Dear Sir,

We have taken registration of GST in FY 2024-2025 for GTA services and opted for FCM basis and now we have not filed declaration in Annexure V for FY 2025-2026 so can I file now and also confirm if not filed what will be my default option whether it is RCM or FCM.

Please help

Thanks & Regards
Lingam

I have one self occupied residential property. I also have one commercial property an office space which I was unable to rent last financial year but I paid municipal taxes and also maintenance charges to the society .

Do I show this commercial property as deemed to be let out and show fair rent as annual value though I have not received any rent in the last financial year and show it in income from house property?
Thanks.

if assessee filed return of income of salary for a.y. 2024-25 in old regime so in a.y. 2025-26 we need to file return of income having business income (only remuneration and interest from partnership firm) so we need to file form 10IEA? if need to file then opting out option is auto selcted insted of re-entering in new regime.

Sir,
I had worked with a company for 10 years and 6 months. After t years of leaving the company , i have withdraw my PF that is Rs.1904454. Now my question is either the PF income is taxable or tax free

In Schedule OS/ Schedule EI, the amount of dividend income mentioned is cannot be more than the dividend income reduced from Schedule BP;#;Kindly ensure that dividend income mentioned in schedule OS or schedule EI should be equal to dividend income reduced from Schedule BP.

Whether Valuation report from Approved valuer is necessary while filing income tax return at the time of sale or Market value as on 01/04/2001 shall be directly taken?
As Income tax department shall only consider valuation by government approved valuer as per section 50C, so whether valuation report done by valuer as per the request of assessee is necessary as per income tax act?

What is the SAC code for matrimonial website services and how much is gst percentage?

An excess amount was mistakenly entered in the IGST column and it was auto adjusted against CGST and SGST. Should the amount be reversed from IGST itself or can it be reversed from where it was used?

Dear Members,
I am registered under GST since, I receive rental income from place rented for commercial purpose. I have received a notice from PT Department to register in PTEC/PTRC. I am not involved in any business/profession income should i register under PTEC?
I am registered in GST as proprietor since there is no option for individual
Please Reply

We are a hospital with more than 4,000 employees. Our institution is already covered under labour laws, including ESI, PF, and the Payment of Gratuity Act.

Our management is exploring the option of outsourcing some departments, such as the hospital canteen, to an outside agency. That agency may employ fewer than 10 people. The proposal is that since the contractor has less than 10 workers, they will not contribute to ESI, PF, or gratuity for their staff. Payments would be made to them on a contract basis.

We need clarity on the following points:

Since our hospital is already covered under ESI, PF, and gratuity, will the canteen workers (contract workers with fewer than 10 people) also fall under the coverage of these Acts?

Does the size of the contractor’s workforce matter, or does the fact that they are deployed within our covered establishment automatically make them eligible for ESI, PF, and gratuity?

In case the contractor does not comply, will the liability fall on us as the principal employer?

Your expert guidance on this matter will help us advise our management properly.