Amount is paid by XYZ Pvt. Ltd. directly to the vendors in relation to new Residential Flat owned by the Director of XYZ Pvt. Ltd. The director is a wholetime director. This amount is initially paid by XYZ to the vendors and then is adjusted against the loan earlier given by the director to XYZ. If no amount is shown as outstanding to be paid to director against loan given by director, the amount paid to vendors by XYZ is shown as loan given to director in the books of accounts. Is XYZ liable to pay GST on the amount paid to vendors since it will be treated as service given to related person?

A housing loan was taken by me in the joint names of myself and my wife. Total Interest on the same during FY 2018-19 was paid Rs. 2.00 lac. Whether deduction of interest may be claimed by me and my wife both ? If yes, how much by each ?

Dear Sir,

I have filed the GSTR-3 for the month of March, & April 2019. But now we have found that 3 Purchase bill petering to FY 2018-18 (one is pending for Sep,2nd for Jan, 3rd for March) Please suggest what to do for above invocies. also suggest in which month i make the entry in Tally. we are using tally package.

Thank you

Dear all Good Morning

Please confirm that if we sale old car and their wdv is Rs. 10,000/- and sale value Rs.20,000/-

how to calculate gst if

condition 1. Old car sale Value Rs.20,000/- @ 28% GST rate
Condtion 2. Old Car WDV Rs.10,000/- (- ) Old Car Sale Value Rs.20,000/- (=) Diffrence Rs. 10,000/- @ 28% GST rate

I am renting my residential property to a person running P.G for a monthly rent of RS.500000/. My question is should I charge GST .I am registered under GST for my business.kindly give your valuable reply.thanks in advance.

sir

while making income tax filing i have not taken exemptions correctly for this reason i have taken TDS amount Short (VRS Scheme) FY 2017-18.
So kindly advice can i revise the returns now for remaining TDS refund.

Thanks in Advance

Hi Everybode
Mr A an Individual Gifted to his HUF Rs.500000/-(Through Chq and under Gift Deed) and HUF Invested the same in the FD and Generated Income of Rs.50000/- So My Q is
Whether the said InCome is taxable in the hands of HUF or the said Income of Rs.50000 is clubeed in the hands of Individual U/s 64.?
Q 2
Wile making gift to HUF whether each time the Gift Deed is to be made or just making the gift through Cheque will suffiCe.?

If i forgot to write total supplement number on my main answer book, will the supplement be valid?

Hey Experts,

Kindly let me know, if a CA in practice can issue property valuation report(valuation on immovable property ie., land and building). Also give references if any one aware of it.

A person registered composite scheme gst trading for jewellery business.
A person another income majuries collections and income from interests(money lending business).received
My question majuries collections and interests income gst applicable or not.