Hello I am a CA final Student,

I had a query that how is a perquisite under 194R of Income Tax act can be classified as a supply under GST. If in a case where perquisite is paid for good business terms for numerous years,then how can such a supply of pequisites in kind be considered as a supply of services.

The recipient of perquisites is not supplying anything excess out of the original business contracts of supply of goods.

Kindly provide me with a solution of the same.

My late father has 4 legal heirs. He has 10 physical share certs. I am the claimant. I understand the share transmission procedure. Among several forms, there is Appendix D Affidavit( as per Kfintec) which needs to be submitted by all legal heirs. I would like to know if same form can be used for several companies or it has to be one form for each company. The form does have provision to list out several companies.
In case the above is acceptable, then can we submit photocopies of the affidavit to all companies ? Or a true copy?
With 4 legal heirs and 10 companies, the number of affidavit is huge. How can we avoid so many documents?

My Gst Proprietor ship firm have debts due from a debtor since 1/4/2020 of RS 1266000/ .Now party is not giving dues.can I show in bad debts of amount of Rs1266000/ in fy 2023 -2024.Should I show full amount or part amount.Is this bad debts allowed as expenses in income tax ? Please clarify?

Can we make TDS payment for the month of Mar 24 before 30th April 2024, or we need to make it before 7th of april 2024.

Sir, a GTA is providing hiring of vehicles services to another GST. Kindly clarify is this exempted under Notification 12/2017 (Sl.no.22). It is mentioned in the notification that services by way of giving hire to GTA, a means of transportation of goods is covered under exemption list. However, here it is not mentioned that from GTA to GTA. This may be consider as Transporter (other than GTA) to GTA. Kindly clarify. Thanks in advance.

DEAR SIR/MADAM,
I WANT TO BECOME A GST PRACTITIONER I HAVE 10 YEAR EXPERIENCE IN GST FILING BUT I DONT HAVE ANY CERTIFICATE FOR COMPLETION OF GST PRACTITIONER. WHEN THE GST PRACTITIONER EXAM WILL BE CONDUCT NACIN PLEASE CLEAR MY CONFUSION.

Dear All

Please note there has been an instance where we raised an invoice with GST for a customer in FY 2022-2023. We filed GSTR1 , and paid the GST while filing GSTR3 B for the said month and also filed GSTR 9 for the financial year. Later in 2023-2024 it was realized that the invoice raised to the party was an overseas customer for whom we need not raise GST bill. Is there anyway we can claim for refund in GST Portal?

Respected Sir/Madam,
if Person receives rental income from commercial property and have GST Regd - rent above 20 lakhs, Is there any way to covered under Business Income rather than house property income in ITR, right now his income treated under house property head. But due to taxation purpose we want to reduce tax burden thru legal way.

Many people incorporate Pvt Ltd, transfer ownership of property to company than treated business Income.

Instead of above this, Is this legal way if normal person treated business income from commercial property in ITR without incorporating Pvt Ltd?

I have gst proprietorship firm and have gst commission income but no gst sales.Will I will be required to make a audit by a ca firm? Please advise urgently?

Proprietor Purchased a laptop using his bajaj Finance Card for his firm. and the EMI will deducted from his personal account. what will be the journal entry? and can avail the itc