Sir / Mam
I am a trader of truck tyres and doing my business nearly with 7 transporters by the following two nature,
- We are selling the new tyres to the transporters / customers.
- On behalf of our transporters / customers, I get the old tyres from them and send to a Retreading Company for tyre Retreading purpose. Then, that Retreading Company issues service invoice to me with GST.
Here, the 7 transporters are hiring their trucks to a GTA.
So, GTA requests us to issue the invoice on it for selling of tyres to the transporters by us.
Q.No.1 - Can I do it like that under GST?
Q.No.2 – Can I avail the GST on retreading charges and pass on it to my customers?
Q.NO.3- Will the Tyre retreading service come under Job Work? If yes, plz advise me what to do further

Thanks in adv

What happen the member sold all the shares to other and exit the company. Then what happen to ledger folio number of the company Register?

Dear Sir,
We have made import of Euro 914.14 as per bill of Entry Rate of Exchange Rs.86.90 and we have paid Rs.20177/- towards IGST.

EURO 914.14X86.90=Rs.79,439.00
Less: IGST Rs.20177.00
Net Party Name AC Rs.59,262.00
In Tally
Purchase-Import (GST 18%) Ac DR.59,262.00
IGST 18% Input AC DR.20,177.00
To, Exporter AC CR.79,439.00
Please advice, is this entry is correct?

Dear Sir,
We are a manufacturing Company. We have received some Delivery Challans for Job Work and we have entered all the delivery challans in our Books via Receipt Note.
My query is that, whether we have to record such Bills in which we are only Consignee and not buyer. I mean to say Consignee Bills means such Bills in which we are just receiving the goods and buyer is different.
and if no, then whether it is necessary to record delivery challans as well.

Required to know what is the transfer no. in the back side of the Share certificate in the SH-1?
If i need to transfer the part of the shares to some other how can we fill the transfer no. in the back side of the share certificate.

SIR I HAVE A CLIENT WHO HAVE A LOSS OF MORE THAN 1 CRORE FROM F & O BUSINESS AND PROFIT FROM OTHER BUSINESS WHICH IS WATER AND BEVERAGES. HOW CAN I SHOW BOTH BUSINESS IN ONE ITR. IF I AM SHOWING F & O LOSS IN ORDINARY BUSINESS AND WATER PROFIT IN 44 AD THEN IS IT CORRECT? MEANS CAN I SHOW TWO BUSINESS ONE IS ORDINARY LOSS AND SECOND IS 44 AD IN ONE ITR?

Namaste sir,

1) The government guidance value of Flat
at Bangalore is Rs 40 lakhs

2) But iam purcharsing Flat for Rs 25 lakhs

3) Since govt guidance value being 40 lakhs i need to register the flat for Rs 40 Lakhs by paying stamp and registration value for Rs 40 lakhs.

Now does NRI TDS should be calculated for Rs25 lakhs or Rs40 lakhs.

Because seller of the flat is NRI who lives in America

Regards
Narahari

When GST Registration of RWA is mandatory ?

Our collection is Rs. 50,000 per month ( Rs. 500 × 100 members/houses )

original return filed date 31.12.2021 AY 2021-22 with disclose business loss to be carried forward 50000

after that return Revised u/s 139(5),date 28.03.2022 with disclosed loss to be carried forward 55600

now we get a notice u/s 143(1)(a),loss cannot be carried forward due to return filed date is 28.03.2022 after the due date 139(1).

so i want to ask that loss can be carried forward or not

Incorrect claim u/s 143(1)(a)(ii)
PART-BTI

In Schedule Part B-TI, Taxpayer cannot carry forward current year loss except House Property loss if return is filed after the due date allowed u/s 139(1)

Dear Sirs,

Whether penalty against non-linking of Aadhar with PAN is still under consideration and shall be exempted?