Mr. A has purchased open plot of land in the year jan 14 for Rs 3400000/- lakhs expended legal (stamp duty) Rs 3800000 in march 2017 & sold plot on 20/04/17 for Rs 29000000/-

Now he is going to invest Rs 48 lakhs in capital gain bond(u/s 54 EC)

balance of Rs 17500000/- he is going to puchase other than house proprierty, period for investment is til 31 st july 2018
Is correct? what is period of investment ? pl guide

i had obtain regn on 20 sept and applied for it on 15 sept , a supplier had supplied goods on 17 september and billed it on 11.09.2017 on my gst no. can i claim itc on it?

As per section 44AD of the Income Tax Act, 1961, assesse must declare profit @ 8% of turnover and all the expenses including depreciation shall be deemed to have been allowed as deduction. With effect from AY 2017-18, deduction of interest on partners' capital and remuneration to working partner will also be not allowed. Now the question is such non allowability of deduction of interest on partners' capital and remuneration to working partner is applicable only when the income is declared u/s. 44AD or also in cases where books of accounts are maintained by the firm.

Whether due date extended for GSTR 4

dear all,

we had purcahse (Import) one machinery in 2012 paid CVD & Also credit of CVD Taken in Excise books.

Now we are sell the same machine (Export) to third party

please example how we will make invoice and what we charged GST or Excise
please explain.


kaialsh

Dear Sir,
An Assessee who has has stayed for 120 days in India and rest of 240 days he has stayed outside India in F.Y. 2016-17. He has worked in a Private Limited Company for 120 days in India and he has earned salary from that Company. Whether the salary he earned from the India company will be exempted from tax liability as he has stayed for less than 182 days in India and he should be treated as Non Resident as per Income Tax. Please suggest what he should do, whether he has to pay tax in India or not.

Thanks,
Abhishek.

In case a director is disqualified due to non compliance then what status he enjoy at that time, can he sign resolution ??

Dear Sir, meri july month ki GSTR1 ki return abhi tak nhi gai hai ..... last date 10.10.2017 thi ... abhi error aa rha hai :- ( Error! GSTR-1 Save/Action on Counterparty Invoices/Submit are not allowed for current date, Please visit https://www.gst.gov.in for details on GSTR-1 timelines.) .. please advise me what should i do now.

Hi,

we have taken some amount from proprietor , what will entry be in tally, please let me know with under group. we have got a entry unsecured loan in balance sheet ,
for example : raheem is proprietor in a firm and we taken from him 200000.00 rupees, please support me in entry in tally

awaiting for reply

Mohd nasruddin

While filing Original Tran-1 in August one trader could not avail full credit of VAT credit as shown in his last VAT return as in respect of some CST sales C forms were pending.
Now if he gets such pending c forms and wants to get full vat credit by revising TRAN-1 will he be allowed for the same??
Kindly guide sir.