Sir,

A Person has two business proprietership firm Trade name of 1 Business is ABC ( Supplier of Marbles Cut piece ) turnover is Rs.1834200/- and 2. business Trade name XYZ ( Shoe Marchent ) turnover is Rs.3146000/- Can he need GST Registration if Yes Trade name and business are difference How he will file his GSTR-1 and GSTR-3B Please suggest

If any private limited did not file MGT-14 for the special resolution passed in the EGM held in the year 2019. Then what will be the consequences of not filing the form MGT-14 to ROC ??
OR

Is there any lawful remedy for saving the company from heavy penalties ??

My client died in July 2022. I was unable to file his ITR as the Accounts were not done as i didnt got the Bank statements and other records from his family members because they were mentally disturb to send the same.
I dont want to file ITR-U as the tax liability for ITR-U is 25% or 50%. Can I file ITR in normal course till 31.03.2023 on the grounds of ill health, medication, death of the person, Pl Guide on this matter.
Thnx & Regards

Suppose a invoice raised by vendor on 28th feb 2023 and we have make a payment on 1st march 2023 after tds deduction then what date we should deposit the challan on 7th march 2023 or April 2023 ?

Ours is a Sole Proprietorship Concern operating a registered Goods Transport Agency. Proprietor has let out two commercial spaces which is his ancestral property and showing it has Income from Rental income in his IT Declaration. And for rental income he is paying GST @ 18% also under firm's GST number itself. He is providing Man power for the sake of loading and unloading at one of customer's place for which we are including its cost in monthly billing other than transportation charges. And we were advised to bill Rent and manpower supplies with GST rate @ 18%. For transportation charges we were billing under RCM. We did not opt for Forward charge mechanism for Financial year 2022-23 and were not taking Input tax credit also. We want to go for FCM for Financial year 2023-24. But our auditor is telling since our proprietor is having rental income and manpower supplies under same GST number, we cannot give declaration in annexure 5 for opting FCM and not giving any clarification. But we want to go for FCM and avail Input tax credit facility as our main business is of GTA. Please give clarity about whole scenario and advice.

Thanking you,

Shalini RN

i am a real estate consultant.3 months back I received the money with 10% TDS deduction(GST not applicable) to my individual S/B account from the client. After three month I send back that money to the client because of deal is off. So how can i reverse the TDS from my IT records.

Can limit under section 186 of the Companies Act 2013 be calculated monthly ??

Or is it mandatory that this limit shall be calculated annually ??

We wrongly not generated e-invoice. We generated e-way bill for the same. So, can we generate e-invoice on the next day or not...???

There are two HUF. Ram HUF and Ravi HUF. Ravi karta of Ravi HUF is also a member of Ram HUF. Ram karta of Ram HUF passes away. The gold jewelry of Ram HUF transferred to Ravi HUF.
Ram grandfather and Ravi his grandson.
Is it taxable under income tax. Can the experts throw light on such a transaction please....

The assessed purchased a property for RS 7700000 in FY 22-23 at time and agreement was executed while circle rate was 8200000. Before the registry date circle rate was increased by govt to 9600000 The registry is still executed at 7700000 am FTDS deducted at 9600000 as circle rate was higher The assesses is in merchant navy Will the old agreement hold any value while assessing tax Or the difference be added to his incone also will his NRI status be in question as his incone in India will exceed 1500000 if difference is added to his incone

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