Good Afternoon,

There was contract supply of material at agreed price which later on refused by vendor. Now we want to debit the vendor with lumpsum amount of 800000/- towards not supply of material which is under 5% IGST

So how can we treat this?
should we process the entry & book it in miscellaneous income or issue debit note with GST?

Thanks

in one hsg coperative society - tranfer fees to incoming members was charged at particular rates
which is now limted to max 25000/- per flat
income tax has now issued a notice bringing all transfer fees received as normal income .
pls guide whether the same is taxable or exempt as the society was collecting the same for
repairs -which was also spent on repairs
if any case laws are there -- pls guide and forward
PLS GUIDE
THANKS

Dear Sir, Need guidance on selling of property and attraction of capital gain tax. To save on capital gain tax can one purchase second property pre and post selling of the first property? What is the time frame for such transactions? Points to keep in mind while doing such transactions to save on tax.
Thanks

Sir/ Madam
Plz guide
Is there a body that empanels Valuers for Capital Gains purposes.
If Yes which is this Body and how empanelment can be Taken
If Not then who (Valuer with what certification/registration) is allowed to Value Land & Machinery for Capital Gains purposes.
Hope you can guide me on this
Thanks in Advance

WHETHER REPAYMENT OF LOAN BY EDUCATIONAL INSITUTION IS AN APPLICATION OF INCOME FOR SECTION 11(2)

Dear Sir/Madam, I Have submitted the EPF registration form on Shram Suvidha Portal, I have Got the ESI No, but in EPF its showing the error "We found some error while resubmitting your application for EPFO Registration", but it is not showing what is the error, please let me know what can we do to register the EPFO in Shram Suvidha portal. Thanks in advance Thanks & Regards

what will be the Juridiction and commissionerate for Vasundhara ,sector -2c Ghaziabad-201012?
In drop down menu for State Jurisdiction i am getting -Ghaziabad Sector -11,16 and 19
Please advice.

As per IT notification NRI's have an exemption for linking PAN with aadhaar, but at the time of linking PAN with Aadhaar at later, have they required to Pay penalty amount.

Foreign company registered under the International Companies Act, 1987 under the Laws of Samoa. Is the same company shall need to submit Tax Residency Certificate for attend any tender in India?

Pan mismatch occurred due to a wrong entry in the TDS return in Form No.24_Q3 for the current F.Y. 2022-23. In lieu of the actual PAN “AGHPP6795Q” (age is 53 years) wrongly entered PAN as “AGHPD6795Q” for the 3rd QLY TDS salary return but NO default was made (statement status in TRACE shows Processed without default) and only red color was there on the PAN in the consolated file. On correction PAN and at the time of validation through FVU 8.0 MESSAGE comes "Count of section 194P statement records must be provided only for Form 24Q, financial year 202122 Quarter 4 Onwards”. She has only a salary and interest income. Kindly let me know how to overcome the default. Regards, Tarak Kumar Roy, 150/1/1, Banerjee Para Road, P.O. Naihati-743165, West Bengal