An individual & his spouse purchased a flat in joint names while they were employed and were resident in India. Thereafter they both went abroad and become subsequently NRIs. But flat in India is still lying closed and is not rented out and is in self possession only and they are not earning any rent etc as it is not let out . There is no loan and no interest liability . Hence following queries:-

1. Are they still required to fill schedule of " Income from House property " in their respective ITRs when income of house property is NIL. OR they are really not required to fill schedule at all , as there is only one property and is in self possession only. ?

2 Are both of them required to show same flat in their individual returns ( as there is only one flat ). as the flat is in their joint names as " co-owners " ,??

3. Is it compulsory to fill schedule of " Income of house property " even if there is one property and that too in self possession and with "NIL" income therefrom.???

4 Will there be any issue foreseen when they will sell this flat some time in future but are not filling schedule of " Income from House Property" of present years when they are still owners.????

Pls guide on above four points assuming that there is no loan interest to be paid .

Please tell me based on any supporting case law/notification that TCS will be applicable on sale of Dolochar/Dolachar/Coalchar or not?

Dear Sir ,
I have following query with respect of Fixed Assets. Firstly whether the following items classified as fixed assets.
if yes then what shold be the group of these items:-

Welding Machine
Welding Rod
Steam Vaccum Cleaner
Steam machine
Electric Angle Grinder
ANGLE GRINDER
Straight Grinder
Randha Machine
Randha
Randha
Electric Router
Electric Router
Electric Planner
CUTTER
Marble Cutter
Welding Cutting Machine
Marble Cutter
Heat Gun
Drill
Impact Drill
Drill
Cordless Drill
Hammer
Hammer Drill
JIGSAW
JIGSAW
Jigsaw
Carbid stone
CIRCULAR SAW
Goti Pana Tools
Carbite Bits
Finishing
Cutting Blade
Jamur
Chaursi
Stone
Blade

Board Wire
Carbite Drill Bits (Metal)
Flat Wood Bit
Hammer
Ari
Tri-square
Screw Drive





Chisel

Basuli
TCT Hole Saw
Tikora
File
Shikanja Tool
Rinch
water Level
Spanner Set 
Scissor
Carving wood tools
Carving metal tools
Inch Tap
P Band
Crane
Girder
Chain Pulley
sublimation printer
Multi Angle magnets
hex professinal drive box spanner
laser measuring tape with ruler 3
Floor fans
Exhausted Fans
Air Conditioner
Bulb
System
Laptop
board wire
Extension Board
CCTV Camera
Washing Machine
Old refreigrator
One Plus 11R 5G
Wifi Extenders
wifi dongal
Led Tv
Monitor
LED21 32 Moto Tablet
multi angle magnets
ferrite magnets
thermo camera
Led Panel lights and core wire
h tex mini magnetic spirit
Drafting Table
Air Compressor

Dear Experts,
In FY 22-23 my company purchased goods from 5-6 suppliers and claimed GST in the respective months. But, in the same year the company detected a scam in the purchase department. So, we refunded the GST through cash of some suspicious parties, but after investigation in FY 24-25 we found that some parties were genuine. Can we get GST refund in FY 2024-25? Please help me as the amount is very huge
If yes, please provide me supporting evidence like judgement, circular, section etc.

Dear Sir/Madam,

Company "ABC" is selling goods to company "XYZ".
For this, ABC is adding freight in the invoice of the goods sold.
For freight, ABC is availing itself services of freight from company "DEF".
In the invoice for sale of goods, (Basic Amount + Freight) + GST is charged (Forward charge)
ABC is required to pay freight charges to DEF.
Whether GST will be applicable in the transaction between ABC and DEF (Transporter), taking into account GST is already charged in the main invoice of goods sold to XYZ (Buyer of goods)

I am seeking advise from all valuable seniors...
Hello.. I am CA qualified in Nov 09...From 2011 i am working in a company and today my package is Rs.7.5 Lakhs...i know you all must be shocked...but due to some reasons i couldn't switch...not giving excuses....failure is failure anyway..
I have experience in Balance Sheet finalization, Coordinate with Stat and Internal Auditors, Payments of TDS,GST,Advance tax...not handling TDS just make the payment...Advance tax computation is made by me...Preparation of tax audit report data,handling audit queries resolving them...Mainly i am looking after GST of the group which has 10 registrations...monthly filing of GSTR1,3B,reconcilation of 2A/2B...filing of GSTR-9,9C independently is my responsibility...apart from this in case of any notice like ASMT-10,DRC-01 or show cause notice i have to reply without any consultant...
Now i want to switch for the obvious reason low pay package...so which course to pursue which area to chose to get a well astonished career...please suggest..

Dear Experts,
I am selling some goods to a Customer A having GSTIN of Karnataka. Here, I am raising Tax Invoice at his Karnataka GSTIN but supply is being made to another person B at SEZ, Noida Uttar Pradesh on the instruction of Customer A.
In GSTR 1, Will it be shown in 4A (B2B Regular) or 6(B) supplies made to SEZ Unit ?
Please guide.

Sir,

One of my client received 10 mobile tab as sales promotion under a credit note. This credit note specifically mentioned that it was sales promotion expense and TDS was deducted under section 194R and no GST was collected in that credit note. Then I want to provide these mobile tab to one of my customer under a credit note which was in excess of Rs. 20,000. Then I want to know whether the credit note I am proposing to issue was liable for GST or Can I issue the same without GST in the same way as issued by the supper. But I think I would definitely required to collect TDS under section 194R in the credit note I am proposing to issue. Please clarify regarding the GST Applicability and TDS

As per SL No.- (v) of MoF Notification 13/2017- “Services supplied by the Central Government, State Government, Union territory or local authority to a business entity, GST should be paid by the such business entity located in the taxable territory. The state Government has accorded (12th April 2018) to PSU its principal approval for supplying of 50 Cusec of non-potable water in bulk to from Upper River Canal through pipe line for use of its Thermal Power Plant at Gwalior. The Irrigation Department of the state Government was prepared (September 2018) the project estimate for providing 50 Cusecs water supply to thermal plant of ₹ 400.67 crore including GST (@ 12 per cent.
PSU and Irrigation department of state Govt. were entered 20th September 2020 into the Memorandum of Understating (MoU) for above work. Clause No. 2 (g) of the MoU stated that- “The consumer i.e. PSU shall pay to the Irrigation Department 6 per cent centage charges and in addition 1 per cent cess and income tax & GST as per current rates on the actual cost of works executed by the Irrigation Department at the rates that may be decided by the Government from time to time. Irrigation department of state Govt. has further awarded above work to private contractor.
PSU was released to Irrigation department of state Govt. of ₹ 200 crore as an advance during the period July 2020 to January 2024 for above works. The Irrigation department of state Govt. has submitted UCs to the Unit of ₹ 170 crore towards utilization of funds for above work so far. The Finance Department of the PSU deposited GST of ₹ 32.02 crore (@ of 18 per cent of bill value) on each demand raised by the Irrigation department of state Govt. to the GST authorities so far under RCM on advance payment of ₹ 200 crore which was provided by the Unit to Irrigation department of state Govt. for execution of above works. The Irrigation department of state Govt. and its work-executing Contractors were also deposited of GST of ₹ 30.48 crore the GST authorities (reimbursed by PSU to Irrigation department of state Govt. as per terms of MoU) for execution of above work since beginning of the above work to till date.
Kindly clarified:-
(1) Whether PSU and contractors of Irrigation department of state Govt. (both the parties) are required to deposit GST in above case.
(2) As the contractors are already deposited GST for above service. Whether, PSU also required depositing GST for above service under RCM?
(3) Whether any GST exemption available for PSU for above case.

Dear Members,

I have a query for the facts as under:
# Return was Originaly filed within due date for AY 2018-19.
# Notice u/s 148 was issued on 11.05.2022 to file Revised Return, Return was filed with same figures as per the Original Return.
# Later Replied Filed for Notice u/s 142(1).
# Assessment Order passed u/s 147 rws 144B by Assessment Unit under Faceless Scrutiny and No Addition of Income was done.
# Income and Tax in the Computation Sheet as per the Order vis-a-vis Original/Revised Return are same.
# Credit of TDS and Advance Tax is properly given

But in the Computation Sheet for Order there is Interest u/s 234B and 234C shown as payable for an amount of Rs. 1,15,901/-. Though the Advance Tax was paid correctly (above 90%) and no default was there, still there is a demand of Interest.

Query:
What is the recourse for the Demand.. As there is no Addition of Income.. Can we file an Appeal in this matter ??
Request Guidance of Seniors and anybody aware of such a matter.

Thanking You.
Viral Vora
9702556399