XYZ(Manufacturer) supplying goods to customers on payment of GST. Subsequently, goods are supplied on FOC basis, 1) During warranty period if found defective or damaged or 2) After warranty period if found defective, damaged or short supplied. a) Whether XYZ is required to pay GST on goods supplied on FOC basis under both the situations i.e. before and after warranty period? b) How to arrive at the value for FOC supply c) Whether proportionate ITC is required to be reversed if GST is not required to be paid on FOC supply?

Is rent agreement is mandatory for hra exemption.
I found reference on site :
https://www.caclubindia.com/experts/is-rent-agreement-is-mandatory-for-hra-exemption-1119349.asp

But I want to check if it still holds true ?
Do we need to submit Rental Agreement mandatorily for claiming HRA ?

Hi,
I am about to start running an online business wherein I deliver curated dry snacks, juices and fresh fruit. In my own companies larger packaging I will be inserting snacks from other companies which have their own separate packaging.
My annual turnover is not more than 20L but I read that I still need to charge for GST because this comes under an e-commerce business.
What would be the HSN for my product or how much GST do I charge my customers?

one of my client, whose status is huf, got partition totally and a registered partition deed is executed. The problem is how to report total partition in the ITR 3 for asst. year 2018-19 and how to get recognition order of division of huf under sec.171 of IT ACT

Sir Please clarify the following Question
1.If a company deal only EXEMPTED SUPPLY, and the company purchase machinery (Capital Goods) then the company eligible to claim ITC in single shot, or claim ITC over the life of 5 Year?
2.If a company deal only TAXABLE SUPPLY, and the company purchase machinery (Capital Goods) then the company eligible to claim ITC in single shot, or claim ITC over the life of 5 Year?
3.If a company deal PARTLY TAXABLE SUPPLY AND PARTLY EXEMPTED SUPPLY, and the company purchase machinery (Capital Goods) then the company eligible to claim ITC in single shot, or claim ITC over the life of 5 Year?

what is the TDS on HSN code 998719 - Maintenance And Repair Services Of Fabricated Metal Products, Machinery And Equipment ??

Dear Sir

We are remitted tax through cheque .
By mistake we remitted TDS challan instad of Self assessment tax challan.
Is it possible to rectify TDS Payment challan online?

Sir I have booked a residential property in joint name with my mother before marriage and made an agreement for sell with the builder for the same and paid the money of my part by cheque. At the time of executing sale deed, the sale deed was executed in the names of my mother and wife and I stood as the confirming party in the sale deed since my name was there in the registered agreement to sell. Can I just pass show the same as gift to my wife by making a notarized gift deed?

Dear Sir,
I want to sell a property which i have inherited almost 20 years back and want to buy an another property immediately. My query is will it attract any capital gains if i can save some amount out of these transactions. If yes then what will be the calculation. Is there any way to avoid tax liability.if any. Look forward to an early response from kind hearted experts as well.
Thanks & regards

Hi sir,


Can you please provide the relevant web address for Ipcc reprint letter..........