The only income of inssurance agent the inssurnce commission undr which head taxable?? which itr is applicable?? if pgbp whether we need to prepare B/S & P/L??

We have a trading unit. I wants to know that what will be the procedure to get input credit of vat and excise of stock carry forward into GST. If we have a stock of 1 cr and excise duty is Rs 10 Lac and vat Rs 5 Lac. How much input credit we can take while moving into GST.

we are purchasing goods from importers at present these goods are non taxable (man made Fabrics). The seller give as bill of sale. Now shall we claim any input tax on these goods, Because the goods are already suffered additional exice duty by our seller.Please clarify.
thanks in advance

K.B.NAGESHA RAO
9448826793
kbnagesha@gmail.com

Hi sir... I have one doubt regarding GST migration. The query is now, I have tin number and central Excise number... the migration do the based of central excise provisional id not use the vat provisional. but migrated the gst shown as tin number also..and the same.. pan information wrong in tin. so we close the tin number and apply new number also. now my doubt is that new tin number not shown in gst migration only showed old tin number... now what can do..

How much interest on borrowed capital is allowed for deduction against Rent Collected From House Property For the Assessment year 2018-19?

Dear All,
Do we need to upload all the invoices generated during a billing cycle (If we billed to 50000 clients in august month so, we need to upload all 50000 invoices on GST system) or to uploan the invoice for those clients who take GST credit of our bills.

I AM A JOB WORKER, DOING JOB WORKING OF BOTH MANUFACTURER & TRADERS.
PREVIOUSLY JOB WORKER WERE EXEMPTED TO CHARGE TAX ON SERVICE PROVIDED TO MANUFACTURER.

PLS EXPLAIN ME THE CURRENT SCENARIO UNDER GST.
AM I LABLE TO CHARGE TAX OR NOT. ( BOTH TRADERS & MANUFACTURERS AND THE TAX RATE )

Dear Sir,

We are registered resaler of finished goods in VAT regime, my doubt is that how to avail input tax credit on closing stock on 30 June'2017 stock in hand available as VAT-able goods. What is the process of vat-able goods to migrate in GST stock.

On 1st July can we sale vat-able goods in GST regime by charging GST @28% (Hair-Cream,Shampoo,Dyes, Batteries, Cartridge,toner etc) while VAT charged @14.5% (12.5+2%) around 13.5% excess tax will charged on MRP.

Sir MRP was marked on vat criteria, can we sale goods on over MRP price.

Please Help me out I am very confused.

One of my friend applied for PAN Application in Form 49A, on 23/5/2017 vide acknowledgement No. 050169701022980 at NSDL PAN Facilitation Centre, situated at Jaipur. But after checking the status of PAN Application, it shows status like this

"INCOME TAX DEPARTMENT (ITD) DATABASE SHOWS THAT YOU MAY HAVE BEEN ISSUED PAN IN YOUR NAME. ITD YET TO
INFORM STATUS OF YOUR APPLICATION."

He has never issued any PAN Number from Income Tax Department. Kindly, tell me, what he should to do for issuing PAN earliest. Please guide me.

Hello All
I want to know that:
The property is in name of my father, can I take rent on behalf of him? If yes then
Can I show the rental income in my income and pay tax? If yes then what documents I should prepare for the purpose of income tax. The rent agreement can be made in my name instead of my father as he is not able to do due to old age.
Father is not agreeing to divide property as on date.
Pl advise soon.
Regards