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Ramalingam

Ramalingam Kalirajan  |9239 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
zia Question by zia on Jan 13, 2024Hindi
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Dear Sir, I purchased a shop in October 2022 . I paid the required amount as declared in registeration papers ( stamp duty, registeration , sale deed etc. ) However, the builder addiotnally asked for Rs. 57,000/- towards GST to be paid in cash. At the time of registeration I paid only Rs. 50,000/- in cash. Thats why the builder didint issue any GST invoice. When I paid the balance Rs. 7,000/-, the builder issued a hand written letter certifying that Rs. 7,000/- only have been received towards GST ( and not Rs. 57,000/- which I actually paid). He didi not even mentioned his GST number in that letter. There is no GST invoice from any government deptt. My questions is, whether the builder can issue a hand written GST invoice without mentioning his GHST number ??. As far as I know, all GST amounts are are paid to the Givernment and not any any individual.

Ans: It's concerning that the builder issued a handwritten letter for GST payment without providing an official GST invoice or mentioning their GST number. According to GST regulations, all transactions involving GST must be accompanied by a valid GST invoice issued by the registered supplier, containing their GST number.

In this case, the absence of a proper GST invoice raises questions about the legitimacy of the transaction and whether the GST amount was appropriately accounted for and remitted to the government. Handwritten letters without proper documentation may not suffice as valid proof of GST payment.

To address this issue, I recommend seeking clarification from the builder regarding the absence of a formal GST invoice and their GST registration details. If the builder is registered under GST, they should be able to provide a proper GST invoice with their GST number for the amount paid. If they fail to do so or provide insufficient documentation, it may be prudent to consult with a legal advisor or tax expert to explore further steps to ensure compliance with GST regulations and protect your interests.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Career
I am a retired professional with 35+ years of experience in cement industry and power electronics and embedded systems production.I am working as a freelance consultant.I am an electronics engineering graduate with experience in electrical and instrumentation in cement plants,in addition to power electronics and also emebedded systems production.I want to develop myself in AI.please guide me how shall I proceed ? Thanks.
Ans: Here’s a simple step-by-step path you can follow to get started in AI:
1. Start with Python – Since you have a technical background, learning Python will be easy. It’s the main language used in AI. Use beginner-friendly platforms like Coursera or Udemy.
2. Learn AI Basics – Begin with the basics of machine learning (ML), which is a core part of AI. A good course is Andrew Ng’s ML course on Coursera.
3. Explore Practical Tools – Learn tools like TensorFlow or PyTorch (for ML models) and basic data handling using Pandas and NumPy.
4. Focus on Projects – Try small hands-on projects like predictive maintenance (can relate to your industry), image recognition, or control systems using AI. This will bridge your domain knowledge with AI.
5. Join AI Forums or Groups – Connect with AI communities, maybe even ones for professionals in engineering fields. You’ll learn a lot from discussion and real problems.
6. Optional: Certifications – If you want formal recognition, go for AI certifications from IBM, Google, or Microsoft.
Since you’re already a consultant, you could eventually apply AI to industrial automation, fault detection, or predictive analytics in cement and power sectors.
Go step by step—don’t rush. Even 1 hour a day will help you grow steadily.

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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