GST Registration of one of my client was suspended due to non-filing of GSTR (FY 2018-19). During Suspension period, purchases were made by my client, on which ITC was disallowed by Deptt. Although, my client subsequently filed his pending GSTR, paid his output liability and his GST registration also activated. But ITC of suspension period not shown shown either in GSTR 2A . Now a demand has been received against said ITC ? Is there any remedy for the same ?

dear sir/maam
I am a student of CA Intermediate
My query is that the language both the sections 22 (turnover based registration) and 24 (compulsory registration) of CGST act,2017 indicate towards schedule 1 para 3 agents as CBIC has clarified that wherever the phrase "on the behalf of principal" is present it is to be interpreted as sch 1 para 3 agents however the circular does not mention anything specifically about "taxable supplies on behalf of taxable persons".

So which type of agents are referred to in section 22:-
1) if they are sch1 para 3 agents then section 22 and 24 conflict with each other
2) if they are not sch1 para 3 agents then section 22 and CBIC's clarification conflict with each other.

please guide and correct if I am incorrect in my understanding

A is a partner in LLP, but has no income from business or profession except a share in profit of LLP firm. His other income is from residential house, capital gain and interest on his investments
Can he file ITR2 ?

DEAR EXPERTS
LAST YEAR BANK NOT DISCLOSE IN ITR BALANCE SHEET DUE TO FEW TRANSACTION & NOW THIS YEAR BANK'S OPENING BALANCE IS BECAME TRIAL OPENING BALANCE DIFF.
WHAT CAN I DO?

THANK YOU

An Updated return has been filed for AY 2022 - 23 and the same has been Invalidated due to non payment of additional tax.

1. Can we submit a revised updated return again as the original Updated return was invalidated.
2. The assessee has not claimed TDS Deducted for the year, from salaries in the original return and has not submitted revised return. In rectification return, additional TDS claim is not being allowed and hence a demand for the tax payable has been raised. Can we claim such TDS (Not claimed in original return by mistake) in the Revised updated return.

sir, our Party is does not deduct TDS on 17-18 f.y after the covid 21-22 f.y he has revised and that 17-18 balance sheet of our company is revised can we take refund now please help to solve my query

applicability of GST for research grant received from Finance Commission to Trust

Dear Sir,
We are a logistics company situated at Navi Mumbai ,Maharastra, having Maharastra GST registration. Please note that we have taken a new GST registration at Hazira Gujarat under the same name as in Maharashtra. I want to know how we have to bill the same from Hazira to our customers. Whether we have to open a separate Company in the Tally package as we are using Tally Erp.
Please reply back immediately.
Prakash menon
Accountant

TDS on freight/labour/Loading charges
Recently we have purchased material from the supplier and they have charged freight/labour/Loading @18% GST on the invoice. Whether this will attract TDS under section 194C?

Hi All,
Some companies are providing wallet services like sodexo,zaggle etc in which some components are carved out from employee salary and offering as allowances on monthly basis to save tax for employees.
One such component is Gift.

If gift is given by employer for performance over and above CTC then it can be tax exempt upto 5000.

But if 5000 is carved out from CTC of employee and paid on monthly basis(5000/12) by employer,i dont think it is tax exempt as it is part of CTC of employee and IT department may say that this is tax evasion.

Please clarify