Hello Expert,

Kindly guide me on applicability of GST on purchase of TDR and if GST is applicable on it what is the rate of GST?
Waiting for your reply.

If a person omitted to report a B2B invoice dated 01-Feb-2018 in his GSTR-1 and now in Dec-2018 the same has been found and he wants to correct this. How can he do the same?

In other words is it possible to report an B2B invoice with original date 01.02.2018 in GSTR-1 for the month of Dec-2018?

Your suggestions will be highly Appreciated.

Kind Regards,
Vikas Kumar
9899493327

Dear sir,

I have filled a return of Income without payment of income tax liability, subsequently in the next month Income tax is paid along with the interest. During the this period no order is received from the Income tax department and also figures (total income) also not changed.

Whether we need to file the revised return once again in the next month after making payment along with the payment details or not required.

Please help me out form this situation. thanks in Advance

Dear Sir,

i am working in educational institute

my question in which expenses comes under infrastructure augmentation

1) revenue which debit to profit and loss account ?
2) Capital expenditure which directly appear as capital addition or WIP?

Thanks

SIR, I REGISTERED IN GST AS A REGULAR ASSASEE. NOW, I WANT TO BE COMPOSITE ASSASEE. KINDLY INFORM ME THE STEPS TO CONVERT INTO COMPOSITION SECTION IN GST?

Hi All,

As per section 138 of Indian Companies Act 2013 read with Rule 13 Of Companies (Accounts) Rules, 2014, certain class of companies are required to appoint Internal Auditors first condition being turnover exceeding INR 200 crores during preceding financial year.

It's not very clear whether this section will still be applicable if the turnover falls below cut off .Please advice.

Example - 2017- 18 : turnover = INR 250 crores , so the company is mandatorily required to appoint internal auditor on its payroll before 30th september 2018.

Now , in 2019-20 : turnover = INR 100 crores( assuming) , will the company still be required to employ internal auditor on its payroll ? Or every year the appoint is subject to the the realised turnover ?

Thanks

Hello
Plz someone clear about late fees in ITR filing for f.y 17-18
In java utility Late fees of Rs. 1000 is shown automatically..Then should we pay it still? or should file without payment?
Right now late filing fees is mandatory?

Thanks in advance

Dear All,
Greetings!

My query is about purchase of a flat and how to Disclose this in ITR 1 while making payments of Rs 15 Lakh in through cash or through non-cash mode and there is a loan also, the details are as under:

Flat value: Rs 40 Lacs
Registry charges: Rs 2.50 Lacs (Approx. Extra)
Cash / Bank Balance: Rs 15 Lacs
Housing Loan : Rs 25 Lakhs (Approx. including insurance)

Queries:
1) The builder wants the payment of Rs 15 Lacs in cash, whether it is good to pay cash or pay through cheque
2) Registry amt. to be paid through cheque or cash
3) Since, last 3 years I have started job and regularly filing ITR 1, in current financial year How to disclose all of this irrespective of payment through cash or cheque.
4) Please help me in guiding to file ITR also regarding purchase of the same, loan and interest on loan amount.

It is requested to please provide the solution as it is the tremendous situation in which I got stucked.

Your earliest reply will be highly appreciated.

Best Regards
Rahul

Dear Experts,

Please provide SAC Code Reimbursement of advertisement under GST Regime.

Shall we have to update SAC in Amendment of Registration Non - Core Fields?

an assessing officer has added income to our business profit based on old GP Ratio, because gross profit has reduced over the years, mainly due to reduction of price due to stiff competition.Can we defend our case,please quote any case laws