Dear Experts

One Taxpayer has applied for cancellation of GST Registration and received cancellation order as well but within 3 months not filed Final Return. Now Final Return Form displaying penalty of Rs. 10,000/-. Please confirm this penalty can be waived off or not?

Further, this cancelled GSTIN can be start again or taxpayer have to apply GSTIN afresh? Please confirm.

Thanks

i found Accruals in management accounts after Accounts receivables. and they have provided ageing for the same as up to 30 days.

i have no idea under which heading accruals fall into under Receivables. can u please explain audit procedures as well for accruals

I am one of the director of PVT LTD Co which is liable for Tax Audit.
Which ITR Form should i file and what is the due date
I only get Directors Remuneration from the PVT LTD Co and interest of loan which i have given to the Co.
There is no other inome

I have an offer to work for a UK company from India. They do not have any Indian establishment so, I will have to work on a contractual basis, I guess?
Q1. What is the best option to import work from UK, work as a contractor? or Full Time Employee?
Q2. If I go contractor route, do I need to register myself as a business and get a GST number?
Q3. What taxes do I need to pay in India?
Q4. Will my employer deduct any taxes in the UK?
Q5. How can I create invoices for hourly rate to charge my employee?

Any help on this will be much appreciated. Many Thanks in advance.

Dear Expert,

Request you to please advise on below :

Company is paying certain amount as voucher to employees as rewards and recognition.

I would like to know the taxability of rewards and recognition. like long term service awards, performance awards (please provide some case study / reference).

In addition to that It would be helpful if you can also put some insight on Elective vehicle fuel reimbursement taxability. What proof's we have to collect from employee to provide the tax exemptions.

1) Car owned by employer
2) Car owned by employee.

Thank you,
Gorksh Pawar

Dear sir,
one of my client's income is from rental form building.
in relation for maintenance and expansion in incurred exp. for exp purchase of steel, cement, paint etc for this purpose . GST Invoice received against this purchase and same figure is reflated 2B And automatic 3b also.
can we take that input
please advise
with regards
Binu

Sir,
A Doctor maintained two hospitals two different places in individual status.but 2nd hospital conversation partner ship firm create another two new partners(doctors) introduced accepted in it act
Question:
A Doctor two hospitals maintained own or 2nd hospital create partner ship firm benefit.

list of accounts to be submitted by builder to society.
Also are original bills for purchases made for society to be society ?
Are the challans for statutory payments made to be handed over to society?

Sir,
It assessee (doctor) purchase of site value rs:30 lacs and new construction started hospital building purpose.
Question:
1.loan repayment interest amount business expenses treatment or hospital construction account transfer correct procedure
2.hospital land and hospital construction
expenses account including two seperated accounts or single account maintained.
3.example selling of hospital capital gains applicable on (hospital land and hospital construction both calculated )

Dear Expert ! My client purchased aguriculture land in 2005 and sold in Oct. 2013 and aguriculture product, say rice was used by him for own family. As per census 2011 , population of village is 1400 having panchayat and village is far war away from municipal board about 28 km arially of which population of was about 66000 as per 2011 cenusu, he has claimed it is not a capital assets and cannot be taxed. is it correct ? pl advise.