IS RCM PAYABLE BY ME ( AS A RECEIVER OF GOODS ), IF GOODS ARE SENT BY SUPPLIER AND DELIVERED BY AN UNREGISTERED TRANPORTER . I USED TO SHOW ALL INWARD SUPPLIES LIABLE TO REVERSE CHARGE IN GSTR 3B TABLE 3.1d and claim ITC THE SAME MONTH IN TABLE 4.3 . WHILE FILING GSTR 3B SYSTEM SHOWS VARIANCE IN ITC CLAIMED, BUT I HAD PAID THIS RCM AMOUNT THROUGH CHALLAN AND THEN I AM CLAIMING IT.

MY QUERY IS :-
1. SHOULD I PAY RCM ONLY WHEN THE INVOICE IS UPLOADED BY TRANSPORTER ? MANY TIMES THEY DON'T.
2. FOR EARLIER PERIODS I HAD FILED GSTR 3B WITH VARIANCE OF RCM INPUT AMOUNT BECAUSE WE HAD PAID RCM . NOW AS DRC 1C NOTICES WILL BE ISSUED IF ITC IS CLAIMED IN EXCESS . SHOULD I AVOID CLAIMING ITC ON RCM ?.

if bus body purchase from manufacturer tds applicable or not please explain

Can belated payments of emloyee's share of contribution towards PF and ESI disallowed u/s 36(1)(va) for the previous financial year 2021-22 be allowed as deduction in FY 2022-23or will it have no relevance in the tax computation for the FY 2022-23? Kindly clarify

Thanks in Advance

Sir,

How to show Reverse tax on advocates services received in GSTR-1??

One of my client, a salary-holder, took loan of Rs.10.00 lac from one of his relative @ 5% interest and deposited the same in Bank as FDR (earning 6% interest). Whether my client can set off the interest paid on loan with Interest received from FDR ?

Dear Sir,
1 A company is using the building premies under leasing contract with the state govt transport department.
2 This state govt transport department is raising the electricity bill to this company with gst components.
3 The EB payment is remitted to the state govt transport department, not to the electricity department.
3 The query :
Whether the company needs to deduct the TDS under section 194C?
pls confirm

Can we carry forward unclaimed TDS in updated return to next financial year?

X company is a small company; however, it holds more than 20% shares of Y company which is not a Small Company, whehther the company X is required to prepare cash flow statement and CARO is applicble on company X.

is it necesarry to qualify non compliance even in non corporate assessee or tax audit reportalso .if yes then how quantification will be done because qualification without quantification has no value

Dear sir,

Plase advice me whether cost of ms iron,ms angle etc for making roof for material storing in the production floor should be capitalised or not.If yes please suggest correct account name for it