saravanan
21 September 2023 at 09:33

Gst on Freelance

Hi Sir / Madam
One of my friend is doing freelance work and getting paid in INR. But actually he raise bills in dollar. One intermediate is there to convert dollar to INR and transfer the amount to my friend's account after deducting his commission.
Whether it will be treated as export of service ?


Choice Palace
21 September 2023 at 01:14

Buying new car

Should I buy Car by my name , i. e., proprietor or by company name to get interest expenses and depreciation?
Also if buying car for company purpose should I get GST return for car or not?


SHIV KUMAR
21 September 2023 at 00:45

As 12 Confusions

a govt grant of INR 30 lack received in FY 22.23 to a producer company for purchase fixed assest now fix assest pirchased with gst 18% now the fixed assest value in the balance sheet is 2542372.88 now we are apply as for grant sattlement which dep set off with deff grant now the problem is if we charged dep on 25 lakh assest than in the future the tax diff will not be set off will you please help to resolve this??


deepak
20 September 2023 at 20:32

Tax audit related query for pvt ltd

One PVT ltd doing event management business and PVT LTD turnover is 1 crore and eighty lac and all transaction happened through bank account channel. and company profit is approximately 4.5 percentage. In this case tax audit mandatory OR Not?


PIYER

Can a Franchise Declare Profit under Section 44AD of The Income Tax Act,1961?



MALAY DAS
20 September 2023 at 20:00

APPLIED FOR GST CANCELLATION

RESPECTED SIR
APPLIED FOR GST CANCELLATION ON 1.1.23 . GST SUSPENDED FROM 1.2.23 TILL NOW. ALL RETURN FIILED ARE NIL. CANCELLATION IS STILL PENDING. NO ORDER ISSUED ITS TO LATE . WHEN TO FILE GSTR10? PLEASE ADVICE ... THANKS


Rupesh Jain

mr A. buy a flat and paid Total 86 lakhs to Mr. B and Mr. C. and TDS dedcted on Rs. 86 Lakhs @1% got the flat transfer from Builders. Builder give the accptance of Rs. 71 Lakhs receipts of flat price. and demand balance Rs. 57 lakhs of the flat value. Flat value in allotment letter 110 lakhs and registery value is also the 110 lakhs.
Now on Mr. A liable to TDS on Rs. 24 lakhs or 57 lakhs ?
how at the time of registery of flat register can demand the stamp duty on diff Rs. 33 Lakhs or not . how can give the reply to registrar.


Nishant Gandhi
20 September 2023 at 17:35

To sale car

Respected Experts,

Kindly advise that my pvt ltd company want to sale car which was purchase in Jun-22.
Kindly advise that GST applicable on sales of car ? as we were not claimed GST due to 17.5 section of GST.


PIYER
20 September 2023 at 17:32

Section 44AD-Presumptive Taxation

Can a Franchise Declare Profit under Section 44AD of The Income Tax Act,1961?


Mahesh Jadhav
20 September 2023 at 17:19

RCM on Rental of Car for Travelling

I am getting travelling service from unregistered vendor.

Our consultant is saying that we have to Pay RCM for this but we can claim ITC of this paid RCM amount.

This is loss for us by not claiming ITC and only paying RCM.

Just wanted confirm is this right ?






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