My previous year 2016-17 turnover is 29 lakhs and automatically migrated to GST, and the question is whether we have to charge GST from 1st July on basic 1 rupee charging to customers or up to 20 lakhs exemption threshold limit is available for the current year? or we can charge the customer after crossing 20 lakhs limit..
I have income from Salary and also from Car Rentals. I have only one Car which is being used on hire. The car was bought through bank finance and I have to pay the EMI every month against that. Now my questions are...
1. Against the income from the Car Hiring, is the EMI amount deductible u/s. 80C to 80U. If EMI amount is eligible for deduction then under which section?
2. Which ITR form is required to be filed having income from Salary and income from Car Rentals?
3. Due date of filing the applicable ITR form?
dear experts help me
i am registered under gst i have gst no
now i want to convert to composition
but my CA telling u cant go to composition gst
because i am having some 20k rs inter-state purchase raw material stock
and currently 1st quarter vat return i have not filed yet
whats the way 2 get optioned into composition scheme as CA is telling u cant because of inter-state purchase
but why other business have converted o composition ?
my turnover is 15 to 20 lakhs only
is this true i cant opt for composition or CA is fooling me to remain in normal gst ?
Two Question -
1. Do we have to file any separate form for refund claim under income tax act or filling ITR is sufficient?
2. What is the time period of claiming refund? (One of my client who is an insurance agent has not filled his ITR since last 4 year,but tds has been deducted from his commission by LIC however his total income is below exempted limit. For how many years can i claim refund)
sir I registered on gst but some mistake shop name was wrong then it can be change if yes how Chang name
1 For FY1617 dividend above 1000000 is taxed at 10%. Is it applicable for dividend declared on mutual funds ?
2. I am now retired and my source of income is only from dividends. For FY1617, I got Rs. 1200000 dividend. So what is my tax liability? Is it NIL or 200000.
I have been served notice having after filing of GST registration wherein it has been mentioned that scan copy of electricity is not legible.
This is with reference to your Registration application filed vide ARN xxxxx Dated - 13/07/2017 The Department has examined your application and is not satisfied with it for the following reasons:
DOCUMENT NOT LEGIBLE(ELECTRIC BILL).
States that to submit document but where to attatch. Since already ARN has been received.
Whether gst on advance payment can setoff against itc
Please tell is it possible to change the userid set while migration in gst.
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
Gst turnover clarification