Gopalakrishnan. S
29 January 2023 at 10:00

Restaurant under 5% GST without ITC

Sir,

One of my friend is running a restaurant. He opted for 5% GST without availing ITC.
His turnover has crossed 1.5 crores in October 22 itself, but he noticed it now only.
Can he continue under the same scheme for this FY ? What should he do now ?
Pls. advice.


Dhiraj Mandoth

Dear Experts,
I have received a Professional Tax notice for 6 years asking to pay the PT of Rs. 2500 on the showroom which is an additional place of Business.
I have been paying every year towards 2500/- but now they are asking to pay even for the showroom. The Showroom is just for the display purpose and to take orders.
I am sole proprietor trading in glasses and hardware .

Kindly suggest whether should i pay the PT on the showroom for all the years from the date of its addition
or
There is no need to pay, if so under which section can i reply to the notice or any case study to back my reply .


CA.Ritu Agarwal
28 January 2023 at 16:22

Object clause and name clause change

Can anyone help me with the documentation for object clause and name change of a company.

Moreover if anyone can share object clause of real estate or Investment company.

Thanks in advance
CA Ritu Agarwal.


sona1
28 January 2023 at 14:33

INCOME TAX BACK DATED RETURN

Note that PARTY Not Filed any Return in Previous Year , he is a salary holder
Please said us can we will filed BACK DATED Income Tax return for 03 Years (i.e. A.Y 20-21,A.Y.21-22,A.Y.22-23 ) IF YES THEN PROCIDURE


G Prathiba

After completion of articleship of CA, is approval goes to the principal ? to apply exam

or

Is approval needs to take after completion also, to apply exam?

Please clear this doubt . Thanks in advance.


Kabeer Mohammed
28 January 2023 at 12:06

Company audit123

“Auditor may be removed before expiry of his term” here what do you mean by “term” whether one year or five year or time between agm?


Praveet
28 January 2023 at 10:50

Regarding GST Notice REG-17

Show Cause Notice for Cancellation of Registration

Whereas on the basis of information which has come to my notice, it appears that your registration is liable to be cancelled for the
following reasons:
1. In case, Registration has been obtained by means of fraud, wilful misstatement or suppression of facts.
You are hereby directed to furnish a reply to the notice within seven working days from the date of service of this notice.

If you fail to furnish a reply within the stipulated date or fail to appear for personal hearing on the appointed date and time, the
case will be decided ex parte on the basis of available records and on merits .
Please note that your registration stands suspended with effect from

Under what circumstances is this notice received?


Dibyendu Majumder
28 January 2023 at 10:48

Filling 26QB When 2 or more seller

Dear Sirs/Madams,
My clients jointly brought one flat from the seller, property value INR 68 lakh, He/She completed consideration money in three installments in December 2022. But at the time of filling 2 nos 26QB, is he/she need to mention the total consideration amount of INR 34 Lakh in each 26QB or INR 68 Lakh in each? IT website guide to mention the proportionate amount of stamp duty for each 26QB filling .
Also at the time of filling 26QB if the last installment is marked as "Yes" and the previous installment amount is entered then TDS is calculated on the total amount of the previous & current installment automatically. Is it right or wrong? because they are already filled & deposited TDS on their previous paid consideration amount. If the total previous consideration paid & current consideration paid is less than the stamp duty value then TDS will be considered on the stamp duty value is it correct or wrong? as TDS should be deducted from the purchase value of consideration & not the stamp duty value.


Ashim kr Ray
27 January 2023 at 21:12

Undefine shows submitting e verification

Sir,
At the time of submitting responds in e verification schemed in Income tax its shows undefine.

Please gives the solution for the same.


Sachin Kumar
27 January 2023 at 16:13

Back Dated Invoice

I had purchased LED tube light in June 2021 from shopkeeper.
Shopkeeper saying that he is unable to search invoice , actually shopkeeper had not made invoice.
I need invoice for replacement of tubelight.
can shopkeeper make backdated bill now , I will pay GST ?
What is the practical solution ?





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