NANDAN
24 June 2017 at 12:08

composition for small retailers

dear sir/madam, More of the small retail business are have exempted goods like Rice, ayta and other food items, then how they can opt for composition?



Anonymous

please explain the taxation regarding in the hand of partnership firm and proprietorship firm like capital gain etc.


ANITA JOSE
24 June 2017 at 11:53

House property

Whether in all the cases Municipal tax is calculated on Municipal Value?
Is there any situation where it is calculated on Annual Value?


Nitin Kumar Sharma
24 June 2017 at 11:50

Gst on group housing society

I LIVE IN GROUP HOUSING SOCIETY. AS MY SOCIETY CHARGE ME FOR MONTHLY MAINTENANCE RS. 1200/- ( INCLUSIVE OF WATER BILL, STREET ELECTRICITY BILL, SECURITY BILL, PARK & ROAD MAINTENANCE. ETC.). AND ITS TOTAL RECEIPTS IS MORE THEN 20 LAKH IN AN YEAR. IS MY SOCIETY COMES UNDER GST ACT. (UNDER 18% SLAB). IF YES THEN WHAT IS THE SOLUTION FOR THAT, IF MEMBERS ARE NOT WILLING TO PAY TAX.



Anonymous
24 June 2017 at 11:30

Note subsequent to revaluation

Is there any requirement of writing a note in notes to financial statements with respect to Revaluation of assets in the years subsequent to revaluation ? If Yes, what is the note to be written ?


Rishab Gupta
24 June 2017 at 11:10

statutory audit

which person is liable to get his books of accounts audited?


CA ASHWIN CHOPRA
24 June 2017 at 11:07

Transistional provision under gst

As per provisio to 140(3) of the transitional provisions, only a trader is eligible to opt for this scheme.
In case of a 2 wheeler dealer say Honda motor vehicle dealer, he is also a service provider as he does servicing of vehicles. Can he opt for the scheme as he doesnt have excise invoice for spares, and claim full credit in case of vehicles where he has excise invoices.


CA ASHWIN CHOPRA
24 June 2017 at 11:00

Transistional provision under gst

As per provisio to 140(3) of the transitional provisions, only a trader is eligible to opt for this scheme.
In case of a 2 wheeler dealer say Honda motor vehicle dealer, he is also a service provider as he does servicing of vehicles. Can he opt for the scheme as he doesnt have excise invoice for spares, and claim full credit in case of vehicles where he has excise invoices.


CA ASHWIN CHOPRA
24 June 2017 at 10:57

Transistional provision under gst

As per provisio to 140(3) a trader can claim the credit at the rate of 40%/60% of the CGST paid on the stock lying on the appointed day subject to that it was not unconditionally exempt under Excise.
A trader who deals in various goods of which few were exempt under excise and few were taxable.
Now can the trader opt for the 40%/60% scheme in respect of goods which were not exempt under excise or does the rule means all the goods which the trader deals should satisfy the condition of not being unconditionally exempt.


simran

while i was uploading one of our client return this error apeared
xml schema is invalid upload the xml in correct schema
at line number 129: invalid content was found starting with element 'itrform:pribankdetails' one of '("https://incometaxindiaefiling.gov.in/master".bankdtlsflag)' is expected
how to solve this error???????






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