My friend receive gratuity and leave encashment on death of his father. But the employer has deducted tax on the same. How can i claim the refund for the same from the employer as per Circular No. 573 dated 21.08.90. May please advise. My friend had register himself on online portal of efiling income tax as legal hier for the same.
in private sector when amount of gratuity is paid by employer. this expenses in which manner allows to employer as expense allowable under PGBP ?
I've a client who is registered under Service Tax one month ago now Migration is important but the Provisionsl ID and password is not showing.
Dear Sir / Madam,
We have shipped Material through a Big and Reputed Transporter and asked to give a LR with Freight and GST Amt mentioned in it. But they replied that they are not charging GST.
Now my Questions are -
1) Why are Trasporters not charging GST inspite of they being Registered under GST ?
2) Is GST chargeable on Transportation Charges or Not ? Is there any Exemption limit ?
3) If GST is chargeable, then at what rate ?
4) Who has to pay GST ? Transporter or We the Consignor ?
5) If We pay GST to Transporter then can we take it as ITC ?
Thanks & Regards,
Rachana
A practical doubt. A product in the stock of a retailer. It has 5 % Excise duty and 5 % VAT. So if the selling price is 100 he sold it as 100 plus 5 % VAT and 105. Suppose Now GST for the same product is 12% he sold it for 112.Customers are paying 7 Rs more. Is it the correct procedure the retailer is doing ?
Quick question.. seek advise from Income Tax experts knowing about Capital Gains from Sale of Residential Property..
Residential property 1:
Application/Allotment Date: April 2009
Registration Date: 16 November 2009
Possession Date: 25 December 2011
Total Cost: INR 50 lakhs
Likely Sale Consideration (Net): 1.7 crores (Sale Date: July or August 2017)
Residential property 2:
Application Date: 16 Nov 2013
Allotment Date: 17 Jan 2014
Registration Date: 2 May 2014
Possession Date: July/August 2017
Total Cost: INR 43 lakhs
Question: What would the long term capital gain here on property 1? When should the sale agreement of property 1 be made so that exemption u/s 54 can be taken on property 2?
if we use a brand which is registered in the name of some other Co and that registration is in force then whether gst will be applicable..
if registered dealer pay GST on payment to GTA then he is allowed to get it's input credit or not?
D-mart / big bazaar / reliance mart / star bazaar se shopping karte waqt dhyaan rakhe ke bill alag alag bane kyuki 1000 ki Bill ke upar GST ka slab aise hai - Upto 1000 0% GST 1000 to 1500 2.5% GST 1500 to 2500 6% GST 2500 to 4500 18% GST Pls share with all your near and dear ones *I have received this massage up to what extent it is true
Regarding composition scheme