Error of exemption under sec10(5) is not permitting to file return at Verification stage (while uploading .JSON file)
It gives error " Kindly restrict exemption under section10(5) to LTA under salary as per section 17(1)
However if select "other " with comment as" cash vouchers in lieu of LTA" verification is done with no error.
should I file return.
Grievance already raised in IT Portal.

Dear Sir / Madam,

Mr A started new venture of dealing in Tshirts. He purchased 150 t-shirts. The seller showed the entry in his GSTR1 against GSTN of Mr. A.

On the occasion of 15th August, Mr A printed his material on T-shirts. He distributed around 135 shirts as free samples as advertisement of his business. He was able to sell 5 T-shirts. 3 T-shirts got damaged and 7 remained in hand.

Now my queries are as follows:
1) Can Mr A claim ITC on the 135 T-shirts distributed as free samples? If No, how to show this ITC in GST return??

2) Can he claim ITC on 3 damaged T-shirts? If No, how to show this ITC in GST return??

Kindly guide me,

Regards,
Suraj

Dear Experts,

Can a small company hold more than two Board meetings in a year ?
And gap between two Board meetings should not be lass than 90 days as per provision of section 173 must be complied with in such case also where company keeps four Board meetings in a year ?
Kindly clarify the provisional requirements.

Thanks in Advance

A private limited company has secured ship repair services contract from its client. As Notification 2/2021 central tax (rate) dated 2-6-21 is applicable to company, it will charge 5% GST on repair services provided by it. Now, the said company desires to subcontract some of the work to another service provider so as to complete main repairing work in time. Can the said sub contractor charge same reduced GST rate of 5% to the company who is main service provider ? Moreover, will situation change if main service provider company purchases goods and material needed for repairs from supplier and ask supplier to charge only 5% GST on supplied goods? OR else the company will have to claim refund of ITC as inverted rate duty structure u/s 54? please reply with legal clauses of GST as soon as possible

I filed ITR-2 today. The preview was all fine. But after filing when I downloaded the filed ITR, the Schedule Capital gain had almost all the pages missing. Section A,B,C, & D were missing. Just the last page in the Schedule with section E and F was there. I had a LTCG this year on sale of land against which I made an Investment in 54EC bonds thereby making the LTCG as NIL. Since those pages are missing so obviously all the Property, Sale and Investment details were also missing. Although it did not make any effect on my Taxable income and Refund due but the dept. can hold me responsible for hiding information. I revised my Return twice therafter but the same thing happened. What should I do? I had already written a mail to them but I have heard that no one is getting replies from the dept.

Note that We have just start New business in west Bengal after got GST Number
Suppose ABC Ltd. Company (intrastate) send a machine (vide Delivery Challan) repairing job purpose to us which value Rs. 150000.00 , After complete our JOB WORK we return the Machine for DELIVERY CHALLAN according to this format BILL To ABC LTD. (Principal Employer) and SHIP TO XYZ LTD. ( principal Employer selected Party) intrastate & after few day we generate Labour Charges(SAC Code) Bill Rs. 11500.00
Can Eway Bill Gererate in this situation because we hear that Eway Bill exempted for Job Work purpose in West Bengal. Note that we send machine to principal Employer selected Party not to Principal Employer

Dear Experts
Subscribtion fees received by the club is exempted on the pricniple of mutuality. Suppose the assocaition receives Rs 2 lakhs in total as subscribtion from all the members every year. And it has an accumulated deposit of Rs 5 lakhs. Can this 5 lakhs deposit be donated to a 12A registered trust.

Please guide

What is the tds rate for earth testing??

Dear Sir,

NHM (Ministry of Health & Family Welfare) had paid legal fees to Advocate. As per Supplies of services under reverse charge mechanism:
S/ No. Description of supply of Service Supplier of service Recipient of service
3 Legal Services by advocate An individual advocate including a Any business entity
senior advocate or firm of advocates located in the taxable
territory
Please advice, whether reverse charge paid by NHM. If yes, fresh GSTN for the same as normal taxpayers.

Thanks

Dear Sir ,

we have booked sale of x amount in a year and also received pymts for the same . But the same is now in court as some dispute has arrived on the sale transaction . in a scenario we may have to return the sale proceeds also , if we loose the case . But the case proceedings may take years .

hence want to know , if we are liable for paying income tax on the Sale income or can we make provisioning of the same , citing case reference .

can we make some percentage provisioning ?

pl call back asap... advise .

thx