Hi All,
We generated the sales invoice in October 2025 without including the customer’s GST number and reported it as a B2C invoice in GSTR-1, with GST charged.
Now, in October 2026, (After one Year) the customer is requesting us to add their GST number and share the revised invoice.
Could you please confirm whether it is possible to revise the invoice at this stage?
Regards
Chandrashekar BM
Hi Sir,
We have partially used and unconsumed challans of Fy 2025-26. Can we used this challans in FY 26-27 Q1 TDS returns. How to use them.
AS PER SECTION 194N TDS DEDUCTED ON AMOUNT EXCEEDING THRESHHOLD LIMIT.
AS PER SECTION 393(3) WHETHER BANKS NEED TO DEDUCT TAX ON ENTIRE CASH WITHDRAWAL
INCLUDING THRESHHOLD LIMIT.Please provide notification or press releases regarding this if any
HI
MR A (DOCTOR) EARNING PROFESSIONAL INCOME RECT( CLINIC) RS, 22.00 LACK ( 50% PROFIT DECLEARD) AND RUN A MEDICAL SHOP SALES FOR RS. 85.00 LACK (NET PROFIT RS.9.25 LACK) AND HE GET PENSION RS, 13.00 LACK.AMD OTHER INCOME RS.10.00 LACKS. HE IS NOT PROPER ACCOUNTS ARE MAINTANINED..
MY QUERY IS
1.HE AUDIT UNDER ANY SECTION 44AB ARE U/S 44AD?
2. HE COMPULSARY ACCOUNTS ARE MAINTANIED
THANKS
sir,
one it tax payer purchases of commercial property year 2020 value rs:27 lacs and same property sold year 2026 value rs:38 lacs as per market price .but circle rate was rs:70 lacs
question:
Tax payer take valuation report from approved govt valuer compulsory capital gain tax purpose
I purchased a used vehicle for rs.1,00000 under the marginal scheme and sold it b2b rs.1,10000 how should I report this in GSTR1 and 3B? plz help
Hi Everyone,
Can anyone please share the new EPF ECR file/template for September 2026, applicable from 17th September 2026 onwards, after changing the EPF wage ceiling from ₹15,000 to ₹25,000?
I am unable to download the new ECR file from the EPFO portal. If anyone has the latest ECR format/template, kindly share it.
Thanks in advance.
Dear Sir,
Please, let me know what is the Implication in Accounting entries to be done in case of Import of Software Service Imported.
Let me know how can account it & What Compliances required to Fulfil.
Thanks
Dear ICAI NRI Helpdesk Team,
I’m seeking your guidance on the correct FEMA and tax requirements for a three‑step transaction involving a domestic gift, an NRO → NRE transfer, and a subsequent overseas remittance.
Scenario:
My father has transferred his own tax‑paid personal savings to my NRO account as a domestic gift. I plan to move these funds from NRO → NRE (internal reclassification within India), and later remit the funds from NRE → USA/Canada to my overseas bank account.
Since each stage falls under a different FEMA category, I want to confirm the correct documentation and compliance requirements for all three steps.
Step 1 — Father → Child’s NRO (Domestic Gift Transfer)
1) Could you please confirm what documentation is required at this stage? Do we need any kind of documents at this stage?
2) My understanding is that a simple Gift Deed and bank transfer proof are sufficient.
3) Is there anything else required?
Step 2 — NRO → NRE (Internal Reclassification)
1) Could you please confirm what documentation is required at this stage? Do we need any kind of documents at this stage?
2) My current understanding is:
NRO → NRE Transfer Form
Form 145
Gift Deed
Account verification (cheque leaf/screenshot)
I also request clarification on the following points:
Whether a CA certificate (Form 15CB/15CA/146) is required when the source of funds is a domestic gift from a parent.
Whether TCS applies to an NRO → NRE transfer, considering that TCS is generally applicable only to outward foreign remittances under LRS.
Step 3 — NRE → USA/Canada (Outward Remittance)
For the final outward remittance, could you confirm whether the following documents are sufficient? Do we need any kind of documents at this stage?
Form A2
Purpose code
Passport
PAN
NRE bank statement
Gift Deed (for source‑of‑funds clarity)
If any additional documentation is required at this stage, please advise.
Your guidance will help ensure that I follow FEMA and Income‑tax rules correctly at each step.
Thank you,
Kapil Gupta.
We have a proprietorship firm and rented to KFSCSC for Storage of Raagi. We make Rental Invoice with GST 18%. Now KFCSC wants to claim exemption under GST. Whether it is applicable or not?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Oct 2025 Invoices