Sir/madam,
our Engineering college received amount from IEEE for conduct of Seminars under description of "2024 cycle 2 IEEE SPS seasonal school on signal processing in medical imaging: From engineering to clinical diagnostics" IEEE ask tax invoice for this transaction , my query is if this transaction consider under sponsorship IEEE give invoice to us but those are ask tax invoice to us how to i treat it.

HSN code for this service

Hi
GSTR9 & 9C FY 2023-24
GSTR1 - IGST payable 100 ( CDNR 2 Rs. taken fy 2022-23) shown excess liability last yeast
GTR3b - IGST Payable - 98 ( March 2023 CDNR taken in April 23) less liability this year

in GSTR9 - Table 9 - Tax payable should be 100 or 98 - as payable is 100 (4N) and paid is 98 (Table 9)
in GSTR 9C - Pt III(9) - which amount to put in P and Q

Auto-populated GSTR9 shows - 98
where to show this 2rs difference in GSTR9 and GSTR9 C

Thank You

Hi

As per Books
Gross Revenue 100
Deferred Revenue 2
Net Revenue 98
Other Income- Int 10
Total Revenue 108

As per GSTR1 - 100

how to present this is in GSTR9 C - Pt II (5)
Pt (5) A - 98
Pt (5) O - 10
Pt (5) P = 108
Pt (5) Q - 100
Pt (5) R - 8- (10-2) - should be nil
where to show Deferred revenue in GSTR9C - billed in advance, GST Paid but the Net Revenue is reduced in P&L
Thank you

Hi
What is the correct method to Claim ITC in GSTR3b?

Method 1 Method 2
IGST IGST
GSTR2B 100 100
GSTR3B -
4(A) All other ITC 80 100
B) Reversed 20 40
Reversed 17(5) 10 10
Others 5 30
NET ITC Available 60 60

ITC Claimed - 60 Invoices available
Reversed - others - Invoices not available, will be claimed in the subsequent month

How to seek more time to reply/file submissions against the above ascertainment of TAX Liability.

INTIMATION RECEIVED,TODAYFriday,the,25.10.2024....SATURDAY/SUNDAY OFF...then from Tueday,onwards DEEPAWALI HOLIDAYS till 31st October,2024.

The GST Department wants reply by the same date,31.10.2024...Not possible to submit the REPLY......

PLEASE ADVISE...

THANKS

While filing TDS under 26 QB, I accidentally selected the wrong values for the fields -
1. Whether it is last installment? [I entered "Yes"]
2. Total amount paid/ credited in previous installments, if any (A) [I entered Rs.65,10,000]

I was actually paying my 1st installment and the next installment will the last installment. So, I need to correct the responses as follows -
1. Whether it is last installment? -- Need to correct to "No"
2. Total amount paid/ credited in previous installments, if any (A) -- Need to correct to '0'

Please advise how I can do this. I am aware that this will get assigned to an AO, and I may be asked to provide some documents. Could you please advice what these documents could be so that these corrections can be made?

I am worried that if I am not prepared, or there is some non-cooperation from the seller, I may have some trouble with the TDS authorities.

Thanks for your help, and looking forward to your response.

ASMT 10 was issued on 14th sep but due to some technical glitch notice missed our eyes and on 17th oct we got a reminder to file reply by 21st oct. We replied asking for extension of time through ASMT-11..but till date no reply is received and window too is closed for reply...how to reply the notice now...?

what will be the treatment in the case of individual books
when only single single ledger is maintained , then no issue but
when Fixed or current capital maintained,
the how to make adjustment of profit /Loss or other transaction,

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how to make treatment in accounts for advance paid and received in accounting and adjustment in accounting and also for tax purpose , income tax and GST.
Please reply.