Sir, one of my client takes Power of Attorney in his name from the land owner, He sells the land to third party-receives payment in his own bank account. Then he refund the payment so received to the actual owner by cheque. Neither any commission nor any ITDS provisions are followed in accounts. How should my client follow so that there is no any problems in Income tax.

Dear All,
In FY 20-21, my taxable income is below the exemption limit, whereas in the same year I've got short term capital gain of 60000/- on sale of shares. Pls Advise, since my income is below exemption limit, still do I need to pay tax on 60000@15%

Thanks
ASAP

Goods sold thro e-commerce to Unregistered persons. The invoices are generated by e-commerce operator.After month end report of commerce operator downloaded in which invoice no or order no are mentioned. But bills are not issued by Seller from its own Bill Book maintained for issuing invoices. Kindly share opinons about this type of situation. regards

Dear Sir/Madam,
Clarification required :
Kindly explain the above two in layman term with examples.
Thanks in Advance.

Dear Sir/ Madam,

Is GST payable on receipt of Advance for Supply of Goods ?
If Yes, then when is it to be paid ?

We have received Advance payment in this month & Tax Invoice will be raised in next month at the time of supply.

Thanks & Regards,
Rachana

One of our employee left the organisation and we have marked him EXIT in PF Portal & HR Records. Now after 2 months he re-joined our Company, can we enroll him again with same UAN? Please advise.

Thanks

Vijay Kumar

SIR,
A gst registered regular scheme dealer sale to b2 b transactions mistake sale to b2c transactions treated in gstr3b and gstr1 returns for october-2021 month.
Question:
Dealer how the amendment procedure sale to b2c transactions change sale to b2 b transactions in gstr3b and gsrt1 returns.

I have filed GSTR-1 for the month of Oct' 2021. There is small variation in one supply bill amounting to 900/- including GST. My customer wants me to amend the same without raising a Debit Note. How can I do in Nov' 2021 GSTR-1 Return. Please reply.

Thanks in advance

Dear Sir,

One of my client deals in share trading in which he has a share trading account with a broker.

He has sold shares in FY 2020-21 for which he received the money in his wallet like paytm which he keeps separately for trading purpose

My question is where should I show this entry of Sale proceeds as the sale amount is not received into his bank account leading to mismatch in his broker's account.

Regards,
Divyesh Jain

How to dissolve the HUF when there is death of karta and there is only capital in liabilities side and deposits in assets side.What transfer entries needs to be passed ? What other formalities needs to be done ?