Dear Expert
if Turnover for FY 2018-19 was only Rs 1.25 Cr. and i have filed belated GSTR-9, and portal was not calculated late fees.
now department demanding late fee on delay filling GSTR-9,
what is the legal positing, am i liable for pay late fees or not

Dear Experts,
1 A company is remitting the payment to the private insurance company towards the policy premium for its vehicles.
2 Pls explain the TDS implications on this payment?

Can Anyone let me know the purpose code for inward remittance received from overseas buyer (billed to overseas buyer) for goods ship to India from India.

Hello, can anyone help me understand which ITR form I should file? I am a freelancer providing services like content creation, digital marketing, web development, and blogging to clients.

Should I opt for 44ADA, 44AD, or ITR-3?
This question is crucial because there isn't specific information about this on the Income Tax website, and many of us might be filing the wrong ITR.

SIR

KINDLY HELP ME IN LETTER DRAFTING WITH A REQUEST TO GST HIGHER AUTHORITY FOR COLLECTING THE PAYMENT FROM BUYER, WHICH HAS ALREADY BEEN DELAYED.

TREAT IT AS MOST URGENT

THANKING YOU

KAPIL BHATIA

We have a Hostel. Sometimes the bookings come through Makemytrip. So I would Like to know how to do the entry of it in Tally as Makemy trip deducts TCS,TDS on the Taxable value, Comission, Tax on Commision after which we get the Payout. I can't figure out how to do entries of the TCS or TDS on the Tally as well as how to set it off monthly.

If Registered person incurred personal expenses ( not business expenses) covered in list of RCM , Does RCM is required to trigger on such transactions?

I am self employed, live in Delhi and I file zero ITR

In November 2020 GST Intelligence team raided my home in connection with GST evasion of around 50 Crore. Then I found that someone else had created a firm on my pan. I gave my statement and filed a police complaint next. They did not find my involvement or evidence against me so since then I never received anything from them.

In 2021 and 2022 I received summon 131(1A) from Income tax, I went to civic center, recorded my statement , submitted affidavit.

Since then I am getting notices from income tax frequently and I am submitting their replies on income tax website. In June 2023 they gave me demand notice (221) for 23 crore payment and Now they have attached my saving account.

What Can I do now ?

Thank you

Dear all,

Our company gives advance to the employee to meet expenses incurred at the branch.
Nature of the transaction includes fix payment to labour contractor,rent ,electricity ,water,food ,stationery purchase,internet service ,mobile expenses etc..

Post payment employee prepares a voucher and sends the same to HO for accounting against advance payment.

Some of the expenses attract TDS as well.

Now my question is, Do we as a company need to deduct TDS on such reimbursement?

Regards,
Ravi Konda

Can gratuity be paid through rtgs or dd?