We have purchased grocery items, like as Rice, wheat, soap, sugar, tea powder, edible oil, pulses, etc and distribute to poor people as a donation ( this is not our trading commodity ).
Yearly our purchases near about 2 crore.
Can we are liable to pay tds under 194 Q ( Tds on Purchases of Goods ) .
Is said grocery comes under definition of goods

An assessessee who purchased a property for Rs.1crore whereas as per stamp value is Rs.1.50 crores. The assessee deducted TDS u/s 194IA on 150000 stamp value and paid the 9850000 to the seller by way of cheque. As per income tax act 50C Will attract to the seller. Suppose, if seller paid the capital gain tax on the basis of sale consideration as stamp value even then 56(2)(x) attracts to purchaser.

I originally filed return within due date but department has not allowed to carry forward the loss of short term capital gain.
So i revised the return but in revised return again department has not allowed the same and raised the demand for revised return of rs. 1,000.
what to do in that case..??

SUBJ
CANCELLED / SURRENDER GST NO IMMEDITELY IN 2017 CAN BE REACTIVATED ?????
OR ON SAME PAN CARD CAN I APPLY FOR….FRESH GST NUMBER




SIR,
MY CLIENT ALLOTED GST NO IN 2017…..BUT HE HAS REALISED…..PRACTINOR HAS APPLIED WRONGLY
HE HAS REAILER ….INSTEAD OF…COMPOSITION HE HAS GOR REGULAR DEALEAR

SO HE HAS…..SURRENDER IMMEDITELY….GST NO….WHICHIS CANCELLED BY DEPT

NOW TO BUSINESS NEED
HE IS ONLY MEMBER…..SO HAVING …ONLY…ONE PAN-CARD

CAN HE MAKE FRESH APPLICATION FOR GST NO
OR
HOW TO GET…OLD GST NO….GOT ACTIVATED ?????

ANY SOLUTION….ONE MAN….ONE PAN CARD…...TO GET …GST NO AGAIN ????

WHERE FORIEGN REMITTANCE NEED TO BE SHOWN IN ITR? AND FINANCIAL STATEMENTS?

i have received notice under section 270a for demand notice of penalty in regard to addition which made in appeal order. and we have refund which is on hold. my query regarding whether penalty can be levied or not???

SHARE OF PROFIT IN A PARTNERSHIP FIRM IS WRONGLY TAKEN IN COMPUTATION OF TAXABLE INCOME IN A BELATED RETURN U/S139(4) .CAN IT BE RECTIFIED US 154?

THERE IS A CASE IN WHICH THE CREDIT OF IGST OF RS30600/- EACH HAS BEEN CLAIMED.
BUT ACTUALLY IT HAS TO BE CLAIMED IN CGST AND SGST.
NOW WHAT WE HAD TO SELECT AS PLACE OF SUPPLY WHILE PAYING DRC 03?

Respected Sir,
My Freind is Software Devloper he Provide Services to Qatar Based Company on Hourly Basis,
( Freelancing - work from home)
Monthly income around is Rs. 2 lakhs So its Yearly 24 Lakh Rs.
. Where GST applicable For Service Providers more than 20 lakhs Rs.

My question is
Wether GST registration is Mandatory or not ?

WHAT IS THE PENALTY OF LATE FILING OF GSTR 9C?
SUPPOSE I FILE GSTR9&9C ON 3RD JANUARY 2025 THEN WHAT IS THE TOTAL PENALTY I HAD TO PAY?