Our Client is an educational institution having receipts of more than Rs 5 crores and having registration u/s 12A, but wants to avail exemption u/s 10(23C)vi.
Here our doubt is whether to file the renewal application or to file a fresh application for claiming exemption u/s 10(23C)vi because our client does not have registration for claiming exemption u/s 10(23C)vi .

Dear Sir
We are SEZ Unit in Gujarat, during FY 2020-21 we have write off Rs 40 lakhs amounts payable to our foreign creditor in dollar. Whether this action makes violation of any custom provisions ??

Sir,
If the Total Turnover or Gross Receipts of an Individual having business income more than 1 Crores and Less than or equal to 2 Crores but the Profit are lower than 8% or 6%. Is Tax Audit applicable or not?

Respected Sir.
OUT GST REFUND APPLICATION HAS BEEN REJECTED BY RAISING A DEFICIENCY AS FOLLOWS:
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GSTR 2A is not legible as it is uploaded in parts
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The concerned officer has informed me telephonically that GSTR-2-A is not visible and cant be read because you have uploaded GSTR-2-A in parts.

What to do in such situation sir ?

Please guide me and oblige me

Dear sir,
As per Sec 194Q it is mandates buyer to deduct tax @0.1% at the time of payment or at the time of Purchase value exceeds Rs 50,00,000 which ever is earlier
In our company we have manufacturing unit and we are paying electricity bill more than 50 lacks every month and deduct TDS @ 0.1%. up to this we have clarity on provision,.,
here our corporate office is also situated in same area and taken for lease rental basis from individual, as per rental agreement electricity charges will be born by lessee (i.e. company) and electricity charges bill is generated on individual name and electricity charges will be paid by company every month Rs 100000. (below 50 lakhs relating to corporate office)
here my doubt is whether TDS will deduct or not , on corporate office electricity bill (Because here electricity department is having same pan for both manufacturing unit and corporate office and electricity bill is generated on individual name).



Thanks in advance
Regards,
Bheema Reddy.

Please provide the format of financial statement as per new schedule as our auditors are asking for it for FY 2020-21 also...

Sir/Mam

I urgently require format of dissolution deed in case of death of a partner. Could you please help me out. I will be very thankful.

Regards,
Jagriti Sharma

We had sold Goods to a party in 2017-18 and 2018- 2019 . Now we received mail from GST asking us to reverse Itc as we have purchased from them. GST authorities are treating my sales as purchases. What should I do now? Please advise?

how to delete form in ssp portal which is in pending status. By mistake i opened conversion form and made a click on save and next in personal details. Now i want to delete that conversion .

Hi,

We are in Delhi as claimant of ITC claimed in excess which needs to be reversed now.

Excess ITC claimed in IGST head for which countery party did not uploaded bills in their GSTR-1 and did not pay tax in their GSTR 3B. Suppose IGST ITC was from Haryana.

Now, to reverse such ITC claimed what should be the place of supply - as DRC-03 has to be used to pay short tax paid . In this ITC so claimed wrongly in excess, has already been offset partially for local Delhi CGST and SGST along with IGST on some inter-state sales.

Now while filing DRC-03 to reverse that excess ITC, do we simply select Haryana as Place of Supply or we identify states for palce of supply and head wise GST excess offset by that excess ITC in respective months - to ensure that GST short paid now is paid correctly to respective states whose output tax was erroneously excess offset and hence was short paid at that time.

early response will be appreciated.. Thanks