Hello Sir, We have trusts assessees (registered u/s 12aa & 80G and unregistered both, audited / non audited ) for which we file ITR7, where we wish to claim revenue expenditure u/s 11 against voluntary contribution but we are getting notices to pay taxes on whole amount of contribution ignoring the expenses made all the way. And it is being advised to file ITR 5, where we cannot find any schedule to put amounts related to voluntary contributions and charitable purpose.. Kindly advice if we are making mistake to claim such expenditures or filing ITR.. Thanks in advance.

Dear all experts

we have manufacturing unit & we used commercial cylinders for production, can we take GST Input of commercial cylinder used in production process.

Thanks in advance

Dear sir/Madam
A Airtel Currency distributor having turnover 95 lakh, and received 1.4% commission on that turnover from Airtel for the FY 2018.19. But we are confused, whether we have to consider turnover or only commission received for income tax purpose?

My client (partnership firm) is in business of giving computers / laptops on hire basis. He charges monthly rent for computers / laptops. Apart from computers/ laptops, he also purchases many computer hardware like RAM, Key board, motherboard, mouse. use of these accessories can either be to upgrade the configuration of computer on demand of client or to replace old not working parts.
What would be treatment of these accessories for income tax purpose. same will be treated as revenue expenses or to be capitalized.
will appreciate any reference to section of income tax act or ruling is also provided...

Dear sir,
I am president of trust which undertook various social activities, for Ay 2018 19 i was filed NIL Income Tax return on 01 Mar 2019 (Beyond due date) u/sec 139(4). On 09 Sep 2019 i received notice u/sec 154 proposing levy fee u/s 234F effecting enhancing the demand, further they gave me 15 days time to reply the same. View it is kindly requested that, what reply should i give to avoid levy fees u/sec 234F. It is pertinent to mention that, the trust have Nil income for Ay 2018-19. Thanks and Regards.

I have to take ITC of IGST of rs 25000 but wrongly i take ITC of CGST and SGST of 25000 for each..
Now what can I do..

Dear Sir / Madam,

P Ltd was incorporated on 26/02/2019. There was only one bank entry of share capital in bank statement. There is no sale, no purchase, no other entries or activities.

Then in this case, whether income tax return is required to be filed for FY 2018-19?
Kindly guide.

Thanks,
Suraj

Please anyone send the board minutes for change of registered office

Sir, one of our client running partnership firm, and firm has pan number, but at the time migration the gst registration number generated with partner pan number,but GST registration status is showing Partnership not proprietor, how to change gst number with firm pan number instead of partner pan number. please advise sir how to resolve.........urgent, now i am trying to apply for new GST registration ,which option is applicable for us, voluntary or change in constitution of business, please....

Sir
1. My client is took Govt Tender for supplying transfarmer.
2. Mar 2019 ending he raised GST invoice for year 2018-19 but he received payment in next year 19-20 and TDS is also deducted on such amount in the year 19-20.
So, there is difference between 26AS sale and GST Sale in year 2018-19.
4. in such type of situation, what precaution we have to take?