We have paid challan of TDS for particular month and while filling details for quarterly returns of TDS, we have found out that we have paid excess amount in challan. My query is how to adjust the amount. I want to know the procedure we have to follow as per law. Kindly solve this query.

SIR
We are a manufacturing unit and have planned to advertise our product. For the purpose of shooting an advertisement, we have to send the finished goods to the shooting place.

And, after the shooting, the goods will be returned back to the factory. The goods value is Rs.2,00,000/-.

As this is not a supply, I think, No need to issue GST Invoice. Then, What are the procedures we have to follow?

Guide me plz
thanks in adv

I inherited residential property in 2016 from my father that he built in 1980. Cost of acquisition of Land as of April 01,2001 is Rs.6.70Lakhs. Cost of construction of building as of April 01,2001 is Rs.13Lakhs as per property valuation report. Now in 2021 I want to demolish the current building and reconstruct 4 floors using my own funds. Out of these I'll sell 3 floors in 2022 and retain 1floor. Stamp duty value of sales consideration for each floor would be Rs.63Lakhs therefore total sales consideration would be Rs.1.86crores. Cost of construction for new 4 floors would be Rs.1.20crores. Current stamp duty value of Land is Rs.90Lakhs.
What would be my capital gain tax liability when I sell 3 floors? Is it going to be long term or short term capital gains?
Am I allowed to claim exemption on both land and current building indexed value, also cost of improvement by constructing a new building?
How can I bifurcate land and building cost in sale deed and how can claim LTCG on undivided land share and STCG on building construction share?

Dear All Experts,
One of my client sold a plot/land during the Financial Year 2020-21. This property was gifted to her husband from Govt long back (Before 1980).
After the death of Husband this plot/land transferred to her Name. She has deposited all amount (sales consideration) in capital gain account scheme.
She already have two residential houses. Can she claim exemption? In which section?
Kindly suggest.

I WANT TO REGISTER GST . MY BUSINESS PLACE IS ON MY MOTHER NAME THEN WHAT NATURE OF POSSESSION OF PREMISES I SHOULD SELECT AND WHICH PROOF CAN BE APPLOAD

SIR
Charging TCS in invoice is compulsory or enough to charge it in invoice to the parties whose value exceeds Rs.50 lac in a year ?
Plz guide me sir
thanks in adv

Dear Sir / Madam,

There is a fixed asset - motor car which is to be sold at a price more than the book value which will lead to profit on sale of car. Also the Assessee, is not in the business of buying & selling of Car.
Whether GST is applicable at the time of sale ?
If yes, then at what value - sale price or profit ?

I'm ca intermediate student, I filed my form for January 2021, but Im unable to appear in the exam because of covid risk is there till now, but I'll appear in may 2021, if I cleared my both groups in may 21, will Jan 21 attempt counted as an attempt or not, please if anyone know the actual fact then let me know ASAP

Respected Experts, we have filed our GSTR 3B for the m/o Dec-2020. But Table No. 3 & 4 are showing Red. There is some difference in ITC & RCM as per the details below :-
1) ITC on Import : - we have made the payment on 30-11-20, but goods have arrived on 02-12-20.
and the difference crosses the 10% variance. And some ITC of quarterly vendors.

2) RCM : we have made the RCM entry in Tile 3 & 4 on Ocean Freight & Local Freight.

We have done all the work of difference. My query is there any problem w.r.t. Red coloured tiles. Someone says that a Notice may be issued.

Also, suggest us on what basis we have to file our GSTR 3B either 2A or 2B?

Kindly suggest us.

Rakesh Sharma

By mistakly i have entered in form gst pmt 08 taxable value 12035520
But actual value is 1203533

How can I rectify it


I have already filled my return