Our client have received notice u/s 143(1)(4) for the return filed for the assessment year 2018-19.There are 2 demands, in which one is agreed and the other one is disagreed. Actually we want to rectify the return but the option is not available. In that case how to dealt with the situation.

Dear sir/mam
I want format of letter to be sent to ICAI for termination of Articleship after 1 year on medical ground.

I have gst regular business having turnover of 40 lakhgst Returns filedAnd I have fish cultivation Business Having turnover of 80lakh Not included in gst Returns Now may Question is I am going to file tax audit case with 1.2cr turnover Because of mismatch with gst Returns will I get a Notice from IT Department? Should I include that turnover in gst Returns or what?

Does HUF have the option of charging 5% on car rental if it does not take ITC? It has mixed income. Office rent and car hire. So, on office rent it will charge 18% and take ITC? On car hire it will charge 5% and not take ITC? Such differential treatment is permissible for a single assessee – depending on the nature of income?

Hi,
Mr X bought IPL ticket for a match in Delhi and he got a receipt from Company A (a payment gateway based in Mumbai). The match was in Delhi and tickets were sold in the name of a Delhi based company (Lets say company B) The nature of payment was as follows:

I). Cost of Ticket = Rs 7031.00
CGST on ticket @ 14% = Rs. 984.50
SGST on ticket @ 14% = Rs. 984.50
II). Convennience Fee = Rs. 458.00
CGST on Fee @ 9% = Rs. 42.00
SGST on Fee @ 9% = Rs. 42.00
TOTAL = Rs. 9,542/00

Now, Company A issues a receipt (not the GST Invoice) for the entire sum of Rs. 9542/- and subsequently agrees to issue two separate GST Invoice on the insistence of Mr X. One Invoice would be for 'Cost of Ticket' and the other Invoice for 'Convennience Fee'.

The issue is can Mr X claim input Tax credit for GST paid by him and if so, whether for whole amount of GST or a part thereof can be claimed considering that all the three parties are located in three different states.

Thanks for your responses...
R S

Hello,
We all know audited financial statements of registered companies are public documents. Can the same be said about Audited Financial statements of societies registered under Societies Registration Act ? Is their any legal provision that explicitly or implicitly prohibit a member of the society from further distribution of the audited financial statements in a public forum?

Hi,

We have made return filing during the FY 16-17 that time we had shown only sales amount but TDS claimed but in FY 17-18 time, we took TDS amount but recently Intimation has come about the mismatched of Sales and TDS amount as per 26AS.

We just want to know, we have some of the clients which follow payment time tds to be cut, so what happen, we booked sales invoice in previous years but payment is received in current year and tds is reflected in a current year.

Guys please suggest what we can do in this case.

Sir,

1) Is RCM applicable for purchase made from URD wef 01.04.2019 ?

2) Plz guide on which goods & services RCM is applicable from 01.04.2019?

Thanks in advance

An HUF was registered for GST in FY2018-19. Its gross GST turnover (office rent, car hire charges) was 15.50 lakhs before it opted for registration. After registration, there was no further income. So, no GST was charged/paid. It filed NIL returns. In FY2019-20, it will be required to charge GST on the entire turnover? I.e. even before it reaches 20 lakhs? Or charge GST only after it crosses 20 lakhs?

Supplier had issued two separate invoices viz. one for supply of goods and another for supply of service i.e. freight charges which he had initially paid to the transporter and recovered from the receiver of the goods. Can the receiver of the goods take credit against service invoice towards freight charges issued by the supplier?