DEAR FOLKS,
We took vehicles on hire ( Excavator and JCB) along with operators. We agreed to pay on monthly basis for excavators and hourly basis for JCB and we ourselves provide diesel . Under which section we have to deduct TDS whether under 194C or 194I ???


PLEASE GIVE UR VALUABLE FEEDBACK WITH REASONS.I WILL BE GRATEFUL TO YOU

Thanks and Regards
Nikhil Bhudolia

Dear Experts,

Can any one please guide me about when the interest liability arises for late fling of GSTR3B return after due date.

Example: I have 100000 in ITC and 60000 outward Tax. I am filing the return 10 days after the due date. Now do i need to pay interest @18% on 60000 in this case. Please guide me as it is very urgent for me and If possible provide me any notification or other supporting document as i need to submit the same in the GST department.

Thanks everyone.

We took vehicles on hire ( Excavator and JCB) along with operators.
We agreed to pay on monthly basis for excavators and hourly basis for JCB and we ourselves provide diesel .
Under which section we have to deduct TDS whether under 194C or 194I ???

Hie,

I want to reply a income tax notice for non filing of ITR.

One Transaction was that I sold a rural agricultural land.Since it is not a capital asset it is not taxable as capital gain.
But the Market value is Rs.2 crore and agreement value is Rs.90 lakhs.

Is there any issue in above since difference between Market value and Agreement value is high.

Hi,

I Have taken long term from one of my friend with a certain rate of interest per year and I am planing to make the payment after 3 years. how could i make the journal entry for outstanding interest for Current year and how it balance in balance sheet.

Outstanding interest i can take liabilities side in Balance sheet but how it match to my assets.

Dear Experts,
Please clear on Notification no 01/2019 of CGST as per notification Registered person has to be follow the Notification No 08/2017 CGST to Pay RCM on Unregistered purchase.
Kindly clear on the same.

registration application cancel vide order in reg 05 as per rule 9(4) on the ground that the query remained unresolved (no submission in response to scn in form reg 3)

now what remedy available
1. file appeal or
2. again go for registration as a fresh

EXPERTS,
ANY TYPE SERVICE WHETHER LEGAL OR PROFESSIONAL RECEIVED FROM ADVOCATE WILL FALL UNDER RCM UNDER GST ?

can I consider the rebate under section 87a before arriving at the total income for the purpose of form 15h for the financial year 2019-20. If I consider the rebate my tax liability is nil. If I don't the liability is Rs.2500. In other words am I eligible to submit form 15 h ? I am a senior citizen aged 70 years. Thanks

I have filed appeal form 35 in respect of individual and I have paid appeal filing fees in challan 280 in minor head 400 as other payments. I am not sure about which minor head should be selected minor head 300 or 400?????