i am having a partnership firm. we had given our sheds on rent . also we got interest on deposit after tds cutting. total income is less than 3.75 lacs. after salary to partners & interest on capital, the np is below 2000.

is it required to get income tax audit as the np is below 6 % or 8 %

What is the treatment of discount in the room tariff under GST? Can it deducted from the value of supply?
Case No: 1
Suppose, my room tariff is Rs. 1200/- and Rs. 300/- discount is given and it is shown in the invoice
1. Since the rate after discount is less than Rs.1000/- whether GST exempt
2. Should I pay GST on the room tariff before discount

Case No:2
My room tariff is Rs. 1200/- Discount Rs. 100/- on what amount GST to be levied?

Dear Sir ,
We have a job worker who manufature Snax item on our behalf using raw material supplied by us .Indain sanx is subject to 12 % GST rate. He has raised bill for the Job work charges and GST @ 18%.

My question , whether such job work is subject to 18 % gst rate . pls provide details (if any)

Dear Sir,

My MOM Have filed ITR2 for for AY Year 2016-2017.
We have receive Intimation U/S 143(1) from Income Tax Department.
I have check the initiation. I saw there is mismatch in REFUND AMOUNT 38=(37-32)
Refund Amount As Provided by Taxpayer in Return of Income is 0.

Refund Amount As Computed Under Section 143(1) (INRUPEES) is 1.

Now What I nned to do

Hi all,

My Question is ,We have received Provisional GSTIN ,For Final GSTIN do we have to fill any seprate form or we dont need to do anything Final certifiacte will come wihtin 90 days ?? Where to put details of the stock in as on 1/7/2017 in order to Calim Credit of the same.


Thanks

Hi,

I am registered dealer under composition scheme of Rajasthan VAT and my annual turnover is below Rs.20 Lakhs and i do not want to registered under GST.
What is the procedure to cancel registration under VAT or it is automatically cancel.

I have received a bill from shipping Line
Shipping Line charges 2,00,000/-
GST @ 18% 36,000/-
Total Bill amount Rs. 2,36,000/- and certificate provided by shipping Line for non Deduction of TDS so i have not deducted TDS on shipping line bill.
now problem arises
for same amount i have a raised a debit note to a party
I have charged
For shipping Line charges 2,00,000/-
GST charges Rs. 36,000/-
Total 2,36.000/-
i sent debit note as well as Debit note of shipper to My customer , but here my customer deduct TDS on Rs. 2,00,000/- ( rs. 4,000) and paid my account Rs. 2,32,000/- , whether i should also demand to my customer to pay rs. 4,000/- ( while customer said that rs. will be deposited TDS on your PAN)
whether it is correct method.

I have received a bill from shipping Line
Shipping Line charges 2,00,000/-
GST @ 18% 36,000/-
Total Bill amount Rs. 2,36,000/- and certificate provided by shipping Line for non Deduction of TDS so i have not deducted TDS on shipping line bill.
now problem arises
for same amount i have a raised a debit note to a party
I have charged
For shipping Line charges 2,00,000/-
GST charges Rs. 36,000/-
Total 2,36.000/-
i sent debit note as well as Debit note of shipper to My customer , but here my customer deduct TDS on Rs. 2,00,000/- ( rs. 4,000) and paid my account Rs. 2,32,000/- , whether i should also demand to my customer to pay rs. 4,000/- ( while customer said that rs. will be deposited TDS on your PAN)
whether it is correct method.

we are paying freight to GTA in amount less than Rs 5000 Is such payment exempted from RCM since the amount is less than Rs 5000 the threshold limit upto which a regd dealer can take goods or services from URD in a day

If a private ltd company transfers some of its assets and liabilities to another company, this case is covered in which concept , where such company is still going concern ?? Also they have transferred all employees.