Hi,

I had received a letter seeking details regarding the purchase of a flat under section 133 (6) in 25-02-19 and I had responded back with required documents asked by Income tax officer but I am not clear on few things and need assistance

I am a salaried person and there is no alternate source of income the flat was brought on home loan and no payment is done in cash (Have submitted) all proofs on same. there is no cash transaction in bank statement then why I am receiving this letter?

secondly, post submission of all documents I haven't received any further communication what should I do now? Am I required to meet assessing officer as I am not aware what is happened and I haven't received any further information in this regard?

Pls suggest !

The comaany from which we deal they send us product via 3rd party but as per their company policy they issued us discount on turnover including Gst how to make enter this on tally

One of my client has sold the membership of the club, so just wanted to know whether membership of club is considered as capital asset and whether any profit arising on the same is liable for capital gain.

Thanking you in advance.

Hi everyone,

My question is we are having our consultant where we are giving her charges of Rs. 25000 per month so her total charges is 300000 p.a now my doubt is whether i have deduct 10% on every month or 10% on 300000i.e her annual charges?

If a Charitable Trust which is not registered under GST sales, old/used Vehicle to an Individual, will this attract GST. If yes how it will deposit the GST and How the Calculation will be done.

Travelling expenses accounting Entry
Query
If one Company's Director is also partner in another firm.

Another Partner's have travel for business purpose & payment was done by director on behalf of another partner's. Payment done through credit card (credit card register with Director company Accounts)

What entry pass in Director's company account & Partner's firm books of accounts.

Hi ,
Please advise if Severance pay is taxable

In case of Amalgamation, whether Revised Tax Audit Report is also to be submitted along with the Revised ITR for Amalgamated Company.

Dear Sir,

We are a agent company registered under GST. We do hotel booking outside India only for Clients In India who send their employees outside India for project work.We do the booking on international supplier websites and receives commission from them once the guest checks out.We receive the amount in our Indian Bank account.We wanted to know whether we are liable to pay GST on this transaction and if yes at @ rate as we bill clients for the hotel booking amount 5% as we come under tour operator services/Reservation services with NO ITC.

Scenario 2
2) The clients does hotel booking directly from foreign sites say e.g Hotels.com ,Hotel.com doesnot charge any GST amount on the booking and the clients needs to pay Say USD 100 to hotels.com.

The same booking we do on behalf of client from Hotels.com itself and we also pay hotels.com USD 100 but we charge client USD 95 since we receive commission from Hotels.com after check out.so our outflow is USD 100 initially and we get only USD 95 abd receives commission 10 after wards

Do we need to charge GST on USD 95 to client, if yes then clients wont do business with us as it become expensive for them since we charge GST on USD 95 as per Indian laws and then do we need to pay again GST on the commission amount which we receives after checkout.

Your advice's would be very valuable to us

I have rented out a Warehouse for storage of excess goods on a temporary basis for 3-4 months. My Place of Business and the Rented Warehouse are in different cities within SAME state. I have the following questions,
1. Whether do i need charge GST for above stock transfer?
2. Whether have I to raise 'TAX INVOICE' or 'DELIVERY CHALLAN'?
3. In E-way Bill, under sub-type do I need to select 'SUPPLY' or 'FOR OWN USE'?
4. Procedure for Sale from the Rented Warehouse/Godown - Invoice and E-way Bill.
Regards,