Dear Sir,

Please suggest we have Cash Credit limit in HDFC and some Unsecured Loan from relatives. In balance sheet Where we can show under (a) (1) from Banks or (b)(1) Loan repayable on demand
Secured
a Term loans
i from banks
ii from other parties

b Loans repayable on demand
i from banks
ii from other parties
and Unsecured loan from relatives show under (a)(!!) from other parties Or (b)(!!) from other parties
Unsecured
a Term loans
i from banks
ii from other parties

b Loans repayable on demand
i from banks
ii from other parties

Dear Sir,

Please guide Purchase as per books Rs.14325989.20 and As per GSTR-2A Rs.14325979/- difference is Rs.21/- it maybe due to Round off Can i face any issue from IT and GST department

is audit trail apply on Ltd. Company only.
And apply from FY 2023-24.

Whether NRE Capital gain is taxable?

Dear sir/madam

I am facing a problem in validating the 24Q IV quarter ETDS . The error file which is getting generated is T-FV-2129 Invalid number of Salary Detail Record(i.e. Batch head) Please if any one know, as such how to rectify it help me.

Thanks and regards
Ashwini Nagar

Our organisation is not for profit organisation. The income of our organisation is exempted u/s. 10(23C) of the Income Tax Act, 1961 ('Act"). However, the organisation has guest houses in various parts of India and has been charging GST on the lodging charges from the guests who book the guest houses. The guest houses are booked and used by the employees of the organisation as well as by outsiders. People are employed, mostly on contractual basis, for running and maintenance of these guest houses.

The above activity of running and maintaining guest houses is not incidental to the objects of the organisation under any circumstances and in all likelihood be interpreted as "Business Income" by the Income Tax Authorities. This may also lead to violation of the provisions of Sec 10(23C) and may lead to the cancellation of registration obtained under that section.

The Question :
Is there any way that the income from guest houses be continued to be maintained / earned as is of now (charging GST thereon) along with maintaining the exemption certificate u/s. 10(23C) of the Act ?

Thank you.

Sl.No. Description of Goods HSN Code GST @

1 FIRE HOSE REEL 5909 ? ( OLD & USED )
2 FIRE HYDRENT & HOSE BOX SET 3917 ? ( OLD & USED )
3 FIRE HOOTER 8531 ? ( OLD & USED )
4 FIRE PANEL 8531 ? ( OLD & USED )
5 FIRE PUMP 7.5 HP 9045 ? ( OLD & USED )
6 WATER TANK 1000 L 3925 ? ( OLD & USED )
7 WATER TANK 2000 L 3925 ? ( OLD & USED )
8 WATER TANK 5000 L 3925 ? ( OLD & USED )
9 OCB 11 KVA 8535 ? ( OLD & USED )
10 RO PLANT 8421 ? ( OLD & USED )

I have to apply for a new GST Registration for my client. The said client will start his shop at a plot of land owned by his relative. The said relative possess a sale deed only in his name. Whether I have to attach complete sale deed (comprising of 10 pages) as proof of business site or only a No objection letter from said relative will serve the purpose ?

Hi Team,

I have a query regarding the Higher pension plan in EPF. One of our employees contributed to the higher EPF amount before 01.09.2014. He joined our organization in 2017. Our organization is contributing the higher EPF amount from 01.04.2022. Now the employee is willing to go for a higher Pension plan. Will He or Organization is eligible for a Higher pension plan?

HELLO,
April 2022 to feb 2023 we have filed gst return in which taxable value is Rs. 1,43,00,000. In march 2023 we have raised invoices of Rs. 49,20,500 in which Gst @ 18% is Rs. 8,67,690. but not taken in march 2023 due to funds deficiency. March invoices taken in April 2023 gst Return .
In Annual aggregate Turnover we should taken Rs. 1,43,00,000 + 49,20,500 ( Rs. 1,92,20,500 ). or only Rs. 1,43,00,000.
In income tax Sales / Receipts turnover should consider as Rs. 1,43,00,000 + 49,20,500 ( Rs. 1,92,20,500 ). or only Rs. 1,43,00,000.

Please guide me.