Dear Experts
An E_way bill is mandatory, if made E_Invoice value under 50,000/- ?

Case Selected For Scrutiny Of One of my Client Several Documents have been asked to Submission i.e Complete Ledger Accounts Conformation From Debtors Creditors etc
I have applied for Adjournment for 15 days as I was busy in Tax Audit Work Date was asked Till 16-10-2023, but Still Some Documents are to be Collected I want to Know Whether May I applied for Second Adjournment for 15 Days Case to be Closed by March 24

Dear All Friends,

Any one please clarify the RCM is applicable for Factory act running license renewal fees. some of the experts opinion is is "If registration charges are exempted, renewal charges will be also exempted" and "Renewal charges are not independent of original registration fee. These are integrally attached with original registration fee. Renewal is an extension of original registration. Hence we can say that there is no difference between both." If RCM not applicable please provide the Authority of the same.

Sir,
A Doctor Advance from patients rs:10 lacs show in accounting records and house construction interest prepaid rs:2 lacs showing f.y. 22-23.
Doubt:
1.Advance from patients rs:10 lacs showing allowed and accounting treated in balance sheet correct procedure.
2.Prepaid house loan interest rs:2 lacs show debited to capital account or balance sheet correct procedure.

How profit transfer among partner
Profit after tax or Profit before tax.

I had purchased Yen from Forex company and Give it to our director for visit to Japan. Now he will return me Balance Yen with his expenses details. Please guide for the accounting entries for all the steps as mentioned above.

Non controllable interest as per balance sheet will consider for net worth calculations?

Sir / Madam,

Yesterday I tried to file ITC04 form by downloading latest excel utility file from site and prepared for the period Apr - Sep 2023. As there was no transaction in that period, we just made the json file without entering any value in the table 4A, 5A,5B and 5C. The json file was created smoothly without any mistakes but while uploading the same through offline option the error message as “Error in json structure validation in GST ITC04 Return. Please download the latest offline tool from portal and try again”. I have downloaded the utility file yesterday and created the json for the period.

Our doubt is whether we could not file ITC04 Form as NIL return (we searched for any option prevail to file the form as NIL in the site nowhere we found in the pages of the site)

or
Could we skip the period to file ITC04 Form as there was no transaction and there will not be any transactions in the forthcoming period also?

or

the utility file will be upgraded and will be released soon?

As the last date will be 25th day next to the period closure we are panic kindly advise us how will handle this issue?

Thanks in advance,

With Warm Regards,
Bazeer L

While calculating Total Debt to Total Net Worth ratio how to arrive Total debt.

A trust is given registration u/s 12AB by CPC for registration in Form 10AC for a period of 5years from AY 2022-23 to 2026-27. Can the trust file its income tax returns after filing audit report? Any other forms to be filed? Can the experts give the details please...