Dear Experts,

One of your customers has intimated to us that they have changed theirs. They want us to update their Feb 2022 bills with their new GSTIN so that they can take the credit.

We are required to follow e-invoicing provisions under GST. So, we have already created all their E-Invoices for March and Feb 2022 which cannot be canceled now on the e-invoice portal. Further, e-way bills were also created by us. The goods have been already delivered to the customer.

Please guide how to proceed.

Dear Members,
Greeting of the day!

If a company having PUSC of Rs. 1.5 cr and Turnover of Rs. 18 cr. then CARO 2020 is applicable or not ?

Thanks!

I intend to avail a personal loan and utilise the same for my daughter’s overseas education. Can I claim the interest paid on the loan as a deduction from my income under income tax

shareholder can be related party,only if he has hold shares.

Good day, Sir/Madame. We are a manpower consultancy firm based in India (one entity) that provides services to a US corporation (another entity) (under the name of an Indian director's spouse) for the purpose of hiring C2C, W2 and 1099 employees. Is TP Audit required for Income Tax Audit or for any other reason? or just reach an agreement between two organisations and set a percentage as a margin on Indian expenses in order to boost the invoice to the US company. Could you please make a recommendation for us?

Dear Sir,

Please provide solution to a problem, A GTA Company who Currently operate under 100% RCM, Whether it can enter into forward charge agreement or contract in which it issue Taxable invoice and can take ITC on Heavy Vehicle Purchased?
If can not than what other option available to company to take ITC on Vehicle Purchased for Transporting of Goods in the course or furtherance of Bussiness?

Thanking You,

Sir,
A Gst registered dealer difference between sec 16(2) vs sec 16(4) itc claim in gst act.

Kindly let me know the procedure for LEI registration for working cap loan to be taken by a company?

we had booked salary in previous years but due to COVID did not pay in full. later on, when the management decided to pay back the deductions, the employees were not traceable as they were mostly labor class. now, can the company write-off the expense in the current year or there would be some legalities involved in it

My friend got GSTN on 2017. But he did not filed even a single return. He also applying new GST on the same PAN Card (Proprietor)as follows. They sent a notice regarding this mater.

Form GST REG-03
Business Details - Details of your Business - Others (Please specify) - The applicant is having an
inactive GSTIN 33AXEPK3164A1Z2 which was cancelled Suo moto for non filing of returns.
Please file all the pending GST returns for the said GSTIN.
You are directed to submit your reply by 28/03/2022
If no response is received by the stipulated date, your application is liable for rejection. Please note that no further notice / reminder will be issued in this matter.

After the said date, shall he apply new GSTN in his wife name?
He wants new GSTN in his wife name. Is it possible? But address is same as old GSTN. Is raise any issues in the mater of non reply for the REG-03? Please guide us.
Thanks
D.Ravichandran