i am an indivual of 43 yrs age. I have buiness income and interest income, which i have shown in buiness ITR-4 and ITR 4S. Upto AY 2014-15, i have filed ITR 4 and ITR 4S since AY 2015-16. If now I purchased a Flat / house / Plot, from FDRs amount i.e approx 26,00,000/- , then plz tell can i purchase this from my FDR amount or not? Whether IT deptt send me notice for investing of Rs. 26 lakhs in property? I have saved money year by year and invest it into bank FDRs year by year. And also show interest income in ITR i.e. income from other sourcrs. Whether I should keep Photo copies of Bank FDRs to show IT deptt, if I will received any notice? Please suggest and oblize
Hi Sir, please guide me whether i opt for old syllabus or go for new one. I already complete 2 subject (Audit & SFM) and coaching of two (FR + IDT with full GST) is running....plz suggest me based on my current preparation so that i can complete my syllabus till jan 2018.....
lets say,
being a motorcab aggregator if I am receiving the payments from the customer on my invoice,I am bound to pay 5% GTS
but the transporter who providing me with vehicles will be raising the invoice to me.
is the transporter is also liable to pay addition 5% GST on his invoice?
or will he get the credit.?
Is filling of GST CMP03 IS MANDATORY FOR ALL DEALER UNDER THIS SCHEME? IF YES THEN WHAT WILL BE THE DUE DATE FOR FILLING IT?
I purchased one residential house (say new house-A) on June 2015 with my mom (co owner and co borrower) via loan. At that time we lives at another residential house( say house- B) which was in the name of my death father.
On april 2016 house B had transfer/namantaran as a legal heirs in the name of me, my mother and two sisters ( total 4 legal heirs without any will). And then sold that house -B on April 2016 and repay entire loan which was taken for purchase new house- A.
Query is that We(me and mother) purchase new house-A at 14 lacs in total and capital gain on sale of house-B is 4 lacs.since we purchase new home-A within 1 year (on june 2015)from sale of old B house(on april 2016) then is it compulsory to open capital gain deposit account to avail sec. 54. Since cost of new house per head is 7 lacs and capital gain per head is 4 lacs,then is there no need to open capital gain deposit account??
Dear Experts Please tell what is the gst rate on following items
shawls and stolls and
On yarns
On garments like jeans shirts and baby suits On blankets
and cloth without stiching means sirf kapda???
Is the pension income received by Member of Parliament taxable under income from other sources or salary income?
Persons opting for 44AD or 44ADA is not required to maintain books of accounts and documents.. Does that mean that they are not required to maintain proof of any expenditure or income??
we are manufacturer and we get some Purchase Order in which buyers and consignee is different and in different state for example buyer is in Delhi and consignee is in Haryana. My query is that which state will we mentioned in place of supply. kindly advise. Rakesh Sharma
dear experts, we are manufacturer of footwears and after today's GST meeting , GST is 5% on footwear below 500 is declared. sir, my query is that can we avail full ITC on closing stock will be lying as on 30th June. And in future, shall we claim all our ITC. Please advise Rakesh Sharma
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
Purchase of flat/home with fdrs amount