Sir
I am state government employee working is govt hospital . So every month Rs 1500 fixed conveyance allowance received to meet the expenditure incurred on conveyance in performance of duties of an office. I submit just travelling dairy to my employer but not produce any bill or voucher to my employer. So I received Rs 1500 every month as fixed conveyance allowance.
Then such conveyance allowance will be exempt u/s 10 (14) i ?

Respected sir, We are a partnership firm, we have some questions, so please clarify and help us
1- We had purchased factory land Date:- 07/08/2001.
2- We have built a factory building on this land on date:- 29/06/2003.
3- Land And Building Both A/c. are separately in books of account.
4- We have claimed depreciation on the building.
5- Revanyu Advocate will make the deed whole of the building.
6- We don't invest 54 to 54GA

Now, we are selling the factory, Can the cost of construction be merged into the cost of land? or, Can that be shown in the improvement cost? or it should be building cost as per Sec.-50 into depreciation block
Please, Give the guidance for saving the Capital Gain Tax?.
Thanking You

hello sirs and madams,
we are setting up an art gallery in our location and for this purpose, we are purchasing furniture, light bulbs, lighting fixtures etc, computer etc. We are also getting GST bills from vendors with our GSTIN number to avail ITC.

I want to confirm if we can claim and avail ITC for these purchases. Kindly let me know..

What is the cash limit for advance to employees as per the income tax

Sir/Madam,

If I have Rs.1 Lakhs ITC in books, the same was reflected in GSTR-2B.

Meanwhile my party filed return value of Rs.2 Lakhs ITC in October 2021 GST Return, in January 2022 only i have received invoice hard copies.

Can I avail the ITC as Rs.3 Lakhs (Rs.2 Lakhs Previous Filed + matched GST-2B Rs.1 Lakhs).

Please advice

Thanks & Regards
Fareed

Hello,

Assessee is an aggregator platform whereby he is giving paid membership to consumers and providing discounted Healthcare Services (Consultation/lab test/ diagnostics etc.). Services are provided directly by the Doctors and payment is collected by the platform. Platform pays to the doctors/hospital at a pre-agreed rate for each services.

Queries:

1. Whether GST is applicable on Membership fee collected, if yes under which SAC/rate?

2. Is TCS applicable on such services

3. If payment is collected directly by the Doctors/hospitals and platform them raises bill for its commission, what will be GST impact?

Thank You

I brought new radiator assembly 100 KVa EA set and gave my old one, discounted the old battaries depriciated amount from my bill, in this case whether can i get any reduction in GST rate instead of original rate of 28% or not.

I brought new 12v 150Ah Express Battery and gave my old one, discounted the old battaries depriciated amount from my bill, in this case whether can i get any reduction in GST rate instead of original rate of 18% or not.

Dear all,
My Company wishes to shift its registered office from ROC Coimbatore to Roc Chennai within the State of TamilNadu.
Can anyone tell me the procedure for such shifting. Does it require approval of Cental Government and publishing advertisement in newspaper .

Dear Experts

One Taxpayer has applied for cancellation of GST Registration and received cancellation order as well but within 3 months not filed Final Return. Now Final Return Form displaying penalty of Rs. 10,000/-. Please confirm this penalty can be waived off or not?

Further, this cancelled GSTIN can be start again or taxpayer have to apply GSTIN afresh? Please confirm.

Thanks

i found Accruals in management accounts after Accounts receivables. and they have provided ageing for the same as up to 30 days.

i have no idea under which heading accruals fall into under Receivables. can u please explain audit procedures as well for accruals