Sir/Mam,

GSTR1 April 2018 Turnover to enter ie April 2017 to June 2017 for 3 months, py turnover means 01-04-2017 to 31-03-2018, it is correct or not

today i had studied GST Audit above 2 crores by CA or CMA , what is the last date of this audit what is the procedure please kindly explain

Please clarify this doubts

Sir,
If a public Ltd Company paid Rs.1,70,000/- for Stitching charges for Employees' uniform to an unregistered person, will it be liable for GST on reverse charge mechanism?

Sir,
the assessee is partner of partnership firm. 1. For assessment year 2018-19, which form itr 2 or itr 3 is to be filed.

2. The firm income tax is not filed still now, but provisional is prepared. As the urgent matter, shall the assessee file the income tax returns before the company's income tax returns as per provisional ?

If Limited company is making payment towards mobile bill, telephone bill, internet bill to another limited company like vodafone, jio etc then company making payment required to deduct TDS u/s 194J or 194C??

As per my understanding 194J will not applicable. whether 194C will be applicable?

A is sole owner of a house in which she resides. She has another house in which she is joint owner with her husband (50% each). This house is not let out and is vacant, used occasionally by the family on week ends or so.
How should A show the jointly owned house in her tax return -- as deemed let out with 50% share?
Can the husband treat the house in which he is joint owner as 'self occupied' in his tax return? Or he also has to show it as deemed let out, in line with declaration in his wife's return?

Read more at: https://www.caclubindia.com/experts/ask_query.asp

Sir, Please guide about bellow mention query
in April Month i supplied to register person taxable value Rs. 108000 + 1411 to unregistered person. my total sale in April-2018 worth Rs. 109411.00. In April month i received Rs. 43204.50 as a return goods. now when i m file my April month 3B return in table 3.1 which amount i submit as a outward supplied first one is Rs. 109411.00 & second one is net value after less return good (109411-43204.50)66206.50 please reply me as early as possible.
Which amount is right

*type above - meant real estate:)

Hi, I was planning to guy 1st home (apartment) from a builder / construction company. During ST regime the tax applicable on the price was quoted at 4.5% and now on the same amout it is being used and 12% GST getting added to that - which has substantially increased the price - not to mention the increment in the per sqt rates by the builder.
Builer refuses to give any ITC on GST saying there is confusion and noone is clear - hence this is the amount that is being charged to all. (pl note: The said apartment is under construction). Question is that if this is a fair assumption today in the market that there is no ITC that will be passed on to the buyer and a buyer has to pay complete 12% GST on purchase of a flat. The incremental cost different between 4.5% and 12% is becoming huge - hence nowhere resulting in the benefit to ens consumer (buyer). Please guide.

I submitted ITR 2 showing incomes including capital gains from investments in equity shares/ MF units after deducting loss incurred on F&O trade therefrom for the Asstt. Year 2017-18 and got an intimation under Section 143(1).

Later on I realised that profit/loss from F&O trade need to be shown as income from business and I revised and submitted ITR 3 showing loss of about Rs.1.24 lacs under the Head 'Income from Business' resulting into refund of income tax due to appropriation of loss against income under other heads.
Being there was no business and was not maintaining any accounts I did not fill in any details in Profit & Loss Account and Balance Sheet in the Return form while submitting online.
Now I have been served notice under Section 139(9) for rectifying the return that has been treated as defective.
Summing up all negative and positive figures of net results of all transactions it comes to around less than 2 lacs.

I seek guidance as to the following points:

1. What will be gross turnover needed to be be filled in the profit and loss account. Will it be total sum of net results or sum total of full value of all transactions that took place.

2. Do I need to maintain accounts and get them audited under Section 44 AB.

3. As no audit has taken place, what will be the impact and how the income tax authorities will treat this. Will there be any further scrutiny and implications.

4. What further action be there in case I do not respond to the notice at all and not rectify the revised return submitted by me though intimation has already been received for the original return in Form ITR 2.

Kindly guide.

My client is a private limited company, it has registered GST number, however the turnover last year did not cross Rs.20 lacs, so they did not raise bills with GST. Are they required to raise bills with GST and deposit GST.

Dear Sir

We had paid salary to an employee Rs 1.00 lakh p.m after deducting TDS (tds deducted on estimated yearly salary Rs 12.00 lakh )

P.M. SALARY PAID

Salary 100000.00

P tax -200.00

Tds -14745.00

Net pay: 85055.00

After paying apr +may+june (85055x3) said employee left the company

Now while we generating TDS return on gross PAID salary RS 3.00 lakh how we show tds total 14745x3 = 44235.00 IN Q4 SALARY DETAILS (FORM24)

PLEASE HELP