sir,
Incurred expenses in connection with maintenance of office building , electrical and floor .
such bill reflected in GST 2B. Can get ITC on such exp.
Please advise
With regards
Binu

A client is engaged in the business of speculating in gold and silver. What should be stated as the nature of business: “trading firm” or “financial investment firm”?

Since our compan is a small company and does not maintain audit trail feature as books of accouts are being entered annually for filing purpose,how to report the same in audit report

Sir,
hv file my ITR1 for FY 2024-25 in Sep 2025. Now have recd an intimation from the dept to revise my ITR since a mismatch has been found.

am working in a tractor dealer ship as sales manager. i, on behalf of my company, used to link customers to Financial institutions like Kotak Mahindra Bank, Mahindra Financial Services and the like to avail loan for purchasing tractors.
The FIs pay commission (term they use is PAYOUTS) to my company as we give business to them. Few years back FIs said that they can't pay it in the name of the entity and started paying in my name. Tds is under Sec. 194H.

i show it in my ITR1 under Other income head for the past 3 years. Hv paid/recd refund tax accordingly.

This, for FY 2024-25, i hv recd a mail stating that
quote"
we have identified a significant mismatch between what you have filed in ITR and info shared with the department. Revise ur Return within 31st Dec."
unquote.

Please anyone help me how to proceed on this.

p.s. Since i hv only salary income and this commn, and no other investments to complicate tax calculation, i file ITR on my own.

If I prepare multiple invoices for different customers of the same vehicle, each worth Rs. 40,000, do I need to generate an e-way bill?

If I prepare multiple invoices for the same customer in the same vehicle, each worth Rs. 40,000, do I need to generate an e-way bill?

Hello

Getting the cited message though I havn't claimed deduction u/s 54F. How to resolve this ?
Pls help

Sir/Mam,

Composition Dealer GST Annual Return Filing Due dates, what is penalty and is it mandatory

plz explain

Thanking you,

After reading a few questions on tds under 195, I got a few questions, if anyone can kindly help me understand.

1. If I purchase courses from coursera for personal use. The invoice mentions their foreign address. Do I need to deduct TDS under section 195. I have also purchased a few courses from udemy but the invoices mention Haryana office.
2. As a part of the same question, do I need to deduct tds for payment to Netflix and prime video. Both of the invoice have the India address of Netflix and prime.
3. I have also booked travel air tickets from Agoda and few sites which also have their foreign addresses in the invoice. Do I need to deduct TDS in this case?
4. Also, as an individual, what should I check to know if I need to deduct TDS?

As an individual with no audit or anything, is there any scrutiny for these things

One of my GST client had expired during Feb.2025. Can his assistants/relatives file his pending GST returns ? Because many pending transactions (Sales) are to be executed at all cost.

If Person is Unregistered in GST Act & Providing DSA Service & Earning 60 lakh Commission from NBFC.
Weather it is required to get registered under GST Act or RCM Provision is apply on NBFC.
if person take GST Number then on such commission income tax liability is on NBFC or Registered Person?