CA Parul Saxena
30 January 2023 at 12:44

Login on icegate

i have heard that juse IEC code required to login on icegate can somebody please tell me how to login on icegate portal?


shivam singh

Circular 23/2017 dt 19.7.17 clarifies that TDS should be deducted on amount excluding GST, provided GST is indicated separately. Now, under Income Tax act, for what purpose should this circular be applied.

1. For the purpose of ‘determining the amount’ on which TDS should be calculation .

2. For the purpose of ‘determining TDS APPLICABILITY’ ie: scope of TDS threshold limits.

If the scope of the above circular be applied on point no 1 , then what is the scope of checking threshold limits(including GST or excluding ).



Gaurav Sejpal

If the material is billed to the bangalore customer from Delhi. Bangalore customer is accepting the material. Can we reverse the Tax Invoice and issue new Invoice to other customer of Bangalore and dispatch the material to other customer from bangalore itself (Bangalore Transport Hub)


Vishal Kumar

Is there any circular/Notification from RBI for offsetting value of Additional Collateral against NPA


ABHISHEK TIWARI
30 January 2023 at 11:16

LEDGER SELECTION

If, we provide reimbursement against repair & maintinance of personal vehicles of staff's car, then what GL have to open.

For Example, Staff welfare or Repair & Maint. Vehicles


P.Madhivadhanan
30 January 2023 at 09:22

ITR U FOR THE ASST YEAR 2022-23

Assessee's Total income for the financial 2021-22 is Rs.472800. After 87A relief his tax is zer0. 234F Rs.1000 Payable. He wants to file ITR U for the asst year 2022-23. He has not filed return already. Is it possible . If it is possible challan 140B or 140A. How much is the tax payable. His age is 58 years.


ALOK GOEL

History-
I paid monthly contribution ( about 12%) from my tax paid salary to my Company regularly for 14 year ( about Rs. 9 Lakhs)
After retirement at 60 years , Company fixed my monthly Annuity through SBILIFE and I am receiving annuity monthly .
Question -
This annuity is taxable or not ?
In my opinion , it should not be taxable as I had contributed this Rs. 9 Lakh fund from my taxable salary for past 14 years. Can we connect this case with Section 10 , Tax clause 23aab
Kindly clarify me .
Regards


VISHNU
29 January 2023 at 10:28

Economic profit

Why most people consider accounting profit and not economic profit. And from our childhood itself we learn about accounting profit only. Why so?


Gopalakrishnan. S
29 January 2023 at 10:00

Restaurant under 5% GST without ITC

Sir,

One of my friend is running a restaurant. He opted for 5% GST without availing ITC.
His turnover has crossed 1.5 crores in October 22 itself, but he noticed it now only.
Can he continue under the same scheme for this FY ? What should he do now ?
Pls. advice.


Mahabir Prasad Agarwal
29 January 2023 at 08:23

ITR Filing AY 2022-23

Sir, Is there any way to file ITR for AY 2022-23 now ?