Respected Sir,

One of our suppliers has added 0.10% TCS against the taxable value as follows

Taxable value Rs 1,00,000 ( Rupees One Lacs )
Add TCS @ 0.10% Rs 100 (Rupees One Hundred)
Add IGST 0.10% Concessional Rate Rs 100 (Rupees One Hundred)
-----------------------------------------------------------------------------------
Total Bill Value Rs 1,00,200
===================================================
Sales Turnover of the suppliers is above Rs 50 lacs and therefore TDS shall have to be deducted @ 0.10% against taxable purchase value.

TDS shall be paid by the customer after debiting supplier’s account by the TDS amount

Who will pay TCS ? Supplier will recover from us TCS

Supplier will pay TCS or Customer will pay TCS

Please guide me and oblige.

Respected Sir,
I have some question regarding RCM :
1 ) If I am builder & I complete a flat apartment scheme . After completion certificate i am going to sale such flat( Sale - As Trading View ). So No GST on my sales. But I have question that in such case RCM U/s 9(4) & RCM U/s 9(3) will be applicable or not ?

2) if I not builder but i have own a plot . So I have construct a flat apartment scheme on same plot. After completion certificate i am going to sale such flat ( Sale - as Investment view ). So due to Investment sale view i need not to pay GST on Sale . But in such case RCM U/s 9(4) & RCM U/s 9(3) will be applicable or not ?

Sir please reply i am waiting for your valuable reply.

For the month of December 2017 total of GST as per GSTR 2A is Rs.1,72,024.40
However as per GST portal under "Tax Liability and ITC Statement" it is shows as Rs.1,05,050.34
My question is This difference can be attributed to which factors ?
Because of this notice from GST for unmatched credit as per GSTR 3B and GSTR 2A has come

Our directors are disqualified upto the 31st October, 2021 in case of a subsidiary and in case of Private Ltd companies. My queries are as follows:-
1) What will be the position of the directors after that date? Will he be able to sign any documents physically or digitally?
2) Or else do i have to appoint a director through backend process and file the annual returns and then only the said directors can sign any form or be appointed as director in other companies.
3) If i have to appoint the director through backend process pls let me know the procedure .

SIR,
RCM 9(3) ON TOBACCO LEAVES PURCHASE IS NOT SHOWN IN 3B RETURN FOR APRIL 2019. BUT GST IS PAID UNDER FORWARD CHARGE IN SUBSEQUENT MONTHS. HOW TO OVER COME THIS PROBLEM

I have few questions with respect to how FnO losses can be reported in income tax returns filling

- I have FnO losses as well as some interest income for this FY. I am a salaried person and as far as I understand, I can't offset FnO losses against salary income. But, is it allowed to offset FnO losses against the FD interest income?

- Since I have FnO losses, I have read in few forums that I have to do some tax audit before filling the return. Is the tax audit mandatory in case of FnO losses before filling returns? I do not have high turnover in FnO and is less than 6Lakhs, whereas my salary income is around 16Lakhs

- And finally, I have never done tax filling for FnO before. So can someone recommend me any DIY articles on this or videos that I can refer on how to file FnO tax returns.

What type of documents can be authorized by a Tax Consultant? Can he certify unaudited balance sheet, balance sheet for small banking loans (say upto 2 lakh), small project reports (say upto 5 lakh)?

What is the difference between creditor for purchase and creditor for expenses in balance sheet.?
Thank you

Sir
As per GST , affordable residential apartments includes
In metro city - carpet area up to 60 sq metter
in other than metro city - carpet area up to 90 sq metter
Gross amt up to Rs 45 Lakhs.

But I have a question that , if I am going to construct Row Bunglows or Row Houses or separate bunglows & i fulfill all above condition , then same should be included in affordable residential
apartment ? & what will be the GST Rate for the same ?

Please guide

In CG for land & building section, Capital Gains is displayed as value of consideration.
Pl help as how to correct this error.
Pl help.

HARSHAD KHONA