Raw space ( vacant floor ) taken for exhibition purpose. Paid consideration to exhibition organiser Rs. 5 Lac.

Tds under which sec. For F. Y 25 - 26 applicable & what rate.

I have invested the funds in Tata AIA shubh flexi plan of pension policy during the last month. Now I want to cancel the said policy due to finanical problems. In this conneciton, please let me know whether GST will be charged on deduction while cancellation of this policy. In fact while investing the funds in Pension policy, No GST was applicable.

So kindly clarify for above point of GST.

ITC was availed on capital goods purchased in December 2024. Now, ITC is required to be reversed in the March 2026 return. Is any interest applicable on the amount to be reversed? Also, what are the consequences if such ITC is not reversed or is reversed at a later date? Additionally, what are the consequences for the portion pertaining to the period from December 2025 to March 2026?

We purchased certain items from outside the state and had claimed ITC in Table 4(A)(5), which was later temporarily reversed in Table 4(B)(2). Now, due to defects, the items have been returned and the supplier has issued a credit note.

At present, Table 4(A)(5) is showing a negative ITC balance of ₹1,00,000. We had earlier reversed ITC of ₹1,00,000 against these purchases.

We have no other interstate purchases during this month. Kindly advise how the earlier claimed and reversed ITC should now be treated. Should we show ₹0 in Table 4(A)(5) [₹1,00,000 - ₹1,00,000] and ₹1,00,000 in Table 4(D)(1) under the ITC reclaim column? Please guide.

We supply good from India to UAE based customer on 5% incentive/Promo (off invoice) basis on sale. we Supply goods on Jan 26 and customer raise the incentive invoice in Feb 26 but now in April 26 want to book exp in our tally. please help what exchange rate we should take.
Sale Invoice date se
Expese Invoice date se
ye booking date se

Sir.
During 25-26 one of partnership firm has 2.5 crores turnover. Let's me know
1 whether need to file annual return for 25-26 .
2. Which is better after file annual return than file income tax.which one file income tax or Gst return.
3. Due date for annual return Gst & income tax.

Who is responsible for filing Form 26A in cases of non-deduction of TDS, and is such filing required only upon receipt of a notice from the Income Tax Department, or can it be submitted voluntarily by the deductor?

Is Form 26A applicable for non-deduction of TDS on interest and remuneration paid to partners by a partnership firm?

Fellow CAs,

A genuine question from something I've been thinking about.

When a client receives a Section 201 notice — the IT department isn't asking what was deducted. They're asking **why that specific rate was applied on that specific transaction.**

Most ERPs store the outcome. None store the reasoning — why that rate, why that section, what the YTD aggregate was at that exact payment moment, what PAN status was on that date.

In practice, how are you handling this when a notice arrives?

We're building **RegInfra** — a TDS API that stores the complete decision chain at the moment of every calculation. Rate, section, threshold state, PAN status, 206AB applicability, and the exact ITA 2025 section reference — permanently, per transaction. When a notice arrives, the response is already built.

Still early. Would genuinely value perspectives from practitioners who handle this regularly.

Is this reconstruction problem real in practice — or do existing tools handle it well?

→ reginfra.com

My client was liable to pay rent for the store & staff accommodation for the month of JAN-26, but he delayed paying the rent and actually paid the rent for JAN-26 in MAR-26. Does the self-invoice need to be prepared on Feb-26 and the RCM need to be paid within 20-03-2026 by FEB-26 GSTR3B? although he has not paid rent of JAN-26 in FEB-26 as per rule 47A all registered persons liable to prepare a self-invoice within 30 (thirty) days from the date of receipt of goods or services or both, which is mentioned in Under sec. 9(3) or 9(4)?

I have a client who have not filed GSTR-4 in previous years and due to time barred the returns are now blocked.

I can't even file the GSTR-4 of last 3 years even will not be able to file for Current year.

What to do?