We have a 10 crore turnover company, but we forgot to upload the HSN SUMMARY IN GSTR 1.
WHAT WILL BE THE CONSEQUENCES? AND HOW WE CAN RECTIFY IT.

Thanks in Advance

Dear Sir,
There is two business vertical of assessee. One in Gujrat state and one in Uttar Pradesh. In 2017-18, Gujrat vertical turn over was about 1.25 cr. and Uttar Pradesh vertical turnover was about 85 lacs. On the basis of aggregate of both turnover i.e. above 2 cr., whether SGST AO can impose penalty on Gujrat Vertical + Uttar Pradesh vertical turnover @.50 %. for non filing GSTR 9. or imposing penalty on Gujrat Vertical would be exercise of extraterritorial jurisdiction?
Please clarify

Sir,
Facts:

Company X of India Purchase of Goods from Company Y of India, but instruct Y to ship to Outside India to agent to carry out testing (goods not going to return as on testing it going to destroy ) and foreign agent (Lab) send testing report to India.

In above case Company X is eligible to Claim ITC?

Hello

is it compulsory to submit Balance sheet & profit and loss account as per scheduled- 3(vertical format) for 3CB-3CD Audit report for the FY 2022-23(A.Y 2023-24) in case of non corporate assesses if yes then can any one tell me the circulation and notification number.

Sec 194J - if it is tds applicable or not exactly Rs.30,000/- during the year or Single Payment? . Kindly clarify the doubt

Hi,
I terminated articleship in the year 2014 and restarted articleship in 2022. I haven’t done advanced itt and mcs. Please let me know what should I do to attempt final exams in may 2024?

Firm having turnover of Rs. 44 lakh wants declare profit around to 1% so it is compulsory to go for audit u/s 44AB(a).
firm newly incorporated in FY 2022-23 and filing first time income tax return
QUESTION

1). IF FIRM WANT TO FILE NORMAL RETURN OF INCOME WITHOUT AUDIT THAN MAINTENANCE OF BOOKS OF ACCOUNT IS COMPULSORY??

2). AT THE TIME OF FILING RETURN UTILITY SHOWING ERROR THAT YOU HAVE NOT MAINTAINED BOOKS OF ACCOUNT

If we are sending Wet Wipes to USA from India and same material on the same HSN code (33079090 )is sent from China. Then what will be the import duty, custom duty, etc levied for the wet wipes sent from India and what will be the import duty, custom duty, etc levied for the wet wipes dispatched to USA from China.

THANKS IN ADVANCE.

Hello, Could anyone please help me on the below query

A proprietor took a loan for Commercial Vehicle Loan for business use from Cholamandalam Investment & Finance Co. Ltd. Yearly the interest happens to be around Rs.74912/-

Should we deduct TDS on the Interest paid to Cholamandalam?

Dear Sir,
Our society is registered under Sec 12A and Sec 80G we have invested amount in FDR with banks as investment of funds under sec 11(5) to be used for future dates. My query is the interest received on it is accmulated in FDR account but we are showing it in income of society in income and expenditure account and Debiting Concerned FDR account. are we doing it correcty or we should show interest received on liability side to be accounted as income when fdr matured or fdr encashed