We are Register Dealer in GST , RCM is applicable this year (F.Y. 2019-20) for this service which mention below from Unregistered Dealer 1) SALES COMMISSION PAID @ 1% against Turnover 2) Technical Consultancy Fees Paid 3) Interest paid against unsecured loan form Director & Others. 4) Profession Fees

Dear Experts,

Land land surrender land to Government for that Government issued TDR(Transferrable Development Rights) certificate. Land lord sold TDR certificate and received consideration from builder. What is the Tax implication?

1. Is it capaital gain tax or not?
2. Is it capital receipt not taxable?

Please tell me we made sales to china subsequently sold goods are return. we take the return goods payment of custom duty (Ex Custom duty paid is Rs.250000,in that Rs.150000 is Eligible for IGST input), My Question is the balance (250000-150000=100000) Rs.100000.cost added to Sales Returns? . Please give Accounting entry for above query with example.

One of our employee is resigned on 19th april 2019. We are paying salary for the notice period of two months i.e, april 2019 and may 2019 in full and final settlement. can we deduct pf on april and may months or it can be deducted only to the last working day?

Please answer to my query as soon as possible

Thanks in advance.

Husband senior citizen gifted one flat and one plot to wife.Wife's earning nill.She is also senior citizen.She is having PAN & Adhar.So for not filed any IT return.Now she want to construct a house on a plot that gifted from his husband with her savings and loan from relatives.Now the question not filing IT return so for is Ok?.In future any probem? Shall she file Nill income return?.Whether to she disclose all the assets in her name?

date of payment of professional fees was 28/04/2018, but the deductor forgot to deduct tds and did not make the tds payment on time. He gave us the details of the payment on april 2019. now , while filing the tds return for Jan to March 2019, can we include that amount? If yes, then what would be the date of deduction? (compu tds is not taking any date below 01/01/2019 as date of deduction) . I would also like to know whether the interest on late payment is to be calculated for 1 month or 2 months?

SIR I have a small question . if any person resides outside india for job purpose & he sends every month money in his home. now he decide starting a new retail business in India &also doing his own job in outside india. So sir when he sends money in India he tax paid in that country. my question is that moneyhow to show in ITR file ?? Please guide me.
Regards
Anirban Chatterjee

There are many bills every month of payment to many courier agencies and all the payments are made without deduction of TDS. Whether TDS will need to be deducted.

During October'2018,our consignment agents IGST sales wrongly added to our sales while filing our return.Also tax paid. Our Agent also filed his return considering this sale.So for not rectified this mistake.Also no IGST sales from our end.Now March'19 return not filed.Now how to adjust this excess tax payments.(tax Rs.196000/=)?

Sir we are paying some amount to one organisation on providing otp services. They provide GSTIN in the inoice but didn't given PAN number in the invoice. what is the percentage we have to deduct TDS? Can we consider PAN number in GSTIN for deducting TDS?