Forums List
E commerce operator Posted on 8th January,2021 05:15 PM
When should the e Commerce operator should collect the TCS , Either once supply is made or consideration is collected?\r...Read more
Section 50Posted on 8th January,2021 05:15 PM
Interest as per section 50 charged on gross amount or net basis after considering the ITC ?\r\n...Read more
Tax treatment Posted on 8th January,2021 05:15 PM
What is the Tax treatment of - 1.Rent received from vacant land? & 2.rent received from commercial property owned by...Read more
Goods destroyed in production processPosted on 8th January,2021 05:15 PM
If goods destroyed while they are in the production process, then whether goods are eligible for itc or not ?\r\n...Read more
Profit from horse race and bettingPosted on 8th January,2021 05:15 PM
If there is a profit from horse race or betting, can it be set off against any other current year loss?\r\n...Read more
Supply of goods by SEZsPosted on 8th January,2021 05:15 PM
Supply of goods by a Special economic zone unit to another in same Special economic zone would be considered as Intersta...Read more
Tax payable by the supplier on goodsPosted on 8th January,2021 05:15 PM
Taxable invoice is not required to be issued for supplies less than Rs 200. Is tax payable by the supplier on goods supp...Read more
Share of profits Posted on 8th January,2021 05:15 PM
Share of profit will not be taxed in the hands of partners. But in the first sum they use those profit to find how much ...Read more
Treatment for deduction twice of employer contribution Posted on 8th January,2021 05:15 PM
Will the employer take deduction twice of employer contribution towards pension scheme... one in section 35(1)(iva) and ...Read more
Services provided to other than FERMPosted on 8th January,2021 05:15 PM
Services provided to RBI other than foreign exchange reserve management from outside India is exempt or taxable?\r\n...Read more
Cancellation of GST registration Posted on 8th January,2021 05:15 PM
In case GST registration is cancelled by proper office, is the person eligible to do business after then ? If so how he ...Read more
Subsidy from a non governmnet authority Posted on 8th January,2021 05:15 PM
Any subsidy from a non govt authority should be added back. with regards to the above doubt.. It is adjusted in the pric...Read more
Factory eligible for ITC Posted on 8th January,2021 05:15 PM
Goods used for running a guest house in a factory eligible for ITC or not?\r\n...Read more
Type of charge to lawyer Posted on 8th January,2021 05:15 PM
if services provided by one lawyer to another lawyer is liable for rcm or normal charge?\r\n...Read more
Immovable property is situated in SEZPosted on 8th January,2021 05:15 PM
If immovable property is situated in SEZ, as per circular circular no. 48/22/2018 GST dated 14.06.2018 - is ...Read more
Zero coupon bondPosted on 8th January,2021 05:15 PM
Zero coupon bonds eligible for indexation?\r\n...Read more
Difference between E-rickshaws and radio taxi Posted on 8th January,2021 05:15 PM
What is the difference between e-rickshaws and radio taxi as per GST exemption?\r\n...Read more
Eligilbility of Zero coupon bonds Posted on 8th January,2021 05:15 PM
Zero coupon bonds eligible for indexation?\r\n...Read more
Section 71b Posted on 8th January,2021 05:15 PM
Under section 71b, Importation of goods or services liable for gst. Who will liable to pay gst supplier or recieve...Read more
Deemed supply under schedule 1Posted on 8th January,2021 05:15 PM
If any business asset acquired before GST regime and sold now for consideration would be considered as deemed supply und...Read more
Sale of car used in business for consideartion Posted on 8th January,2021 05:15 PM
Whether sale of car used in business for consideration construed as in course or furtherance of business?\r\n...Read more
Capital goodsPosted on 8th January,2021 05:15 PM
When Capital goods earlier used for business purposes subsequently used for personal purpose then credit attributable to...Read more
Turnover from agriculture Posted on 8th January,2021 05:15 PM
Whether turnover from agriculture will be inlcluded while calculating aggregate turnover?\r\n...Read more
Business of exclusively Non TaxablePosted on 8th January,2021 05:15 PM
What if a person is doing business of exclusively non taxable supply of 5 lakh in nagaland and 17 lakh in maharashtra of...Read more
Subsidy from tradePosted on 8th January,2021 05:15 PM
Is the subsidy from trade association to be added back?\r\n...Read more
Compulsory Registration Posted on 8th January,2021 05:15 PM
Whether one Sez already in state and another Sez unit to be establsihed within same state, whether separate registration...Read more
GST as import of servicesPosted on 8th January,2021 05:15 PM
Does companies like Trivago or Make my trip falls under the definition of intermediary? Are they liable to pay GST as im...Read more
Section 54EC and 54FPosted on 8th January,2021 05:15 PM
Can exemption under section 54EC and 54F be taken together in respect of long term capital gain arising on shares sold ?...Read more
Recovery by employer from employee Posted on 8th January,2021 05:15 PM
Is notice period pay recovery by employer from employee liable for GST ?\r\n...Read more
ISD to obtain seperate registration Posted on 8th January,2021 05:15 PM
An ISD is required to obtain a separate registration even though it may be separately registered. what does this mean?\r...Read more
Expenditure under various sectionsPosted on 8th January,2021 05:15 PM
Can no expenditure u/s 44B,44BBA,44BB,44BBB be claimed? only income amount recieved is relevant in al these above ...Read more
TCSPosted on 8th January,2021 05:15 PM
1.TCS charged on which amount Sales Value Included GST or Excluded GST ? 2 .Also what if Seller is an Individual not lia...Read more
GST on services rendered by study halls other than librariesPosted on 8th January,2021 05:15 PM
Is gst applicable on services rendered by study halls other than libraries?\r\n...Read more
Profit will not be taxed in the hands of partnersPosted on 8th January,2021 05:15 PM
Share of profit will not be taxed in the hands of partners. But in the first sum they use those profit to find how much ...Read more
Section 87APosted on 8th January,2021 05:15 PM
What is the amount of rebate under section 87A?\r\n...Read more
Identical units of house property Posted on 8th January,2021 05:15 PM
If there are two identical units of a house property then the interest on borrowed capital will be divided between the t...Read more
Royaltty paid in India to Non ResidantsPosted on 8th January,2021 05:15 PM
Royalty Paid in India to a Non Resident but tax not deducted on the same during the prev year or b4 due dt of filing ROI...Read more
Inter state supply of goodsPosted on 8th January,2021 05:15 PM
Person making Intra State supply of •goods(inc notified goods) or •services Whether liable to compulsory Regis...Read more
POEM guidelines Posted on 8th January,2021 05:15 PM
If Total Turnover or Gross Receipts of a Company is Less than or equal to 50 crores then how to determine its Residentia...Read more
TDS to NRPosted on 8th January,2021 05:15 PM
What will be the rate of TDS in case of rental is paid to NR?\r\n...Read more
General anti-avoidance rulePosted on 8th January,2021 05:15 PM
Explain General anti-avoidance rule (GAAR).\r\n...Read more
Business loss can be set off from IncomePosted on 8th January,2021 05:15 PM
Can Business loss can be set off from Income from other sources eg from Interest income gift income etc . I.e oth...Read more
Related person under GST Posted on 8th January,2021 05:15 PM
Is elder brother is related to person under GST\r\n...Read more
Avalibilty of Input Tax CreditPosted on 8th January,2021 05:15 PM
Whether Input Tax credit available on motor vehicle purchased for transportation of goods by the organisation engaged in...Read more
Rule of literal interpretation and Mischief rulePosted on 8th January,2021 05:15 PM
Explain the concept of Rule of literal interpretation and Mischief rule.\r\n...Read more
Filling of return after 31st marchPosted on 8th January,2021 05:15 PM
Whether return can be filled after the 31st March of the relevant AY by assessee himself after paying the Taxes interest...Read more
Section 115BAB(4)Posted on 8th January,2021 05:15 PM
If there is any business transaction between a person referred in section 115BAB(4), whether transfer pricing report nee...Read more
Deduction on royalty Posted on 8th January,2021 05:15 PM
Under which section TDS shall be deducted on royalty which is taxable under section 115A @10%.\r\n...Read more
Benefit under section 48Posted on 8th January,2021 05:15 PM
Payment date is prior to the the invoice date and the statement date. Is the benefit comes under sec.148 does not availa...Read more
Requirement of Eway billPosted on 8th January,2021 05:15 PM
Whether eway bill is require on movement of goods of rs 50000 including gst\r\n...Read more
Supply of servicePosted on 8th January,2021 05:15 PM
In case of advance received for goods , the time of supply is still the due date of invoice or date of issue of invoice ...Read more
Supply of goods by any unincorporated associationPosted on 8th January,2021 05:15 PM
Where the Supply of goods by any unincorporated association or body of persons to a member thereof is made without any c...Read more
E-way bill for unregistered personPosted on 8th January,2021 05:15 PM
Can unregister person can make eway bill?\r\n...Read more
Zero rated supplyPosted on 8th January,2021 05:15 PM
What is zero rated supply under IGST and What is the difference between non taxable and non GST supply.\r\n...Read more
Deduction under section 115BBDAPosted on 8th January,2021 05:15 PM
Is deduction under chapter VI A also not allowed under dividend taxable ?\r\n...Read more
Section 25 of CGST act Posted on 8th January,2021 05:15 PM
Who is a sole distributor and whether he is or not a related or distinct person under section 25 of CGST act.\r\n...Read more
Job workers time periodPosted on 8th January,2021 05:15 PM
As per the Gst law, where inputs or capital goods are sent by principal to job worker then, if the same are returned wit...Read more
Principle of Subjective Interpretation and Principle of Liberal ConstructionPosted on 8th January,2021 05:15 PM
What is the difference between Principle of Subjective Interpretation and Principle of Liberal Construction\r\n...Read more
Remuneration unders ection 40bPosted on 8th January,2021 05:15 PM
X,Y and HUF of Z (represented by Z) are partners in firm. X,Y,Z are actively associated with the affairs of firm. Whethe...Read more
Development of propertyPosted on 8th January,2021 05:15 PM
Would expansion and repairs and maintenance of property fall within the meaning of "development" of pro...Read more
Section 210Posted on 8th January,2021 05:15 PM
Section 210, what would happen to the differential amount since the order is not appealable too?\r\n...Read more
Section 80IAPosted on 8th January,2021 05:15 PM
Would the deduction not be allowed to amalgamating company or amalgamated company under Section 80IA?\r\n...Read more
Section 288 and 56(2)(x)Posted on 8th January,2021 05:15 PM
In section 288 and 56(2)(x), does brother and sister of individual include step brother and step sister?\r\n...Read more
Defered Tax LiabiltyPosted on 8th January,2021 05:15 PM
What is Defered tax concept and its treatement?\r\n...Read more
Minimum rate of duty drawback prescribedPosted on 8th January,2021 05:15 PM
What is the minimum rate or amount of duty drawback prescribed under the customs and central excise duties drawback rule...Read more
Capital gains under section 50cPosted on 8th January,2021 05:15 PM
In capital gains section 50c reference to valuation officer can u explain?\r\n...Read more
TDS in Section 194 I and Section 194 IBPosted on 8th January,2021 05:15 PM
What is the difference between TDS in Section 194 I and Section 194 IB?\r\n...Read more
Treatmet of capital gains transactionsPosted on 8th January,2021 05:15 PM
In capital gains, Transactions are not regarded as transfer. In that any amount received by the way of transfer of speci...Read more
Residential status of Indian company in New ZealandPosted on 8th January,2021 05:15 PM
If a an Indian company having Place of effective management in New Zealand. In this kind of situation what is the reside...Read more
Reverse charge mechanism Posted on 8th January,2021 05:15 PM
A composition dealer is making supplies which are under the purview of reverse charge mechanism. Then the recipient of t...Read more
ITC before goods reaching to the factoryPosted on 8th January,2021 05:15 PM
In bill to shop to model when a person pays amount to the supplier for supply the goods to his factory. In such a case t...Read more
Capital gain Posted on 8th January,2021 05:15 PM
Will capital gain is attracted for compulsory acquisition of rural agricultural land?\r\n...Read more
Piece Based EmplyoeesPosted on 8th January,2021 05:15 PM
Who are known as PIECE BASED EMPLOYEES for gratuity purpose.\r\n...Read more
Furnishing of returrn and filling of return Posted on 8th January,2021 05:15 PM
What is the difference between furnishing of return and filing of return in income tax act?...Read more
Indirect taxes in GDPmpPosted on 8th January,2021 05:15 PM
Under income method for calculation of national Income. For GDPmp net indirect taxes is added or not?\r\n...Read more
Registration for inter state supply of servicesPosted on 8th January,2021 05:15 PM
A person engaged in supply of inter state supply of services is liable for compulsory registration.\r\n...Read more
Reverse charge basis Posted on 8th January,2021 05:15 PM
Can a composition dealer make supplies which fall under reverse charge basis?\r\n...Read more
Registration for person suppling services through ECOPosted on 8th January,2021 05:15 PM
A person making supplies of services through an ECO who is not required to collect TDS. Is that person is liable to get ...Read more
GTA transpoterPosted on 8th January,2021 05:15 PM
A GTA transporter can be registered as composition Dealer?\r\n...Read more
Use of GSTPosted on 8th January,2021 05:15 PM
What is the use of taking registration under GST by an dealer who exclusively in the supply of exempt supplies.\r\n...Read more
Government RevenuePosted on 8th January,2021 05:15 PM
Usually GST increases the prices of the commodity which leads to fall in consumption by buyers. Then how it increases th...Read more
Section 23 of CGST actPosted on 8th January,2021 05:15 PM
whether Person making supply exclusively Nil Rated goods/ services are covered in section 23 of cgst act. that is not li...Read more
Fees paid to MCAPosted on 8th January,2021 05:15 PM
Whether fees paid to mca is exempt from gst if yes under which notification and where it is written?\r\n...Read more
GST on free samplesPosted on 8th January,2021 05:15 PM
Why no itc taken for gst paid in free samples?\r\n...Read more
Section 17(5)(c) of the CGST ActPosted on 8th January,2021 05:15 PM
Will the real estate is ineligible for claiming ITC read in accordance with sec 17(5)(d) of the CGST act???\r\n...Read more
Catering servicesPosted on 8th January,2021 05:15 PM
How Catering Services provided free of cost for elder sons business function is in the course or furtherance of business...Read more
GST on free samplesPosted on 8th January,2021 05:15 PM
Why no itc taken for gst paid in free samples?\r\n...Read more
Treatment of building after completion Posted on 8th January,2021 05:15 PM
What if building is transferred after issuing certificate of completion whether exempted or taxable as goods?\r\n...Read more
Restaurant and other servicesPosted on 8th January,2021 05:15 PM
If a person is supplying restaurant services and other services which are under the prescribed limit then what rate shal...Read more
Validity for E- BillPosted on 8th January,2021 05:15 PM
How many days E-way bill is valid for?\r\n...Read more
Interest on delayed PaymentPosted on 8th January,2021 05:15 PM
Why interest on delayed payment of consideration is assumed to be inclusive of gst .is there any specific provision rega...Read more
Composition schemePosted on 8th January,2021 05:15 PM
If person providing legal service, is eligible for composition scheme ?? and if any person who covers under RCM wa...Read more
Factory license reverse chargesPosted on 8th January,2021 05:15 PM
Is factory licence fees paid to state industrial development corporation liable to gst under reverse charge. if yes then...Read more
reverse chargePosted on 8th January,2021 05:15 PM
Is ITC allowed on taxes paid by regisistered person under reverse charge basis.Explain?\r\n...Read more
Reverse charge mechanismPosted on 8th January,2021 05:15 PM
What are the consequences if. Composite dealer receives inward supplies liable for reverse charge mechanism...... Whethe...Read more
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work contract Service on immovable property Posted on 8th January,2021 05:15 PM
As per Section 17 Subsection 5 clause c says work contract Service on immovable property is blocked credit..so how can I...Read more