I am existing taxpayer in UP VAT . ALSO I am registered in GST. My annual turnover is below 20lacks so how can I CANCEL my GST REGISTRATION . because my business is in exemption limit kindly Help.

Dear Sir,

My doubt is that whether a customer can deposit direct cash into the company account (Automotives Pvt. Ltd) rather than by Bank Trf.. what is the treatment.

please answer my query as soon as possible.

payment made under RCM by GTA be available to adjust in subsequent month liability?

Dear Sir,

Please take a note that, i am freelancer and earning of Rs. 15,000/- monthly.
Please guide which ITR file for income Tax return.
i have only one income source

i am waiting your reply.

Regards
Rajnish

Dear sir,

I need guidance on applicability on TDS on advertisement payable to foreign entity.
whether 20 % tds deduction is applicable.

What if any person opt for gst whose turnover is less than 20lakhs
Is there any drawbacks or any benefits with him
Please answer

Case. TDS was deducted @ 1% u/s 194DA on total proceeds of Life Insurance Policy.
Q1. Are the proceeds taxable? If yes, to what extent it is taxable.
Q2. Will the premium paid for which we didn't claimed any deduction u/s 80C will be allowed to be deducted from such maturity amount before being taxed.

Dear sir,

Registered Manufacturing company are eligible to take INPUT tax credit on not on freight charges (inward freight- raw material & outward freight - finished goods) paid in RCM basis
please provide the details.

Thanking You,

Dear Sir,

We deposited TDs on Contractor - corporate account wrongly instead of TDS on contractor Non corporate. of Rs 1000/-

Can we adjust the same amount TDs on Contractor Non Corporate which was paid tds on contractor - corporate

Urgent reply would be appreciated to us

DEAR SIR,

WE ARE THE IMPORTER AND TRADERS IN KOLKATA BASED. WE IMPORT FABRICS FROM CHINA AND SELL IT IN LOCAL AND INTERSTATE MOSTLY. MY FIRM IS AUDITED EVERY YEAR. OUR SALE IS MOSTLY CASH SALE TO A UNREGISTERED BUYER. MY QUESTION IS WHAT IS THE HIGHEST SINGLE INVOICE VALUE ON WHICH WE CAN ACCEPT THE CASH FROM THE CUSTOMER.

I WOULD BE VERY THANKFUL AND GRATEFUL IF YOU FURNISH ME WITH THE INFORMATION SOUGHT ABOVE.