Seetharaman Sir,
In Economic Times on 10th October, 2019, there was article that if one has to clain ITC, for invoice not shown by supplier in GSTR2A (if you can not see), then you can only claim 20% of ITC for that invoice which is not shown by supplier. They say that it is w.e.f. October 9, 2019. Is this true?

Thanks if you can guide me please.

Dear Expert ! A pvt Ltd. company was registered on dated 21.08.2018 and first auditor has to be appointed within 30 days by the board. Board send the appointment letter to CA firm, but firm did not sent the confirmation letter till end of Jan 2019 after that only they have given refusal letter . Now my query is whether board can appoint another auditor treating as first auditor of the company ? I.s it necessary to file ADT 1 by the another Auditor

A telecommunication service provider has provided a SIM to a company for the use in solar panel which enables the company to watch the performance of its solar panel. For the same monthly rental is charged for SIM which is around Rs 1.50 Lacs per month and varies every month. Whether there is any TDS liability on company for deduction of tax on the same or would it be exempt under telecomunication services ? Please suggest. It is urgent.

Please guide me to amend the trade name in Propritory GST Registration.

M/s X & co. is a sole proprietorship firm & Mr. X is proprietor of the firm, Y is grandson of Mr. X who is working as a employee in M/s X & co.( Can Y be shown as employee in books of accounts? What can be the suitable salary?)
Further,Mr. Y went to another city in another state for training of GST.(Can such training be shown as employee training expense in books of accounts?)

I received agriculture income of Rs. 305784/- in cash in A.Y. 2019-20, now my question is that, Is section 269ST applicable in this case or it is a exception of section 269ST because of it is agriculture income.

What is the journal entry for during sale goods destroyed in transit ?

As an employer we accepted the cost claimed by our employee for the Sweeper, Gardener salary as a perquisite, also we reimbursed the petrol / diesel, driver salary based on the actual claimed by staff which they used for official trip.

Now, IT Department disallowed all these types of claims, and asking to pay TDS variance for these employees with Interest and Penalty.

Now employee are left our company, we can't claim this TDS payment if we pay on behalf them.

if any can advice how the IT Claim is justified.

SIR MY FATHER PURCHASED A AGRI LAND FOR RS.20LAKH AS PER THE GUIDELINE VALUE AND I DEVELOPED IT AND MAKE A HOUSING LAYOUT AND SALE IT INTO MANY PLOTS AS THE TOTAL VALUE OF Rs.1.5 CRORE.we dont have maintained any books of records so i had a doubt IS IT COVER UNDER THE 44AD REPLY UR HUMBLE ANSWER SIR..........

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companies is paying premium to LIC for gratuity liability covering whether on part payment to LIC is covering for full liability of gratuity