Neha
01 August 2021 at 13:02

Regarding Voluntary GST registration

Respected Experts
Plz clarify a doubt. If a person takes GST registration voluntarily to apply for a tender. Fails to get the tender. Now His turnover from other business of provision of GSTable service is less than 10 lakhs and rent income of 2 lakhs both under his PAN. Is he still required to follow all GST requirements like raising GST complaint invoice, deposit GST and File returns. Or is there any other option available to him.
Thanks in advance.


Asit Kumar
01 August 2021 at 11:25

Salary difference in Form 16 and 26AS

I joined the job in May 2020. But, my employer started deducting TDS from salary since Sep 2020. 

Form 26AS is showing the salary amount from Sep 2020 onwards. Even provisional form 16 from TRACES website shows Salary from Sep 2020 only.

But, Form 16 from employer shows salary from May 2020 onwards.

However TDS is same in both the forms.

Which salary amount should I consider while filing ITR? Can I let go of the amount paid to me from May 2020 to Sep 2020.

Because, I think that Income tax dept verifies salary and TDS amount from 26AS only.

Or, do they have access to the form 16 issued by employer too. 

Expert opinion requested.


Joseph P Varghese
01 August 2021 at 10:13

MF Dividend

Till FY 2019-20 I was considering Dividend payouts from Mutual Funds ( based on receipt basis , that is, when the Dividend was credited into my bank account. As the total dividends were less than Rs 10 lakhs, this was exempt.
Now from FY 2020-21, Dividends will be taxed in our hands . While considering such Dividends, I found that two dividends received by me in April 2020 was actually of FY 2019-20 as the Mutual Funds have not covered these in their Form 16A.
Had I included these in my Return for FY 2019-20, these would have been exempt. But now in FY 2020-21 it becomes taxable. Is there any way to claim a relief?


Rahul Singh
31 July 2021 at 23:24

Nri bank info and loan update

hello, if i become nri is it mandatory to tell bank that i have become nri?
if required then in how much time?
if i have any loans running for business or home loan will i have to close or those will continue?

i have been paying all my emis timely and will continue but don't want to close just because i become nri.


DEBASHIS Maji
31 July 2021 at 22:39

EPF EDLI

Epf employee workings in a factory demise after long illness, his last five month epf contribution was 0, Is he eligible to get EDLI benefit? Please answer.


Praveet
31 July 2021 at 21:55

Interest RD

Interest on FD and RD is taxable on received or on accrual


Tina Kantilal Mutha

I have below queries on how to proceed with notice received...
1. Notice was sent to old address even though the current address is updated on income tax portal. why so?
2. As Notice went to old address , i got notice after 2 months of delivery of notice to old address.
3. Notice does not mention the Exact reason. it only propose to assess/re-assess the income/loss.

Please suggest on how to proceed/react on the notice. Thanks in advance.


sankar ponnan
31 July 2021 at 18:46

URP

SIR / MAM

A trader is in Tamil Nadu. He has to issue a delivery challan to his Unregistered Customer in Karnataka but he is registered in Tamil Nadu.
Kindly let me know how can he issue that invoice plz
thanks in adv


Kavita R

While uploading the xbrl file (aoc 4 xbrl)with the latest instance document even after attaching the fresh documents with a fresh form i am getting an error "LATEST INSTANCE DOCUMENT NOT ATTACHED" . My xbrl person is saying to try affixing the dsc in another computer. Is there any other way to solve this problem? Can anyone please send the suggestions asap....


Vipul Acharya

Is E-invoice mandatory to be send, on movement of goods along with carriage or not

Our Invoice contains acknowledgement no. and IRN no.





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