Goods sale under SEZ & 108/95 without payment of excise duty under LUT-1. *In GST what will be process

SIR,

Suppose,
a woman has received and saved with herself around Rs. 48,000 cash during last 15 years, from some small home based works.
And this amount also includes the amounts received by her from her parents and other elder family members as a small gift amounts (-like shagun and neg, etc.) on festivals and other social occassions .

This amount was saved with herself, in old 500 and 1000 denomination notes in CASH.

But, due to demonetization in November-2016, she had to deposit this savings amount in bank account, because if she would have not deposited in bank, then her money would have been invalid and of no any use.

Now, when she has deposited this cash amount in her bank account, during NOV. to DEC.-2016,

Que.1: Will this amount be treated as her INCOME , of FY 2016-17 ?
- If Yes, then - which type of Income is this?

Que.2: Will she have to show this amount, in her Income Tax Return of F.Y. 2016-17, as income ?
- If Yes, then where to show it in Return ? - Under which head ?
- And what to mention, with this amount ?

Que.3: What , if she does not show this amount in her I.Tax Return ?
Will she have to face any problem due to this ?

Because, as per her own opinion,
This amount is not received in FY 2016-17. It is received during last 15 years, before FY 2016-17.
The amount which she deposited in bank in FY 2016-17, is not income of FY 2016-17, but it is her savings of last 15 years.
And her income has never gone beyond the exemption limit in any of the past years.
She is a house wife always and she has no any other income except this.



PLEASE, SHARE YOUR EXPERT OPINIONS.
Thanks.

is it necessary to write hsn code on sale bill provided by restauraunt to his customer

can itc is avail on goods purchased before 01.07.17 for 1 year

What Is The Difference between Duty And Tax...?

A society registered under Travanore charitable societies act as a cancer centre by Govt: of kerala and we have the following doubts

1. Whether medicines purchased for hospital use and dispensation coming under GST

2. Wheter any services of cancer cenre coming under GST applicability like patient services, investigation services

3.Whether reverse tax applicable

4.Whether TDS provisions applicable under GST for the cancer centre

3

In the b/s of march 16 an autosweep a/c was not shown but during the p.y 16-17 its closure are received and interest is also received during the year and tds is also deducted on it.
Plz tell me how its accounting would be done now??
M not having the previous year data.

I let out my property to a west Bengal based company.The annual rental value was above 15 lacs.I registered under service tax.I want to know that is the exemption limit of rs 20 lacs under Gst applicable on me. Can I charge the Gst rate separately on my bill or not

Dear Expert,

We are a Manufacturer in Maharashtra Receives Order From Buyer Located In Gujarat (Bill To/Who is paying to us a consideration for supply) and Consignee is located in Maharashtra (Ship To/Recipient) who is receiving goods. In the above case which GST tax has to be Charged CGST+SGST or IGST ? Why ?
and HOW ITC Mechanism works in GST. In the above Case who is eligible to get ITC against our invoice. Please

Read more at: https://www.caclubindia.com/experts/ask_query.asp

Don't you think Chartered Accountants have a better knowledge about finance when compared to an MBA?