Hi,

I have filed GSTR 3B for July-17. Input tax credit less taken. can I add in GSTR 3B Of Nov-17.
exp: Actual Input 1,35,000/-, but in GSTR 3B I have filed 89,350/-,

left India first time on 23/SEP/2017 175 days for FY2017-18 What will be imapct 1) on ITR FY2017-18 (AY 2018-19) 2) Long term capital gain during FY 2017-18 on sale of equity shares. Which rule will apply. Person has stayed in India for 182 days or more during the concerned F.Y.; or Person has stayed for 60 days or more during the concerned F.Y. and a total of 365 days or more during 4 years immediately prior to concerned

REPLY RECEIVED
1.You left India for employment the rule Person has stayed in India for 182 days or more during the concerned F.Y. Will apply. You will be non resident for fy 2017-18. Your foreign income is not taxable in India.
2 Long term capital gains on shares will be taxable at 20% as you are non resident.

Addendum:
If I return India for 25 days in January 2018 so
I will be in India for 175+25=200 days than what will be the status?

Hi Friends,

As you are aware that, in Service Tax Regime, Service tax on RCM basis was payable after making payment of your vendor within 3 months and you could claim Cenvat Credit after making payment of Service tax on RCM Basis within 3 months.

But in GST regime it is same process to pay GST on RCM basis. Means can i pay GST on RCM Basis after making payment to my vendor or not.

I left India first time on 23/SEP/2017 175 days for FY2017-18

What will be imapct
1) on ITR FY2017-18 (AY 2018-19)
2) Long term capital gain during FY 2017-18 on sale of equity shares.

Which rule will apply.
Person has stayed in India for 182 days or more during the concerned F.Y.; or Person has stayed for 60 days or more during the concerned F.Y. and a total of 365 days or more during 4 years immediately prior to concerned F.Y.

I am a professional with a proprietorship business in Management and Software.
1. Have Consultancy income and income from other Sources [FD interest, Rental]
2. Have used ITR4 in the past few years with Balance sheet, etc but no Audit
3. Unfortunately, am filing AY2017-18 income tax returns now in Dec 2017.
4. My profits are lower than 50% of Consultancy income.
5. Have paid all the required taxes during FY2016-17 as advance tax.

I need clarification about:
1. Can I use the New ITR3 for AY2017-18 tax returns ?
2. Under the section 44AB as before ?.. as profits are lower than 50% of Consultancy income.
3. Or do I have to use the 44ADA option ?
4. Is Audit compulsory in this case and what is the procedure for the same ? [considering late filing]
5. Is there a way to get accurate info on this from IT dept ?
Regards and appreciate it.







Can I use

customer book 1bhk flat n paid 50 % amount n till nw nt registration done . nw went take trf to 2bhk flat what it impact on gst on in this.

Sir,
After registration to GST Portal, from which date we would liable to issue GST Bills?

Respected Sir, Madam I purchase Bricks, Sands etc and sales its and i have also OWN Truck(lorry) so I also provided service that is delivered goods at client place so my Question is that how to prepare invoice because my main expenses are Transportation related material cost is very low For Example Material Cost Rs.100 ad Transportation Cost Rs. 500 so
1) Can I issue Single Bill for Material and transportation cost ? is yes how to prepare Invoice
2) Whether i am GTA or not ?

Hi sir,

If i have the same person as sundry debtors as well as creditor. Eg. X is providing transportation service to Y & Y is providing CHA service to X. so For X, Y account will show both credit & debit balance. Now my question is On X account Y need to pay Rs.15L, X payable to Y is Rs.20L. X is adjsuting their book entry and ready to make payment of Rs.5L to Y. Now Is TDS need to be deducted on Whole 20L or Payable Amt of Rs.5L.

kindly give me some perspective on lut