Respected Sir,

I have run a business with Reliance Jio Infracon Private Limited but Invoice series process so critical..

For an Example We have to given a sale invoice 601 in month of Sep-20 but the the invoice date is to be after genrate invoice in the software,
After getting an invoice date is month of Oct-20 ultimately invoice series have breakdown, what to do in this situation, its very crtical situtation, Pls suggest me have any solution.

Thanks
Rohtash Bhiwal

Hi All,
My company is providing cabs to government organizations for transport. I am registered under tour operated services and I am paying GST @ 5%. Can I take input credit on input services taken from other cab providers? If I am RCM on input services, can I take input credit on the services?
Thanks in advance.

If a doctor whose TDS is deducted u/s 194J and his income from hospital where he is providing services exceeds Rs. 20 lakhs for FY 2019-20, is required to take GST registration??

if a new trader partnership firm made on 1 nov 2020 does not take voluntary gst no. and makes 10 lakh taxable purchases, will it loose set off once it crosses its 40 lakh sales and takes gst no?
if yes, better to take voluntary gst no. right ? it does not mind charging to customer, but it cannot afford to loose itc.

my view--> once no. is taken,gst is leviable on all sales (irrespective of 40 lakh exemption) and itc will get on all purchases after registration date. so better to take voluntary gstnumber and let go of 40 lakh exemption.

what are views of other professionals?
ty

We know LTCG tax is levied on gains beyond one lakh rupees in case of redemption of mutual funds. For this, the gain is calculated for each fund separately as its investment, NAV s and start and end dates are different. My query is whether the one lakh limit per year is for each fund or the total gain on all the funds in a year. Please clarify.

Dear Sir/Madam

My client IT return for the AY 2019-20 was processed but not received the processing order. But ITR status was still under everification in the website, but demand was raised by the CPC Bangalore. When we contacted the CPC, they said ITR was processed 2 months back. We requested them to send the processing order many times and raised query in the website. Till now, they did not sent. Whom to contact or complain.

If We have received goods exceeding Rs.50000/- at our factory but seller not issue any e way bill against this invoice. What steps can be taken by assessing officer to the buyer on the basis of no proper documentation.

Dear Sir,

One of the Salaried person withdraw his PF amount , this amount is taxable or not, please clarify

Thank you sir.

Police Clearance Certificate (PCC) account head tell us whether it should post as office administration expenses or Staff welfare expenses

Mr A & Mr B are cousin brothers who applied jointly for allotment of a residential Flat through a public lottery system launched by the Mumbai Housing & Area Development Board (MHADA) in the year 2002. The Flat was duly allotted to their joint names. The purchase price was Rs 13 lacs which was entirely paid by Mr B.
Now Mr B proposes to dispose off the property at a price of Rs 1, 20,00,000/- . The entire consideration would be paid to Mr B and Mr A would relinquish his right to the consideration. What are the tax implications for Mr A