Deepak Londhe
26 August 2024 at 10:12

GST ITC on auction goods

Dear Expert,

My organisation (IT Sector) has purchased some goods from auction like Crickerter's Bat and jersey.

So my question is can GST ITC availed on these types of Goods purchase.


jaigurudev
26 August 2024 at 09:49

Wrong gst no in gstr-1

Dear sir,
i have filed gstr-1 of july2024 with wrong gst no of party and issued e way bill and generated e invoice also.now i want to correct the gst no of party please advice me as e way and e invoice can not be cancelled due to time bar
with thanks


yogesh vijaykumar shah

One of the assessee working with semi govt department who has been issued form 16 late i.e.; after 31st July, 2024. On receipt of form 16, assessee individual has filed his return of income for A Y 2024-25 after 31st July, 2024 having no tax liability. But while uploading this return, late fee of Rs. 5,000/- is charged. The return is filed with late fees payable. On processing return u/s 143(1), the demand of Rs, 5,000/- is raised. Whether, this demand needs to be paid or can be cancelled subsquently. Pleaes advise.


Rinku Datta

Can a resident foreigner invest in unlisted shares of NSE? He used to stay in the US and has US citizenship, but has now moved back to India for good. He hasn’t relinquished his US citizenship, and continues to file taxes in India and US. Also has a demat n trading account with Icici direct and actively invests in the secondary market. How easy or difficult would it be for him to invest in unlisted shares of NSE?


PRATHYUSH SHETTY
25 August 2024 at 23:12

Financial management long term debt

why long term debt is included in cost of capital when long term debt is considered as external liability?


shahzada perwez
25 August 2024 at 18:55

Int. from s/b a/c

how to make entry of interest from savings a/c in pl&b/s


Kollipara Sundaraiah

Sir,
A Doctor maintained a private hospital fees collection from patients through different electronic modes received mentioned below
1.credit card
2.debit card
3.net banking
4.upi mode
5.rtgs mode
6.neft mode
7.bhim mode
Question:
Assessess above mentioned amount received accepted and any limit provision applicable for it act.


PARDEEP KAPIL
25 August 2024 at 11:31

Corporate Social Responsibility -CSR

Dear Sirs : One of my client, a Private Limited Company earned net profit (before tax) Rs.5.50 crores for period ending 31-03-2024. I undrstand that CSR is now applicable for period starting 01-04-2024 onwards. My query is (1) Party has to spend 2 % of Net profit before tax OR 2 % of net profit after tax. (2) Should I make a provision of this CSR fund in books ending on 31-03-2024 or not. Kind Regards


vicky choudhary
25 August 2024 at 10:28

Hen politry farm registration

Sir murgi ka poltry farm ka registration ke liye kya banana parega
Gst, msme, fssai tino me registration lena parega ya or kuch pls guide me


nitin gulati

Sir

Can society registered under 12A invest in Mutual Funds as per sec 11(5) READ with Rule 17C.

Thanks





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