Credit note received from supplier in respect of schemes passed through sale invoice of FMCG Goods to customer before charging GST and amount credited to trading account.
Department is of the view that the amount of credit notes should be subjected to GST. PL advise . If yes, how it could have been done in GST Return

I AM A MEMBER OF RESIDENCE SOCIETY UNDER NON TRADING ASSOCIAITON..
WE WANT TO MAKE A DEED OF AOP FOR RESIDENCE SOCIETY UNDER NON TRADING ASSOC..

SO, PLEASE SEND ME A DRAFT COPY OF DEED FOR THE SAME......

A assessee is having business income and for f. y 20-21 he has filed form 10IE before due date of filing return of income as prescribed u/s 139(1). Now for f. y 21-22 the return was filed late will the new regime benefit be available even if return is filed late. Kindly guide

Dear Sir,

In balance Sheet non Corprate entities format have Capital detail under
Name of Partner/ Proprietor/ Owner
"Share of profit/ (loss)
(%)"
As at 1st April 20XX (Opening Balance)
Capital Introduced/contributed during the year
Remuneration for the year
Interest for the year
Withdrawals during the year-
Share of Profit / Loss for the year
As at 31st March 20XX (Closing Balance)
So where we mention if a proprietor have some Insurance policy, PPF deposit amount. health insurance etc
please suggest

Dear Sir/Madam,

Please advise me... We arrange a Chardham Package (Uttarakhand) for foreigners. They will be paid the amount from outside India and transferred to our Bank A/c.

In this case, the service is treated as an Export of service or intrastate service. We will pay GST or not?

Thanks

To
The experts
I am a CS (passed in the year 2000) and engaged in a job.
Now I want to resign from the job with an ambition to join LLB(5/3 years) Regular course so that i can start a new profession as a Lawyer.
My query is :
1. Is their any age limit for pursuing LLB(5/3 years) Regular course?

Regards
abhijit


Read more at: https://www.caclubindia.com/experts/ask_query.asp

A company (100% export unit) X is holding land ( NA) which is excess and intent to sale or lease to subsidiary company.
Subsidiary company also 100% export unit .
Question is whether excess land sale or lease ?
Implication:
(1) Lesser: lease charges earned will be text in income tex which is higher than lessee
(2) . On lease charges GST will applicable ? If yes lessee can get set off or refund ?
(3) Incase of sale :
3.1 Capital gain earned to lesser company income tax will exempt or tax payable ( land purchase 2021)
3.2 Appx stamp duty and registration charges of sale deed is Rs…….. appx
3.2 Lease period is 9 years.
3.3 Lessee company is going to construct building on that land.
4: Any other direct / indirect expenses

My employer ( Gujarat University) is seeking recovery for the the one wrong increament which they gave me in 2007. Through out these years University has deducted the income tax (TDS) for the payment they made as salary. Since the income tax has been paid on the amount University is asking for recovery how do I claim the income tax refund for the amount which I have to pay to my employer (Gujarat University)

A commercial invoice was prepared in Zoho Books FOR USD 35000 without a CIF amount.

Later the invoice was revised manually and edited by adding the CIF SAY 45000 (35000 + 10000) and accordingly it was submitted and Shipping Bill was generated.

Subsequently, it was noticed during a test check that the value has not been revised in Zoho Books with the CIF amount.

Since it was noticed almost after 6 months in the same financial year. How do we account for that in Zoho books.

I AM A SALARIED PERSON FILED MY RETURN IN OLD REGIME IN ORIGINAL BEFORE THE DUE DATE U/S 139(1) THEN AFTER I REVISED MY RETURN IN NEW REGIME BEFORE 31.12.2022 BUT THEY HAVE NOT ACCEPTED MY REVISED RETURN IN NEW REGIME. IS IT CORRECT TO OPT FOR NEW REGIME IN REVISED RETURN.