Dear Experts,

We are generating invoices less than Rs. 50,000 for one of our customers.

Goods against each invoice are transported to the transporter(railways) in separate vehicles. Say five cars carrying five different invoices are sent to the transporter in 1 single day.

However, they are transported from the railway track in one single consignment by the transporter. Goods against more than five invoices are clubbed together by the transporter in one railway rack for transportation.

Query:
1. Whether the supplier required to generate an e-way bill?
2. Whether the transporter will be required to generate an e-way bill?

1. ABC Ltd. ( T/O more than 10 Cr) has entered into a distribution agreement with XYZ Ltd ( T/O more than 10 Cr). XYZ Ltd will handle, transport, warehouse and distribute the products after receipt of the products on consignment basis on behalf of ABC Ltd.
2. The Distributor, XYZ Ltd, will deliver aforesaid products to sub-distributors (both T/O more than and less than 10 Cr) and invoice the sub distributors in respect of such delivery. On the face of the invoice it is mentioned that “XYZ is acting as an AGENT OF PRINCIPAL M/s ABC Ltd”.
3. Collection: XYZ Ltd, the distributor, will collect funds on or behalf of ABC Ltd from sub-distributors.
4. ABC Ltd. will pay distribution fees to XYZ Ltd as per the agreement.

In view of the above fact kindly suggest provision of section 194Q & 206C (1h) of IT Act, 1961.

My client's GST registrations was cancelled so i had put revocation of cancellation therefore the officer had issued online notice 2/3 times in this concern but it was not attended as i had no idea to check the notice in Gst profile therefore the officer cancelled the order. When I personally met officer he says its not possible for him to revoke the application now its cancelled and asked me to appeal to High Court. This is a serious matter pl guide as my client has collected money to pay Gst and behind for return filling and payment.

श्रीमान जी उत्तर भारत में कई प्रकार की चूड़ियां प्रचलित है जैसे कांच, प्लास्टिक, लाख ,एलमुनियम बेंगल इत्यादि लेकिन एलमुनियम बेंगल जो कि दिल्ली में उत्पाद होता है उसका कहीं क्लेरिफिकेशन नहीं है पीछे वेट में यह सभी बैंगल्स टैक्स फ्री थी (बहुमूल्य धातु को छोड़कर) लेकिन जीएसटी में इसका कहीं उल्लेख नहीं है यह बहुमूल्य धातु नहीं है
कृपया हो सके तो स्पष्टीकरण दें
कस्टम एंड टैरिफ एक्ट 1985 मैं सभी चूड़ियों का उल्लेख था जो कि टैक्स फ्री हो गई लेकिन उस जमाने में एलमुनियम बैंगल नहीं बनता था तो अब जीएसटी में उसका कोई जिक्र नहीं है

Dear Sir,

I had entered into a Contract with a third party company of providing Manpower services during the service tax era. The company gave me reimbursement of expenses of PF, ESIC and also TDS.

Do I have pay Service tax on Reimbursement of TDS expenses as it does not form part of my taxable services.

The company gave me the TDS amount as reimbursement for the amount they deducted from my Sales bill. I have made the service tax payment on PF and ESIC.

Please help me in this matter.

Regards,
Divyesh Jain

what is contingent Liability and matching principle.

Journal entry of stale what should passed.
For Debtors and creditors
Received Rs. 10 Lakhs on 1st Jan. 2022 But not cleared
Payment Rs. 5 Lakhs 0n 1st Jan.2022 But not cleared
12/05/2022 what entry should be passed.

Dear Sir,

We are getting the following error while doing TDS return for the 4th Quarter.

"T-FV-2001 'Invalid Batch Header (BH) Record Length' i.e., number of fields in the batch header are not as per file format."

How to resolve this issue. Please help

Thanks in Advance

As per sec 10(10a) of IT act, commuted pension received by a Government Employee is fully exempt from tax. For non- Govt Employees, only part exemption is allowed.
My question is "Do the PSU bank employees come under the definition of Govt. Employee" for the purpose of this section?

New ITR forms for AY 22-23 is asking the pensioners mark the nature of employment which includes different options like CG - Pensioners, SG pensioners, PSU pensioners, other pensioners. (CG / SG - Central Govt / State Govt). Once it is marked as PSU pensioner, can the IT exemption be claimed for commuted pension which is fully exempt explicitly for Govt Employees only?

Can you therefore please comment / advise whether commuted pension is fully or partly exempt for us PSU bank employees?

Dear experts
Which option will select in type of deductee section like 0020,0021 while make tds payment of both company and non company in a single challan. For example we'll make payment u/s 194c there's including total 200 deductee both company and individuals. Kindly help me to clear the doubt.