Dear Sir,

I own a Private Limited company and have Contract Income and also registered with GST. One of my client deducts TDS under Section 194c while transferring me the bill amount.

I have not received few tds credits in my 26AS because of which there is mismatch in my books Sales amount shown and in 26AS.

My question is suppose in my Books I have shown sales as 60 lacs and in 26AS the amount of Sales reflecting is 50 lacs (because of few bills not uploaded by counter party while filing tds return). Will there be any compliance issue for me by Income tax since I am showing more sales in the books than in 26AS.

Please help me in this matter.

Regards,
Divyesh Jain

I have made Direct entry provisional registration for CA intermediate. I have just got my last sem results but getting the original marks card will take more than 6 months can I convert my provisional registration to permanent registration by uploading last semester marks sheet attested by CA or principal and later upload the original marks card whenever I get it. And wanted to know whether I can start my articleship with last sem attested marks sheet or should I upload the original marks card to start articleship.

A partnership firm manufacturing Poha (Rice Flakes) which is exempt from GST, therefore the firm did not get itself registered under GST, has paid fees to Pollution Control Department of State Government Rs.50,000 and paid fee to an advocate for legal advice Rs.25,000.

Please advise applicability of GST under reverse-charge mechanism and requirement of registration under GST.

I am not able to file ITR5 for assessment year 21/22.In excel facility it is showing error as invalid hash value.And Jason utility is not available for ITR 5.Please advise solution

Sir / Mam

The balance sheet of a Pvt Ltd Co, shows the reserves and surplus balance of Rs.7,75,000/- at the end of year?

It means the equal amount should be in bank at the end of year?

Or

If not, It is shown as mere record to adjust the loss in future?

Kindly please advise us

thanks in adv

Respected Sir,

GST Concessional Rate to sale the goods is 0.1% instead of the prevailing rate under a particular HSN Code. The goods purchased at the concessional rate of GST should be exported within 90 days showing the concessional rate of 0.1% with HSN Code in the related shipping bill just for the sake of evidence.

If inadvertently the exporter forgot to mention the concessional rate of 0.1% in shipping bill but HSN Code has been mentioned correctly in shipping bill. Will it not be enough for taking the benefit of concessional rate of 0.1%.

Please guide me and oblige,

Hi experts

i have one quary please give me solution to me so basically TDS CREDIT AMOUNT IN 26 AS and GSTR 3B TAXABALE VALUE AND Has filed Income tax Revenue It should match with TDS credited amount or not it has mandatory or not ? please give me solution

1. We opted for QRMP. If filed IFF monthly we need to provide the transactions of the ending month of the quarter only in GSTR-1 As there was no option to provide HSN-wise summary and Documents issued in IFF, have we to provide those details for the entire quarter in quarterly GSTR-1?
2. We failed to file IFF for the month of October 2021. Have we to provide the October transactions along with November transactions in IFF_NovemberT
Please Experts, kindly clarify the above two doubts.
-Ramaswamy.T

I have made sales related to exempted services in the month of july and had paid Rs 20000 input tax. Here tax collected is nil and the input tax of 20000 displayed in 2B is not reversed and filed the return within due date. Now this amount shows in electronic credit ledger. In september also i have made exempted sale now i need to file september return where i need to reverse the input tax credit of july 20000 Rs laying in electronic credit ledger as it is pertaining to exempted sales. Will i need to pay interest 18% PA for the amount i am reversing in september

Sir ,

We have incorporated a newly company and we have registered under ESIC at the time of incorporation. Right now there is no transaction in our company and the employee are also around 2 employees .We just want to know what are the compliance to be followed in esic even there is no deduction of esic and employees.