Why,
Fair value= Price receivable- Transportation cost( in case of principle market)
Fair value= Price Reveivable- Transaction cost- Transportation cost ( in case of most advantageous market) ?
Logic behind two different formulas?

Dear Sir,
Please resolve my query. A Taxpayer who is registered in GST, and run a stoner crusher. He bonded with a company. Company gives him raw material i.e boulder, stone and take crushed stone on job work basis.
Now my query is he issue two bills to company. One bill of Job work and second bill of Transportation. I want to know can he issue job work bill with GST i.e. 10000+18% GST and transportation bill under RCM in which tax deposit liability will be at receiver end.

If a person providing building on rent of Rs. 15,000 Per month + A machine on rent of Rs. 8,000 per month.
Will TDS liability arise on lessee??

Dear Sir/Madam,

Ours is a Proprietorship concern and we are registered GTA. Our proprietor has rented out commercial space and raises the Rental Invoice under the GST number of our business i.e., Transportation of Commercial vehicles. Upto last financial year we were in RCM method and paid the GST charged to Tenants on monthly rent through cash. But for current financial year we have opted FCM. Now my query is whether can we set off the liability of GST payable which is charged to Tenants against the ITC of purchases made for GTA Business as rental income from renting out of commercial space does not form part of GTA business.

Thank you,

hi,
if there is no tds on salary, then can we file nil return without paying dummy amount u/s 92B?
somebody told me that we have to pay, say Rs. 10/-, then only we will be able to file the return.

WHAT IS ADDITIONAL PLACE OF BUSINESS IN GST?

CAN A GODOWN BE CONSIDERED AS AN ADDITIONAL PLACE OF BUSINESS IN GST IF THAT GODOWN IS USED TO STORE GOODS ONLY? (GODOWN IS ONLY 100M AWAY FROM PRINCIPAL PLACE OF BUSINESS)

Information code SFT-17(PUR).
Information Description Purchase of securities (SFT - 017)

There is one entry under my client Id and NSDL.
Market Purchase Rs. 1751. and Market Sales Rs 46024.

There is no details available as in SFT-17-LES(M)
Please advise how to treat this for IT return.

Upendra Prabhu
9448767651

A State Government Entity i.e. Battalion on Special Armed Forces is running a petroleum outlet. The Hindustan Petroleum Corporation Ltd. (HPCL) has collected income tax (TCS) on sales made by it to Battalion petrol pump.

The petrol pump is owned by a Government Entity is not liable to income Tax and therefore not obliged to file return of income and pay tax on income.

Please advise how can it claim refund of TCS ?

Advance accounting
auditing and assurance
enterprise information system and strategic management
financial management and economics

Thanks in advance

Dear Sir/Madam,

As E invoicing is applicable for the business with 5 crores turnover w.e.f 1st august 2023, is there any changes in the services which are exempted from issue of E Invoice. We are registered Goods Transport Agency and we are currently exempted from issue of E inovice. Please clarify whether we need to issue E invoice with the amendment of turnover limit from 1.8.23.