Hello Experts,
I have applied for revocation of cancellation on 06th December 2020 with relevant documents.
Registration was cancelled due to non filling of returns.
Till date its showing pending for processing.
What to do now ?

Thanks in advance

Me and my parents are covered under a mediclaim policy taken by the company I work for. Can I claim 80d deduction on medical expenses incurred on my senior citizen parents which were not covered by that policy ?

If somebody has not filed the NIL GST return from 01-April-2020 to 31-Mar-2021 then what will be Penalty on late filing or late fee could be waived off. Kindly help.

Hello Sir/Madam
Requesting clarification

Is AS 10 applicable if a fixed asset like land is given on lease/rent to another person to construct a building upon it?
Reasons on why I considered AS 10 :
1. land is a fixed asset and held with intention of being used for the purpose of producing or providing services
2. addition or extension of capital nature to an existing asset (as the land is given on rent/lease )

Purchased vehicle on 30.11.20 for Rs. 33 lakhs. Vehicle met with accident on 26.03.21. Total loss claim received Rs.24 lakhs, scrap value received Rs.1 lakh, what is the accounting treatment and accounting entries for this. Kindly advice.

Mr A registered in andhrapradesh & purchase goods from telangana to sell in Andhra pradesh.

he forgot to reverse ITC for credit notes inrespect of those goods and want to do it now,

while doing it asking for place of supply for IGST reversal. all my goods was purchased from telangana only.

*** SO WHAT IS PLACE OF SUPPLY- TELANGANA OR ANDHRAPRADESH

dear sir, tds on purchase is applicable from 1.7.2021 if seller charge tcs still i have to pay tds?

We have applied GSt refund , Department sanction my refund and issued RFD 05, But bank account validation failed as per PFMS , then i amend my bank details in non core field and approved , then i try to update bank details in Track application status in refund option then OTP not accepted by portal when i submit OTP ERROR msg show, my issue is pending in GST Grievance since 60 days .

Kindly Suggest any solution,

Thank you in Advance.

Hi All
While filing return for one of the service provider, GST site is showing error of UOM. Earlier we used to write UOM as Others as he is a service provider. Is there any solution to this?

Thanks in advance.

In FY 20-21 a vendor collected TCS u/s 206C(1H) from me because sales exceeded Rs 50 Lacs. Suppose from 1.10.2020 to 31.3.2021 total sales from that vendor to me is Rs 120 lacs, hence he collected tcs @ 0.1% on 70 lacs (ie over 50 lacs) u/s 206C(1H). Now in FY 2021-22 in the month of April he sales goods amounting to Rs 10 lacs to me but he collected TCS u/s 206C(1H) on the 10 lacs itself, ie 50 lacs limit not exceeded but still he collected TCS u/s 206C(1H) on the 10 lacs. Whether my vendor is right on collecting TCS on 10 lacs or he has to not collect till 50 lacs and thereafter he can collect TCS on sales over 50 lacs.
Please resolve my query.