Dear Sir,

We are Labour Supplier in a Company. Please let us know whether Labour Supplier can file ITR 4 (Sugam) for FY 2016-2017. Company deducted our TDS under section 194C @ 2%

Ms. Sweet is a business woman engaged in trading of Potato & Onion.
At present, Purchases are made from outside state without any liability of sales tax and sales are made in cash without any liability of tax incurred.
P.Y. Turnover is Rs.6 crores

Since potato & Onion are exempted under GST too, she doesn't took any registration under GST.
Transportation cost are incurred for the above mentioned vegetable arriving in trucks.

GTA services are liable to GST under reverse Charge Mechanism if the service receiver is registered.

Now the following doubt arises: -
1) Whether Ms. Sweet is required to get registered under GST?

2) If she is not liable to get registered under GST for trading business, Whether it is proper in law to assume that no reverse charge mechanism is attracted and thus no GST Registration (as GTA Service Receiver) and no GST liability arises thereon for transport cost incurred??

Respected sir

I had completed my registration for GST practicenor on gst portal dated 25/06/17 and I have got a TRN No. But I do not have received ARN No. Till now

Does I will register again or wait for reply

we have registered as a composite dealer under state VAT laws..we are expecting to have closing stock on 30/06/2017...can we sell that stock from 01/07/2017 without collecting tax like how we use to do...or do we need to pay tax on such stock along with new stock we will purchase and sell from 01/07/2017 under GST regime...

Sir,

A Registered Partnership Firm into trading with total turn over of 188 Lakhs for financial year 2016 - 2017 -
a) Does its accounts need to be subjected to Tax Audit?
b) If tax audit isn't mandatory, has the return to be filed u/s 44ADA of Income Tax Act?
Kindly advise. Thanks in advance.

Ravishankar

Sir, If llp/partnership firm holding more than 50 % shares of ABC Ltd then whether llp/partneahip firm is required to prepare consolidated Balance sheet as per AS -21 or have to give treatment as per AS - 13 ? Assuming that llp/partnership firm falls under level 1 category.

Respected sir,

A society/trust which is not registered under section 12 AA of the Income Tax Act and it carries out charitable objects.

Can it not claim basic exemption limit under Income Tax Act as an AOP? Is MMR Maximum Marginal Rate applicable ? Further the shares of members have not been defined and members individual income is above basic exemption limit. Please advise.

I have suffered huge loss in Kushal Tradelink Limited, can i set off that loss with ICAI Exam Fees ? does Icai gives such benefits to its students.... i can give my share to ICAI instead of exam fees

Dear All
We are manufacturing unit of Multiwall Paper Sacks(Bags) our previous CETH & HSN code of this product is 48194000
all ready we have migrated under GST but we found our HSN code had been changed due to something wrong we get our product code like SACKS AND BAGS, OF A KIND USED FOR THE PACKING OF
GOODS OF OTHER TEXTILE MATERIALS 63059000 I have all ready try to get our perfect HSN code from new HSN code issued under GST but not found my previous CETH Or HSN code.
Please guide us what is our real HSN code under GST.
Thanks & Regards
Gautam Kumar

Whether maturity value of a debenture included in the total income of an individual while filing Income Tax Return?