A company engages back to back subcontractors with a commission of 1% on the Invoices Raised. Please guide me on accounting treatment to be followed as per the Accounting Standards on Revenue recognition and booking of Expenditure. The tax bills are raised only on the information received from the client to raise the bills both by the Company and Contractor. Whether this procedure is correct. Whether revenue recognition and booking of expenditure has to happen at the close of the year as WIP. Please guide me.

Sir,
Please guide me how can i separately download CSI file for form 26Q & 24Q 3rd qtr . tds return for FY 2022-23 and how it validate . Further we have paid TDS payment for Nov & Dec 22 through Over the counter and i can downloed challan file from Incom tax poratal but cant segregate and validate it for 24 Q and 26Q.
Please revert .
Thanks & Regards,
Harish Thanvi

if we have paid the professional fees in april 20000/- , june 5000/- & now we have pay 7500/- . How deduct the Tds ? 32500@ 10& or 7500@10%..

Dear sir

Can we have 2 GST registration in same premises same Business with Different PAN or Person
sir


Please Suggest
Thank in Advance

For some reason i may have to select Goa as my exam centre when i appear this for may 2023 but since i am not very sure of the place i would like to know where the exam centres at goa are generally held?? In exam notification 2 cities are showing Mapusa and Margao, which will be more convenient to me? I am from thane city

which college comes as a exam centre in goa (Mapusa and Margao) Pls help if any1 knows accordingly i have to select centre

how can I pass the journal entry of Term insurance plan .

Dear Sri,
I need suggestion on below mentioned case:
Contractor has taken parking space from railway . Now railway collect license fee from contractor and raises invoice under reverse charge. Contractor has deposited the GST under reverse charge. Now my question is whether contractor is also required to pay GST on parking charges collected from customers.
Regards,
Ajit Singh

Dear Sir / Madam,

Central Government is giving subsidy to manufacture of fertilisers for selling their product to farmers on lower rate as prescribed time to time.
I want to know whether subsidy is part of turnover or aggregate turnover in GST provisions. Also tax liability in the hand of subsidy recipient or reversal of Input Tax Credit (if any).
Regards,
Mohan Jain

Actually my neighbour got demand notice for 2,50,000 from department. Department says within 30 days pay demand. Beyond 30 days along with demand 1% interest payable
My neighbour have not sufficient money for paying in single instalment. He wants to pay amount in two installments.
My doubt is can he eligible to pay demand amount in instalments and interest impact if any please explain.
After payment any reply will given in income tax site.
Thank you sir

Sir, applied for GST registration but received SCN notice (Please provide the photo of
the owner of the PpoB,tanents and witnesses WITH GPS CAMERA standing in the front of the
Principal Place of Business (PpoB).and adhar card ,pan card also uploaded of all persons)
Can't understand the meaning of above and how to reply?
please reply asap
regards
vikas