Dear Experts,
My query is not solved by any experts.
Please solve my problem.
My query is in B2C Supply of refurbished mobile phones:-
Sale value of mobiles = Rs. 2,00,000
Taxable Value = Rs. 4,000 (Profit Margin) Therefore CGST(9%) = Rs. 360 and SGST(9%) = Rs. 360
Invoice value of mobiles = Rs. 2,00,720
How will take this figures in GSTR-1 ?
Reply by one experts = Take Rs. 4,000 in B2C others column and no need to show any figures anywhere in GSTR-1.
Reply by second experts = Take Rs. 4,000 in B2C others column and also take Rs. 2,00,000 in exempted sale column in GSTR-1.
Please solve my above query, I am getting very confused about above replies and which reply is correct.?
Thanks in advance....

Dear Sir,

I had taken a personal loan of Rs. 11 Lacs for repair / renovation of my house & to repay loan taken for reconstruction of house.
Referring section 24(B) can i claim deduction of interest paid on personal laon.

I am member of ICAI, not holding COP. Do i need to surrender membership to start a business?

Sir, My query is can pvt ltd company donate any fund under u/s.80G I.T.ACT to another pvt ltd company & what is its limit (amount) & any section/ rule read with.

We are a partnership firm. We are paying monthly rent of bungalow above Rs. 50000 to individual landlord. Can we liable to deduct TDS @ 5 % ? Please guide.

Hi,

As per our payment policy, we have to release the payment to our vendors after receiving payment from our customers for that particular project.

But if the liability is there in our books of MSMEs and we didn't receive payment for that project, then what should we do in this case if the payment deadline of 45 days is going to end.

Please suggest.

Regards
Ashu Gupta

Multiple CRN generated mustakenly ... how to cancel Challn

sir,
A Registered composition dealer income detailes mentioned below.
1.Sale of medicines for pharmacy busieness rs:80 lacs turnover yearly.
2.sec 194j Fees and tecknicial servicies income rs:30 lacs yealry (health services)
3.Rental income from shops rs:3 lacs
4.Interest income from partnership firm rs:3 lacs
5.Agrilculture income rs:2 lacs
Doubts:
1.Dealer opt composition scheme eligible or not
2.sec 194 j income taxable or exempted
3.rental income and interest income taxable or exempted
4.Agrilculture income taxable or exempted.

Can we surrender gstin if my projected turnover will be less than 40 lakh this year.

Dear Sir,

If Buyer Turnover less Than 10 cr & if yearly purchase is exceed the 50 lakh
then it may required to deduct Tds Us 194Q

regards,