Eway bill was rejected by the buyer but the supplier did not cancelled eway bill and einvoice. Can new eway bill be issued on the einvoice. Please clarift?

Hello :)

I am an RNOR for PY 2021-2022 and I have sold a property in this year 2022-2023. So the TDS on capital gains should be deducted at 1% or 20%? and How is my residential status determined for this year?

Hi,

If net profit is less than 8%/6% (as the case may be) of turnover , then tax audit is applicable. (Turnover limit of Rs 2 cr).

However is there any condition that tax audit is applicable when profit is less than 8%/6% and when net income crosses basic exemption limit , else not? i.e both conditions to be satisfied?

Regards,

If a taxpayer deals in both taxable and exempt goods under the composition scheme, whether GST needs to be paid only on the portion of taxable sales or the total sales as the act includes exempt goods under taxable goods. Please share an extract of the reference or any amendment to the act.

what is Location of supply and place of supply under GST.

Mam / Sir
We are transporter having 7 Tanker trucks and hiring them. We have also the GST Registration. We are in plan to sell 3 tanks to a party.
Should we issue GST invoice ?
If yes,
Query is that as we are not able to claim the gst, why should we issue GST invoice?
advice us plz
thanks in adv

Hi All

What would be the ESI applicability if an employee getting salary with different amount due to receipt of Sales incentive? (Fixed pay + Sales incentive)

Please clarify me what a company do comply with ESI provisions on below instances.

Instance 1:

An employee is getting salary of Rs. 25000 (Fixed Rs. 20000+Incentive Rs. 5000) including Sales incentive in a month. What will be ESI contribution?

Instance 2:

The same employee getting salary of Rs. 20000 (Fixed Rs. 20000+Incentive Rs. 0) including Sales incentive in a month. What will be ESI contribution?

Is anybody can guide me in this regard?

whether computers come under Equipment and TDS to be deducted on monthly hire charges paid on computers system under section 194I.

One of our client logistic operator picked goods from Destination on Sunday morning. The dealer generated Eway bill on Saturday night 9 PM. The validity of the eway bill is 24 hours. Due to vehicle service the driver moved the goods after service. The Eway bill validity expired. The GST officials verified on the way and imposed penalty two times of the tax dues. The delivery company also holiday on sunday. The operator paid the entire penalty. Can we file appeal for refund. Please let me know the any case reference in favour of assessee.
Regards
SR

For Assessment Year 2020-2021 one condonation application U/s. 119(2)(b) was submitted to CIT Exemption Kolkata on January 2022 on 25.01.2022 it has been ask to the assessee to establish the conditions mentioned CBDT Circular No 9/2015[F.No. 312/22/2015-OT] dated 09.06.2015 and by obeying the order reply for the same was convey to CIT and till date the department is silent from their side by knocking the door of Learned CIT it has been directed to the assessee that application cannot condoned as per law but in the circular no 9/2015 its clearly state this condition "No condonation application for claim of refund/loss shall be entertained beyond six years from the end of the assessment year for which such application/claim is made. This limit of six years shall be applicable to all authorities having powers to condone the delay as per the above prescribed monetary limits, including the Board. A condonation application should be disposed of within six months from the end of the month in which the application is received by the competent authority, as far as possible" and here the case is for the A.Y. 2020-2021 so hope assessee didn’t violate this point. Again there was a refund for Rs. 196980/- computed after 15% statutory accumulation and the assessee didn’t claim any interest on belated refund also as in the notification that point also clearly mentioned "No interest will be admissible on belated claim of refunds." Under this situation what step one professional may take for natural justice?
Please guide me.