Jayesh
20 August 2020 at 17:29

Moving to UK

Hello,

I'm working as Technical Engineer in a software company based at Bangalore. My family is moving permanently to London. I don't want to lose my current job and ready to work from London for same company. My salary would be deposited in my SBI bank account like usual. Do I need to report this to anyone ? Do I need to pay Income tax in both countries ? Do my current company need to complete any compliance for me ?

Please advise
Many Thanks !!


Husen A. Dela

Hello Experts,

Can we issue GST Tax Invoice before getting GST registration approved,
for example my date of registration as per GST portal is 20-08-2020 and i am issuing invoice with date 18-08-2020 after getting GST registration approved.


PARDEEP KAPIL
20 August 2020 at 16:26

REVERSE CHARGE MECHANISM

SUBJECT : REGISTRATION FOR SERVICE PROVIDERS

DEAR SIRS : AN UNREGISTERED SERVICE PROVIDER ( COMMISSION ON SALES ) WHOSE TURNOVER IS LESS THAN RS.TWENTY LAKHS IS BASED IN DELHI. HE IS PROVIDING SERVICES (COMMISSION ON
SALES ) TO A GST REGISTERED DEALER IN RAJASTHAN.

COMMISSION ON SALES IS NOT COVERED UNDER REVERSE CHARGE MECHANISM.

PLEASE LET ME KNOW :

WHETHER SERVICE PROVIDER MANDATORY REQUIRED TO BE REGISTERED UNDER GST OR NOT ? IF
REGISTRATION IS NOT REQUIRED THAN HOW GST REGISTERED DEALER WILL PAY GST UNDER RCM. KIND REGARDS


JIGNESH
20 August 2020 at 14:29

Regarding continue business.

I wish to continue business after death of HUF. It's possible or not ?


Viswanath Reddy
20 August 2020 at 14:12

ITR filing

Someone guide me through following :

1. Where to enter the income on shares when "STT is NOT PAID"
2. Which ITR to be filled if i have SPECULATIVE LOSS (i.e. loss from intraday trading) from shares. Should it be treated as businees loss and to be shown under BP schedule in ITR...


Kollipara Sundaraiah
20 August 2020 at 13:59

Property purchase fund allowed I.t.act

One of female I.t. Assess purchases of House property value Rs:20,00,000/-
Assess own money Rs:12,00,000/- in bank account.balance amount rs:8 lacs funds received from assess husband and daughter through on bank accounts.
Question:
Funds received from daughter and husband allowed under I.t. and other (Benami )acts applicable.


satish kumar

Compulsory Acquisition by NHAI of Agriculture land inducing Well ,Pump, Borwel, Pipes, farmhouse/House Constructed in Agriculture Land TDS Deducted sec 194LA whether Taxable or not If its Exempted how to Declare In ITR (TDS 10%)


MAHESHA R
20 August 2020 at 13:31

EXEMPTION ON HOME LOAN

I have taken Home Loan for Plot Purchase and it will start for construction.

Kindly advise i am eligible for Income tax deduction for this.


M Sairam
20 August 2020 at 13:16

GST RCM

Dear Experts,

I have well known about RCM provisions u/s 9 & Categories of supplies which attract RCM but have doubts on RCM while calculating GST liabilities for GSTR 3B,

For Example, I have taken GTA Servies which have not opted 12% So RCM charge will apply to me. Such I have to show in Output Tax & take ITC, Is it Right?. I think it's right but how should I pay such tax if such shown as OUTPUT & ITC then ultimate liability will be zero if no sales are made.

Please clarify me, its very helpful me if you explain with accounting entries.


sahil siddiqui
20 August 2020 at 12:30

Regarding GTA itc

GTA registered in MP (RCM applicable)
input tax credit shown in GSTR 2A
1. while filing 3B we need to first claim then reverse the itc or,
2. just file nil return and ignore the itc shown in GSTR 2A.





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