Repair work Our office have start renovation work like Making furniture, Meeting Room, Staff Bathroom, interior decoration, Painting works etc. We purchase the materials like Paint, Plywood, Cement, Glass, Favicol and other builder materials. We appointed a local contractor to execute the work. Now the question is 1. Have we get any Input from our purchase like paint plywood, cement glass, favicol and other builder materials etc.? 2. The contractor (Register in GST) submitted the bill. Should I get ITC in his bill? 3. If the contractor is UR then what is the GST Rule. Sir Pl reply the question

father has sold residential house property and long term capital gain arising on sale of such property can be claimed as exemption by purchasing another residential house property by son under section 54 ????

long term capital gain on transfer of any long term capital asset (property is registered in the name of father) can be claimed as exemption under section 54F by son for purchase of new residential house????

What is the tax liability in case of advance received for the purpose of export sale?

Dear expert,
I know that HSN codes are given in chapter 1 to 98, but can you please tell that where these Chapters(1 to 98) are reffered to ?.

can i file ITR for A.Y. 17-18,Have any chance to extend time for ITR 2017-18 A.Y. by CBDT

Received an advance of Rs 10 lakh during April through RTGS for sale of my house at a considered price of Rs 40 lakh. However, due to prolonged delay by the buyer and ill-drafted sale deed I decided to return the advanced money received. It was in my savings bank for three months. My query is whether I have any tax liability for the assessment year 2019-20 and how?

What is Spoke Audit? Please give me a reply as far as possible.Its very urgent.

Mr.X owns 3 floor building. in this buidling, 2 floors are used for couching class in the name of Mr.X and third floor is used for couching class of Mrs.X (wife).

Now Mr. X is registered under GST and discharge his liability but Mrs. X aggregate turnover not cross threshold limit hence not registered under GST.

now my question is that whether Mrs.X also liable to registered under GST as services provided from same place of business ?

Dear Experts,
as supplier we have paid the freight Rs. 2300/- on the behalf of our buyer. However we have not charge this freight amount in invoice but buyer would reimburse this freight amount to us. Pls clarify in this scenario who will pay 5% GST under RCM and who will claim ITC thereof?

Thanks
Mukul Gupta

Hi,

I have a small doubt, I am proprietor and i have two current accounts and i have accounted the same in tally along with those i have savings bank account where i am doing personal transaction there. My question is do i have to account personal account transaction also since i am a proprietor ? Please help me out....!