Hi sir
I want know investment options for salaried class employees especially software engineers for FY 2022-23, FY 23-24.
Thank you sir

I have one doubt about the levy of service tax on sub-contract works towards constructing branch canal/dam works around 11 km.

Let's briefly narrate hereunder for the pattern of works :

Sardar Sarovar Narmada Nigam Limited (Government Undertaking company) allotted said works to "A" who is the main contractor amounting to Rs. 750.00 lakhs (which is exempt from service tax as such works are government works), and, some portion of said works extent to Rs. 500.00 lakhs had sub-contracted to "B" who is the sub-contractor from the main contractor with executed necessary work order, wherein the liability of service tax mentioned as aforesaid works are failing under negative list and exempted from the service tax as per notification No. 25/2012, dated. 20/06/2012 . 

Now, The service tax scrutiny is ongoing and the final SCN issued by the officer alleged as you are not entitled to take any exemption benefit with said notification for aforesaid works after considering our submission of all documentary evidence and explanation as well. The main core allegation by the officer is the service tax applicable in hands of "B" sub-contractor as he provided service to a private (personal) contractor, not directly to a government company, however, the Main Contractor 'A" is entitled to get exemption of such notification as he had provided service to direct government undertaking company for aforesaid works is not for public uses such like road, airport etc. 

During the personal hearing of the such matter, the officer strictly denied the above exemption and said that the said notification does not apply to the sub-contractor even though he works canal works. 

We will make plans to reply of SCN withstand that service tax liability is exempt for us as already mentioned in the work order which issued by the Main Contractor, so is it enough or any other points require in defense to prevent such liability?

Sir, kindly guide me in this regard, your positive and speedy approach would be highly appreciated. 

Hi,
We have received scrutiny order in ASMT 10 for FY 2018-19 for the mismatch in GSTR 2A and GSTR 3B. The cause of difference is the deduction of TDS on GST by some Government Hospitals that had deducted the amount but did not report it to the GST Portal. Now, We have presented the situation but the GST Inspector is insisting on depositing the same to the department. Seeking solution from the expert on this matter at the earliest.
Regards

What is the gst rate on government contract works w.e.f. from 17/07/2022. Is it 18% on the bills raised after that date ? what will be the rate of gst for the agreements executed earlier to 17/07/2022? is it correct to say that even if the agreement has been made earlier, the gst rate applicable for the bills raised after this date is 18%? What will be the position if the works are completed before 17/07/2022 but payment received after 17/7/2022?
Can the experts throw light on this point please.....

In case of a trust, for the A.Y 2022-23, Form 10 AB was (Renewal)filed for a Trust BY MISTAKE with out filing form 10A (Provisional). Now the question what is the fate of Assessment of the trust for the A.Y 2022-23
Please suggest

AT THE TIME OF SUBMISION OF FORM 27C ERROR IS SHOWING FOR INVALID ARN FORMAT.
KINDLY GIVE SOLUTION FOR THIS ISSUE.

Dear Sir/Madam,
I have taken transfer after 2 and half year of articleship and have 92 days of excess leave from that principal.Now I am serving remaining days of articleship under other principal.At the time of completion of 3 year whether I required to served extension under my current principal or previous principal who had given me 92 days of extension?and which form I need to file...

What should be done under GST if the proprietor is no more. Proprietor is registered under GST as the composition dealer.

If the payment is for providing any CSR services to the company itself or to beneficiaries NAMED by the company, then TDS will be attracted.

(For example, if you ask an NGO to train your staff on CSR related issues, then this would attract TDS under sec. 194J). This could also happen if the company nominates the CSR beneficiary participants. 

However, if the NGO has no discretion in identifying the participants or CSR beneficiaries and if the NGO is a mere implementation partner, TDS will normally be attracted.

Please let me know your views with relevant case laws or income tax or CSR provisions, if any

Hi team,
i want to understand in Cost of project and means of finance
why promoters balance margin showing -7.46 lacs?