I have deducted TDS on Provisions for my utility bill on 31st Oct 17 and paid the TDS on 3rd Nov 17. Now I have received the actual bill dated 11/11/2017 from my landlord for Utility which is lesser than than Provisions made. Can I adjust the excess TDS deducted to my next month Bill and make the payment to government. Kindly advise

4A refers to Inward Supplies recd from registered supplier (other than supplies attract reverse charge)
4B refers to Inward Supplies recd from registered supplier (attracting reverse charge)
Is there no need to show purchases made from registered supplier ( who have already charged GST on their Bills)??, if yes where to show?

One of my client filed income tax return for AY 2011-12 on 07/02/2012. While filing return mentioned as male instead of female but tax computation was done according to slabs of female, as a result there is an outstanding demand which was carried forward till now. How to rectify now?? Is there any possibility to rectify now or else has to pay the amount?

I am an architect teaching at a private architecture college as a visiting faculty members. I am paid a monthly honorarium based on a fixed amount per hour taught. As my total income (including from teaching and practice) does not exceed INR 20lacs per annum, I am not registered for GST, so obviously I do not charge it to my clients or the colleges.

Since the implementation of GST, one of the colleges I teach at has been deducting 18% from my monthly payments towards GST. On inquiry, I was told that the college had to pay that amount as GST for all visiting faculty members services. As the burden seems to have been put on the faculty members, we are effectively facing a pay cut of 18%.

I would like some clarification on the following points:

1) If I do not have a GST number, is the client (in this case, the college) still liable to pay GST for my services?

2) I am being told by the accounts department that I will be getting this amount back with my IT refund, which makes no sense to me.

3) Since there is no provision for TDR under GST for transactions of the nature I have described above, under what logic is this amount being deducted?

I hope someone can shed a light on the above.

Regards.

can someone please suggest me study plan for ca final exam for nov 2019 attempt as to when to start coaching, which subject to study first which are less affected by amendments as i am thinking to go for group 1 only in my that nov attempt and any other relevant thing u can tell please from ur experience.  it will be of great help for me

Dear all,

In pharma, we need to issue the samples to various doctors and institutes.
since the amount of invoice should not be collected from them, we first raise the invoice with GST and then issue the credit note for full value.
is there any other option for invoicing of material supplied as samples?

please help

A Partnership firm engaged in the trading of Sanitary goods having Turnover Rs. 48.50 Lacs for the financial year 2016-2017.

Was the said firm liable for Tax Audit.

If yes, plz tell the way as they have not filed their ITR and Tax Audit before 7th Nov 2017.

Can they file their ITR U/S 44AD without Audit.

Firm is having Net Profit Rs. 4500/- . Partner's Remuneration Rs. 144000/- Interest on Capital Rs. 332802/- total of all is more than 8% of Turnover

Hello Foodies🍽!!! From Today onwards i.e, 15th of November Restaurant tax rates are dropped down from *18% to 5%.⬇* So,double check your bills and don't pay anything more than MRP🔖 even for water bottles,cokes etc., *Eat wisely* Thanks & Regards *Vinay Reddy* Like & follow to stay connected

I HAVE SOME DAMAGED LAPTOPS IN OUR STOCK NOW I WANT TO SALE THEIR PARTS LIKE MOTHERBOARD,RAM, HARDDISK,ETC. INDIVIDUALLY, THEN WHAT WILL BE THE TREATMENT UNDER GST?
AND ALSO WHAT WILL BE THE EFFECT ON OUR INPUT AND OUTPUT TAX LIABILITY??

i want to know that can i undertake advance itt and gmcs under advance ICITSS scheme in my 1st year of articleship as i am registered in old scheme as i am currently in my 1st year of articleship. and also after i will be surely converting to new scheme after sometime so does it will mot cause any problem