One of my client runs a sweet shop, manufacturing unit. He has lifted a chit. The chit loss along with input GST was deducted from the bid amount. Is this GST eligible for input claim.

R S Sai Kumar

If a buyer's PAN-Aadhaar is not linked then we, as a seller will collect TCS on Sale of Goods at which rate?

Whether TDS needs to be deducted on advance payment made to Contractors and Professionals.

For eg) I paid 100% advance on 28th Jan for the services to be received on 15th Feb , Whether I should deduct TDS while making advance payment and remit the same to government before 7th Feb?

Sir, for the Asstt.Year 2011-2012, one of the advance tax payment was not given credit while processing the ROI under 143(1), hence, there was a demand to that extent. We have raised the Grievance to the extent and in the resolution we are informed that “ you are requested to file the rectification application along with supporting documents for taking necessary action” is what the massage received. When we check the same in the income tax portal, no such enabling option is made, so, now what to do ? or do we have to make an application in manual to the Jurisdictional Officer or how to proceed sir.

Hello Experts,

We are trying to register Pvt company with icegate for our imports and start trading activities in India but however application is getting rejected multiple times without any valid reasons. Govt is telling ease doing business in India and other hand they are delaying the approval with unnecessary delays. Can any one help on this?

Sir,
company make a payment of insurance for owner car.
Input is reflected in 2B. Can we claim while making 3B.
Please advise

Hi Sir,

Can one claim LTA if one private employee travelled by his own car or Taxi.

If we can claim, then what documents we need to submit and is that amount spend for petrol charges can claim ?

Thanks in advance

Form 10 A filed for a trust running a school. Form 10AC received. But Form 10AB filed was rejected as the details called for could not be submitted in time. Can the experts tell how the trust should proceed now. Can we file an appeal to ITAT against rejection of 10AB. Can we file a petition to CBDT for condonation. I request the experts to throw light on this matter .

Sir, please let me know the procedure to record B2B sales with entry with HSN and B2C sales entry without HSN ? I have tried my best but could not succeed. Is there any configuration problems which I could not understand ?

Sir,
Purchase is made through Saving & Payment is done by UPI & total of debit side saving a/c-16 lacs
Now how can treat this transaction in account books of Proprietorship firm.
Thanks..