When I am running FVU for 26Q it is giving error and not generating fvu file for Q3 return.

Sir a proposal for investment in another state private limited entity is planned, Investor is in one state and the investee is in another state, Investee has no tangible assets for security. Either way, short-term operation will be an accumulation of losses since the project will generate revenue after six months only, with gradually the income increasing over the years, and profit is estimated from year 1 end only. Under the circumstances, a.is the option of keeping the funds as share application money say for a period of one or two years, and then if revenue and profit starts flowing, can it be converted into equity, b, till conversion, is the fund a liability or part of the capital, c, will the losses during this period will impact the investor d. alternatively will convertible debenture route will be better even though, if there are losses, there is no recourse to recover the debt in any manner, awaiting your guidance, with regards Venkat bashyam 9944446349 ssv associaties@gmail.com

Hi,

i had taken retirement at the age of 52 and i understand that i will continue to earn PF interest for next 3 years if there is no contribution.
i have below questions.
1) if I withdraw partial amount before end of 3 years after the retirement to make PF account as operative then can i continue to earn interest further till the age of 58 years?
2) what will the tax implications on the interest earned after my retirement (52 years) ?

Thanks
Rajesh

Dear Experts,

There are 2 Companies - "H" is Holding company and "S" is Subsidiary company. As Net Profit of Subsidiary "S" is more than rupees Five Crores during immediately preceeding previous year, Section 135 (CSR Reporting) is applicable to Subsidiary Company. But it has been defaulted in paying CSR amount during the year. So adverse remarks is put in the return. My Query is how to report this point in Audit Report of Consolidated Financial Statements. As CARO 2020 is not applicable to Consolidated Financial Statements but "if there have been any qualifications or adverse remarks by the respective auditors in the CARO reports of the companies included in the consolidated financial statements. If present, Auditor needs to give details of the companies and the paragraph numbers of the CARO report that have the qualifications or adverse remarks". my doubts are 1) where exactly it need to be reported in Audit report of CFS? is it under "Report on Other Legal and Regulatory Requirements"? 2) Note about default in payment of CSR amount was shown in Notes of Subsidiary. Do we need to show that note again in the Notes of CFS?

Can an order u/s 148(d) be revised u/s 264 of the IT Act, 1961?

Dear Experts,

Can we have to deduct TDS on payment to overseas vendor ?? If yes , is there any threshold limit.

DEAR EXPERTS,

IF MEMBERS DOES NOT CONTRIBUTE ANY CAPITAL TO AOP AND PROFIT ALSO NOT SHARED BY ANY MEMBER. WHAT IS THE AOP TAX RATE ?

Sir,
How to Generate E-INVOICE for Government Works (Ex: Roads construction,pipe lines construction,and other contract services)??????????
There is no B2B transaction for this type of contracts, but e-invoice are taken ONLY for B2B transactions???
Please clarify regards E-INVOICE condition applicability on Government contracts?...
If applicable,how to generate_which means what Details need to be filled in E-invoice portal??

Suppose there is a company X, in japan who sold his product to Y in india and y paid the import duty for the product. Further Y sold the product to Z in india and made some changes in it. Can Z while exporting the product to Canada claim duty drawback whereas the import duty for the product was paid by Company Y?

TAX INVOICE ORIGINAL FOR RECIPIENT
MALIK COMMUNICATION

Deals In : New Handsets, New Connection, All Mobile Accessories, Mobile Repair & Mobile Recharge Etc.


GSTIN No. : INVOICE No. : 6
STATE : DELHI Code: 07 DATE : 10-Nov-2022

Details of Receiver (Billed to) Details of Consignee (Shipped to)
Name : Zaid Name : Zaid
Address : Delhi Address : Delhi


State : Delhi State Code : 0 7 State : Delhi State Code : 0 7
GSTIN : NA GSTIN : NA

S.No. HSN Code: 8517 Rate Amount
Description UOM Qty.
1 I Phone 6 Plus (16 GB)-Refurbished Pc 1 6500 6,500.00
[IMEI/SERIAL NO: 353287072861160]
2 I Phone 7 (32 GB)-Refurbished Pc 1 7500 7,500.00
[IMEI/SERIAL NO: 359464081669199]
3 I Phone 8 (64 GB)-Refurbished Pc 1 10000 10,000.00
[IMEI/SERIAL NO: 356703081639154]
4 I Phone 7 (32 GB)-Refurbished Pc 1 7500 7,500.00
[IMEI/SERIAL NO: 355334081541249]
5 I Phone 6 (16 GB)-Refurbished Pc 1 3800 3,800.00
[IMEI/SERIAL NO: 355394072848508]
6 Oppo K10 5G (8,128 GB)-Refurbished Pc 1 12500 12,500.00
[IMEI/SERIAL NO: 860239068901357]
7 Realme C33 (64 GB)-Refurbished Pc 1 8500 8,500.00
[IMEI/SERIAL NO: 861775065023975]
Packaging -
Freight -
Exempted Value 55,410.00
Taxable Value 754.24
Name of Transport : CGST 9.% 67.88
Vehicle No. : Bilty\LR No. : SGST 9.% 67.88
eWay Bill No. : Freight To Pay : IGST 18.% -
Invoice Value : Rs. Fifty Six Thousand Three Hundred Only Grand Total 56,300.00
(in Word)

Terms & Condition For Malik Communication,
* interest @18% p.a. will be charged if payment is not made by due date
* Goods are despatch at buyer's risk
* Subject to Raipur jurisdiction Authorised Signatory


Dear Sir/Mam, My query is in this invoice of B2C nature- What will be the treatment of exempted value=55410, taxable value=754.24 and invoice value=56300 in gstr in B2C.
Please solve my query.
thanks in advance.