Dear All

Greetings of the day!!!

My query is

Company A raised a sales invoice, to Company B, with a mention to Ship to Company C.

Company A sold 100 units @ Rs. 100,000/- to Company B. A tax invoice and E way bill was provided to Company C by the transporter.

Now Company B has raised a sales invoice on Company C without the E way Bill. But the sale value of goods mentioned in invoice is Rs.125,000/-.

The actual query is I know, when is raised sales invoice with e way bill mentioning bill to ship to, company B is not required to raise e way bill.

But what about the difference amount as company B has sold goods for a higher value whereas e way bill is registered for the original sale price. Please explain. I am confused as for the difference amount Company B should raise the e way bill.

Regards

When I received Cap Gains statement for the UTI ULIP matured, it was found that the indexed cost of acquisition for units purchased ( not BONUS) before 2000 was taken as ZERO.

This has resulted in the Indexed cost of such units LESS than the actual cost and the LTCG with indexation has been inflated due to that.

Is it correcd ? For UTI ULIP units purchased till Dec 1999, what shall be indexed cost ?

can you please clarify.

Thanks in advance

I had forgotten yo claim TDS(income from other sources). ITR for AY 2020-2021 processed with demand. Outstanding demand paid with interest. As such my TDS reflected in 26AS remained unclaimed till date.

My queries :-

1) Whether new order would be passed by ITD acknowledging my payment.

2) whether I can claim the TDS for AY 2020-2021 in ITR for AY 2023-2024 under unclaimed TDS in TAX PAID Schedule?

Sir, one of my client lent Rs. 5.00 as unsecured loan to his friend. The friend neither refund the loan nor pays any interest to my client. My client has already written off the said loan in his mind. But for income-tax purpose, can my client show the loan as received vide cash ? Will there be any any complication in income -tax, if my client shows the said loan as received in cash ?

sir how to fill in ITR 2 & 3 Loss of LTG & STG equity shares in all quarter in schedule capital gain F 6

Due to some personal reasons I've not been submitted form 108 it's been 7years now..my principal is ready to sign form 108 and I'm ready to pay condonation 10000 rs but I'm unable to get Bank statement of last 10 years for the stipend credited. Please help me to complete my article ship completion.

Hi
An air conditioner service provider buys spare parts and sells them to his customers. In the bill of sale given by the customer for servicing the air conditioner, he also informs the service charge and spare parts details.

Air conditioner service provider is not using any accounting software.

It is difficult to show HSN code of spare parts in GSTR1.

In this case the service provider should also show HSN code along with SAC code in GSTR 1 return?

Can you please explain.

Hi,

We missed to file the sales in GSTR 1. We filed it in GSTR 9 and the Tax amount has been paid in DRC 03 from GST Input.

Can I be liable to pay the interest for this.

Pls guide, TIA

where drope service tax appeal

Dear Sir,
I was filed my income tax return for AY 2022-23 and claimed the refund of TDS of Rs 17,993/-. However, I was not able to e- verify the said return within time limitation. On income tax portal the status of return of AY 2022-23 is showing that, "Since the return is not verified within the time allowed , same is deemed to be never furnished" and due to that I was not able to claim the TDS. Now, my question is can I claim the said TDS of AY 2022-23 in the income tax return of current year (AY 2023-24). Further, can I claim the said refund of AY 2022-23 by filing the updated return u/sec 139(8)