on Books Basis,
on 2A Reflected Basis
or 2B Reflected basis for the month of January 2022.

Sir/Madam,
One of our clients (Theatre owner) receiving Virtual Print Fees subsidy from Film Distributors. For which, he (Theatre owner) has to issue taxable invoice for income. What is the SAC code of the aforesaid income?
Please provide your clarifications at the earliest..

Thanks in advance..

Sir,
One of our client has received a notice regarding reversal of input tax credit .Client is dealing of purchase of taxable and non taxable goods and sale of the taxable goods in the same percent of tax in which they are bought and sale of non taxable good in which they are bought. They are not using taxable input for exempt sale or nil rate sale. They are buying the zero rated and selling the zero rated. Department has asked to reverse the tax .Whether we need to reverse the same.

Hello
A Indian Company, providing e-commerce services (B2B & B2C), has participated in Food Exhibition at Dubai received membership fee from Indian Companies for supply of Agro Products in India.
The payment is made in US$ in Indian Bank account.
Please advice whether it will be considered as Export services.
If yes, any rebate/exemption in Income Tax.
Thanks & Regard

I have a bill payemnt recepit paid to Godaddy US , with IGST no 9917USA29016OS6 mentioned on it . Is RCM applicable on this . I am not sure if they have charged any gst since i dont have invoice , only receipt . also is tds sec 195 applicable here for import of services .

what is Capital gain tax rate on LTCG and STCG and what is criteria for determine capital gain . By holding period

We have filed income tax audit report on 14.2.2022 without udin updated on IT portal, but now we are generated UDIN, now how to update udin on IT portal. please suggest step to us.

I wants a complete process of how to incorporate nidhi company.

Is that approval need to taken from any authority regarding name?

Dear All,

Please share Latest HSN Code with GST Rete in Excel format.

Thanks & Regards,

Sir
I am state government employee working is govt hospital . So every month Rs 1500 fixed conveyance allowance received to meet the expenditure incurred on conveyance in performance of duties of an office. I submit just travelling dairy to my employer but not produce any bill or voucher to my employer. So I received Rs 1500 every month as fixed conveyance allowance.
Then such conveyance allowance will be exempt u/s 10 (14) i ?