builder had filed letter in march 2019 opting for old scheme. is that old 12% scheme applicable for all project or can he opt for new 5% scheme for new project?

i feel its applicable for all projects, but then it sounds unfair, what if he wants new 5% scheme for new project?

regardsca kunjan

Respected Sir,

ROC requires balance sheet into 100 denominations. There is a formula in Excel whereby data can be converted very easily into 100 denominations or 1000 denominations or 1,00,000 denominations. Please let me know the method for such a conversion.

If a company prepare Income tax ITAT appeal challan of Rs. 10000/- for AY 2017-18.
By mistake taken 282 challan and minor head taken Tax on regular assessment-400.
Is there any chance to refund or correction in challan.

The information entered by you is at variance with the auto-populated data. The liability has been computed on the basis of the information auto-populated from FORM GSTR-2B. It is reflecting in August for reverse charge on inward supply. What to do in September? Shall I add the amount in September manually.

Hi,

While filling Form 26QB I'm facing some issues.
Agreement was executed a little late after the advance payment to seller.

Date of Agreement/Registration: 10 Oct'22
Date of Advance-1: 25 Aug'22
Date of Advance-2: 21 Sep'22
Remaining: Loan - Disbursement pending (15 Oct'22)

Should I mention Date of Credit/Payment to seller, as that of Agreement/Registration?
Or will the TDS fee/interest be applicable in my case?

Sir

Can a dealer, whose status is " Regular " claim ITC on GST paid under RCM on rent ?
Where should the GST amount under RCM be entered in the GST portal, GSTR 1 or
GSTR 3B and under which table ?

Pls. advice.

how to record expenses incurred in books of owner-builder if only one flat is sold out of 20 flats? building is still under construciton.
my view--> proportionately, on sq feet , whatever is sold divided by total sq feet built till now.

explain the sentence
g.gupta"s acceptance for rupees 4000 which was endorsed by katrak to mehta was dishonoured .mehta paid rs.20 noting charges. bill withdrawn against cheque

Dear Sir, I would like to get your advice on the investment valuation and payment of dividend.

Company A invested Rs.1,00,000/- (including transaction cost of Rs.1000/-) in Company B in 2016. Company A showed the investment in BS as investment (capitalised the transaction cost also Rs.1000/-) total Rs. 1,00,000/-.
Company B is not a listed company so the fair valuation of investment not done till today due to non availability of company B's valuation statement.
Now 2022, Company B valued 10 times more. my question is
1. Company A is loss making company and no reserve in equity. Can the company pay dividend to the share holders.
2. how to account the investment valuation Gain in company A's books
3. From the investment gain Company A can pay dividend to its shareholders
4. if can pay dividend then how.
Requesting your good advice and help to solve this problem

Can an NRI become a partner of a firm providing warehousing services to Food Corporation of India? Warehousing services include fumigation and other serivces for storage of food grains etc. This NRI has citizenship in UK, but staying more than 180 days in India. Can he invest in the partnership firm? Will FEMA provisions be applicable in this case?