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CA R SEETHARAMAN
19 March 2024 at 11:42
Posted On : 19 March 2024
In Reply To :

Can the GSTIN claim / avail ITC on chit commission paid to chit fund company which is reflecting in

Yes, in case the funds are utilised for the business for which GST is applicable.

Venkateshwarlu Pulluri
19 March 2024 at 11:41
Posted On : 19 March 2024

Applicability of TDS in case of purchase of agriculture land cost exceeds 50 lakhs

Sir/s,
please let me clarify, that applicability of TDS in case of purchase of agriculture land cost exceeds 50 lakhs

CA R SEETHARAMAN
19 March 2024 at 11:38
Posted On : 19 March 2024
In Reply To :

TCS on Purchase of Vehicle

TCS is income tax collected at source which can be adjusted against payment of income tax while filing ITR of the company.

shriram deshpande
19 March 2024 at 11:16
Posted On : 19 March 2024

TCS on Purchase of Vehicle

Dear Experts
Can TCS Paid on Purchase of Car be claimed as an Input ? The Car will be shown as an Asset in the Books. The Invoice shall be in the Name of the Company and Company's GST Number shall also be mentioned in the Invoice.
Thanks in advance

Venkateshwarlu Pulluri
19 March 2024 at 11:09
Posted On : 19 March 2024

Can the GSTIN claim / avail ITC on chit commission paid to chit fund company which is reflecting in

Good morning sir/s,

can the GSTIN claim / avail ITC on chit commission paid to chit fund company which is reflecting in GSTR2A


 



 

suresh kumar soma
19 March 2024 at 11:04
Posted On : 19 March 2024

Profession Tax on Rental income on non-residential

Sir,

Profession Tax on Rental income on non-residential is applicable as per the PT Act Serial Number 38. Hence, can we know the date of effect this.

CA Shriram Deshpande
19 March 2024 at 10:23
Posted On : 19 March 2024
In Reply To :

Single Invoice for Supply of Goods & Supply of Service

Drear Seetharaman Ji , Thank you so much for your reply.

Shweta
19 March 2024 at 10:12
Posted On : 19 March 2024

Charges levied by HDFC Securities ?

1. Is HDFC Securities Mutual Fund Distributor?
2. Is HDFC Securities stock broking firm?
3. Does HDFC Securities (https://www.hdfcsec.com/) allows investors to invest in both direct plans and regular plans in Mutual funds?
4. What are the charges levied by HDFC Securities for transactions in Mutual funds and stock trading, like commission, brokerage fees, platform fees etc?

Priya R
19 March 2024 at 09:22
Posted On : 19 March 2024

ReG: Wip and Fg Valuation

Dear Sir,

We are in Granite Manufacturing Company. As Finalisation Process we are valubing F.G. as 90% of sale value and Wip as 65% of sales Valu ..! Our F.g. is the goods ready for sale just waiting for approval. And our Wip always remains in 2 out of 7 process. Apart from above we normally sold Good in Fg in first. We are producing in terms of containers as 50 means we sold 10 to 20 of last month F.g and 15 containers from curent production ...! Kindly let me know if our valyation towards Wip and Fg is correct and if not How to Valye in this scenarios

CA R SEETHARAMAN
19 March 2024 at 09:06
Posted On : 19 March 2024
In Reply To :

ITC ON PURCHASE OF CAPITAL GOODS

Other experts please reply, thank you

CA R SEETHARAMAN
19 March 2024 at 09:05
Posted On : 19 March 2024
In Reply To :

ITC ON PURCHASE OF CAPITAL GOODS

Other experts please reply thank you.

RAJA P M
19 March 2024 at 08:36
Posted On : 19 March 2024
In Reply To :

ITC ON PURCHASE OF CAPITAL GOODS

Thank You Sir, But, it's not working properly. I already try this.

C.A. Umeshkumar Acharya
19 March 2024 at 08:02
Posted On : 19 March 2024
In Reply To :

Demanding Payment for duplicate eWaybills for the same invoice

You have done right thing . Moreover you mention the difficulties faced by you which you please repeat while answering to GST Department. Generally Department tendecy is to penalise assessee even there is some bonafide
mistake . This is tendency is continous in spite of Court Instrcutions not to harasess.

CA R SEETHARAMAN
19 March 2024 at 07:50
Posted On : 19 March 2024
In Reply To :

GST APPLICABLE ON REDEVELOPMENT OF RESDIENCE PREMISES BY BUILDER OR OWNER

12% GST applicable before 31st March 2019.

It's after 01/04/2019, vide Notification No. 03/2019 CT(R) dated 29th march 2019.

in redevelopment projects, the GST is levied at the rate of 5% on the apartments handed over to stake holders.
Land lord has to bear the GST.

C.A. Umeshkumar Acharya
19 March 2024 at 07:49
Posted On : 19 March 2024
In Reply To :

Income not shown in ITR

You may claim the deduction at assessment Proceedings stage