Dear Sir,

A Individual person starting a trading business (buying and selling), does he required GST registration or not , and When GST Registration is Required or Mandatory For Business in India, please clarify with details.

One of my clients is salaried, apart from that she did open a Business in the P.Y. No information regarding net profit is furnished, from her Bank Statement, it is found an amount of Rs. 5,06,000 received after closing the business. So how should I show the income? Shall I file ITR-3 and show the income as presumptive tax? or other else. Please guide me

What will be the date of acquisition of the property for calculating the Capital Gain in the following situation?

Mr. Kumar purchased the property on 05.06.1986 & then he has transferred through settlement to his son Mr. Krishna on 05/11/2002 thereafter Mr. Krishna transfer the property by settlement deed on 18.03.2018 to his daughter Divya . Now the property has been sold by Divya on 18.11.2019.

i have issued tax invoice for goods retuned to the seller and showed in gstr1
BUT the seller has issued credit note against it
How can go about filling GST9 based on this?

Hi Experts,
Need some guidance on the below topic:
"A" provides service to "B" and raise an Invoice for the service provided. At the end of the year, based on the volume of business, "A" needs to pay back 5% of the total Sales amount to "B". This is something which they termed as cash back in commercial parlance.
E.g. If total sales during the year is Rs.1,00,000, then at the end of the year A has to pay Rs.5000 to B as cash back amount for the business given by B to A.
The question here is, whether the cash back amount is subject to TDS? If yes, will it attract TDS u/s 194H?
Please suggest.
Thank you!

A NRI wants to incorporate one man company in INDIA. Presently, he is out of INDIA. my question as under:

can a NRI do it?
is it necessary to present in INDA at the Time of Incorporation?

Dear Sir/Mam,

This question I want to ask for my sister.

She is a CA and working in MNC from the past 2 years but she is not happy with her work. She is 24 years old.

She is into Treasury department working as an Assistant Manager. Problem she has with her job is that her senior doesn't involve her in the major work that happens in the department. He gives her part of his work that even a junior accountant can do. She remains upset because she is not able to grow because of his attitude. Also he tells her lies that he will take her to the meeting but when the meeting happens he doesn't take her. Her senior is not even a CA but an MBA-FINANCE. But because he is in the company from many years he knows most of the work. The problem is he doesn't want anyone to grow in his department and take his position in future as his importance will decrease.

Other people are also not happy with his attitude but they are not working with him so doesn't bother much. My sister is directly working under him. She has even told the head of treasury about this but no action was taken as the work is going on and since he knows most of the work no one can remove him from department.

I am a Professional so doesn't know how to deal with such a problem. If anyone can help what she can do to resolve this issue since she will not be able to grow properly in her career. She is in the best department of the company.

Regards,
Divyesh Jain

Hello everyone
As there is a difference between short Tds deducted from salary and short Tds deposited, my query is regarding short Tds on salary deducted.

Being an employer, we deducted short amount of TDS from salary of an employee and paid him the net amount, for last quarter. But while depositing it to govt. we deposited some excess amount. So my query is now, how to adjust this short Tds deducted from employee salary, as we paid the balance amount to him and being last quarter no salary left where we can adjust this tds.

Sir,

I have applied GST Refund For Q3 2017-18 Clamied Refund Amount rs. 55016, I have received GST RFD 04 Provision sanctioned 49,514 10% Amount we will get refund or not , or it is back credit to our ledger

Plz kindly explain this

Thanking you

Sir,

We are yet to file GSTR 3B rtn. for June and July 2020. While the last date for filing is 23rd Sep and 27th Sep respectively, shall we file 3B rtn. for Aug now ( before filing 3B rtn. for Jun and Jul ) as the last date for Aug 20 is 20th Sep 2020.

Pls. advice.