Hi , company and it's another wholly unit have same pan card, and filling the consolidate return, where profit & loss , asset liabilities of the wholly owned unit is mentioned. Wholly owned unit have trade license and it is mentioned wholly unit &the original company name. Whether it possible that company &wholly owned unit have one pancard & file one consolidated return?

If a Company Shareholder died and according to his will his shares will be distributed in his two daughter in equal proportion.
In that Case, we will Cancel the Old Share Certificate and issue two share Certificates in favour of his two daughter under the same distinctive numbers ??

share of plot sold at native place town area Rs 2,00,000/- (my 1/4th share) in 2018 2019
whether atract LTCG tax and how much tax i have to pay & how i reflect in ITR Return
land purchased in 1972 @ Rs 9000/-

Sir,

I am running X-ray Center under calibration with a Diagnostic Center of Operative Company. I am not a professional doctor but running business through my salaried staff to providing X-ray service to patient. I provide x-ray service on behalf of diagnostic center they received x-ray fees from patient and pay me on monthly basis after deduction of TDS u/s 194J. In this business I had margin aprox 20-25% only and in this year my receipts is Rs. 22 Lac.

Now some advice to me file ITR us 44ADA and declared income 50%, which is much higher then my net income. If I declare income in 44AD then business code of Diagnostic center 18004 showing error that this code in not applicable for 44AD. If I file it with other service business code with my real margin then due to receipts more then 20 LAC I may get GST department notice (Even GST not applicable on me) to explain why I not pay GST on more then 20LAC receipts.

Now I how can I file my return with my real margin 25% of receipts and without Audit expenses?

Dear All

Some GST assessing officers are not allowing to assessee to adjust SGST liabilities against IGST input Credit.

According to them , IGST input credit can be adjust only against CGST & IGST liabilities & insisting assessee to pay SGST liability by challan.

Is there any circular or notification regarding this update ?

Now , is it possible for assessee to get refund against unutilized IGST input tax , immediately after submission of annual return GSTR-9 ?

Regards

S Mallick

Dear Member,

Please provide the solutions for Lumsum Pension Received by Assessee During the FY 2018-19 for earlier year, as assessee was retired in the FY 2008-09, from FY 2008-09 till FY 2017-18 he was not received any pension due to legal dispute related to the implementation of pension going on, but in the previous financial year he has received pension from the FY 2011-12 to FY 2018-19 as follows

FY Pension Received
2011-12 2,08,541
2012-13 6,10,845
2013-14 6,73,788
2014-15 7,33,188
2015-16 7,76,628
2016-17 8,20,071
2017-18 8,44,899
2018-19 8,11,877
Total 54,79,837/-

and employer was deducted TDS on above Pension received during the FY 2018-19 treating all income of previous financial year 2018-19 Rs.15,98,120/-

so please suggest the tax treatment of Lumsum pension received during the FY 2018-19.
Thanks

My company is having its own office space and running business from that place. I have let out a small portion of my office space on rent and getting rental income. While filing my income tax return can I claim depreciation on full office space or I have to take it proportionately.

My name was wrongly entered by ICAI at the time of registration. I asked them many times to change my name in ICAI records but it was not done yet . At present, I tried to change my name in ICAI records through SSP portal but it's asking me to upload a document like affidavit or gazzette notification but its not done by me. What shall i do now to change my name.Please suggest me regarding this....

Dear Friends ,

In My company working as a Sub Contractor , Contractor asking 1 ) Credit note for Some materiel shortage 2 ) Debit note for Some Materiel rate was hike .
In here am giving Both notes to my Contractor - This is correct or not .
and how to in Show GSTR1 and GST 3B .

In here goods are not taken back and not send back to some one .

Club Membership Fees paid by XYZ Ltd. on behalf of the Director of the company. The director is not on the payroll of the company. Is XYZ required to pay GST on it under the category of ‘Services provided to related party without any consideration’?