rajesh
22 May 2017 at 14:14

work contract service

Dear Exparts, Kindly help me for Imapct of GST on Work Contact service and what is provision for the same.

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Deepak

In context of ay 15~16

Sir,
269ss and 269st restricts cash transaction of accepting any loan and refund of the same in excess of 20000
Bt what if I provide a loan of 30000 in cash and accepts the same amount in cash?
Will it be admissible in my hands

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uday tirthkar
22 May 2017 at 09:59

VAT ITC in GST

I am trading in fertilisers and insecticides. both items are lavied 6% vat in Maharashtra, and in GST fertilisers 12% and insecticides 18%. We will get ITC of 6% only and paying GST 12 & 18% respectively. There is loss to us of 6% in fertilisers and 12% in insecticides. is there any solution for my problem?

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Anonymous
22 May 2017 at 08:01

Rate of tax for drugs &mediines

respected sir ,
what is the rate of tax for drugs &medicines sold in retail medical shops and used by consumers.whether it is 5% or 12% .there is confusion .
please discuss

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Lalit Gupta

Name :lalit gupta (jhansi )
I have filed my ITR for assessment year 2016-17 in may 2016,but as the Tax deducted in salary reciept(more) and 26AS(less) Were different ,the return first filed by CA as per 26AS and as i insisted him that the tax refund is more he just revised the return simply by increasing my exemptions amount and then again revised by myself as tax as per salary receipt and verified electronically as I do not knew about 26as ,the ITR now Shows Tax credit mismatch , i did not received intimation up to now neither ITR in process . asked in IT Deptt. And they are telling that return is in process and should wait for intimation but it has been a long time for this answer from their side..what should I do now

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PREET
21 May 2017 at 18:31

Cash payment to buy a Property.

a Rs. 25lakh land purchased ,by Rs. 15 lakh in D/D and Rs. 10 lakh in cash, which withdrawn from bank in cash.Now sir my doubt is how to show that 10 lakh withdrawal​ in cash and paid to buy d land?and at what price land will shown,at time of transfer,to compute Capital gain/loss? Please advice Sir... thanks in advance..

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Gaurav Vij
21 May 2017 at 16:56

Presumptive taxation

SUPPOSE I AM OPTING 44AD and further i breach provision of section 44AD by claiming lower profits than 8% as per the provisions of section 44A(1) and my income is below taxable limit even then i need to get my books audited u/s 44AB .Secondly suppose in the above case my turnover exceeds 1cr rupees. What will be the implications. Tax audit will be required or not?

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Vikrant Vijay
21 May 2017 at 16:21

Baggage allowance and customs duty

Dear Sir/Madam,

I am an Indian resident travelling from Belgium to Mumbai after a short stay of 2 months. I am carrying following things with me intended to give as gifts to family and friends.

1. Jewelry valued at approx INR 58000
2. Other gifts and soveniers valued at approx INR 24000 (Articles include watches and perfumes)

Could you let me know if I need to pay customs duty on all of the above and approx how much will I need to pay?

Many Thanks

Regards,
Vikrant


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Surjeet Sharma
21 May 2017 at 11:42

To know tan no of company

Dear Sir,

Please help me ro get my company TAN no..as my seniors are not providing me..

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Sridhara murthy

Whether hsg Society should register under GST? Will the monthly maintenance collection attract GST? THRESHOLD limit of Rs 20 lakes will apply. What about claiming ITC if not registered with GST?

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