Would a local authority be covered under the definition of a body corporate as per Companies Act, 2013, as tax on vehicle hire charges are liable to be paid under RCM if the service recipient is a body corporate. If the recipient is a local authority, is it required to pay tax under RCM?
The definition of body corporate is:
“body corporate” or “corporation” includes a company incorporated outside India, but does not include—

(i) a co-operative society registered under any law relating to co-operative societies; and

(ii) any other body corporate (not being a company as defined in this Act), which the Central Government may, by notification, specify in this behalf.
Since the definition is inclusive in nature, can it be said that local authority is covered in the def of body corporate?

Sir,
A gst registered regular dealer tax liability and ITC claim statement summary download in gst portal in 20-21.
Itc claim as per gstr3b rs:12,50,000/-
Itc claim as per gstr2a/gstr2b rs:10,50,000/-
Question:
Dealer itc claimed accounting books entry invoices only rule 36(4) not followed
2.itc excess claim procedure calculated 36(4) rule.

My propritor ship GST firm has turnover of 22 lakhs during FY 2020 - 2021.and net profit is 1%• is Tax audit applicable in this case? Please reply?

Dear sir,
Turnover of Rs 50 Crores is to be seen last year or any year.
If we have not issued any E invoice can we issue E invoice of April and May Month now.

I am Practicing as Company secretary since 2017 from my self name. I want to register my firm(Proprietorship) that is why i want to know about Proprietorship Firm Name Approval from Council, Form/s to be filled and procedure to sent to Institute(online or offline).

Dear Sir/Madam,
I created a data file and made entries for FY 2020-21 (E:\2020-21\data\10000) and also created another file and make entries for FY 2021-22 (E:\2021-22\data\10000) Both are the same company. How can i merge 2020-21 entries into FY 2021-22. Please guide me.
Thanking You
D.Ravichandran

What is TDS on purchase to be effective from 1/7/2021.who will deduct TDS? Who is eligible?

Dear sir

I am recently register under GST for lucky travels agency .
And I am purchased Car Maruti baleno and attached the same in a customer place for pickup and drop his staff member .

I need to generate invoice on monthly basis of rs 35000 + GST
So my question is hear can I used ITC which is available in my credit ledger (at the time of purchase of car)

So can I used above ITC ??
I have only one car

Sir,
Confused What is the difference between sec 194q and sec 206(c) in it act and applicable assess in it act.

Respected Experts,
Kindly let me know that if a person performs his job (Work from home in India) for a foreign company situated in Thailand and till COVID-19 he is allowed to work from India only and his salary if deposited in Thailand and remitted to India which he can withdraw from HDFC bank .
Will he or his employer is required to take permission under FEMA 1999 or any other Act for the above ?
Thanks in Advance