Company is in to business of sale of plots. It develops plots and sell it. Kindly let me know the GST compliance, whether GST is applicable for sale of developed plots and if so GST RATE for the same.

On Partnership Deed we have been mentioned that the " The Net profits or losses after charging interest @ 12% p.a and remuneration to partners as per the clause no 9 the partnership deed shall be shares by the partners in ratio basis."

So My query is

1) Is it fine if we do not want to give interest or remuneration to partner?

2) can we give interest to partner below 12% e.g. 2%, 6%,5% etc.?

Dear Sir / Madam
1.What is the Sac code and rate of gst for Cutting of Azimuth Thruster underwater (80tons each) using our Diving Equipment and Divers and Draining of OIL safely from Thruster POD.

Draining of oil should be done in very systematic manner, and all oil pollution responsibility is with us

Azimuth Thrusters are parts/components of ship which are located underneath the ship (fan like things kindly see google images)

Inside these thrusters oil is stored for running fans in thruster POD.

We accepted a work to cut and remove these thrusters and drain the oil in thruster POD as per pollution control norms.

We have to do this work when the ship is in ocean.For this we use our diving equipments and divers.

Kindly help us in providing Sac code and rate of tax

ASMT 10 received re mismatch of ITC credit between GSTR 2A and GSTR 3B
However there is difference between ITC Credit as per GSTR 2A and auto populated figure as per 8 (A) of GSTR 9
Figure as per 8 (A) of GSTR 9c is more than GSTR 2A
My question is what can be reasons for this difference and which figure needs to be taken for mismatch of ITC credit ?

Hello everyone,

For assessment year 2019-2020, I had foreign income with tax status being resident. I hadn't filed Form 67 before income tax return. In Feb 2021, I received U/S 143(1) intimation where foreign tax relief claim was rejected. With help of CA, we filed Form 67 and rectification at ITO.
However, tax relief has still been rejected by tax department stating that I hadn't filed Form 67 before due date.
What can I do in this situation? Has anyone been to similar situation?

Sir,
It assess view 26as in f.y.20-21 details mentioned below
Sec 206cq
Name of collector: Axis Bank
Amount rs:1,50,000/-
Tcs collected:nil
Tcs deposit:nil
Question:
Assess above mentioned amount rs:1,50,000/- show in it returns and books (income or expenses treated)

whether shortterm/longterm gains from debt or equity mutual funds if invested in buying flat are exempted from income tax if yes upto what value .

We are providing covid vaccine to our employees with the help of a private hospital. Whether we required to deduct tds on the payment of vaccine charges to the hospital.

Is body of individuals is a taxable intity when there is only moto to save some amount from each members for their future expenses.?

please provide a draft note for forming a body of individuals with the said moto. also please explain if there will be any IT liability as the amount considered from each individual will be below 3lakh per annum.

Has due date for filling form 11 in case of LLP been extended to 31 august? Can anyone share the notification of extension in that case?
Thanks