Under which account head the DTCP approval expenses are to be debited?

Dear Sir/Madam,

An invoice was issued in September 2021 but mentioned wrongly GSTIN of another party in GSTR1 September 2021, can we amend that invoice with right GSTIN in October 2024 GSTR1.

Kindly advise on how to adjust the Input Tax Credit (ITC), as this mistake has resulted in a cost to us.

Regards

One of my clients received Demand order for taking Excess ITC for the year 2019-20.But he keeps all supporting documents for availing Correct ITC. He go for appeal. Will he win?

Hello

Pls help on the following

Do we need to issue Form 16 in the following cases

(1) Salary is below 3 lacs
(2) Salary is below 7 lacs ( no TDS because of Sec 87A)

Hi,

I am want to set up a new business and set up a separate legal entity. Nature of my business involves exports to US and other international countries via Ecommerce platform and also trading in stock market.

As per the nature of my business mentioned above let me know which business structure should I use i.e, Proprietorship, LLP, OPC or Pvt LTD. Focus is to save tax and less compliance hassle.

Please help me with the above question.

Regards,
Asif K

We as a private limited company provided service rent a car to driver or vendor for drive car on uber ECO as we have Uber Fleet. Also We recognised our Income as Total of Uber Earning And also show driver expenses as (Total of uber Earning - Rental Charges). & thereafter net rental amount recover from driver. If driver taking all cash trip then we recognised driver expenses as (Total of uber Earning - Rental Charges +/- Net of uber earning & cash trip collection).
Uber deduct TDS on Total of Uber Earning u/s 194O.

Here I want to know whether we liable to deduct TDS on driver expenses or any other amount or NOT ??

1st instalment paid for purchase of property was May 24, where no TDS was deducted. However in the 2nd instalment paid in Oct 24 the TDS was deducted @1% on the total purchase consideration. How to show this while filing Form 26QB? Whether interest is to be paid for delay in TDS deposited for 1st instalment?

One of our employee's PAN was inoperative at the time of filing the return as of 25-05-2024. As a result, we received a notice from the TDS CPC regarding short payment of TDS deducted. We are now paying the outstanding amount with interest and filing a revised TDS return. The employee's PAN is now operative. The employee is now asking whether they will receive a refund for the same.

sir.
While checking payment calculation in Gstr1 A Found.
Let's me more about it. Is there is any time limit for this.
Please advise
Binu

Hi,

In my current org my last working day is 25th Nov 2024 but they are asking me to submit IT proof before LWD, otherwise they will deduct tax from my final settlement which will come after 2 months of my LWD. is the legally correct?
do I have any option to not submit IT proof as still I haven't done my investment?
Please can I get some suggestion or legal opinion . I can contact if any one can guide me.