Hi,

can anybody pls tell what is the limit for Tax Audit for FY 22-23 in case of companies??

I am having business of chips and kurkure, i purchased goods worth 100000 plus 12000 gst. Later on 20% chips packets became damaged (packets depuffed and rat cutting ) etc . My supplier has a policy to send the goods to wasteline co. And nominal value of goods received from that company and leftover reimbursement is done by supplier . 20000 is my damages and 1000 i have received from wasteline and 19000 from supplier . I am paying gst on 1000 also its my sale . How will i account for 19000 in my books and also guide me gst is applicable on this or not ?

Hi Sir / Madam
One of my friend is doing freelance work and getting paid in INR. But actually he raise bills in dollar. One intermediate is there to convert dollar to INR and transfer the amount to my friend's account after deducting his commission.
Whether it will be treated as export of service ?

Should I buy Car by my name , i. e., proprietor or by company name to get interest expenses and depreciation?
Also if buying car for company purpose should I get GST return for car or not?

a govt grant of INR 30 lack received in FY 22.23 to a producer company for purchase fixed assest now fix assest pirchased with gst 18% now the fixed assest value in the balance sheet is 2542372.88 now we are apply as for grant sattlement which dep set off with deff grant now the problem is if we charged dep on 25 lakh assest than in the future the tax diff will not be set off will you please help to resolve this??

One PVT ltd doing event management business and PVT LTD turnover is 1 crore and eighty lac and all transaction happened through bank account channel. and company profit is approximately 4.5 percentage. In this case tax audit mandatory OR Not?

Can a Franchise Declare Profit under Section 44AD of The Income Tax Act,1961?

RESPECTED SIR
APPLIED FOR GST CANCELLATION ON 1.1.23 . GST SUSPENDED FROM 1.2.23 TILL NOW. ALL RETURN FIILED ARE NIL. CANCELLATION IS STILL PENDING. NO ORDER ISSUED ITS TO LATE . WHEN TO FILE GSTR10? PLEASE ADVICE ... THANKS

mr A. buy a flat and paid Total 86 lakhs to Mr. B and Mr. C. and TDS dedcted on Rs. 86 Lakhs @1% got the flat transfer from Builders. Builder give the accptance of Rs. 71 Lakhs receipts of flat price. and demand balance Rs. 57 lakhs of the flat value. Flat value in allotment letter 110 lakhs and registery value is also the 110 lakhs.
Now on Mr. A liable to TDS on Rs. 24 lakhs or 57 lakhs ?
how at the time of registery of flat register can demand the stamp duty on diff Rs. 33 Lakhs or not . how can give the reply to registrar.

Respected Experts,

Kindly advise that my pvt ltd company want to sale car which was purchase in Jun-22.
Kindly advise that GST applicable on sales of car ? as we were not claimed GST due to 17.5 section of GST.