Dc Company hiring us to transportation of mining minerals for place A to place B. We don’t have any vehicle so we hired 20-25 transporter (which own less than 10 vehicles during the previous year) with vehicle to do this job and directly paid to transporter and booked as a transportation expenses in our books of account.
As per section-194c(6) if transporter own 10 or less goods carriages at any time during the previous year and furnishes declaration to that effect along with pan to the person paying or crediting such at time of payment or crediting the party, whichever is earlier.

Further dc co. Deducting TDS of (abc) of us.

Query-
1. Weather we will liable to deduct TDS third party transporter?
2. If we not deduct TDS on transportation expenses, it shall be allowable as an expenses at the time of audit u/s 44ab?
3. If we not deduct TDS on transportation expenses in above case what should the remedy at time of income tax notice or scrutiny?

Facts : A Lady Doctor (Dentist) in Delhi stays at “X” Location and has gross annual receipts from her profession clinic in Delhi state at “Y” Location of Rs. 15 Lakhs. Apart from this, she receives rent of 24 Lakhs p.a. from letting on hire her commercial property in Uttar Pradesh.

Q: Whether she is liable to take registration under GST in Delhi (Location “X’ or “Y”) / Uttar Pradesh only / Both the states separately?

Q : Can she take registration in U.P state only and do all the compliances of GST without touching upon her clinic’s (Health Care Service) income from Delhi ?

i had made an application through RIT website to ICAI, but mistakenly wrote that i wanted marking of steps. I actually wanted to know my answerbook evaluation pattern to improve my study. Will ICAI block or blacklist or debarred me from giving further exams and clearing ca exam as i asked marking steps?? Plz guide.

Capital asset being tenancy right in home is.sold to another tenant.

My.view -- acquisition cost will be nil due to tenancy rights bought before 2001 for no cost (if no cost is incurred before 2001) ,so fmv cant be taken..

But my q is.. can we take cost of improvement over the years from 2001 till today? Like repairs etc?

My view yes..n just index that cost of improvement

My q is..can we take cost of improvement

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Are post sale discounts/incentives received through financial credit notes for prompt payment, target based discounts etc taxable under the hands of dealers who receive them?

Can it be treated as support service for enhancing the sales of the supplier and can the discount or incentive received be treated as consideration for the said support service?

The types of discounts or incentives are cash discounts, target based discounts, discounts for prompt payments etc. I have a view that these are not liable to be taxed at the hands of the recipient of the discount. However, if gst is being demanded on the said amounts on the grounds that

As per Section 2(17) "business" includes -
(a) any trade, commerce, manufacture, profession, vocation, adventure, wager or any other similar activity, whether or not it is for a pecuniary benefit;
(b) any activity or transaction in connection with or incidental or ancillary to sub-clause (a);

As per Section 2 (102) of the CGST Act,2017 "services" means anything other than goods, money and securities but includes activities relating to the use of money or its conversion by cash or by any other mode, from one form, currency or denomination, to another form, currency or denomination for which a separate consideration is charged;
As per Section 2(31) of CGST Act, 2017 "consideration" in relation to the supply of goods or services or both includes-
(a) any payment made or to be made, whether in money or otherwise, in respect of, in response to, or for the inducement of, the supply of goods or services or both, whether by the recipient or by any other person but shall not include any subsidy given by the Central Government or a State Government;
(b) the monetary value of any act or forbearance, in respect of, in response to, or for the inducement of, the supply of goods or services or both, whether by the recipient or by any other person but shall not include any subsidy given by the Central Government or a State Government:

In this case, these incentives are treated as consideration from suppliers for enhancing the volume of sales in the furtherance of their business. Such activity/transaction effected in the course or furtherance of business is a supply of service under Section 7 of the CGST Act.
The nature of the above activity is classifiable under support services related to promotion of trading by receiving payment as an inducement for supply of goods in the course or furtherance of their business. As per Entry No. 453 of the Annexure to the Notification No. 11/2017 CT (Rate) dated 28.06.2017 the services is classified under 998599 as ‘other support services nowhere else classified’ and attracts 18% of GST.

Is this acceptable? What are strong grounds to clearly object this demand?

I sold a property in December 2022. I filed my income tax return showing the sale of property along with other incomes

But the problem is that in my AIS, the sale consideration for property is shown three times. For example i sold property at 86 lakhs but my AIS show 86 lakhs * 3 = 2.58 cr

In my return I showed sale value as 86 lakhs which is not matching the AIS. Due to this my TDS got prorated and I got a demand of Rs 4 lakhs which is incorrect.

How should I address this problem?

Hi Experts,
I had some share of a company that has been delisted now.
Please guide, how can i take back my money?

Thank You

Can we pay gst appeal pre deposit through Electronic Credit Ledger ?

If yes, then how to get refund of such ITC at the conclusion of such appeal ?

what amount to be taken for stock transfer from one state to another state under GST .