Dear Sir,

We have received the services from Unregistered Transporter who is belong to Delhi ( Delhi to Gujrat) Now please suggest in which tax RCM charge IGST Or CGST/SGST. someone told me tax Charge under CGST/SGST because transporter is out of state and he is unregistered

Dear Sir,
Please suggest Comparative Figures and frame work so that its easy to me for audit
Assessee has not disclosed the
comparative figures in the books of accounts as required by the framework of ICAI related to presentation
of financial statements

what is the process for condonation of Delay if Trust had filed late form no. 10B? In how many days condonation of delay will be given?

While filing 26Q for Q1, error is coming "Due Date of which amount paid/credited". I have put cerdit date as 07/04/22 as tax credit date as 07/04/22. The same tax was paid on 19/08/22 with due interest.
How to solve this issue

Dear Sir,

Kindly Suggest what is the meaning of Records Necessary to Verify The Transactions of personal nature were not maintained by the assesses.

Dear Experts, one of our company issued a Receipt voucher in July, 2021 to a GST Registered company & against this receipt voucher, we had received total amount including GST & also party deducted TDS on that amount. We had filed our GST return and shown it in Advances Received in GSTR-1 And also shown in GSTR-3B (GST Paid to Govt. Authority). Now August, 2022 this deal is cancelled due to some reason & we have to refund total amount to the party.
shall we raise credit note or payment voucher in respect of GST for full amount plus GST. What happed to TDS, which was deducted by the party in last year.
please give some suggestions regarding the same.
Thanks in advance

I have submitted a nill return for AY 21-22 u/s 139(1) to avoid late fee u/s 234F. Later i have submitted a revised return opting for new tax regime and offered a income of Rs.14 lakh and tax was paid accordingly, while i was uploading my revised return there was no error message. But the return is processed now and i have received order u/s 143(1) mentioning a demand, after analyzing the order i came to know that tax was calculated in old regime. But in case of AY 2022-23, portal shows an error that "New tax regime cannot be opted after the due date", Is there any solution to reduce the demand for the AY 2021-22?

Sir,
Suppose a Builder wants to sell a Commercial Unit/Office Rera Carpet 31.43 sq. mtr to Mr X with One Car parking free of charge i.e. Agreement value is with out Car Parking ( mentoning in the agreement that the One Car Parking is provided free of Cost)
The RR Value of Unit + Carparking ( Rs. 75,07,000+ 6,85,000) is Rs. 81,92,000/-
My question is if Agreement is registered for (75,07,000/1.10) Rs. 6824545/- is Ok
should be registered for 74,47,273/- [ 75,07,000+6,85,00 = 81,92,000/1.10) to be out of the purview of Section 43CA , it is within safe harbour.

Please explain

My company is the MNC having office in India (separate legal entity)
We have acquired a company through Asset Deal (taken over working capital i.e. Accounts Receivable, Accounts Payable & Inventory). Goodwill is recognised in financial statement.
Assuming the future performance of acuired business (based on the market research & other combinations), we have created Supplier List which is part of the Goodwill only

So now we have Goodwill account on which we are not calculating amortisation, but we are applying amortisation on Supplier List for definite period

** My query is, whether to consider Supplier List (being Intangible asset) while calculating Net Worth of the company ?? **

Reference : Section 2(57) of Companies Act'2013
"―net worth‖ means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet, but does not include reserves created out of revaluation of assets, write-back of depreciation and amalgamation;"

I have Business income under 44AD wherein profit is more than 8% declared and long term Capital gain.
Now I can not file ITR4S but have to file ITR 3 due to CG.
While filing ITR 3 one question is there in form for 44AA applicability for maintenance of books if I mark it as yes and only show 4 figures utility does not accept and ask for all the figures of P&L and Balance sheet.
If I declare all the figure rather than only 4 figures then it does not allow me to show under head 44ad but as normal income.
I have to declare in 44AD only or else it would amount that I am opting out of 44AD and then subsequently for all future year have to file ITR3 with all figures.

Please provide assistance on this part.
Thank you.