Dear Experts, I have a client registered with GST ACT for the year 2017-18. The turnover of the firm is NIL (Partnership Firm). Partner's having rental income exceeding Basic exemption limit. My Query is whether the firm has no profit and partners individual income exceeds the exemption limit in such case whether the firm is required to Tax audit? Please advise me in this regard. Thanks in advance.

Hello sir/madam,
There are various complications in gst provisions for works contract. one of them is whether works contractor is required to be registered in each state from where he provides "service" of works contract?
Eg.
Mr VJ is the civil construction contractor in MH and is providing works contract services in MH(assume t/o 25 cr). He also got work order from MP for Road construction he don't have any fixed esatablishment in MP(say for Rs.for 5 cr) but He wants to take Work order on MH GSTIN.1) Can he Do this? because in GST there is no specific provision for Seperate Reg. if no fixed establishment. and he can manage business from MH.

Dear Sir,
One of my company received professional fees bill from CA for Rs.20000/- in November-2018 and full payment made & not deduct TDS on fees due to Threshold Limit is not crossed.
Now the another professional fees bill from CA for Rs.15000/- in January-2019 and we made payment to him after deducting the TDS of Rs.3500/- and payment made Rs.11500/- and TDS paid in 8.1.2019.

My query is how to show transaction of professional fees (Rs.20000/-) in TDS Return in Quarter-3 of FY 2018-19.
In TDS Return Preparation Utility there is option for A,B,C,Y,S,Z.
Can I select the 'Y' option in TDS return for not exceeded the Threshold Limit.
In quarter-4 the transaction of Rs.15000/- can shown and TDS of Rs.3500/-.

Please suggest the valuable response in above issue.

Thanks & Regards
NK

Dear Expert,

I have been working in a Pharma R&D as an accountant.. We bought Paint boxes for our new office construction.

The paint shop vendor has provided GST Tax Invoice for that..

Please confirm that Can we claim the GST Input credit..


Thanks & Regards

V.Praveenkumar

SIR, IF PERSON HAD NOT FILE INCOME TAX RETURN FOR A.T. 2008-09, 09-10,10-11 AND NOW HE RECEIVED ARREARS OF SALARY THEN HOW TO SHOW THIS ARREARS IN HIS RETURN OF A.Y.19-20.
PLEASE REPLY AEAP

SIR
in the last year from july-17 to march-18, we paid rcm in cgst or sgst insted of igst on freight inward, now what i do?
please help me and give me soluation.
thanks

Dear Sir,
Please guide the details of figures to be filled in in RFD 01 in case of exporter of services for claiming ITC .
What are the figures pop up and which figures /col we have to manually filled in, pl.guide.
Thanks.

Dear Sir,
I have purchased raw material Rs. 111564/- from URD dealer without GST invoice. Whether I have to pay GST on URD purchase against RCM. The raw material purchase value should mentioned in GSTR3B for the month of Dec 18 Return. Please give me Advise.
Thanks

Dear Friends,
I am looking to sep up a play school , with franchisee of Kid Zee.
Can any one help me for formation of the school, should i operate the franchisee under proprietorship, Firm or any other education society for the purpose of income tax and all other relevant applicable law

Firm ABC has 3partners it has a leasedhold land since 1990 for 99 yrs .. firm constructed a shed on it with costed around Rs.120000 in year 2003 in fy 18-19 firm sells the shed @ 12lac .. in accounting books the cost of construction is fully depreciated ..please tell me what would be the capital gain tax on the said property??