gstr 3b requires export igst sales to be mentioned in column 3.1(b), however we have wrongly entered export sale in column 3.1(a), which does not allow procsssing export igst refund due to an inbuilt checklist in gst system, even when the tax is paid.

is there any solution to this ??

cbic has issued a circular dt. 45/2018 regarding the same by granting relief for exporting services to sez in the same sitiation., is their similar relief for people exporting outside india

I am a working widow and my husband was working in para military force. He died in 2006 on duty. Last year i.e. in A.Y. 2017-18 I got 11 lakhs as arrears in my family pension in February 2017. I'd filed income tax showing the pension+arrears as income from other sources. I'd paid around 5 lakhs as tax.The Itr was processed also.
Later I got to know that the arrears received in family pension is not taxable.Is it true? Can I file the revised itr before 31 August 2018. I'd filed the itr last year on 4 August 2017.
Will my extra tax paid be refunded?

Can anyone please provide me objects of Memorandum of Association for apparels company:

1. The objects to be pursued by the company on its incorporation
2. Matters which are necessary for furtherance of the objects specified in above clause


Thank you
Thank you
Thank you

Dear Sir,
One of my friends is running a Real Estate Outfit which works for commission by bringing purchaser & seller and gets a commission on sale of land, building, residential houses, flats etc. and also get commission for bringing Landlord & Tenant and gets commission.
My query is:WHETHER THE ABOVE PERSON CAN DECLARE HIS INCOME UNDER SECTION 44AD OF THE INCOME TAX ACT?
Thanks

As we know GST is exempt on electricity.
But one of our landlord charging GST on reimbursement of electricity citing the reason that he is not electricity supplier but just paying on behalf of ours.
Please provide inputs

Please refer circular 52/26/2018 GST dated 09.08.2018 issued by Government of India, ministry of revenue and point no 12 - applicable GST rate for bus body building activity.

It says if bus body builders purchase chassis and manufacture bus body and sell as Fully built bus , then it is termed as sale of motor buses and GST rate is to be charged 28%

It further says that if chassis is supplied by principal and body builders charges the fabrication charges ( including certain material consumed in the process of job work) , then it is viewed as job work and GST 18% is to be charged.

Our query : If bus body builders purchases all the material required for bus body on their own and claim amount fro m the customer for both material and labour , what is the GST rate to be charged 18% or 28%.

We are asking this question because the term fabrication charges normally only labour charges and the term certain materials may mean consumables used in job work.

Since big confusion is in the industry regarding this, request expert opinion early.

Respected Sir/Mam

One Resident Welfare Association which is registered as society but having PAN as "Trust" receive membership fees from its residents and used the same for the development and maintenance of the society. The said society/Trust is not Registered u/s 12A/12AA/80G.
In the F.Y. 2017-18, It had surplus of Rs. 300,000/- which it will use the same in future years.
My Query is:- 1. Whether the above said surplus will be taxable to keep in view principal of mutuality?
2. Which ITR it fill for A.Y. 2018-19?
3. How it shows its Income-Expenditure a/c in that form if the same is not taxable?

Please give reply with help of relevant section/portion of Income Tax return forms.

Dear Sir,

How to show the total investment in Balance Sheet for AY 2018-19.
Total Investment is 2.35 Crore as on 31.3.2018.
Opening balance of Investment is 1.95 Crore. (MF & Equity Share)
During the year purchase & sold transaction net of amount 40 Lacs.
How to show current investment & non Current investment in balance sheet of Pvt Ltd Company.

Current Investment means transaction during year.
Non-Current Investment means no transaction during year or op balance of investment (No Movement in Investment).

Please advise the same in above matter.

Thanks & Regards

NK

The net total income is more than 10lakh including agricultural income of Rs. 560000. Because of the agricultural income, the other taxable income is taxed at higher slabs. Can expenses incurred to earn exempt agricultural income, such as salary, be deducted from agricultural income to reduce it and lower the tax liability ?

CAN ANYONE SEND ME PROJECT REPORTS IN EXCEL FORMAT FOR (PMEGP) SCHEME
PROJECTS :- TENT HOUSE & DAIRY PRODUCTS