hii!! we are retailers dealing in mobile shop. we buy mobile phones from wholeseller and sale to end consumer.
MRP is printed on mobile phone. how should we pay gst under such scenario.
does MRP includes GST??
reverse calculation to find gst and final invoice value is MRP
or
GST is charged on that MRP and final invoice value is MRP plus gst
please guide
Tds application
If we made payment of rs 10 lakhs in single cheque for construction in trust then tds is applicable or not? if applicable then under which section and what is the threshold limit for the same?
Regarding Tax payment of demand.
If notice of demand u/s 156 not issued, but we want to pay tax for earlier year demand, then which head is applicable whether 400 (outstanding demand) or 300(self-assessment tax)?
REGARDING TAX PAYMENT OF DEMAND
IF NOTICE OF DEMAND U/S 156 NOT ISSUED, BUT WE WANT TO PAY TAX FOR EARLIER YEAR DEMAND, THEN WHICH HEAD IS APPLICABLE WHETER 400 OR 300(SELF ASSESSMENT)?
Whether igst or cgst sgst
Exhibition held in Andrha pradesh. Exhibition organizer registered in Andrha pradesh. i. e service provider.. Service recipient registered in Maharashtra state.
Service provider charged Igst
Is it correct or is it required to take registration by recipient in Andrha Pradesh & Sgst + cgst is ok
NRI loan emi payment
Hi.
My sister is an NRI. Can she pay her education loan emi directly to her Indian Loan account? If not, should she open an NRO/ NRE account for this purpose? Also are there any tax implications. (The account will be used only for repayment of loan emi)
ABOUT INPUT TAX CREDIT AVAILABILITY
CAN I BUY MOBILE PHONE IN THE NAME OF MEDICAL STORE ? HOW MUCH CAN I BUY ? IS ITC AVAILABLE ? CAN I MADE DEPRICIATION IN B/S.
REGARDING FORM 71
WHAT IS TIME LIMIT TO ISSUE REFUND FOR A.Y. 2023-24 BT IT DEPARTMENT, IF WE FILE FORM 71 FOR THE SAME?
Exemption for Income Tax
The Samiti has registered in Chhattisgarh Firm & Society Act as Samiti. Main object of Samiti to Welfare of the Police employee. Samiti also run petrol pump (Dealership of Indian Oil) and earn profit. Can profit is exempted when the earn profit in used for welfare of Police Employee. Please suggest any exemption can taken by any section on these profit (Run a petrol pump)
With Regards.
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- Journal entry of busniess expenses
- Cash balance limit and property purchases limit
- Can we choose not to report losses in ITR3 if they cannot be carried forward?
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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Outward Tax liability