To move the taxable goods from our factory premises to GTA Transport office for supply to the buyer through local transport i.e. Auto or mini carriage vehicles (Un registered) at the time we have paid outward freight charges to un registered persons with RCM -5% (Input & Output shown in GSTR-3B) in this regard we booked expenses as Outward freight Charges in Profit & Loss account. But, GST Officer not accepted by GST RCM-5% input taken, They demanded 18% GST. So , pls give the advice which is the correct. and give me any Document Evidence.

MR. A Paid Rs. 1000 excess than his liability in GSTR -3b in FY 2020-21 and also paid excess tax Rs. 1200 in GSTR -3b of FY 2021-22 and now he wants to pay less tax Rs. 2300 in FY 2022-23
can he do so?

Hello Expert,

One of our vendor is in Transport industry, he taken registration in the month of October-2022 & issuing invoices in RCM category. Now he is in planning to purchase new vehicle & want to claim ITC on this vehicle & issue invoices in Forward Charge. What compliance need to maintain in this case. When he can start Forward Charge invoice & what % of tax applicable ??

Please share any provision or base under law.

Dear Experts,

My colleague reversed in Sept'21 an ITC of 3,04,402(double the actual) instead of 1,52,201 on account of an unmatched ITC with 2B. Later in the month of Mar'22, the reversal was 1,52,201 3rd time instead of reclaiming excess ITC reversed. Overall 3,04,402 overall excess ITC has been reversed as of today. Can we able to claim these ITCs even if the due date for claiming ITC is u/s16 has lapsed? Kindly provide me with supporting references. Thanks in advance.

what are difference between Health Insurance ( Mediclaim) and Life insurance.

Many new features have been introduced by the Income Tax Department for uploading TDS/TCS returns through TDS_RPU_4.4 and after passing validation through the new FVU version 7.9. There is a new feature in the said FVU which is “TDS/TCS Input File Name With Path”. Kindly let me know what would be the “Input File Name” and from where to get it OR to be created.

Filled ITR yesterday. To-day , I tried to submit the ITR. But saved ITR could not be opened. A message appears "You do not have any saved draft" What is the solution ?

Hi

Kindly guide we have received income tax notice 139(9) to file revise return due to some tds reconcilation .on mail communication received to take action before 29th december .On 29th we have revise our income tax return but we are unable to file intimation due to submit button in not active as last date showing there 28th december. But we have taken action on basis of email communication and date mentioned there is 29th december .Kindly guide is there implication when we have taken action to revise return on 29th december according to email communication .But unable to file intimation due to intimation date is 28th december 2022.And status showing in view filed return in revised return file in response in 143( 1) adjustment.Kindly guide what will be implications for the same.

Dear Sir,

I have Filed ITR-1 for FY 2019-20 income from Salary, Interest fd and tution income. In FY 2020-21 i filed ITR-4 income from tution fees, boutique income in FY 2021-22 please suggest which ITR form i shall file my income is tution income, Salary income interest from FD. No income from boutique. Can i go for ITR-4 or ITR-1

Kindly advise

Sir,

I joined a company 3 months ago. Today they said I need to sign declaration form (form 11) saying I do not want PF to get deducted from my salary.

My query is do I need to give a declaration for not availing PF contribution. What is form 11?

Regards,
Vishwanath