Dear Sir, If any case, husband (doing job in private co) and wife (house wife) is joint owner of one house property and home loan has taken on it and husband is paying loan with interest. The house is let out to third person and he is giving monthly rent and this rent is deposited in husband wife's joint account. Now, at the year end husband is claiming loan interest as loss from hp and 80c deduction with the salary income and wife is showing whole rent income in her income tax computaion. husband name is first in both the agreement. Is it possible in Income Tax that one person is claiming Home Loan benefit and other person is showing House property income? please guide.

We purchased goods from the party in September 2021 but delivery is still not taken by us. The party has uploaded invoice is gstr1 and we can see in our gstr2A. What does this means? Please clarify?

Sir
company is a public unlisted company . company has got ISIN

the company has unissued shares it wants to issue these shares

how this is done ( by issuing allotment letters to DP)

We received invoice from the party dated 28/9/2021 but we have not taken delivery of goods. Now we want to take delivery of goods by generating eway bill. Will there be any problem? Please clarify?

We have sold goods to the party by eway bill. Now the party wants to return the goods? How goods will be returned? Will eway bill be genereated by the party? Who will issue debit note? Only debit note required to be issued? Please advise?

Sir,
Sec 269st ,sec 269ss,sec 269t,sec 40a(3) provisions applicable for
Sec 44ada,sec 44ad,sec 44ae it returns filed persons
Or
Sec 44ab audit filed persons only

Or
Both persons applicable above mentioned provisions in it act.

Dear Friends
Thanks for your guidelines various issues of taxation.
It is a matter of litigation.

GST Concessional Rate 0.1%
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In certain case the exporter has forgotten to mention in shipping bill the concessional rate of GST @ 0.10%, suppliers’ particulars such as name & address with bill number also. But the buyer and Seller both have followed the same HSN Code and the shipment has also been effected within the stipulated period of 90 days.
So far as the issue of mentioning of the proper wordings on shipping bill is concerned, it should not be considered seriously because rest of other special conditions of concessional rate have been fulfilled as per the procedure adopted by the seller and customer both.

Just because of silly ignorance the whole formality should not be rejected and finally seller and customer both should be given full liberty for availing of the benefit of GST concessional Rate @ 0.10%.

Am I right ?

Awaiting your comments on this issue.

We have received invoice but goods are not delivered. Can we take ITC on invoice whose goods not delivered. What is the time limit for taking delivery of goods by e way bill after issuance of bill.

Respected Sir / Madam

Please let me know the meaning of the Scheduled Bank. What is the percentage of Security towards funds invest in the Scheduled Bank? Today which banks are the examples of Scheduled Banks? Futher, What is the difference between Scheduled Bank and Nationalised Bank? Which bank is more reliable The Scheduled Bank or The Nationalised Bank? Please guide.

We issue bill by consecutive serial no. We have issues 2 bills of same serial no. How to rectify this?