GST ON RCM FOR FY 2022-2023 PAID IN FY IN FY 2023-24, than whether it will required to shown in GSTR 9 & 9C of FY 2022-2023 ?? I think it will require to be shown in GSTR 9 of FY 2023-2024

The assessee is working in a MNC.
She opted for employee benefit scheme wherein she received cash proceeds instead of shares after the expiry of vesting period.

Contributions were made both by employer as well as the employee in the shares of such MNC during vesting period.

Scheme also included Restricted Share Units(RSUs)

What shall be the tax treatment during different phases under different schemes?
Will there be Capital gain as well?
Or the cash proceeds received is after deducting all form of tax? I.e. no liability of capital gain?

We purchase goods from dealers and sell goods to our buyers on ex basis from our suppliers place of Dispatch.In our recent transaction one of my buyers purchased ex delivery goods from us and give us motorcycle no instead of four wheeler vehicle no.I and my supplier prepared e-way bill based on my buyers no.Will there will be any liability on us as we sell ex delivery goods and transport arranged by our buyer .please clarify?

in case of reconstiution of firm, due to admission of new partner, do i need to inform income tax department before return of income is filed? or mentioning such changes in the return of income is sufficient under section 184 and its relevant rule.
i noted that most of the forms mentioned in the rules assosiated with section 184 has been omitted, also though 184(4) says one have to attach revised deed with the return but it is prohibited under other rules. so what i need to do to be on the safe side of law and rip all the benefits of income tax law.

Dear Sir
Please provide Tent House Balance Sheet & Profit and Loss account.

Thanks

Mr. X is a farmer.  Apart from his own produce, he also purchases from other farmers.  After keeping for certain period, say a year, he sells the same to a miller. Will the profit earned on sale of the produce (own and purchased) be taxable ? Or that will be exempt. Request for an Expert opinion.  Thanks & Regards.

Hello All,

I want to calculate the dep on Projector as per companies Act.

So need a estimated life of projector.

Can I consider Projector in Plant & machinery by assuming the life of 10 years ?

Sir,

Here is specific and pin pointed queries of Option Intraday Trades & related issues.
In fact Institute guidelines issued in
Aug 2022 details method of calculating turnover in Future & Option trade. and states that it needs to be treated under head " Income from Business & Profession ". But could not find clarification on following points pinpointedly. In guidelines only reference is of " Future & Option " but not of Intraday trade within "
future & Options which is extended up to expiry date of contract where as Intraday trade of " Options (Equity & Currency ) is squared off on that day itself. Hence following queries :-

1 Is Intraday Trade in OPTIONS (Equity or Currency ), is also to be treaded under same head of " Business & Profession " and is required to be reported in ITR 3. ?
OR
2. Intraday trade of OPTIONS ( Equity or Currency derivatives ) is to be treated as " "Speculative " business as nature of trade is to close the trade in short time and close it by expiry time of only that day itself as it is " Intraday Trade only ".?

3. In currency trade , how is turnover to be calculated. Is it total of Buy & Sell absolute values ( i.e of total transaction amount as it is currency trade ) OR is it total of absolute figures of only Profit & Loss figures ( i.e. Profit & Loss figures only ). ?

4 Does treatment in case of Option (Equity derivatives ) trade differs from that of Currency Option trade ?

Pls guide on above points .

We sold goods to a party by e-way bill but lorry no in the bill was given of a motorcycle by us.3 such sales were made by us 5 days ago by e-way bill.how can we now change the vehicle no in e-way bill?

DEAR SIR,

IN THE YEAR OF 2018-19, GSTR 1 FILED AS NIL RETURN BUT SALES DECLARED IN 3B AND PAID IGST NOW THE RECEIVER NOW DEMANDING FILE GSTR 1. SO IN THIS CASE HOW TO FILE GSTR 1.

REGARDS

THANK YOU