Respected Sir/Madam,
My query in context to Sec 194Q TDS and Sec 206C TCS, If Seller collect TCS till dec 2023 on sales but turnover of buyer exceeds 10 crores in previous year then 194Q prevails, In this case now, buyer deduct TDS from Jan 2024 and send declaration to Seller for deduction of TDS 194Q then for previous nine months till dec 2023 buyer not able to deduct TDS 194Q then in this case is there any non compliance notice received from the dept or any demand notice issued by dept.

Kindly guide or help in this regard

X NGO registered on 29.09.21 taken PAN , Paid up capital 1Lakh ( 2 Shareholders 50000 each) could not commence any business, having bank account opened on 11.07.22 deposited 1Lakh & withdrawn 1Lakh , balance 2100 on date. No activities of any charitable purpose was done , now what is the procedure 1. To continue as NGO and commence business, except PAN company could not file any ROC forms after registration or 2. Whether can we strike off the NGO what procedure is to be followed , or otherwise 3. Can another NGO which is running with all formalities of ROC, can this NGO be amalgamated, what is the procedure & cost?

Hi,

Can you share EMD balance confirmation letter format, please?

Reg
Naveen

sir,
Payment to MSME in sec 43b(H) provision applicable for sec 44ada and sec 44ad it persons.

What is the difference between lease and tdr ?

Hi,
In the financial year 21.22, an Input Tax Credit (ITC) has been reversed in GSTR 3B as per the provisions of section 17(5) due to a misunderstanding.
Consequently, the same amount was paid through DRC 03 in the financial year 22.23 during the annual return filing.
This implies that the ITC has been reversed twice, and now there is a need to claim a refund through DRC 03 for the amount paid in FY 22.23.
I kindly request your suggestions regarding the options available for DRC 03 and any relevant case laws pertaining to this matter.

Thank you

My client is a developer company. He appoints security personnel at the main gate & other areas of his constructed projects & pays subscription fees to subscribe 'My -GATE' software & 3 nos accessories to the security personnel for control entering people into the project. He considered subscription fees of the above software & accessories u/s 94c and did not deduct TDS as the quarterly bill including GST is INR10620/-. Is the above software subscription fees will be deducted u/s 94I(a) as the threshold limit will be exceed above INR 30000/- excluding GST? please clarify.

Can an audit under section 65 be initiated by the CGST Authorities on the assessee for the same years for whom inspection under section 67 was done and orders issued by the SGST Authorities? Pls enlighten.

Is it possible to file itr 6 for a private limited company now. Fy 2022-23

dear sir,

i have filed gstr 1 and 3b in the month of december 2023 one mistaken happened while filing returns. i have selected 18% gst on pure labour service instead of 12% so how to correct the errors.

thank you

regards