A person has been awarded a Contract from the local Municipality for supply of food to the people in the flood effected area.
Is this work exempted from GST or is GST chargeable as per normal contract works. Please guide. If the same is exempted, please share the relevant section also.
Thanks is advance.

In the intimation of the Income Tax Return (ITR), it is stated that Form 26AS contains only a partial amount of TDS/TCS with respect to the TAN mentioned in Schedule TDS 1/TDS 2/TCS. However, the amount in Form 26AS is the same as the one I claimed in the ITR filing. What should I do if the filing was processed without a refund?

Ineligible ITC And extra ITC has been claimed in FY 23-24, now in which column should it be reversed in 3B ad Last Date Of reverse ?

Sir,
A Doctor owns maintained a private hospital after dt:01-04-2024 own hospital rent to another doctor rs:10 lacs per month received
Question:
Rental income doctor gst registered compulsory
2.commerical property exempt in gst act and RCM and fcm applicable

Is tds applicable on listing fees paid to retail store by vendor to sell their products in the respective retail store? For e.g.: A retail chain store XYZ charges Rs.50000+gst as listing fees from Vendor A to make available his/her/their products in the said retail chain store XYZ.

We are paying stipend of Rs. 10,000/- to one professional.

So is this payment liable for TDS deduction ?

An Employee is having taxable income from his salary. But he is requesting his employer to deduct tds on salary income after considering his tds credit from sale of this property i.e., If the employee's salary tds is ₹.1.50 lakhs, he is asking the employer to deduct only ₹. 50k, because the buyer of his property has deducted tds of ₹. 1.00 lakh from him and the same is reflecting in this 26AS.

I question is whether the employer should accept the employee's above request.

Please help ..

Rejiesh

The father/mother are very old and now wants to transfer his/her stocks/shares (original cost Rs. 45000 Current market value Rs.70 lacs approx.) to one of his/her daughter (there are two daughters only). What would be the tax & stamp duty implications and on what value. Please note that since its a gift therefore there is no consideration involved in the transfer of the stocks/shares. Also, what disclosure is required at the time of filing annual return in the Income tax form by the daughter. Pls advise.
PS: Is there any tax implication on the donor father/mother who is retired and Super Senior Citizen.

One of my client received SCN u/s 74 of the GST Act. for discrepancies found in audit under section 65 for the year 2018-19. There is no outward tax liability short payment, there is no misstatement of facts or incrimminating records found in the audit. The GST turnover tallied with Income tax returns. Only GSTR-3B vs GSTR-2A differences only. The difference also adjusted during the time of filed Annual Return. The RCM liability also discharged. The DRC-07 issued by the department for the difference of GSTR-2A vs GSTR-3B taxes with interest and penalty. Kindly let me know the case law in favour of the client. The discripancy comes under section 73 only not for sectiion 74. Can we file rectification with the proper officer or filing the appeal. Kindly give any format for section mismatch issued by the department.

A company with Ind AS has several JV`s All AOP. Do we need to plan tax audits only or do we need to prepare as per IND AS?