I am facing an issue the value '0' of element Section80UUserType is not valid while i upload XML that have generated using the e-fill utility for defective status.

Please let me clarify to rectify this error.
Regards,
Paul

Pigmy agents of co-op Banks are unregistered service providers to Banks. Whether Bank has to pay GST under RCM mechanism on commission paid to pigmy agents @ 18 %. If so can the bank claim 100% ITC on GST paid under RCM mechanism. Bank is having both taxable and exempted turnover. Please clarify with Notifications / circulars if any.

I am working in Private ltd company and we have only one client. That client is in USA and turn over +40L. Can you please tell GST registration is must?


Please help.

Son takes Loan from father for exercising Esops, Can Son repay the amount by transfering the shares to fathers demat account? What will be tax implications?

Dear Team,
I am working in a Chemical Industry, we made one sale of Hexane to party but the party met an accident and few quantity find in good condition and remaining qty we lost. So the qty which is in good condition delivered to the party. So i would like to know how we will make accounting entry for the same.

What are the opportunities for practicing CAs and CA firms in small finance banks? Are there also panels like concurrent, internal, stock auditors in these banks? Do they do empanelment of CA firms like co-operative and nationalised banks? Also, how and whom to approach for these kind of assignments in these banks?

We have doing business under proprietorship and registered in GST.

1. We have received rental income of Residential property around 10 Lakh PA
2. And we have planning to give another commercial property for rent and further amount of 12 Lakhs per annum.

Kindly clarify We have liable to collect GST for Commercial property only or both Residential also.

What is the rental GST Rate and threshold limit.

Thanks in advance.

Sir,
Kindly provided me ITR utility for response income tax notice 139(9) for the AY2020-21

our company is importing Raw material from out of india under high seas purchase. the party (indian) clearing the goods and levy his commission and issue invoice in his name with commission on material value. commission is not shown separately in invoice but added to material value and custom dept had levied duty on total value i.e. material value and commission (which is added to material value). i want to ask that whether duty is applicable on commission also ???

Private Company was incorporated in 2018 and had not done any business till now. No E-forms are filed in ROC since incorporation. Company status on portal is active.
Can we apply for strike off without annual filings ?