I reside in Noida in UP state. And I own a flat in a commercial building at cp in delhi. Tenant pays monthly rent in advance. They have a gst for their business. What is the penalty for late deposit of gst for July beyond 20 th August for deposit of rent received in July? I am below the threshold of ₹20 lakhs/year.

Dear Dir/ Madam,

Son and Father was proceeded to buy a land property so that they deducted tax and filed Form 26QB for each and obtained Acknowledgement number.

Sons TDS was wrongly paid by Father Account / Father PAN, mistake did by bank ,

How can i create tax payer account in trace for sons pan and generate Form 16B for sons accounts.
Is there any possibilities??????

Advance Thanks

Dear Sirs / Madam,

Can we take ITC for GST paid in the same month. If we take in this same month, this will not increase tax liability, in such case what is the benefit to the Government ? I got confused, can any one explain me.

Hello all I have some queries regarding entry for transportation charges incurred on purchase of raw material from out of state.  1. Under which situation reverse charge mechanism should be applicable to transportation charges.  2. Under which account which make payment of gst (i.e under service tax we made payment with reference to pan no of transporter) if transporter doesn't have gst registration number.  3. What should be entry for transportation charges and gst payment  Thanks in advance

Dear sir
How is the treatment for claim received from insurance company for the accident and the claim received by the daughter in the way of Fixed deposit after 18 years with interest. but Tax deducted on claim amount.
And what return file By the daughter for Claiming the TDS amuont and what income shows in the return.
total Claim amount or Interest amount .

please Reply Fast

Hi,

We have two firms one is proprietorship and another one is Pvt. Ltd. company. One of our client has made payment for the invoice of a proprietorship firm into the PVT. Ltd. company bank account. So can we now directly transfer the payment to our another firm or will have to refund and ask the client to make payment again. ?

If we can transfer directly, what will be the entry in the books of pvt. ltd. for this transaction?

Sir,
I am working in Central Govt PSU. I donot get HRA and satisfy all the condition for 80GG, But i do not pay any rent on my own but my company pays on my behalf, they calculate it as HSG Perquisites and tax that as income. So am i eligible for deduction under 80 GG.

Wanted to know whats the GST on manlift or boomlift hiring i m askin you this question cos few hirers are charging 18 pc saying reliance has accepted their invoices of 28 pc and all that crap Can u enlighten me with the tax slab

Regards
John

Can we transfer raw material from Job worker to Principal on Delivery challan without payment of duty which we received in Excise regime ??

Can an assessee claim deduction under chapter VI A of income tax (which not claimed in original ITR) after received notice u/s 143(1) (a) .

if Yes then what action required-
(a) only reply the notice by online mode with documentary evidence (query by deptt + deduction not claimed in ITR)
(b) only revise the return
(c) Both reply of notice and revise the return necessary.