Dear Respected Member,
First wish you all a very happy Diwali. And Request to guide me on Section 194J.

Question:- A professional Has raised two Invoices for Rs. 20,000/-, Another for RS 8,000/- as raised invoice amount is Rs 28,000/- i.e. below Rs 30,000/- Therefore TDS Not Deducted thereon. Now third Invoices raised For RS 12,000/-. Please guide on which amount TDS @ 10% to be deducted. As Per Section 194J Is it correct to deduct TDS on last invoice amount Rs 10,000/-. As amount exceeding the limits.

Dear Experts

My query is when a private limited company on liquidation distributes money to shareholder what is the capital gain applicability to shareholders and company. Whether sec 46(1) will apply to private company ?

A notice dated 19.07.2017 for Ay 2016-17 u/s 143(2) was got through e-Filing portal account for Limited Scrutiny (Computer Aided Scrutiny Selection), that was duly replied within time got through e-Filing portal account
A another notice dated 20.07.2018 under section 142 (1) was got through e-Filing portal account as well as by Regd Post for Ay 2016-17 the said was replied through e-Filing portal account on 30.07.2018 with all required documents photocopies.
Thereafter another letter dated 04.08.2018 under section 142 (1) wat got stating that after going through the same, it is noticed that full/complete details and documents have not been filed. So complete details with required evidences to by sent by 08.08.2018.
Again complete details, point wise were sent not only through e-Filing portal account, but on email also that was written on notice itself on 06.08.2018.
Now on 27.10.2018 i.e. Saturday at about 4 p.m., a telephonic call from IT Dep came that your efiling proceeding was complete on 04.08.2018. Some pages sent by you were whites, and your file was selected for manual hearing, so Authorised person from you, should be sent on 29.10.2018 to Dept.
Now 1. what should be done by assessee, should go or not ,
2. whether this type from efiling to manually can be changed and manually starts by telephonic call.
Waiting for your guidance,

I MIGRATED FROM VAT REGISTRATION TO GST PORTAL, BUT I MISSED TO FILE SOME FORM CALLED TRANS..PLEASE HELP ME IN THIS REGARDS, WHAT SHOULD I DO TO CLAIM MY OLD STOCK FROM VAT TO GST..PLEASE HELP...
IS THERE ANY DUE DATE FOR THIS FORM OR IT IS IN PROCESS

If services provided by SEZ unit to foreign company It is covered under export of services??? .ie.- Warehouse charges, shipping line charges, transportation, Packing charges, CFS charges ,any other SEZ services

Dear Sir,

I am a 40 year old salaried employee under the 30% tax slab. My father had originally purchased a land which he transferred to me vide a settlement deed. I have subsequently availed a housing loan & constructed a house in the land in 2007. With the loan being repaid in full, I have now decided to sell the property (Approx Sale value Rs. 50 lakhs)

As the land was purchased by my father from his own funds, he wants to give 50% share of the sale proceeds to my sister who is married. Please let me know on the following:

1. Can I transfer / gift Rs. 25.00 lakhs through Banking channel to my sister. Are there any restrictions on upper limit for gifting in a FY? What will be tax issues arising to me / to my sister on the transfer?

2. Will clubbing provisions arise for the above transfer as she is my blood relative.

3. I also intend to transfer a portion of the funds to my parents to avail higher interest in FD's (being super senior citizens) and also to take advantage of the income tax slabs applicable to them.

Please advice on the taxation issues especially w.r.t clubbing provisions under the above scenario.

Regards.

ABC Ltd, acting as travel agent, buys hotel rooms from various hotels and sells it to other registered agents located in other states. ABC Ltd will claim CGST and SGST charged by hotels. When ABC Ltd sells hotel rooms to other inter-state agents, whether it should charge CGST+SGST OR IGST? Where will be the place of supply in this case?

Self Assessment Tax not considered while processing ITR.

While processing my ITR, they didn't take into account my claim of payment of self assessment tax and have sent intimation under section 143(1) to pay that amount plus interest whereas I am supposed to get a refund! My self assessment tax is appearing in form 26AS as well.

I tried to do Rectification logging in to the site but there it is showing my processed data is not available for the AY when my ITR status is showing it is processed!

I filed a e-grievance. Do I need to do anything more? Please advise.

SIRS
WE WISH TO INFORM YOU THAT, BY MISTAKE THE OUTWARD SUPPLY MENTIONED IN GSTR-3B AS Rs.6,68,81,162.00 INSTEAD OF Rs.66,81,162/- . BUT MENTIONED IN GSTR-1 AS Rs.66,81,162/- CORRECT TURNOVER. PLEASE LET ME KNOW HOW TO RECTIFY IN THE ERROR.

PLEASE CONSIDER AND GIVE SUGGESTIONS.

REGARDS
S. RAVICHANDRAN
9566793688

If assesee is following Exclusive method for sales & Puchases

Examples :
net sales is 10 (shown in sales), Rs 2 (GST on sales) shown in duties & Taxes
net Purcahse is 9 (shown in purachses, GST credit on it of Rs 1.5 shown in Duties & Taxes

so net payable is 0.5 not paid till Tax Audit date

will Rs 0.5 disallow U/s 43B ??