Situation: trader wasn't liable to take registration under earlier laws and does not posses any taxable invoice towards stock in hand as on 30.6.17.Q.1.can he avail credit of 40 of cgst on its output liability Q.2. Gst payment and 3B return for July month be made after taking into consideration the trans provisions?

GTA registered under GST Regime, Registered IGST @ 5% - Purchase of goods - Inter-state as for example- From Supplier of Gujarat to Buyer of Kolkata. Goods supplied via road transport on July 2017. Freight Charges + GST, Suppose: 10000 + GST @ 5% 500 = 10,500. Receiver of goods at Kolkata paid Rs. 10,500/- to transporter. Question:1) Receiver of goods who had already paid GST can avail Input Tax Credit or not? 2) If yes, then Either IGST or CGST, SGST? 3) If No, then Reverse charge on Freight will be applicable to the receiver of goods or not? - As receiver of goods of kolkata has already paid GST. Please suggest.

I got 4000 Preferential shares of cairn India which is now merged with Vedanta. i got allotment few days bak. if I sell them now do I need to pay short term capital gain or this sell is exempted ? Please advise

Dear sir
Please advise whether tds applicable on telephone expenses or not??

Thanks
Virender

I want to Know if Partnership firm have business loss from previous year and F.Y. 2016-17 have income which more than presumption income u/s 44ad then they can set off the previous loss against current income...??

Assessee is having 4 residential house and shown income from house property for all the property. In this year he is selling 2 house and retain 2 house. LTCG on sale of these two house is utilised for purchase of another 1 house in the same year. Is this LTCG eligible for exe u/s 54

while submitting company itr covered u/s44AB ca M No and firm registration no should be entered in return. when we are filling both the field and tried to file online, errors message displays incorrect firm registration no. but it was written ok. is there any specific field of certain digits , kindly see and tell me so that necessary correction can be made

since the TDS arrived at is divided by 12 and the resultant figure is deducted monthly from salary of employee, but if the employee takes leave in any month, will the TDS figure change. if so how is this calculated. please anyone reply asap. Thank so much

I file my income tax filing for the year 2015-16 in March 2017. Due to incorrect form choosing. Returns have been invalid from not giving an answer to Section 139 (9) notice from Income Tax Department. Please suggest me what to do now.

Dear Experts,

We are buying property from 3 sellers , out of those 2 are NRI & one resident.My query is i should deduct 20.6% by taking TAN no. for both NRI's and for resident @1% by filling 26QB.

Is it right .can both NRI sellers get the certificate from ITO by computing capital gains and asking me to deduct at lower rate of tax. What document i need from them to deduct lower tds ??

Thanks in Advance