Dear Expert,

we have paid the audit to our CA till 31st march 2017, he has charged the same with GST to us, will our firm be eligible to claim the input for the gst paid to the CA for the audit fees.

Thanks in advance.

Regards
Mohith

Dear Expert,

We have purchased a property in 1991 for Rs. 29000/- and the same is registered in a individual tax payer name having 3 other properties on her name, and sold the same in the month of March 2018 for Rs. 2000000/-, i would like to know what will be our tax implication, how much do we need to pay tax on it, if we invest this entire amount in a new property within a period of time limit will we get an benefit, if so how time period do we need to invest that money.

Thanks in advance

Regards
Mohith

In salary I have deducted tds of a employee and return filed for the 1st quarter. In 4 th qurter TDS is done by other employer. Is it necessary to send his salary details in 4th quarter return which is paid by me in 1st quarter. and for the 1 st quarter can i generate Form 16 without filing salary details in 4th quarter return.

Dear
Can we take any service or expenses which we have received or buy inputs

I'm in a CA Firm and when we go for audits we reside in hotels for which we take reimbursement from client. I want to inquire that, do i need to charge gst on the amount of reimbursement.
Please consider it urgently

Dear Experts,

Have a good day.

we are manufacturing & Export base company in India. we Export our Goods to other country and buyer want to arrange the payment by Credit Card. is this possible.

We know that, if payment comes by Credit card, so purpose of payment in not mention and also this transaction payment advise is not generated by bank. but when we will submit the document that time we will mention the transaction number on lodgement document. so that bank can identify that, agenst this export payment is receive.

we have talk with our bank manager but not receive any satisfactory answer from his side.

Please inform us the best way, so we will follow that.

Waiting for your positive and early reply.

Regards,
Samir Belim

Can I make one consolidated gift deed for gift by cheque to both my mother and father in one single gift deed. Or I have to make two separate gift deeds?

IS THERE ANY LATE FEES APPLICABLE FOR NOT FILING GSRT 1 .....One assesses has file properly GSTR 3B ON TIMILY BASIS BUT UNABLE TO FILE GSRT 1 FROM AUGUST TILL TODAY...HIS TURNOVER IS LESS THAN 1.50 CORES.
KINDLY ADVICE

My Form 26 AS is showing the net amount paid to me by a particular entity and not the gross amount. This means that Amount paid / credit is showing the amount net of TDS deducted. Please confirm if it is okay? and if not what is to be done?

XYZ, a goods manufacturer and suplier company has made an agreement with a distributor to provide turnover discount (post-sales) if distributor achieves quarterly targets as mutually decided by both. Thereafter, Credit note is issued by suplier for this turnover discount.


My question is that do distributor needs to pay any gst on such credit note issued against turnover and if not, do they need to be mentioned in GST returns?