We issued work order for one contractor for Rs 1cr excluding tax. As per WO terms we will pay GST on submission of proof of payment.

As per WO terms we have to pay 10% of WO value as advance to contractor. Whether we have to pay advance for WO amount including tax or excluding tax?

Section 115BAD would applicable to co-operative banks covered u/s 80P(4).

What will happen if I add some inadmissible amount of tax in GSTR 3B but never utilized the same?

Purchased a car and added in 3B return but never utilized the same, So anything happen with this type of mistake?

Can commercial land converted into agriculture land.

Hi,

I would like to raise a zero value invoice for a free of cost service delivered to a client. Please let me know if this is possible? what will be IGST and CGST tax implication? In case of service tax will the same be refundable?

Regards

Aniruddha

I want to know about what entry made in books . I sale one assets in block rest value is less by the profit sale of one assets in block or not . if yes then the deprication on all assets or less profit

I have purchased the Payroll software with 18% GST. Pls let me know.... can I avail the ITC of GST paid on software purchase???

a client came to me, who have filed gst nil returns till nov. 18 , and gst no. cancelled by dept. on may 19 , further no gstr10 filed.

what are the repurcassions of any penalty and interest.

As per recent budget, amendment under Section 194J is as follows-

"Therefore to reduce litigation, it is proposed to reduce rate for TDS in section 194J in case of fees for technical services (other than professional services) to two per cent from existing ten per cent. The TDS rate in other cases under section 194J would remain same at ten percent."

How to differentiate between technical and professional services.

Rgds
Renjith.R.S

I received an intimation u/s 143(1)(a) for an arithmetic error in Schedule BP. For example: BP, Sl.No.D. Income chargeable under the head Profits and gains from Business or Profession (A.38+B.43+C.49) and the sum of amount entered in Sl.No.A.38+B.43+C.49. are inconsistent However, I checked the values in the return and there is a perfect match. No arithmetic errors. I prepare the return using Excel Utility where all items in Schedule BP were calculated automatically. So, I don't understand how arithmetic errors can happen. What is the reason for giving this intimation? What should I do?