1.Export invoice under LUT -no provision to record in IFF. So has it to be reported in quarterly GSTR1? Will it be shown under table -Export invoice?
2.August invoice under LUT omitted to be reported in September Q GSTR1, but values included in HSN wise summary. Can it be included in report for Q GSTR1 of March in Export Table without including in HSN wise summary?
3.In Q2 GSTR3B Taxable value of export invoice under LUT is included in Outward taxable supplies (other than zero rated, nil rated and exempted). Should it have been shown under Outward taxable supplies (zero rated ) or Other outward supplies (Nil rated, exempted)? Please advise.
4.If it was wrongly shown, please advise how to correct it now?

Sir/mam,

Import of Goods IGST Tax (ITC) for the month of September 2021, How to Reverse in GSTR3B in which column I have to mention, Reverse the tax in GSTR3B How many months time limit.

Please help me in this regard

Thanking you,

hello everyone,

If buyer of the property agrees to pay total capital gains tax on behalf of seller what are the tax complications in the hands of both buyer and seller with case laws/ appropriate provisions, if any.  kindly give reply as soon as possible and oblige.

A MEGHMANI ORGENICS LTD 1000 SHARE @ 43.60 STOCK BUY ON 26/04/2017

COMPANY MEGHMANI ORGANICS LTD DEMERGE ITS IN TO TWO COMPANY ON 21/05/2021 UNDER SCHEAM OF DEMERGER AS MEGHMANI ORGANICS LTD AND MEGHMANI FINE CHEM LTD. ON DEMERGER SCHAME COMPANY ALLOTED NEW MOL SHARE 1000 AND MFL 94 SHARE
COST OF AQUISTION WAS 93.85 AND 6.15 FOR A & B COMPANY

NOW I HAV SOLD BOTH MOL & MFL COMPANY SHARES IN DEC 2021 WHAT WILL BE MY TAX LIABILITY

AS STOCK MOL OLD IS 5 YEAR OLD INVESTMENT AND THAN A DIVIDED IN TO MOL & MFL WHAT WILL BE LTCG FOR MOL & MFL COMPANY ?
LALIT SHAH M.NO.9825056396

Please guide us we can capitalized the Donor datatabase software amounting to Rs. 23000/- and if yes then depreciation to be calculated or not.

Hello experts

I am a ca final old syllabus student and converted in new syllabus this year.

I am going to appear in new syllabus exam for the 1st time.

I want to know the list of best author whose reference books I can refer along with ICAI books.

Thank you in advance

Sir,
1.A Gst registered and it returns filed business person sales turnover and GP and NP increased compulsory every year.
2.sales turnover rs:2 crores person maximum and minimum gp and net profit show in it returns.

After the demise of my both parents, in terms of a Will executed by my father, myself alongwith my 3 younger sisters and wife of my pre-deceased younger brother are co-owners of my father's self-aquired flat, having equal ownership rights of 20% each.

My sister-in-law (deceased younger brother's wife) wants to take my share. Consideration agreed is 20% of the value for stamp duty. I am being requested to execute a Relinquishment Deed, with 'no consideration' whereby the same can be registered without payment of any stamp duty. And it is proposed that the amount would be paid to me under a Gift Deed.

My queries:
1. What is my liability if the authorities question non-payment of stamp duty?
2. What is my liability to income tax in respect of the amount received under a Gift Deed?
3. Is amount received from deceased younger brother's wife under a Gift Deed exempt from Income Tax?
3. Can I claim non-applicability of income tax on the grounds that it is received in terms of inheritance?

My son went to USA for higher education to persue his MS on 20/08/2019. In FY 2019-2020, he had no income in India and USA. For expenses towards studies, he remitted Rs, 4,14,000 from his SB AC in India to USA account, which has been reflected in the statement AIS. Since this is below Rs. 7,00,000, no TCS is collected. Where do I mention this in ITR2, as he is filing his return for AY 2020-2021, as an NRI, as he was in USA for full year. Though he doesnt have any income in India and USA, still getting messages from CPC, to file return, or will be counted as default. Please explain what I should do? I can file a nill return, but where to mention foreign remittance, or it is not needed, as already reported in AIS
Sunil Joshi
suniljoshi2005@gmail.com
9820166034

I am an CA INTER CLEARED person and not attended final exams due to family reasons can i act as a TRP if so what is the registration process pls guide me it will be helpful for me .