I want to know that, if I deduct any TDS of a professional person (Honorarium Payment) what will be that, a company deductees (20)or a non-company deductees (21).

Can someone please suggest good SAP course online or in Pendrive?

Dear Sir,

My Company purchase Raw material from Chennai on 31.12.2021 , bill date is 31.12.2021 and when customer file GSTR1 the bill also in GSTR1 and showing in my GSTR2B for the month of Dec-2021.

But the above material we received on 3rd Jan-2022 and booked in our books in Jan-2022 because we taken ITC on receipt of goods.

now question is here my Dec-2021 ITC mismatched with Dec-2021 GSTR2B and also Jan-2022 mismatched .

So pls guide correct treatment for in transit material on closing dates.

Dear Sir/Madam,

Please guide, how to reduce the tax against capital gains earned from Shares and Mutual fund.
Any option to invest and reduce the tax?

Thanking you in advance for guidance.

Regards
Rajnish

SIR,
A Gst registered regular scheme dealer service provided DTH recharge service E-load to retailers and E-load to customers turnover rs:85 lacs as per gst act in f.y. 20-21.
Question:
1.Dealer it returns f.y. 20-21 filed compulsory
2.If compulsory above mentioned turnover trading goods or service income treated in it act.
3.Gross profit and Np( maximum and minimum) declared in it returns.

Can I buy flat from Not Ordinary Resident in India or Person of Indian origin from Dubai .Cost of flat 55 lakhs,how much TDS to be deducted and other documents required.

DEAR SIR I AM A PROFESSIONAL HAVING GROSS FEES COLLECTON OF Rs 16 lakhs. IN THE PAST YEARS I USED TO FILE RETURNS U/S 44ADA OFFERING 50% OF FEES AS INCOME. BUT NOW I WANT TO KEEP ACCOUNTS AND SHOW LOWER INCOME. MY ACCOUNTS SHOW THAT MY NET INCOME FROM PROFESSION IS BELOW 50% OF GROSS FEES. CAN I OPT OUT OF 44ADA AND FILE RETURN WITH BALANCE SHEET /P&L ACCOUNTS - UNAUDITED - THANK YOU

We have partly exempted and partly taxable sale of goods and services
we have purhcased capital assets during dec21

now rule 43 apply

so we can taken all inputs of capital assets during the dec21 3b OR taken only upto dec21 taxable supply ratio.

as per rule 43 in next 59 months (divided capital assets input in 60 instalment ) and reversed each instalment
in the ratio of exempted supply in respective month

interest will also payble upto 59 month for reversal @18% PA showing in outpux tax liability

please guide us
Thanks in advance
regards
RAJEEV KOOLWAL

Dear Professionals, Good Day... Our company GSTN has cancelled its being near about one year due to return not filed so far that too since covid started no business performance has been done, as per calculations there is some around 18k penalty has occured and we are ready to pay penalty but now we want to resume our business and we need our GSTN back, could you please suggest us exactly what we need to do. Thanks

What is the rate of GST on restaurant which serve Alcohol? 

Is it 5% without ITC or 18% with ITC ?