Hi,

I have a query regarding LIC's money back policy. Here are my plan details:

Policy Name : New Money Back Plan - 20 Years (Plan-820)
Sum Assured : 5,00,000
Premium Amount : 9,556 (quarterly) + Service Tax
Commencement Date : 28 Feb 2015
Maturity Date : 28 Feb 2035

Since, 5 years will be completed on 28th Feb 2020 this year, I have received an intimation from LIC for the payment of the Survival Benefit Amount of Rs 89,964. My concern is that I should be getting Rs 1,00,000 as per the policy. Why have they deducted Rs 10,000 from the Survival Benefit amount? Have they deducted TDS? As far as I am aware of, TDS is deducted only when the premium paid is more than 10% of the Sum Assured(which is not the case here).
Could any expert in this forum enlighten me? Any information will be much appreciated.

Thanks in advance!

Gaurav Yadav

Sir, I want purchase goods for business use outside India. I have GST Registration.
Now I want to know ,what others compliance I have to do, for purchasing goods for complying indirect tax department

I booked the flat on construction linked EMI plan in 2011 and got the possession in 2017. However builder also charged me Interest on delayed payment of EMI. Please suggest If I can claim this interest u/s 24 of the income tax act.
For example, if the interest amount is Rs 100, Can I claim 1/5th of the same Rs 20.00 in next 5 financial years after possession u/s 24 or other section of the IT Act.

Please suggest along with IT rulings and case study in such cases.

any one tell me build management committee of trust and format of management committee of trust and what is registration process of management committee of trust

DEAR SIRS

I APPLIED FOR GSTN WAS CANCELLED BY OFFICER.
THEY RAISED FURTHER REQUIREMENTS LIKE AUTHORITY LETTER OF PARTNER AND RENTED PLACE OWNERS ELECTRIC BILL OR TAX BILL.
THE ELECTRIC BILL AND TAX BILL WERE ON THE NAME OF SOCIETY AND YET NOT TRANSFERRED TO OWNERS NAME. I ATTACHED AUTHORITY OF PARTNER AND REPLIED THAT THE PROPERTY TAX AND ELECTRIC BILL IS YET TO TRANSFER TO FIRM NAME.
THEY CANCELLED APPLICATION OF REGISTRATION OF GSTN YESTERDAY

PLS GUIDE CAN I APPLY FOR THE SAME AND MAY I KNOW PROPER REASON FOR REJECTION OF THE SAME ?
REGARDS

Respected Sir,

While filing GSTR-3-B for the month of December 2019 whether we should refer to GSTR-2-A before filing GSTR-3-B and it is also advisable to me as on which date for the month of December 2019 we should file GSTR-3-B

Dear Experts!
In case of inter branch goods transfer, it has been always queried that how to determine the value of goods. Whereas second proviso of rule 28 CGST rule state that Provided further that where the recipient is eligible for full input tax credit, the value declared in the invoice shall be deemed to be the open market value of the goods or services,
However In view of above explanation since the inter branch is distnict person also eligible for full ITC hence as per these proviso we can even transfer the goods at the zero value because it is stated that value declared in the invoice shall be deemed to be open market value'

Pls share your valuables views on this....

Thanks & Regards
Karan Kumar

I want to start the business as e commerce opertor. I will register the vendor on my site and the products will be choosen by the customer and will be deliverd as per the details of the customer. I will collect the amount and remit the balance deducting my commission. My concern is all the vendors are from out side the india. The products will come from abroad and will have to make payment. How i will deduct TCS do they have to take registration in India. And i have to pay GST on commission income or all the sale made on my portal and net of itc on purchases made.

Mr. A has sold a residential house in his personal file. Now he wants to invest the funds for purchase of a hotel, ie a commercial property. The investment will be routed through a company in Mr. A is a director.
A. Can such routing of funds enable him to avail exemption u/s 54?
B. Can he do the investment in personal name in the hotel and avail exemption?

Hii
I am a article in my final year of Articleship, my articleship registration date is 13-08-2017 in which I have taken leave of Around 4 Months .
Now my third year of articleship is also getting expired by 5 months so can I eligible to go on Industrial as a wonderful opportunity is offered to me for industrial in a reputed Corporate.