Hi,
In case a Buyer is buying a flat from a NRI wherein the NRI has paid only part payment and the balance is due to the builder (Resident). As per the agreement to sell, the buyer is supposed to make part payment to NRI Seller and balance to the builder on the date of transfer. As per my understanding, for the payment being made to NRI TDS u/s 195 should be deducted and for the payment to builder TDS u/s 194 (0.75%) should be deducted. Pls. confirm

Dear Friends,

One of my relative a senior citizen aged 65 years having fixed deposited transferred from Her Husband after his demise.  The fixed deposited were held Jointly by her with his major son.  Both of them having PAN but not filed any return so far.

From AY 2017-18 onwards, her income on Fixed deposits exceeded the taxable limit and due to ignorance she had not filed the return.  However to avoid TDS deduction on the Interest Income, She filed Form 15H with the Banks /Nidhis.

The query is : 

01. Whether she can file the return and pay tax for the years she earned taxable Interest

 02. What is the consequences if not filed the return.




Thanks in advance.

Suresh

A registered regular scheme workcontractor service provide different government works.(repairs and roads etc)

dealer Rs:6 lacs some amount received from different works.
Question:
1.Works amount how to shown producure in gst returns.
2.tds return -7 filed compulsory.

I am a composite dealer and registered for GST for my business.
Further I am receiving a rental income..
Do I need to charge GST nd at what rate

Further if I move to normal taxpayer then what would be the consequences.

Hi Friends.
Need you advise & thanks in advance !
We plan to provide technical / sales support services to a foreign company. The payment is in foreign currency.
-Please advise if GST will be applicable on it.
-If yes, then at what rate.
- If no, will it be because it will be considered a Zero rated supply (ie export ) or an Exempt / Nil rated supply.
Thanks !

Hi Friends.
Need you advise & thanks in advance !
We plan to provide technical support services to a foreign company. The payment is in foreign currency.
-Please advise if GST will be applicable on it.
-If yes, then at what rate.
- If no, will it be because it will be considered a Zero rated supply (ie export ) or an Exempt / Nil rated supply.
Thanks !

SIR
I ,am a proprietor in Salem, want to buy a product from Trichy and directly sell it to Chennai by the truck. How can I issue invoice and e-way bill under GST ? guide me.
Plz thanks in adv

we are in hospitality business and we were issuing invoice and @ 18% GST with availing Input from purchase .But now from Oct'2019 on words we opt 5% Gst with no ITC claim , now can we use my earlier input balance in my current liability till it finish or have to deposit GST monthly. than will happen of my earlier ITC.

Sir,

Please solve my below query:
1. My friend salary earning from pvt job during the financial year 2019-20 is below Rs. 3,50,000
2. He also doing trading activity i.e Share buying and selling through his own demat account. during the financial year 2019-20 his profit & loss statement showing Rs. -428.12 loss for speculation, Rs. 7652.33 profit for Short term & Rs. 95.45 profit for long term.

Kindly suggest us which ITR return applicable for financial year 2019-20

Thanks & Regards.

Hi,
I worked for an employer for 7 months in this FY, and later withdrew my PF (which had only 7 months worth of amount), I have below questions:
1. can I deduct my own contribution to the PF as 80C deduction in ITR?
2. employer has already paid TDS for their contribution in the EPF, but not on mine, do I need to pay taxes on my contribution too?
Thank you