I purchased a solar lamp and given to customer as gift. its entry will be like the following entry
Dr. Gift as Advertisement
Cr. Cash A/c
Please confirm

IS TDS APPLICABLE ON GODOWN RENT IF CROSS LIMIT I.E RS. 240000/-

Supplier is not filing the documents in his GST returns for last 6 months inspite of many reminders. I have made him full payments. If I put my complain on GST portal and if he still does not file , what happens?
Will government ask me to pay his GST, though I have already paid to the supplier?
In the complain on GST portal, do I have to choose Reverse charge Mechanism?
Can someone please guide me, what should I do?

Hello Sir/Madam,

There are how many total exemptions available to Corporate salaried personnel to save taxes apart from below mentioned allowances.
Telephone Reimbursement
Internet Reimbursement
Uniform Allowance
Books and Periodicals Reimbursement
Research Allowance
Children Education Allowance
Hostel Expenditure Allowance
Mainly I want to know whether Washing Allowance is still exempt for Tax calculations?

Dear Sir,
We are a manufacturing Company and this F.Y. 2021-22 our Turnover (inclusive of Tax) will be greater than 20 Crore but Exclusive of tax it will be less than 20 Crore till March 2022. I want to know whether E invoicing will be applicable on us or not.
If No, then In next F.Y. i.e., 2022-23 if, We cross turnover limit of more than 20 Crore(exclusive of Tax) than E invoicing will be applicable in that year i.e. 2022-23 or it will be applicable for FY 2023-24.
& how to calculate Annual Aggregrate Turnover for E-invoicing.

The GST registered dealer bought a laptop and Air conditioner (A/c) for his office day to day activity. Can ITC 100% be taken in GSTR3B?


Can you please explain how to show it in GST Returns?

Which challan has to be used for making payment of demand raised by the department through demand notice DRC-01.

Thanks in advance!

In import of goods cases,After bill of entry generation IGST payable alongwith basic custom duty to the custom department OR directly igst payable to Gst Department through challan ?

Hi,

I need your help in understanding correct calculation of LTCG , for below mention example:

LTCapital Loss = Rs. 10,000/- & LT Capital Gain = 5,000/-

my question is :

(1) Will the LT Capital Gain will be deducted from Loss i.e (10,000 - 5,000) = 5,000/- loss will be carried forward???
OR
(2) Will LT Capital Gain 5,000/- will be shown as exempt income & Lt Capital loss of Rs. 10,000/- will be carried forward ???


plz help which is correct way to show in income tax returns


Thanks,

While filling up the various field in the Form10IF for Cooperative Housing society , the date of Incorporation field remains blank / autofilled with wrong data.
And also it is not accepting manual entry/editing.
I have written to the department but no guidance so far.The due date of filing the ITR-5 is approaching fast.Without filing Form 10 IF online the ITR can not be filed.
Can any one guide as to whether it is a problem with others too or some problem with my software.
A quick guidance is requested.
Read more at: https://www.caclubindia.com/forum/auto-fill-of-form-10-if-on-income-tax-portal-587366.asp