Easy Office
Easy Office


suja pirama
02 February 2022 at 13:03

RETURN filing under new regime

while filing return of income can a salaried person change his option to new regime even though his form 16 is as per old regime.


CA Reema Sonigra Mehta

What about the ITC accumulated in case of travel agents providing through e commerce operator where ECO are liable to pay tax from 01.01.2022 but ITC is accumulated in suppliers account. They don't have any outward supply against which ITC can be set off


pavel
02 February 2022 at 11:12

Agricultural land in balance sheet

hello,
i have agricultural land also have its valuation certificate of that agricultural land, certified by the government. can I show the government valuation amount in my Balance Sheet Asset Side under Fixed Asset comprising Agricultural Land?


CA Parul Saxena
07 February 2022 at 13:30

GSTR9 query Table 6 and Table 7 urgent

From Apr 20-Sep20-Gross ITC-Rs1000 and Discount-Rs.100 i have shown in Table 4(A)=Rs.900 (1000-100)
From Oct 20-Mar 2021-Gross ITC-Rs.2000 and Discount-Rs.500 i have shown in Table 4(A)-2000 and Table 4(B)-Rs.500 (Reason being from oct 20 onwards System computed 3B depicted CDNR fig in such a way so i adopted such presentation like showing reversal under Table 4(B))

Now my query is in Annual return GSTR9 now how to present such data?

Method 1:- Table 6-Rs.2900 and under Table 7-Rs.500
Method 2:-Table 6-Rs.3000 and Table 7-Rs.600


pjrao
02 February 2022 at 08:13

Stamp duty on Agreement for sale of flat

I want to buy flat ,please clarify Agreement for sale of flat on stamp paper of Rs 100/- duly notorised ,is legally valid or not. If the seller lateron refuses to make sale deed, is this Agreement for sale as referred above is valid to take legal action against seller. Thanks.


Kollipara Sundaraiah
01 February 2022 at 22:40

Sales turnover increased purposes allowed

Sir,
A gst registered dealer sales of b2b transaction to another gst registered dealer (brother)
Dt:10-01-22 sales amount rs:49,000
Dt:10-01-22 sales amount rs:48,000/-
Dt:10-01-22 purchase amount same dealer rs:48,000/-
Dt:10-01-22 purchase amount same dealer rs:45,000/-

Dt:14-01-22 sales amount rs:49,900/-
Dt:14-01-22 sales amount rs:48,000/-
Dt:14-01-22 purchase from same dealer rs:46,000/-
Dt:14-01-22 purchase from same dealer rs:49,000/-

Question:

1Above mentioned two gst registered dealers reason for brother sales turnover increased purposes .
2.above transaction accepted gst and it act.


Rajesh
01 February 2022 at 20:12

ITR3 Schema Error while uploading

Assessee is proprietor.
She has 3 firms.
1st: Professional income from Company Secretary practice.
2nd: Business of supplying workers, who are on firm's payroll, to engineering sites
3rd: Trading in agricultural products like Mangoes, Mango Pulp.

In ITR3,
Considering she has 3 different businesses having 3 different GST numbers,
Whether Section 44AA should be set to Yes?
Whether Section 44AB should be set to Yes?
Whether all business codes should be shown? or
Only one of the above should be shown?

While uploading ITR3, getting Schema Error relating to nature of business section and general section. Error message is in java language and hence, unable to understand fully.


rahul pagare

Pls. SHARE NOC of other partner for accord one partner an Occupier for partnership firm


Daya
01 February 2022 at 18:17

Penalty Under section 234 E

What is Penalty Under section 234E, and form 281 and Deposit under Penalty column,
Please reply .


Suraj Dangi

Hello everyone ,