As an advertising company, we have purchased raw materials on GST Tax Invoice and incurred labour charges for construction of a display hoarding which allows me generate monthly rental income from it. Now the confusion is that I have already claimed ITC on purchase of raw materials for the construction and developed this asset i.e. display hoarding, so can I claim year on year depreciation on this asset?
Outstanding demand related
I have submitted outstanding demand, added CIN number and challan details for AY 21-22 and also for 22-23. But still I am getting Demand Due. Its is not getting processed in the portal.
Then I filed for rectification for AY21-22, 6 months back. But still no processing done.
Can you please tell what should be my next step.
How can I resolve this outstanding demand issue?
Audit of Overseas entity to whom Companies Act does not apply
What format of audit report would be applicable to overseas entity to whom Companies Act 2013 would not apply?
TAX AUDIT REPORTING CL 32(a)
Can Any guide about how to comply with reporting requirement u/s Cl. 32 (a) Details of Brought loss or depreciation allowance in the following manner to the extant available ?? for example if I have loss during FY 2021-2022 of Rs 10 lakhs , how to report in above clause ??
Depreciation on closed business
How to calculate depreciation on closed business.
on Fixed assets and Trademarks.
Expenses incurred regarding Trademarks as capital and revenue
How to expenses bifurcate regarding Trade marks
Capital expenses and revenue expenses.
26QB TDS FILING
I filed 26qb
I had done a prior installment on 29 July but the agreement was made on 14 of sept and the formalities were also done on 20 sept
So when should be tds filed and is it liable for late filing
Cash paid for incurred of imprest expenses
Cash paid for incurred of imp rest expenses,
whether can be paid more than 10K in a single day.
GST Input on expenses incurred regarding Hotel lodging exp,
GST input on expenses incurred regarding hotel lodging expenses for interstate .
TDS on technical testing
what is TDS rate on Technical testing,
is TDS Deducted u/S 194J and TDS rate is @ 2%.
- Cash sale limit for gst sales to unregistered party
- Seeking Clarification for Tax rate and reversal of ITC claimed on Ground Mount Solar Plant
- Registration deed & Assignment deed
- Non resident status & Taxation in India
- Payment of demand raised tru DRC 07
- DOCUMENTS APPLICABLE & MENDATORY FOR GOODS MOVEMENT FROM UNIT-1 TO UNIT-II.
- Inoperative PAN without Aadhar for OCI card holder
- ITC REVERSAL OF FAKE BILLS
- AI for getting replies for income tax notices
- 194N and 194NF
- E- invoice-2
- Gst.......
- TDS ON MAKEUP ARTISTS FEES AND COSTUME DESIGNERS FEES
- Rectification and notice
- Professional Tax Refund
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Clarification Required on GST Rate & HSN Classification – Millet-Based Probiotic Drink
- TDS Return filing if only have 15G /15H deductions and no other payments
- 80G deduction eligibility
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ITC & Depreciation on Assets