mr x having textile business has an additioanl office which he has rented out to mr. y (who is gst dealer in computers) .

mr.x wants to buy an ac for use by his tenant mr.y .

who can claim itc on this ac ?
my view --> mr.x is getting rental income (he is gst dealer for his seperate textile business) so he cant claim itc as its not used in his textile business.

mr.y cant claim if mr. x has purchased it. so is it wiser that mr.y buys ac in his name so atleast someone can get itc?

regards, ca kunjan, 9222 9222 92..

Can anyone resolve the query NRI Company need to provide a No PE certificate on letterhead or apply through the Incometax website?

One Tax payer is eligible for e-Invoicing in the FY-2020-21 and generated the e-Invoices. Gradually his Turnover decreased and his Turnover in the previous year i.e. in 2022-23 is only 1 Crore INR. Is it mandatory to generate e-Invoice for this Tax payer in the FY 2023-24?? Please provide the details.

i have serve my employer 4 year 11 month 11 days is i am eligible for gratuity
my job location is Odisha but employment is in Maharashtra

if i am eligible please give any reference to show my HR

Sir,

At the time of purchase of product my freight charges is given by company .Now here freight is not my expenses , under what head freight charges will comes.

More over discount on purchase ,coupon , tour expenses, is given by company at the of purchase. Under what head this will be include.

Please advise.

Dear Sir,

If a person is having a pending loan can this loan be repaid by her mother in a single transaction. Later in a spam of 4-5 years the person will return her back the amount which she has transferred to the loan account of his son. His mother's name is nowhere mentioned in the loan account. The loan amount balance is of 1 cr.

Is it ok if this transaction happens. Will there be any compliance issue for them from Income tax.

Please help me in this matter.

Regards,
Divyesh Jain

Dear Experts,
One of my family members has recently received ITR Notice of 143(2)/144B and request your expert opinion on the same. exact wording of the notice as follows :
"You may submit or cause to submit any evidence on which you may rely in support of your return of income electronically in "Eproceeding " facility through your account in e-filling website .
" it is advised that you should gather all the information ,documents,evidencs etc in respect of various financial transactions you have entered during the assessment year under consideration.,
which may be relevant for the scrutiny proceedings,Detailed questionnaires or communication may be issued during the course of the assessment"
However this is no specific mention of Limited or Detailed scrutiny in the notice or any specific question.Kindly let me know your suggestion on this .
Thanks
Nitish

Dear All,

Can we amend GSTIN of customer under B2B amend section ?

There has been instances for late payment of professional tax collected. is it mandatory to report the same in tax audit report of partnership firm?

Sir,

GST officer raise query

Please upload the Picture of premises with the signboard and the applicants.

Sir, We have to paste Proprietor,s picture in signboard name of the business and after upload

Kindly advise