One assessee has purchase new residential property for section 54F benefit. Whether GST and Stamp Duty Paid on New Flat is allowed as deduction ?
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SIR, வணக்கம்.நான் ஒரு ஆன்லைன் கேமிங் நிறுவனத்தில் விளையாடி ரூபாய் 6 லட்சம் வரை இழந்திருக்கிறேன்.அந்த நிறுவனம் மோசடி செய்கிறது என்பது எனக்கு தெரிகிறது.நான் போன 2023-24 ல் நான் அவர்களிடம் கட்டிய பணத்திற்க்கு 28 சதவீதம் GST அரசாங்கத்திற்க்கு கட்ட வேண்டும்,அதை அவர்கள் ஒழுங்காக கட்டியிருக்கிறார்களா என்று RTI ல் எந்த சட்டத்தின் படி கோரிக்கை வைப்பது மற்றும் நான் விளையாண்ட போட்டியில் ரூபாய் 10000 த்திற்க்கு மேல் வென்றவர்களிடம் 28 % TDS பிடித்து அரசாங்கத்திற்க்கு கட்ட வேண்டும்.அவர்கள் அதைசரியாக கட்டியிருக்கிறார்களா என்று RTI ல் எந்த சட்டத்தின் படி கோரிக்கை அல்லது மனு வைக்கலாம்.மேலும் நான் கலந்துகொள்ளாத போட்டிகளில் அரசாங்கத்தின் TDS ஒழுங்காக கட்டியுருக்கிறார்களா என்று கேட்கும் உரிமை எனக்கு உள்ளதா என்பதை தெரியப்படுத்தவும் நன்றி D.Kalyanakumar
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Assessee is a developer and engaged in the business of developing of real estate project. He has calculated the GST liability on sale of under construction flats as per agreement to sale with flat purchaser by taking deduction of 1/3 of the consideration . In the GST Audit , departments is denying the deduction for 1/3 for the land on the ground that there is no involvement of share transfer of land in the agreement to sale and land is transferred only when the sale agreement is executed with the society . Is the interpretation of the GST audit department…
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KINDLY ADVISE IF THE GST IS PAYABLE ON EDC AND IDC ACCOUNT IN AN UNDER CONSTRUCTION BUILDING. IF SO, WHAT IS THE RATE OF GST PAYABLE AND FROM WHICH DATE THE GST IS APPLICABLE AS THE BUILDER IS DEMANDING THE GST AFTER GIVING THE POSSESSION OF THE APARTMENT AND JUST BEFORE THE REGISTRY OF THE PROPERTY.
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Sir, I am a YouTuber based in Ahmedabad. I have a channel on YouTube where I make videos on various topics. I also have a blog where I write articles. I have monetized the channel and blog with Google Adsense.i expect my annual earning in FY 2023-24 from AdSense to exceed Rs 20 Lakhs. All income is received from Singapore. The income is offered to income-tax under the head "business profits". I read an article in Tax Guru that as the AdSense income is received from Singapore, it constitutes "export of services" and is not liable for payment of GST.…
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what will be the GST amount Chargeable on the amount of Corporate Guarantee in case of newly opened Subsidiary Company?
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A person is registered under GST Act falling under the jurisdiction of Central Tax Officer. Business of the registered person has been inspected u/s 67 (1) of the SGST Act by the State Tax Officer, the goods has been seized and the proceedings has been further initiated u/s 74. Is the action by State Tax Officer legal? Do the State Tax Officer have authority to inspect as well as initiate a proceeding in the matter of a registered person falling under the jurisdiction of Central tax Officer?
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Sir, in our case supplier is not filed by GSTR-1 in time for the financial year 2020-21 but buyer clime the GST ITC based on tax invoice, the same point is raised department issued a notice required a clarification of excess declared GST ITC between the GSTR-3B vs GSTR-2B . The above difference GST ITC is payable complosory ? if any judgement declared by courts please forward judgement
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Section 16(4) of CGST Act Prescribes time limit for claiming the ITC. Many matters have gone to High court challenging the constitutional validity of this sub section.Bombay High have also admited such matters. Few of them are - DN wind System (I) pvt Ltd WPST /27887/2022 and Meta Tiles Pvt Ltd and otheres WPT 12338(original) 2021. The Business Audit for the period 2017-18 and 2018-2019 has been taken up by depatment wherein they propose to disallow the above crdit. As matter is pending in various courts, can assessee reqest for keeping the proceedding in abyance till matter is decided? Please…
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What are the implications under GST if a partner of a firm receives stock in trade/raw material/ finished goods/ work in progress from the firm? Similarly, what are the implications under GST if a partner of a firm receives Capital Assets from the Firm?
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GST and Stamp Duty cost whether allowed in section 54F Deduction, investment in residential house