Dear Sir,

In this is in regards to doubt in GSTR- 2 My doubt is if we purchase 0% GST Product form Register dealers then where we have to enter that data in GSTR-2 ?
Whether in
1. File No. 3rd ( B2B file ) (This is because in File No 3rd there is as option for 0% product )
OR
2. Nil Rated File i.e File no: 7th.

Hi Friends I have a below query request you provide the clarification please at the earliest as possible. Employee as claimed the medical reimbursement in the company for 20000. However, the exempt is upto 15000 only. Payroll team come to known that employee has been claimed excess of 5000 rs. Payroll team deducted 5000 rs. from employee earnings in the subsequent month of payroll. Here the question is FBP/ Medical reimbursement is made offline cycle. However the deduction has been done in the payslip. 50000 plus were working in the company. appx. 35 % employees has done the same. Please tell whether it has a income tax impact..

Read more at: https://www.caclubindia.com/forum/medical-reimbursement-excess-paid-and-recovered-432761.asp

I invested one of well known private company of ₹4000000 (40L). I got profit of 40L. Company is following RBI guidelines and Paying GST and other taxes. Do I need to pay tax of profit/return for 40L which I got Credited in bank account. Please suggest and inform what should I do needful

I have availed a housing loan for construction of ground floor in year 2000. Now I have taken an additional loan for extension of the above property ( construction of 1st floor) Purpose of loan given by Bank is extension of house. In this case whether the interest paid on loan for extension of house will be counted in the prescribed ceiling of Rs2 lakh p.a or Rs 30000/ p.a under section 24. Extension is nothing but in actual it is a construction

i am a small caterer turnover below under 30 lakh only do food catering not providing any services like tent, lighting, Decoration etc can i take compunding scheme under GST reply me soon as possible and acknowledge.

Regrds
SYED AHMAD WARSI
Advocate

i am in GSTR 2 of july month some invoice adding in painding can i this painding invoice give in my August GSTR 2 ... pls say me

I also got a notice with Error code 181 , though I filled ITR3 as follows under Profit and loss account srno 53(ii) for profession (medical) for No account case under presumptive scheme under section 44ADA:

Gross receipts say = Rs450000/
Gross profi t 298000
Expenses = 10000
Net profit = 288000/- more than 50% of gross receipt
In Sch BP - Deducted 288000/- in col .4 and then added the same in col.35(ii) under section 44ADA

Also shown income from house property and capital gains.
Now need suggestion as to how to rectify the defective return.

Dear Sir,
I have a query regarding GST payable clarification for the month of July'2017. I have successfully submitted & Filed GSTR-3B for July'2017 month, when I filed GSTR-3B my Input credit was excess and all liabilities was adjusted with Input credits. There was some invoices are missed to be recorded for july month and Liability arises for CGST, SGST & IGST. I have filed GSTR-1 & About to File GSTR-2. Can you please explain me, Is there any interest to be pay with tax liabilities, If yes how to calculate interest. Please explain with imaginary figures.

Thanks & Regards

A private limited company has filed DIR12 regularising an additional director at the agm held in June 2017. The same has been approved by ROC but MCA site still shows him as additional director and director also. how to remove additional director status on mca site.

Members may give their advice.

thanks
k m kumar
chartered accountant

Dear Expert
Pl let me know any possibility of filling GSTR 1 for the mont of July 2017 3B has already been filled. GSTR 2 date I understand it is 30.11.2017