Dear Experts,

The scenario:
We have private limited company which has been incorporated in September 2016, but there is no sale of service or goods in the FY 2016-17, but it paid the rent for its register office and Audit fee provision for the year has been charged in P&L.

My Question:
whether those expense can be charged in P&L while there is no revenue generation in the year?

A partnership firm having 3 partners with annual turnover of 45 lac is planning to dissolve and all the 3 partners will carry on business in their individual names and in that case turnover of each partner will be less than 20 lac.Will they get the benefit of 20 lac exemption limit each under GST?

Dear sirs

Very Good Morning and have Good Days, My Name is prashant Taribagal, i am working as a accountant in small scale industries, I have purchase flat @ neral @ 816500/= ( Agreement Value ), My Agreement and registration Done Last Year i.e. July 2016.. And I have paid Cheque/Cash to Builder 690000/= before june 2017. according to their demand

Yesterday Builder send Tax Invoice of Rs.816500/= + 12% GST.

I have not taken Bank Loan, I have taken personal loan from my family members,
Now builder is charges GST on fully agreement value only, Its applicable ?


Please advice me

Thanks & Regards
Prashant Taribagal

Hi,
I have registeres under direct entry scheme. And. Join articleship on 14-8-2017.
Now I want to cancle the registration.

Registered person not uploaded gstr 1 but i have taken input in gstr 3b. whether i can upload vide add missing invoices

I forgot to claim ITC in my August GSTR3B. Now my tax liability has increased. How to do rectification? If i pay the liability now and claim my credit in GSTR2 will I get my refund?

Whether due date of 44AB Audit Report filing extended from 31.10..2017

A owns a house which is self occupied. He has another house jointly owned with his wife (50% share each). The house is unoccupied and not given on rent.
This house is shown in his wife's return as self occupied as there is no other property in her name.
How A will show the second house in his return - as deemed let out ( 50% of deemed rental value)? Or he need not show the house in his return, deeming it to be fully (100%) beneficially owned by his wife, who also has independent income?

A Manufacturer has claimed additional depreciation in the last year and he has again purchased new machineries for expanding his business can he claim additional depreciation on the new machineries purchased during the current year..

Hello sir
I am ca final student appearing in nov17 exam.Can I use of highlighter on "question paper " too highlight related text.
Thanks