Jyothsna
12 December 2019 at 23:38

FD and RD interest rates

Hello,
Will the rates of FD and RD change from time to time?


Renjith.R.s.
12 December 2019 at 21:46

GST Registration

What is the minimum turnover to exempt from GST registration?


CA VENKATASWAMY

Whether GST Output paid on sales is includable in Turnover calculation as per income tax act? sales in profit and loss account is including GST or excluding GST?


Sanchit
12 December 2019 at 19:05

Input Tax Credit on Air Conditioning Plant

Hello Sir/Mam,

Our company is considering a proposal for taking services of works contract for Centralized Air conditioning for our new office.

Whether GST input would be available on the Works Contract Services?
The vendor would provide material and labour for Centralized Air Conditioning
.
As per Section 17(5) of CGST Act immovable property except plant and machinery is mentioned.

Prompt Response would be appreciated.


NIKHIL SHARMA

Dear Team, I have an issue actually we are reserved some sales bills for invoicing in the month of may 2019 but we can not booked these bills in the month of may due to material was not ready for dispatch but our buyer is booked these no. of invoices on their b2b portal so in the next month we can not cancel these bills.
but the problem is that no. of invoices material is dispatch in the month of december 2019 and yet we have not taken these bills in GSTR-1, so can we take these bills of may 2019 in GSTR-1 in the month of december.
please help

Thanking you in advance


CA Harsh Kothari
12 December 2019 at 17:47

TDS on payment to non-residents

An entity paid Rs 100 to to a non-resident in the month of April 2019 and did TDS @ 35.88% (rates applicable as on that date). Now in December, it is making an additional payment of Rs 100 and will do TDS @ 42.74% (current rates). Is the client required to pay the differential TDS of ~7% (pertaining to the first payment)?

If yes, will interest u/s 201(1A) apply?

Thanks!


akansha

Hi,

I am student of ca final (old scheme). My group 2 is still pending. I will be preparing for the third time for my group 2 and I am slightly directionless on how to prepare this time. I think I know the subjects when I study them but I do not get marks so surely there is something wrong that I am doing. I have to appear in May 2019.


Pooja
12 December 2019 at 15:33

ESI DISALLOWANCE

Respected Sir/Medam,
I have received notice u/s 143(1) in which Department was disallowed payment of ESI due to paid after Due date of Payment. But sir we paid that amount before Due date of filling of Income Tax Return as per section 139(1) so it should be allowed as per requirment of section 43B.
kindly guide me sir on above issue what I need to do.


Sachin Kumar
12 December 2019 at 15:13

Company incorporation spice eform error

We had received following resubmission in Spice form:

As per rule 13(5) of the Companies (Incorporation) Rules, 2014, Business visa of foreign susbcriber or foreign authorised representative should be attached or Overseas Citizen of India (OCI) or Person of Indian Origin(PIO) certificate should be attached with stamps of arrival in India.  

We are incorporating subsidiary.
Holding company is incorporated in india.
There is one foreign national national of China who is authorised representative of holding company who is subscriber. Foreign national is resident in India India. Foreign national is also director in holding company.
we had attached foreign national PAN, bank statement depicting indian address and his stay visa visa in Spice form.

Please tell what should be attached to remove the error in spice...?


Monal Shah

Respected sir/ma’am
My client got notice u/s 139(9). For which I have already submitted response by uploading revise xml file of ITR-3. Then he got mail from income tax department to fill p&l a/c or balance sheet. Otherwise, ITR ‘may’ consider as defective. The assesse is falling u/s 44ADA. So, I want to fill balance sheet of not maintaining regular books of account section. now, the revise Return is ready with me but I missed that 3 days limit to withdraw the response filed u/s 139(9). Now, after three days, how can I update hyperlink for already filed response u/s 139(9)?
Please help as early as possible.





CCI Pro
Follow us


Answer Query