sir,

I have one querry regarding GST and TDS effect in one case :

my company XYZ PVT LTD is engaged in the works contract business. they received one work order in the month of December, 2020 from ABC LTD.

They issued one service bill to ABC LTD in January 2021 on which ABC LTD has deducted tds and deposited and XYZ PVT LTD has shown as sales for reconciliation of sales in books and GST portal. Now some work is completed in the month of feb and march 2021 and xyz pvt ltd has not issued any bill to abc ltd. but abc ltd has deposited tds on that work completed and deposited without receiving invoice on provisional basis.

Now as per 26AS when we count sales, it is different then book and GST as we had not issued invoice but abc ltd has deducted and deposited the TDS on provisional basis hence sales is not reconciled.

now what is the best option to book this sales currently we booked sales on provisional basis as xyz pvt ltd has not issued invoice. Is it correct ? if not how can we reconcile books, GST sales and 26AS

please suggest:

what is ASI retrun and to whom it to submit?
is every company has to submit this or any criteria for it?
is any online process to submit return?
what are legal obligation on fail to submit timely?

also looking to consultant.


you can call me also : 7082219244

Hello
Please guide in following matters.
1. Is CA Old Scheme exam attempts extended as last attempt was May/July 2021.
2. What will be the new subjects for CA inter old course Unit 8 i.e. students who passed 1st grp of PCC ( Accounts, Audit and Law ).


Thank You

under E 1 transction what is rate tax for non submission of C form and E1 form,
Ours is Third schedule items attract Full rate of tax is 5.5%

kindly advise
shivanand@app.net.in

Sir,
It assess source of income below taxable limit(rs:2,50,000/)in f.y.20-21.if assess cash gift from parent rs:3 lacs through on cash mode received.
Question:
Assess sec 271DA penalty provision applicable in it act.

SIR TCS IS PART OF C FROM ?
IF Y THEN HOW TO FILE VAT RETURN
AND THE VALUE OF C FORM WHICH CLOUM ADD ?

Kind Attn. : Ca Sitharaman Sir

This is with reference to your expert reply on my query dated 28.01.2019 regarding GST not applicable to for Section 11 exempt entity.

In this connection, I further need your expert advice regarding under following case.

Our's is Statutory body or body Corporate established as per Section 5 of Advocate Act 1961. It's income is exempt from Section 11 and Section 10 (23A) of Income Tax Act 1961.

Now this Statutory body would like to take Group Insurance policy for it's thousands of members . Insurance Company is asking under which category as per notification No.12/2017 Central Tax Rate F.No.334/1/2017-TRU dated 28th June 2017 can claim exemption for GST?

Please guide us.

Sir,
Sec 44ad it returns filed jewellery business and pawn brokeing business person money (loan)paid to customer rs:1 lacs through on cash mode.
Question:
1.money pay to customer rs:1 lacs cash mode allowed and cash transactions limit in it act.

Dear Expert,

We are A ltd registered in tamilnadu state and using Land for business purpose. The property situated in tamilnadu state only but the landlord staying & registered in telungana state and the lanlord dont have registration in tamilnadu state.
and Landlord raised invoice from Telungana ( Landlord registration address ) to tamilnadu ( A ltd address )
In this case what is place of supply.? and which tax applicable either IGST or CGST+SGST.?

Can we change object clause and add a person who was earlier a partner as a designated partner through one amendment only or will we have to file separate form 3 for both the amendments?