Dear Sir / Madam,

My query is as follows:.
A lawyer having gross bank receipts of 58 lakhs opting for 44ADA for FY 2025-26.
Will he be liable to deduct TDS from FY 2026-27 as he has crossed 50 lakh limit, though not going for Tax audit in FY 2025-26??

Kindly revert.
Regards,
Suraj

Can I mention all invoice in Annexure- B utility or only Input Invoice is sufficient for IDS refund.

I am a GST-registered hotel providing room accommodation services. Both my B2B and B2C supplies are made through an E-Commerce Operator (ECO) such as MakeMyTrip. How can I determine whether these supplies are covered under Section 9(5) of the CGST Act? If the supplies are covered under Section 9(5), how should they be reported in GSTR-1 and who is liable to pay GST? If they are not covered under Section 9(5), in which tables of GSTR-1 should I report the B2B and B2C supplies made through the ECO?

I have received a notice for gstr7 vs gstr3b mismatch
I have shown all the sales transactions as b2c how to reply please help

Sir, we also sell cold drinks in our shop. When we purchase them, a total of 40% tax is charged (28% GST and 12% Compensation Cess). We take input tax credit of both the 28% GST and the 12% Cess. At the time of sale, we report and charge 28% GST and 12% Compensation Cess in our GST returns. Is this correct, or am I doing something wrong?

I am in process of buying a property where the source of funds will be my equity shares, funding from parents and home loan.
My parents would be selling their equity shares for this. However from what little I understand that they can alternatively gift those equity shares and then I can sell them from my demat account and use those funds to buy the property. With this route I wanted to understand what are the tax implications, will I be able to claim deductions under section 54f (or equivalent under latest tax laws)?
Appreciate your comments please.

If due to any reason, I could not prepare/issue e way bill against a sale before 20 days. What is the solution. The said sale bill is already shown in my GSTR 3B return. May I issue eway bill now ? What will be the consequences ?

Sir, I would like to ask whether we are still required to reverse GST (ITC reversal) on exempt sales if we report both taxable sales and exempt sales in our GST returns, and also disclose exempt inward supplies in GSTR-3B.

The reason I am asking is that we received a GST notice for FY 2017. At that time, we had reported exempt sales but had not reported exempt purchases. Based on common ITC provisions, we received a notice demanding payment because we had not reversed the proportionate ITC attributable to exempt supplies.

So, if we are now properly reporting exempt inward supplies in GSTR-3B along with exempt sales, are we still required to reverse ITC on exempt sales under the common ITC provisions?

Can I get both RCM and FCM facility at the same time with same GST number?

Transporter is in Maharashtra
Goods transported from karnatak to Maharashtra
Seller in Karnatak & Buyer in Maharashtra are distinct person.

Second scenario- Transporter in Maharashtra
Goods transported from karnatak to Maharashtra
Seller in Karnatak & Buyer in Maharashtra but other customer.
Transporter raise one his invoice in favour of Buyer in Maharashtra.
My view -
Raising one inv. Is wrong for both distinct person transport service.
Required one bill for buyer in Maharashtra so place of supply is in Maharashtra so, Sgst + cgst because transporter is in Maharashtra & service receiver is in Maharashtra.
And second scenario- required another inv. From transporter to infavour of seller in Karnatak
Hence Igst apply, becouse transporter is in Maharashtra & service receiver is Karnatak.
Required two seprate invoice from transporter.
This my view is correct or else any other. Please guide.