sudarshan reddy kasa: In tran 1 5b point should i need to fill all the c forms for the 1.4.2015 to 30.06.2017 Even though iam not having any pending c forms to submit to seller for claiming excess credit

Hi Team,

I have a question.

Suppose we have an office situated in a building where we are paying INR 1,25 lakh p.m i.e.INR 15 lakh P.A.In the same building there are other several offices for which the owner get approx 4 times INR 1.25 lakh per month=INR 60lakh p.a.

Previously the owner didn't tell us about charging GST. Now he is saying to give 18% of GST over 1.25lakh i.e.1.47lakh.

Now the question is as per the rule 18% gst levied if the rental income is more than INR 20lakh.Its ok as per owners side.However how can we claim the refund for the same after the end of FY.

Please share your valuable suggestions.

Thanks,
Arup Patnaik

when credit of gst paid under reverse charge can be utilized?

Foreign service income is applicable to G S T

Dear Sir,
An Assesse who is a salaried individual has received notice for prima facia adjustment u/s. 143(1)(a) from IT Deptt. He has show deduction u/s. 80C i.e. PPF for Rs. 100000.00 and LICI Premium for Rs. 50000.00. The LICI Premium was not shown in Form 16 and it was disallowed by Deptt. My query is whether he has respond for Rs. 50000.00 of LICI Premium which was disallowed and upload the LICI Receipt or he has respond for PPF also of Rs. 100000.00 and upload the PPF receipt also.

Please answer as the last date to respond is 26.08.2017.

Thanks,
Abhishek.

Hello Expert,

As captioned 84 marks in SFM that too after many attempts (now qualified to be a member of ICAI).
what does it mean?
what can be the best way to leverage this point while wanting to be a versatile professional.

Thanks
Sandeep Kumawat

Dear sir
Please note some of our registered vendor raising us invoice inclusing gst amount..so whether gst on reverse charge applicable or not?

Please note both are registered and gst amount not mentioned in bill and gst no updated in bill.

Thanks
Birender

Being individual and also as a firm we have filed GSTR3B IN TIME My qtn is whether as an individual and partnership firm we have to file trans 1 under GST since we do not have carried forward balances under Vat as well as Excise/services tax and also we don't have inputs also Pl suggest whether we have file transc1

hi sir, iam doing battery business, when i sold the batteries to the customer ,the bill amount is deducted after old battery from customer, plz tell me the accounting entry for entire transaction.

I have received notice under section 143(1) a for discrepancies between return filed and Form 16. which is due to investment made under ICICI Prudential Tax Saving MF & LIC premium payment which i made on 30th March and hence the same wasnt included in Form 16.. Now while replying online the website is also asking for TAN of deductor which i am unable to get as TDS wasnt deducted as its an investment and premium payment .iWhat should I do to justify the deduction as i have all the documents but no TAN