Sir,

I would like to clarify some doubt regarding Manpower supply
Whether RCM is applicable to Manpower supply is providing by a Proprietorship Firm whose turnover is below 20 Lakh but they have registered with GST ?
While the service recipient is Central Govt & PSU ?

My client had LTCG income in AY 2013-14 but by mistake he had clamed the income in AY2014-15, which was duly assessed U/s 143(3). Now the client has received notice u/s 148 for AY 2013-14. is there any case law or relevant section that will assist in this situation. since same income can't be claimed in two years

Dear Sir,

We export the material from our factory and from our factory port distance appx 10 km.

our question is here we want to billing on 31.12.2021 on bill no 001/21-22 and dispatched the above material to port in three part (on 01.01.2022, 02.01.2022 & 03.01.2022) against invoice no. 001/21-22 of 31.12.2021.
for the same we prepared only 1 invoice and also commercial invoice is one.

can we follow the above and above process is correct ?

kindly guide us.

You are requested to kindly share the HSN and rate as well for selling painting, mural, sculptures, moulds using FRP.

Thanks in Advance.

Respected Sir/Madam,
In case of appealing to GST Authority (First Authority) what is the amount to be deposited since order was passed for non filing of GST return and GST number was cancelled.

IN CASE OF CO OPERATIVE SOCIETY IN ADVERTANTLY DEDUCTION HAS BEEN TAKEN IN 80P(2)(D) INSTEAD OF 80P(2)(B) DUE TO WHICH DEMAND HAS BEEN RAISED BY OFFICER, WHAT TO DO IN THIS SCENARIO?

SIR,

We have partnership form & also registered under GST
My turnover is Rs. 5 crores and we have filed NIL gst returns
My query is GST tax liability is applicable or not ?
Please help my query

Sir,
A partner ship firm working in two doctors.
Remuneration and interest paid two partners.
If professional fees paid to two doctors (sec 194j) and one partner staying (residence) hospital principal palace.
Question:
1.rent collected from one partner accepted in it act.
2.professional fees paid to two doctors accepted in it act.

i purchase new Flat of 1.75 Lakh. By Bank 40 lakh payment to seller on 10th Nov & 20 lakh payment on 14th january.

Now any interest is applicable on 10Th Nov payment Rs.40 Lakh ? it is under the limit

please guide

Read more at: https://www.caclubindia.com/experts/

Facts of the case:
I invested in a housing project being built by a private builder to get a residential house in the financial year 2013-14.
But the builder failed to build the property as promised. I complained regarding the same to local authorities, then to National Consumer Disputes Redressal Commission and finally Supreme Court of India. The Supreme Court ordered the builder to pay interest @9% to me, which I received in the financial year 2021-22.

Query:
I am taking this interest income as Income from Other Sources in my income tax return. I want to deduct expenses from this interest income as per sec 57(iii) of the income tax act, 1961. I have incurred legal expenses and traveling/hotel expenses to fight the case in various courts in different cities every year since the financial year 2013-14. Whether I can deduct expenses that I incurred every year since 2013-14?

( As one of the four conditions under 57(iii) is that the expense must be laid out or expended in the relevant previous year and not in any prior or subsequent year.)

[Any other Expenses for Earning Income [Section 57(iii)]
Any other expenditure is deductible under section 57(iii) if the following four basic conditions are satisfied:
the expenditure must be laid out or expended wholly and exclusively for the purpose of making or earning the income;
the expenditure must not be in the nature of capital expenditure;
it must not be in the nature of personal expenses of the assessee;
it must be laid out or expended in the relevant previous year and not in any prior or subsequent year.]