the officer issued an SCN jul 2017 to mar-2018 regarding RCM on Mining Royalty but Drop the processing of that SCN saying that the SCN was wrongly issued after this, a new SCN is issued for the same period or same matter in which tax has been issued for more tax than the earlier SCN. can SCN of same duration be issued on same issue with more demand please guide me.

Can a private limited company issue share to director against his unsecured loan and director is also the shareholder in the company.

is disallowable expenses transferred to drawing accounts in the case of individual and HUF.

hello all could u please guide that whether a Foreign Russian director and sharholder holding 99% shareholding in Rs 2lakh share capital co. Now to purchase new machinery in india in what way he can invest his funds from Russia to India. i.e whther by increase of authorized share capital or External commercial Borrowings (ECB). what are procudures and legal compliance with ROC, RBI AND OTHER AUTHORITIES . LOOKING FORWARD FOR RESPONSE

We manufacturer making invoices to overseas customer for tool cost and the tool physical movement will not happening, we develop the tool and keep it us for manufacture of components.
Invoices making in foreign currency and amount will be received in foreign currency.

Whether GST applicable for the said transaction?. request to advice how to do the transactions.

Greating of day
My query, which amt of ITC to be bifrucated in Table 6(B) of GSTR-9 net of ITC claimed in GSTR-3B or gross ITC without adjustment of debit/credit note as the amount auto papulated in Table 6(A) of GSTR-9 is Gross.

Thanks to all experts

The company provide insurance coverage for an employee. It covers following
- Death benefit
- Permanent disability
- Critical Illness

This insurance is in addition to health insurance where the insurance amount paid is as per actual spend

As per my understanding Death benefit received by nominee is tax free under section 10(10d).
But I am not very clear how is treatment for lump sum insurance amount received for Permanent disability or critical illness such as cancer.

Mr. A has claimed ITC of FY 2020-21 in the next financial year 2021-22. Whether the difference arise because of ITC claimed of previous year is to be shown in the Table 6 or Table 8 of GSTR 9?

Hi,

I filled my ITR for AY 2022-23 on July 2, 2022. I received Defective notice u/s 139(9) on Sept 2, 2022. I filed a Revised ITR on Sept 3, 2022. I received a Demand notice for Interest u/s 234A + Fee u/s 234F on Nov 25th, 2022.

Do I need to pay the penalty/fee amount?

Please advise.

sale of high end cars above Rs10 lacs attract 1% TCS, sale of any goods and recv more than Rs2lacs in cash attract tcs @1% , so what will be the tcs is it 1% or 1+1 = 2% tcs