Hi, I’m part of a private offshore capital desk. We’re looking to fund short-term PO execution for real MSMEs with confirmed buyer orders. This is not a loan, it is a profit-based funding model. We need someone to help us source, filter, and verify MSMEs with real POs, GST/Udyam, and a capital gap of ₹5–₹25L. If you have clients in this situation, I’d like to work with you on a deal-by-deal basis.

Respected Colleagues,
If we reverse ITC in others in GSTR 3B Part 4(B)(2) then reversed ITC reflected in Electronic Credit Reversal and Re-claimed Statement Ledger, but in actual its a permanent reversal of ITC, by mistake we plot the amount in Others column, Now how we remove that ITC from Electronic Credit Reversal and Re-claimed Statement Ledger and treated permanent reversal.............Please give your valuable advice

DEAR SIR,

ONE OF MY CLIENT RENTING HIS 12WHEELS HEAVY VEHICLE FOR SO MANY COMPANIES. HIS PREVIOUS YEAR RENTAL INCOME RS. 407006/-(154551/87900/164555) FROM ALL COMPANIES. NO ONE HAS BEEN DEDUCTED TDS.
AND ALSO HIS UPI TRANSACTION NEARLY ABOVE 40LAKHS PER ANNUM. RECEIVED FROM RENTING VEHICLES.

IN THIS CASE CAN WE DECLARE BUSINESS INCOME U/S 44AD

YOUR GUIDENCE MUCH NEEDED

THANK YOU

We are selling poultry feed supplement product.
Our product is taxable.

In addition we are providing lab testing service for one day chicks ( poultry animal )

We are purchasing lab chemical, lab apparatus and paying gst on that procurement. In nutshell we are providing veterinary services.

My question is can we avail input credit on purchases of lab material. We are giving this service as free of cost. Giving this free lab service customers induce to buy our product.

Donations 1,000,000.00
Less: set apart 15% (150,000.00)
Remaning to be applied 850,000.00
Applied (300,000.00)
Not Applied 550,000.00
Now, this 5.5 lac is taxable at slab rate or at MMR ? Kindly suggest with supporting laws

My client contracted with a video editor for his channel, he is paying Rs 1 lakh per month to the editor is TDS deductible u/s 194C or 194J? (If under 194J at what rate?)

I am unable to deposit ESI dues. The challan number was not recorded and during payment, the link failled and transaction was not complete.
The challan can not be generated again.
I want to know is there any way so that payment can be effected.
Please guide. Thanks in advance

Mukesh Agrawal
9438135132
mukesh3325@hotmail.com

Sir,

I have two Assets Which is Value of Rs.144000/- ( Furniture Rs.100000 and Weighing Scale Rs.44000/- i have sold of Furniture of Rs. 111000/- So Gain Rs. 11000/- So Please suggest below Table is correct for Deprecation claim or note

Particulars W.D.V. as on 01/04/2024 Deduction During the Year Total Rate of Depreciation Depreciation During the Year WDV AS ON 31.03.2025


Land & Building 100,000.00 100,000.00 - 10.00 - -
Plant & Machinery 44,000.00 - 44,000.00 15% 6,600.00 37,400.00
44,000.00 - 44,000.00 6,600.00 37,400.00

Sir, My Client has his aadhar registered in a UDYAM Certificate which he was a partner, now he wants a new UDYAM for his propreitor firm. we have cancelled his earlier partnership firm UDYAM and trying to register in propreitor firm. but the portal is not allowing. how can i resolve the matter.

Salary A/c Dr. ( Cost of the Company)
To Employees Contribution to EPF Payable
To Employer Contribution to EPF Payable
To Employee Contribution to ESI Payable
To Employer Contribution to ESI Payable
To Gratuity Payable
To Professional Tax Payable
To TDS Payable
To Advance Adjustment against Salary
To Salary Payable
is mandatory to separately show Employees and Employers contribution of EPF and ESI Payable in books of Accounts.