Hi,

we are a SEZ unit and not filed the IT return on due date but we filed audit report on due date. So IT Department says the return has been filed after due date, and hence deduction u/s 10AA has not been consider, and processing has been computed accordingly.
What are the next procedures we have to do for claiming the amount under section 10AA.

Regards
Nirmal

Dear Sir,

I want to know what are the ROC compliance need to be done for Resigning an auditor and then appointing a new auditor in Private Limited company for y.e. 31.03.2021 and what is the time limit for filing of ROC forms.

Regards,
Divyesh Jain

A clearing and forwarding agent incurs expenses like loading, unloading, repacking, transhipment, freight, demurrage and gets reimbursed from his principal. The agent collects gst and pays it each and every month too. Is the agent liable to pay reverse tax? Technically there will be no such reverse tax as he pays the gst collected from his principal every month. Still, is it mandatory for the agent to offset the reverse tax in his monthly 3B return?

Accidental death claim amount received by Nominee with Interest but the insurance company deducted TDS on Interest received u/s 194A, Under which section we can claim the exemption of the Interest amount ?, As per various High court judgments the interest amount is part of compensation and it should be capital receipt so should not be liable to deduct TDS.

Thanks in advance...

I have revised an ITR-6 for the Ay 20-21 but the below given error appears on screen
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Amount of depreciation set-off against the current year income cannot be more than Amount of brought forward unabsorbed depreciation.
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What to do now sir ?

Seller sold the goods to its customers. Now he wants to give discount to them. There was no written agreement in terms of discount. They mutually agreed that discount will be given in future on a price being decided by both of them.

The seller has issued credit note and reversed GST component of credit note.

The customer has accepted the credit note and reversed the input of GST.

Whether the department can question the issuance of GST credit note as there was no agreement of discount at the time of sale?

we gave order to someone to print stickers of our product name( say GIDPC), materials are theirs.
will TDS apply under section 194c

Goods were sold to customer by the firm at different rates for different customers. The invoice was issued without mentioning any discount. The taxable value of goods was directly mentioned on invoice.

a. Whether the GST dept. can impose any penalty that why different prices were charged from different buyers?

b. To one of our related party, we have done billing at 50% of the price charged from other customers. Whether this is allowed? The related party has further sold the goods to its customers.

Co is registered in Delhi. It has a property in Noida and Directors are residing there. AMC of EPABX is done at Noida.
The service provider charged CGST+SGST ...is it correct?Bill is in the name of company.
Co is eligible for input credit?

AS PER ICAI GUIDELINES, IF WE WANT TO MERGE 2 CA FIRMS THAN MERGER AGREEMENT WILL BE SUBMITTED TO ICAI WITHIN 30 DAYS FROM THE DATE OF AGREEMENT SO THAT INSTITUTE WILL FREEZE THE NAMES.
MY QUERY IS THAT IF WE SUBMIT THE FORM E AFTER 30 DAYS WILL IT IS ACCEPTABLE BY THE ICAI OR IS THEE ANY PROVISION OF LATE SUBMISSION OF FORM SO THAT AFTER PAYING THE REQUIRED LATE FEES THE INSTITUTE WILL ACCEPT FORM OF MERGER.