Our client doing consignment business, He received consignment commission(194H), Shown as a part of Business Income(44AD). Message came from CPC by asking clarification that no other source income shown while 26AS shows Commission income. What will i do?
Is it okey to show commission income(connected with business) as a part of Business income?

Dear Members,

Please let me know the consequences of not issuing E-Way Bill as it was required to be generated and I did not generate the same but goods has been reached the destination.

further I want to know the penalty provision on not issuing E-way bill.

Sir,

which value I have to mention In GSTR1 & 3 Export Sales made without IGST payment Under LUT , invoice value with Freight or FOB Value which is correct

please help in this regard

Thanking you

My one of client TDS deducted u/s 194LA for compulsory acquisition of land by government for RS 53 Lacs on which TDS deducted @10% RS 5.30 Lacs. Land is inherited property received from father in 1978 and father acquired land 50 years before. Now what will be the long term capital gain implications in this case? What will be the cost of acquisition in this case? There is no value available for calculation of cost of acquisition. Can I take exemption of long term capital gain arise in this case by investing in residential property u/s 54F or else investing in bond u/s 54EC. Please reply

Sir. Iam business man . I have purchased a goods from one registered seller of Rs-150000,180000 and 190000/ on different on .Total goods I purchased from him of Rs-520000/ .Now I want to pay it in cash. I paid him of Rs-10000 per

day for whole amount of Rs-520000/ . Can I do it .

Please reply

Dear Sir/Madam,
What should be the Income Head when a person getting Pension from State Govt.
While Filing ITR 1 for Assessment Year 2018-2019 there is only Head for mention as Salary and the other head is Income From Other Sources
But may I mention the Total Pension Amount received under the Head Salary ?
Pls. guide me for the same.

Dear Sir/Madam,

I have a proprietorship firm in the last F.Y. 2016.17 (A.Y 17-18). Advance Tax Rs. 55,000/- & TDS Rs. 6108/-. But we have not create any provision for Income Tax.

After assessment of this year we submitted ITR & refund of Rs. 3120/- credited in our bank a/c in Jan 2018. Our net tax liabilities around 58,000/-

My question is......... How we can adjust above TDS & Advance tax in this current F.Y. 2017-18 (A.Y. 18-19) in tally?

Also confirm to me, Provision of Income Tax under which head (Capital, Current Liabilities or P & L A/c).

Thanks & Regards

Harendra Singh

Suppose "A" (Gujarat) takes service of transportation from "B" Transporter (Kolkata) to transport goods within Kolkata and then "A" charge with their margin to "C" (Kolkata). All are registered under GST Act. So who is liable to pay GST? Whether transaction is considered as inter state or intra state?

I am transporting Grit (Gitti) using 10 transport vehicles (Total value is Rs. 1,00,000) and therefore value in each transport vehicle is Rs. 10,000.
In such a scenario, am I required to generate Eway bill?

Hi,
Please advise how can i show the rent arrears received from builder on account of delayed possesion in my income as i have not actually let out the property and have no intention on renting the premises in future.

Regards,
Abbasali.