Received Issue with Refund Intimation u/s 143(1) 15 days back but at income tax portal "Processing Completion" still showing pending. Please guide but to do. Profile/bank and everything is up to date already.

A person say "x" is carrying on business of providing passenger transport service through AC/Non AC buses. All the ticket sale is coming from e commerce websites like redbus, paytm, ibibo. As per latest amendments, in this case e commerce company will have to pay, deposit GST on behalf of "X" . The question is whether "X" is now required file his GST return or not. If not, how will he able to satisfy GST department that his GST liability is being paid by the e commerce website company?

Thanks in advance.

Dear All

I am providing hotel and restaurant service in same premise with room tariff of Rs 2500 per night.

What is the GST rate for both hotel and restaurant service?

Can i utilize input tax credit of hotel against output liability of restaurant?

Thanks & Regards
Nirmal

Respected Experts, I am facing below problems while filing GSTR 3B :-
1) We have taken GTA Service from 2 Registered person, one has filed their return resulting showing in our GSTR 2B, but other one has not filed their return.
MY QUERY (1) : Should I paid RCM on non-filed Freight also, if yes, when I increase liability, there is no issue, but when I increase ITC, tiles become RED.
MY QUERY (2) : Material dispatched by party on dtd. 30-07-22, but we received on 03-08-2022, where should we show this ITC as it is reflecting in our GSTR 2B.

Humbly request to all the experts, pls guide us how to face these difficulties.

Sir,
My client had not filled his Income tax Return for F.Y. 2020-21, now he want to file using ITR U facility.
But there is additional tax liability under ITR U facility, please clear whether additional tax liability have to pay in cash even if tax liability is equal to or less than 12500/- as 87A rebate amount.
Please guide and oblige.

If a person wants to make trading in stock market his business and he gets money from different people who like to invest in his business. He further wants to invest this money in stock market through his demat A/c then which type of entity should he incorporate and what are the legal compliances if any he needs to comply?

Hello,

How should one file income tax on amount received from foreign company outside India.
The amount is being transferred as NEFT and there is no form provided by that employer apart from payslip.

Should I just be calculating overall amount received and show it in income from other sources and pay tax according to my slab.

Note: Employer confirmed verbally that there is no tax deducted in foreign country. So there won't be any tax credit. There is no official document to prove this.

Thanks in advance.

I am a Mentha oil dealer. From April to May month i purchased mentha oil of Rs 15,00,000 and sold mentha oil of Rs 12,00,000. I paid taxes on 12,00,000 on forward charge basis. now my query is mentha oil is covered under Reverse charge, i had to pay taxes on 15,00,000 and Claim ITC On that in April to may month. Now what i can do i paid taxes on rs 12,00,000.whether i need to pay taxes on 15,00,000 again that will impact my working capital. please suggest me....

Whether Tax Auditor has to check investment declarations/proofs received from employees of the auditee ? What if the auditee does not share the details as the payroll activities handled by third party & details are not available with the auditee?

while filing the Form26qb in case of joint buyers, what should be value in box where "total value of consideration(property value)"? Whether it should be complete value of property or only the share of the buyer?
Example:- if property have is 1.2Cr and 50% share for 2 buyers, what should be value in "total value of consideration(property value)"