business in my trade name real gems corporation(proprietorship firm) and registered under GST. i am also having rental income of Rs. 2 lack per annum in my personal name from a commercial property. should i need to collect GST on my rental income and deposit it through my firm or i do not need to collect it?

pl answer my query in detail

regards
vinay
mob. 9414216357

I am holding cash credit limit with HDFC bank and I want to transfer my limit to ICICI bank.

But HDFC is telling if you transfer the limit you have to pay forclosure charges @ 5%

I want to know is bank are liable to charge foreclosure charges, is there any Rbi notification regarding this

What happens if TDS is not deducted by buyer and remitted to seller if property value is 50lakhs.Then who has to pay the TDS, will the seller be liable to remit the tax?

When we want to Submit GSTR1 RETURN FOR THE MONTH OF AUGUST,2017, a masage shown which mention below

Error! GSTR-1 Save/Action on Counterparty Invoices/Submit are not allowed for current date, Please visit https://www.gst.gov.in for details on GSTR-1 timelines.

How to solve this problem

CGST Liability is Rs 100

Available ITC balance with SGST is Rs 200

Can we pay CGST liability by SGST ?

IGST Payable Balance is Rs 100

ITC available with SGST is Rs 200

Can we pay the IGST liability by the SGST ?

sir, i am a registered dealer, dealing in purchase of scrap (paper, plastic, metal etc...) from unregistered dealers, do i have to pay reverse charge/tax on purchase of scrap from unregistered persons or, i fall under marginal scheme as i purchase old goods and sell them without changing its nature....

Read more at: https://www.caclubindia.com/experts/reverse-charge-on-scrap-purchase-2573469.asp

i having a factory and outside on road a shop with same place and same name of trade name under sole proprietorship business. shop and factory having same gstin. factory and shop sells goods with computerized billing .after that we wants bill of shop sales with a etc. manual bill book can it really possible and what is procedure under GST concern ?