I HAD WORKED IN A MNC CHENNAI FOR 13 PLUS YEARS AND GOT MY PF SETTLMENT TODAY.
BALANCE AMOUNT IS CREDITED TO EPF PENSION ACCOUNT.
WHAT IS THE PROCESS FOR APPLYING THE PENSION SCHEME THRU ONLINE

Dear Sir,

I have received a notice from GST officer as NOTICE FOR INTIMATING DISCREPANCIES IN THE RETURN AFTER SCRUTINY.

While going through my GSTR-3B and GSTR-1 returns it shows that the amounts are completely matched apart from the Non-GST sales which I have mentioned only in GSTR-1 in the Non-GST column. My cleint is into Transportation business and in regsitered under Reverse Charge Mechanism. Hence he is not liable to pay any GST.

In GSTR-3B I have put the Sales amount in Nil Rated sales for the above mentioned person and in GSTR-1 I have mentioned the sales amount in the Outward Sales column.

Please help me how can this issue be resolved.

Regards,
Divyesh Jain

Usually, it has been the procedure to start educational institutions like Medical colleges in the form of societies, trusts or sec 25 companies (1956 Act ) . But my query is whether a Pvt ltd company can be established for running a Medical college which will be a tax paying company and whether MCI will permit that. If so, are there any such institutions in the country now running such colleges. This apart, what are the guidelines under GST Act on this?
Please enlighten me on these aspects and also the repercussions.

Hello Sir,

My Company could not fill AOC-4 during first 2 years of incorporation because the CA neglected but he filled MGT-7.
Now I can see the penalty is crossing 1 lakh rupees. CA also died last year so this negligence we got to know when we changed our CA. We filled after that everything on time.
May I know what are the solutions?
Is there any way to get some concession on penalty?

i am doing GST Filing for many clients, i have one doubt regarding RCM, many clients receiving services of RCM, please confirm whether i have to pay GST @ 5% by RCM on the services received by GTA or is there any exceptions to the same .

for ex: if i pay Rs 500 also , then RCM applicable please guide me in detailed manned with provision of GST act

We are planning to convert the existing LLP into Private Limited Company.

In the existing LLP, for fixed assets we follow the rates of depreciation as per the Income Tax Act,1961 i.e., on WDV. Individual asset value is not available.

Now, if the LLP is converted into Pvt. Ltd. , we need to follow the methods available as per the companies act. How to arrive the value of individual asset for assessing the balance useful life in this case?

If anybody know the process, please help.

If Supplier Updates October GSTR1 on 20th November and it is the last date of GSTR3b October. Can we Consider his ITC in GSTR3B? Please Clarify this

Sir,If a person is in employment during the period 1-10-10 to 31-03-12 (1.6 Years) in Company A and he is in employment during the period 1-04-12 to 30-11-2019 (7.8 years) in Company B.This Company B is demerged from Company A on 1-04-12. This Company B is paying Gratuity on 30-11-19 for the Whole Period of his Service(i.e., 9.4 years) in both the companies.Now for the Calculation of Exemption of Gratuity u/s.10(10) which period is to be taken as No.of completed years of service.
And Provide the Eligibility criteria for an employee to get exemption u/s.10(10).
And when we can say an employee is covered by the payment of Gratuity Act,1972.

Dear Sir,
It is given in various articles that, share of co-owner is determined from the amount he/ she has paid towards cost of house property
but can you please guide me in which income tax rules or section it is specifically written/ guidance given for determination of share of each owner based on amount paid.
Section 26 gives that peroperty is taxable as per the share of co-owner if share is definate and ascertainable and
Section 27 talsk about clubbing of income.
section 54 also gives clarity about taxation at the time of transfer

So i am confused where exactly it is written about determination of share of co-owner on the basis of money paid at the time of purchase of property?
Regards
Kaustubh

One of our clients was not filing his GSTR 3B and GSTR1 as a result the GST party went to their office and on physical examination of stock as per books and as per physical there was a differenc of Rs 70 lacs the GST party told to deposit the tax and took all the books and other records with them and give us a list of books impounded. After that the assessee deposited all the returns. GST Officers have not issued any showcause and no letter only telling us on phone to deposit. How can be get our books from there is there any procedure to get certified copies or can be get our original books out. Please guide with provision