Hello, A composition Dealer did not file the Annual Returns from 2017-18 to 2020-21. All Quarters Tax deposited on declared Turnover. What will be the consequences as 2017-18 and 2018-19 was voluntary. whereas, 2019-20 and 2020-21 was mandatory.What amount of late fees, and Interest applicable for later years. and ,mode of deposite, Under DRC or regular challan. Kindly share valuable opinions. With warm regards.

Sir we are a distributor and our turnover exceed 11 cr. previous year. we have two supplier whose turnover also above 10 cr. & our every year transaction is almost 2 cr. So, my question is do we need to deduct tds u/s 94q from 1st April on every bill or we need to wait to cross the exemption limit i.e. 50 lacs.

FULL FORM OF PAAO IN MCA

Sir,
It assessee sales of apartment value rs:35 lacs in f.y.20-21.
Brokerage paid rs:5 lacs
Mortgage loan interest paid to bank rs:8 lacs
Question:
Brokerage pay amount and mortgage loan interest paid amount deducted sales of apartment value claim allowed in it act.

Sir one of my client's mother(62 years) got share of agriculture land from her father's ancestral property in 1987 Now last year she sold that share in small plots which can't be treated as agriculture and the value approximately 1cr. Nature of land has not been changed.
Please advise how can save tax and what will be its purchase value CG purpose
regards
Vikas

Sir/Madam

TDS deducted u/s-194 Q on MGVCL Bill payment in this month. What is the due date of tds payment to the Govt. Account.??

It will be deposit within 7 days from the date of deduction or on or before 7th Feb.2022??
Please confirm immediately.

Also request to share table for deposition of TDS,TCS for the fy-2021-22.

Hi,

My gross receipt has crossed 30 lakhs this year and 20+ last year.
But I never got any GST number.
I own affiliate websites/web apps, I think I come under OIDAR export category[ https://www.meteorio.com/gst-oidar/ ]
100% of my income is from foreign remittances. Am I looking at penalty here?

please suggest what should I do ?

If CA file gst return and income tax return behalf of his client, and client not paid gst amount since 2 years, in such case CA is liable to pay GST dues to the government??

Can a person who is the first holder of shares (physical certificate) transfer shares in his single name, since the 2nd Holder (a friend) has not been traceable since more than 10 years.

We have received tender for construction of unipoles and thereafter advertisement rights will be awarded to us in consideration of licence fees.
My query is what would be the treatment of construction cost and if capitalised what would be the manner of charging depreciation.
Please guide...