Dear Experts,

1 A company purchases a car for buisness purposes, which sale value is more than Rs 36.00 L.
2 This sale consideration consists of Ex Show Room Price, Road Tax,Insurance, handling charges etc.
3 Dealer collects 1% TCS from EX-showroom price.
4 Query is:
Whether the dealer needs to collect the TCS at 1 % on Ex-sowroom price or inclusive of all the charges as mentioned above

Respected Sir/madam, I have received security service from a unregister organization, Should i pay RCM on Paid of Security amount. Kindly Suggest.

HI
How the income received from trading of shares is calculated and taxed for income tax.in both cases short term as well as long term capital gain. What is the tax rate applicable in both cases

CAN COMPANY TAKE ITC ON EVENT BILL FOR BUSINESS PROMATION.

Dear Expert,

I request yourself to provide me the GST rate applicable on Air Freight in Export and Import shipments and type of GST i.e CGST + SGST or IGST.

Thanking you,

I HAVE FILED PTM 03 FOR RE-CREDIT OF DISALLOWED REFFUND , HOW TO CHECK STATUS OF SAID BALANCE.

I have filed ITR-5 With "Pay later" option. ITR of partnership firm which have liability around 4K.
what to do in that case. i have to file revise return or wait? or I have to make payment of it ? what should i do ?

DEAR SIR,

ONE MY CLIENT, PURCHASED AGRICULTURAL LAND AND DEVELOPED LAYOUT, AT LEAST MORE THAN 138 SITES WILL BE DEVELOPED FOR SALE. NOW MY DOUBT HOW TO CALCULATE HIS CAPITAL GAIN ON HIS SALE OF SITES. BECAUSE SITE WILL BE SOLD AS ONE BY ONE ALL SITES WILL NOT BE SOLD IN A YEAR. WHAT ARE THE EXPENDITURE TO BE DEDUCTED. HE DID NOT HAVE GST REGISTRATION.

IF IT IS NECCESSARY TO BE TAKEN GST REGISTRATION AS A DEVELOPER TO AVOID LARGE CAPITAL GAIN TAX BY COLLECTING GST FROM BUYER OR TO BE PAYABLE CAPITAL GAIN ON HIS SALE OF SITES. PLEASE YOUR VALUABLE SUGGESTIONS VERY MUCH NEEDED.

REGARDS

A non resident sold his mutual fund. But the mutual fund companies have not deduct his tds which is liable to be deducted u/s 195. Now he wants remit that money abroad from his NRO account to foreign bank. Since the tds is not deducted ; he paid all the tax liability on capital gain by way of advance tax. Now the bank wants 15CB certificate. In certificate; tds rate & tds amount is required to be mention. There is no point in 15CB to fill advance tax details. In such case how a 15CB is required to be issue? Surcharge is not applicable to him but as per sec. 195 surcharge is also required to be deduct. Surcharge is not included in advance tax. Please reply.
Thanks in advance.

Dear Sir / Madam,
My query is as follows:

Mr A, a dealer from Maharashtra, found DRC -07 for FY 2018-19 i.e. Order u/s Section 73 (9) of the Maharashtra Goods & Services Tax Act, 2017/Central Goods and Service Tax Act 2017, under his GST login issued on 31/03/2023. It stated a demand of Rs. 347377/-. The demand is raised on account of ITC claim in GSTR-3B filed beyond prescribed limit as per Section 16(4).

However he discovered this DRC-07 on 8th August 2023.

Now the time limit of 3 months for filing GST Appeal from the date of notice i.e. 31/03/2023 is over. Also the one month available for filing condonation in filing GST appeal is also over.

What remedy does he have to challenge this demand?

Kindly guide.

Thanks & Regards,
Suraj