Hello, I have start a recruitment agency from may 2018. I have registered gst number beacuse banks need gst no. For opening current account.but i know my total turnover will not exceed 20 lac.so tell me the gst rules for me.i have some clients, some clients pay gst and some clients pay service charge with deduct tds...and some pay only service charge.

We purchased one camera for office use
This is asset or expenses ?
If asset which type of asset?

As per the GST Rules/laws, a registered person who had opted for Composition Scheme cannot raise CGST/SGST in the bills/Invoices as he is not entitled to collect the same from the customers. In case if a retailer or trader is under composition scheme and he sells the goods as per the MRP printed in it. Then in this case, what will be the situation. as it has been said MRP is inclusive of all taxes. In other words, it can be said even if the retailer is under composition scheme yet he is collecting tax from customers by way of selling goods at MRP. Please expalin.

Sir I want to know what is the tax treatment of divorce alimony received from spouse. If it is by mutual consent divorce procedure and a lady gets rs. 10,00,000 for one time maintenance for life support. If it is capital receipt than where we show in itr 2. So she get tax exemption. And enjoy the Hassel free tax benefits. Please answer me.

Dear Sir

Please suggest me that if i wrongly entered a vendor Tin No. at the time of Downloading C Form. What is the process for Correcting the Tin No. and how much time will take for rectify the problem.

My uncle he is a pensioner and he is working in NHAI as PRO. The NHAI deducted tds under 194J fot the financial year 2017-18. He wants to file IT return. NHAI Total receipts as per 26AS is Rs.453484/- and TDS is Rs.45351/-.
Can he file his return under 44ADA? Please Suggest me to help him.

Respected Sir/ Madam,

My client is registered under GST act under regular scheme. His retail business turnover is declared under the GST return. He also owns a truck which is used for transportation of goods, for which he receives the consideration. Whether the consideration received is taxable or Exempt under GST

A partnership firm formed for the construction of residential quarters( not intended for sale) and to let out for Rent after completion. Is liable to take GST registration ?
Have any diffrence, in case of gst, is this building is a single one(apartment style)? or single , single quarters ?
Thanks in advance for a quick reply....

Hello Sir,
I have invested in September 2014 – Mutual Fund – Axis Hybrid Fund – Series 15 (1275 Days) Rs.1,30,000/- & on redemption received Rs.161,000/- in Mar-18.
Please confirm whether this LTCG of Rs. 31000/- is taxable or not. If yes @ what rate ?
According to the finance minister in his Budget 2018-19, has proposed to tax long term capitals gains of over Rs 1 lakh at 10% without indexation benefit.

Regards,

Aditi Sharma

I PAID PREMIUM OF RS 40000/- PER YEAR FOR FIVE YEARS TOTAL AMOUNTING RS 200000/- (SUM ASSURED WAS RS 2 LACS) I GOT MATURITY RS 247500/-. WHAT WILL BE TAXABLE AMOUNT 47500/- OR 247500/- PLEASE CLEAR.THANKS
DINESH CHOUDHARY