We received advance from our customers against supply of goods. Later the goods are not supplied and deal was cancelled. The amount received as advances was forfeited. What is the implication of GST on such advances forfeited?

Dear Experts,

We show Provision for Audit fees every year on which TDS is deducted and paid and Audit fees is booked in P & L , if in case the payment against the provision is not made for more than one year can we disallow the Expenses, if yes under what section.

Kindly provide your expert advice.

Thanks & Regards

Dear Experts,
35th GST council has announced the date extension of R-9 but there is no any official notification from cbic yet.
If you have the same...Pls let me know...

Thanks
Karan

Please describe what is the difference between income 44AD and normal return.

HELLO SIR,

MY CLIENT IS TRANSPORTER THEN I FILE THE IT RETURN ITR 4 SEC AE,
MY QUESTION IS HE HAS OWN TWO TRUCK CAPACITY 22 MT AND ALSO TAKE OTHER MORE THEN 4 VEHICLE ON PARTICULAR TRIP ONLY, SO I SHOW 2 VEHICLE OWN FOR 12 MONTH ,
BUT OTHER VEHICLE I NEED TO SHOW & HOW I CAN SHOW IN THIS FORM,

Is it necessary to pay TDS on property purchase before sale deed? . It is required to write tds challan details in sale deed?

Hi,
We supply MEIS licenses the entire process for license application is done inhouse that is no outside consultation is taken and therefore we do not avail any itc on such service.. However now when i have applied for refund against exportrs the assessing officer is asking me to reverse proportionate ITC on such licenses sold .Sale of license is an exempt supply. and we are not availing any ITC on aqusition of such license. How can i convince the AO. And what would be the relevant sections which state that ITC on exemt services are ineligible.

I am getting the following error:

"please ensure that the total of the deduction u/s54 match the same in table D in schedule CG"

I am facing this error while filling ITR3. I have the amount of capital gain, deduction claimed u/s 54 and table D in schedule CG - all are same but I keep getting the above error and I am unable to generate the xml to file the return.

please help me to correct the error

A cinema production company Charged with another institution to show the cinema to other state. The company paying some % of amount to the institution. what is the TDS liability, section & rate

A Cinema production company releasing their cinema in with in the state Inter state overseas & satellite rights. And the got music right from these sectors also. What is the GST liability & HSN/SAC Code