Return of last year of a company filed incorrectly (loss claimed even though business was not commenced during that year. When I checked its status it is showing itr processed. Does that mean the assessment has been completed (and i would not be allowed to file revised itr)???? and if not than how would I know whether or not assessment has been completed?
we are working in chemical industry. Co has given sbi credit card to 4 employees and they are incurring exps from it and Co is reimburse they exps when they submit summary of exps incurred (it's like imprest account): Summary of exps incurred on 15th July-17 ; 1) LED lamp rs.600 2) Grocery rs.3400 3) Tea cups rs.300 4) Mineral water 1600 Total rs. 5900 All purchases are made from URD, whether RCM apply? Will it make any difference if I book some exps on 15th july and rest on 16th july?
Hi
I am looking to start 2 firms in Pune. I have few inquires if some expert can help with them ill be thankful
1. My 1st firm turnover is going to be under 75 lac. But my purchase of material is from different state and my sales is locally within maharashtra can still apply for composition scheme?
2. my other firm turnover is going to start slow under 20 lac ( purchase and sale both local) and I am the partner in both the firms so will I be able to apply different GST composition schemes ?
Awaiting answers... Thanks
Suppose prop Mr. A has a firm in the name of ABC. and he has registered under GST with annual turnover of 35 lakhs
Now Mr. A is also prop. In firm B. The annual turnover of firm B is RS. 60 lakhs. And not registered for GST.
NOW will the GST number shall be same for both the firms or what will be the cost guidelines to follow in this type of case.
Hello!!!!! Can anyone tell me that how we can take Input Tax Credit of telephone bills under GST??????
Whether the income received from such business from ola/uber is exempt or taxable? The tds is being deducted by them. Does self assessment tax needs to be paid on same while filing itr? If exempt how should the income be shown in return & under which section?
Sir, In case of Housing Society surplus from members is exempt under which section of income tax act. Thanks..
What is the hsn code for hand decorated and hand made, painted laxmi & ganesh this exempted earlir in vat so what is the rate please reply
Dear Experts My total gross income is Rs 4.5/- lac for assememt year 2017-18. I want to file my income tax return. I have 2 fixed deposits in bank and earn interest 20000/- in last year. So, in that case i disclose my FD amount in ITR or only interest amount ?
Dear All,
My client has already taken GSTIN under composition scheme but now, he wants to switch to normal scheme.
Pl advice step tp step as needed.
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