Hi,

I have noticed outstanding demand amount in my dad's IT account in the IT website for the AY 2003-04,2004-05,2006-07,2007-08.2008-09.
The problem is we never received any notice from the department to the registered address.It There is no way that we could have missed the notices sent to the address for all the years. And we have also paid taxes during those years. I was alarmed when I saw the notice in the website.
1)Pls guide me as to what am i supposed to do. I do not have the calculation sheet of the department since we never received the notice.
2) Does the outstanding demand include the tax amount already paid or the entire outstanding amount is payable??

Sir,

A man is doing wholesale business for last one year i.e april 2016 but does not have any vat or service tax number.now in gst there have to fill commencement of business date and libiality to register .So i am confuse which date to show april 2016 or can show recent one.Plz guide

what if i have not linked pan card with my saving account

if i have not provided my gst no to my service provider can i take a input for the gst( i am a registered dealer) eg. we have purchased food from a abc hotel as a staff welfare i not provided my gstin in this case can i claim input tax...he ll be not my regular supplier

Dear Sir/madam,

I have sold my flat in jul17 for 52 lakh, the total cost of the flat was 39 lakh, i got the possession an year back, however i booked the flat in 2010 and its was delayed at builder end and finally i got it in 2017, please let me know how the tax is calculated for it, will it fall under short term capital gain, but in that case will cost of acquisition apply as per my payments year on year from 2010 to 2017, so though i paid 39 lakh the cost of acquisition will be much higher.
How are what are my options to invest if i want to save tax.

Thanks

Dear Sir/Madam,

I need your assistance in finalizing Value of Supply of service Liable to levy GST

Mr. X is an Independent Insurance Surveyor and Loss assessorhold COP in ISSLA ( (Promoted by IRDA) .
He is getting professional fees for preparing assessment report in claims settlement .

SAC- Insurance auxiliary .

Under service tax regime he was charging ST on the Fees and Reimbursement both together.
Following items are usually showed in Fees bill ( Illustrative purpose only)

1. Professional Fees (calculated as per the slab rate given by concern authority on Estimated/Assessed Loss against each policy)

Re-Imbursements:

2. Local Conveyance
3. Digital Photo Charges
4. CD/DVD Charges
5. Courier Expenses
6. Travelling & Outstation Expenses
7. Miscellaneous expenses

Now Mr. X has been instructed by a “General insurance company” to charge GST only on the Professional fees portion and to not charge GST on Reimbursement.

Usually GIC’s will deduct TDS u/s 194J on the Total Value (Fees+ Reimbursement), and many times GIC’s has deducted TDS on (Fees+ Reimbursement+ Service tax). If Mr. X charges GST only on professional Fees but at the end of the Financial year 26AS will show the total amount credit including Reimbursement . There would be huge difference between amount reported in GST returns and 26AS. I assume Mr.X have to pay the GST on the Re-imbursement portion with Interest and Penalty.

Query: Is it correct not to charge GST on Reimbursement expenses. Give me any references if GST not to be charged on Re-imbursements.

just join a private school as a accountant, they didn't have maintained computerised accounting but they have tally software. i know tally working but due to no current backup and working system this is hard to me for maintain it. many types of monthly fee many many expenses daily basis.. please suggest any way of maintain everything..

An assessee is an household and is earning from part time tuitions to children nearby. She does it on non regular basis and is having no other source of income except saving bank interest. The query is that whether this tuition income be shown as Income from Other Sources only. Is there any issue if there is only other sources income of any assessee (using itr 2 for AY 2017-18).

Hi there !
Just 2 simple queries

For renting out commercial premises what is the HSN/SAC Code?

For the same premises maintenance is being charged. Under what HSN/SAC Code is the same required to be charged? - (Previously used to pay ST under Repairs and Maintenance head 00440245)

(Btw - Im assuming that the GST rate is 18% for both?)

Sir

We have toll processing unit ie. we have hired one manufacturing unit & we are manufacturing in that plant & paying toll processing charges to owner.

Previously there were no service tax on process amounting to manufacture as per Section 66D(f) of the Finance Act, 1994. Also there were certain exemptions under notification no.25/2012-ST dated 20 June 2012.

As our product was exempt under excise , we were not required to pay Excise as well.

Please explain taxabiity under GST.

Thanks.