Good MorningTo All Experts,
We make Sale invoice to a Party.in this Bill we add freight . just want to know that what rate will be charges on Freight. Please understand through an example
Sale material Detail to Party
1-Item A with 18 % Igst = 25000
2-Item B with 28% Igst = 40000 I
n This bill we also add freight 10000. Than in which percentage We will charge Igst on freight amount 10K. 18 or 28% It will treat composite Supply ????

DEAR SIR,
WHERE THE PERSONS HAS MADE LONG TERM CAPITAL GAINS, TO CLAIM EXEMPTION HE HAS TO INVEST IN NEW ASSET BEFORE THE LAST DATE OF FILING INCOME TAX RETURNS OR DEPOSIT IN CAPITAL GAINS DEPOSIT ACCOUNT. NOW FOR AY2019-20, THE LAST DATE HAS BEEN EXTENDED TILL 31/08/2019.
THE QUERY IS IF INVESTMENT IN NEW ASSET IS MADE OR IF DEPOSIT IS MADE IN CAPITAL GAINS DEPOSIT ACCOUNTIS MADE BEFORE 31/08/2019, WHETHER THE PERSON CAN CLAIM EXEMPTION FROM LONG TERM CAPITAL GAINS?
THANKS & REGARDS

Dear All,

We have received an Invoice from Parent Company (Japan) for Debt Guarantee Fees, what rate will be applicable.
Under 195. (10% or 40%)

Please advise

Thanks & Regards

Amit

SIR,

I, AN INDIVIDUAL (WITHOUT AUDIT REQUIREMENT) PAID X AMOUNT AS SELF ASSESSMENT TAX ON 31.08.2018 AT 10.30 PM FOR FY 2017-2018 BUT BSR CODE AND OTHER INFORMATION NOT AVAILABLE , SO I HAD NOT CLAIMED THIS X AMOUNT IN FY 2017-2018.

But today 26As is showing in FY 2017-2018 Rs X has been paid as self assessment tax on 01.09.2018
Can i claim this X amount while filling ITR of FY 2018-19.

If , yes please also explain where to write this amount?

Jatin Pal

If taxpayer receives annuity monthly from Insurance plan of ICICI Prudential life insurance,is it taxable as income from salary or income from other sources?

Kindly guide as soon as possible.

What is Jurisdiction of residence in below case?

A person first time go to Australia and stayed there from 30-3-2018 to 23-3-2019.So her residential status is NRI for A.Y.2019-20.Now since 23-3-2019 till today she stays in India.what is her Jurisdiction of residence and TIN in ITR-2?

Kindly guide as soon as possible

Dear Sir/Madam,

Please advise to me which ITR (Form 4 or Form 5) form is applicable for partnership firm. Firm had been created in July 2018. Total Turnover Rs. 77 Lacs.

ITR form for Partner (ITR-3 Or ITR 4).

Thanks & Regards

Harendra Singh

I was purchased a property on 30.9.2004 on an agreement . N payment made through cheque 300000 10.05.2004 on this date stamp duty value 300000.
After that i registered this property on 12/07/2019 dlc value on that date is 1300000 on this transaction sec 269st Nd sec 56 apply or not also effect of tax implications

I am providing two type of services simultaneously. At one site construction of residential units eligible to tax @1% GST without ITC and another one is workcontract services taxing @ 18% with ITC. I purchase all the material in the name of firm and not project wise. in this case how to calculate ITC revesal amount under rules 42. Can I adjust whole ITC from work contract receipts and pay only 1% tax construction of residential units.Please suggest me what is the legal and correct way to utilise or reverse ITC?

Hello Everyone..
FOR A PROPRIETORSHIP FIRM, WE HAVE FILED ITR ON 30 SEPT WITH TAX AUDIT REPORT FOR FY 17-18 AS TURNOVER FOR PY WAS MORE THAN 1 CR.
BUT NOW IN FY 18-19, TURNOVER IS LESS THAN 1 CRORE..SO WHETHER AUDIT REPORT IS REQUIRED OR NOT AND DUE DATE FOR FILING ITR WILL BE 31ST JULY, 2019??
Please explain with example