Two parties (Say A & B) have deducted GST TDS for the same Tax period. However, only one of the parties (A) has filed GSTR 7 for that Tax period and thus only part amount (TDS deducted by A) is available while filing details for TDS credit received claim. Can we claim TDS paid by another party (B) at later date when GSTR 7 will be filed by B for same Tax period ? would that entry will be available for acceptance while filing TDS details for subsequent tax period or we have to wait for both the entries and file the TDS claim once all entries are reflecting ? Please suggest any other alternative available to claim TDS amount reported by A without waiting for TDS details from B, as it will block working capital unnecessarily and also causing unwanted delay in compliance required.

Sir,
A gst registered regular scheme dealer sales of medicines to customers two types for one day.

1.Sales of counter cash sales to customer rs:3000/-
2.sales of counter Google pay or phone pay mode to customer rs:4000/-
3 . sales of counter Google pay or phone pay mode to another customer rs:5000/-
Question:
Dealer how to passing accounting entries in books for two types.

Dear Sir/Ma'am, I have bought some shares of a listed company in Dec 2020 and sold them at a lesser price in May 2021.

Purchase was done in FY 2020-21,
Sold in FY 2021-22,

So, overall I faced a loss. My query is:
-> This loss should be included in which financial year's return (ITR), 2020-21 or 2021-22?

I wanted to help govt. in terms of income Tax generation during this pandemic by doing extra part time job.
Is it possible as in the company where i am currently employed having a clause that u must not do a part/full time with any competitor companies.

Also, part time company is not a competitor of full time...

Dear Expert,
I had purchased and capitalised a DG Set in Dec-18 and availed GST Credit.
Now that assets is burnt out in fire and completely destroyed therefore I have decapitalised the same and booked WDV value as loss.

My query is how to calculate reversal of GST? Will it be WDV value or something else?

Thanks & Regards,
MK Agarawal

When was 1 rupee revenue stamp with Ashok chakra stopped & with Lion head started ?

Dear Experts, what is the time limit to realize the export proceeds for goods sent to overseas agent? Is the time limit applicable from the date of export or date of sale by agent to buyer?

I have stationary shop and filed 13,40,000 profit and 4,00,000 Profit us 44AD.but i also i also received commission from insurance agency rs 55,000 AND show under special business(commission/agency without books of account).and entered only financial particular.anow department defect my return and advice to file balance sheet and p&l.
now i have balance sheet and PL of stationary shop.
can i club 55,000 to profit and loss account.?

We are on the verge of getting listed in September 2021. Can someone please help us regarding the quarter from which the limited review will be applicable? If so, please help with the clause for the newly listed company?

Turnover FY 20-21 More than 10 Crores

Current FY 21-22

Sales made to new customer in 01/04/2021 to 12/05/2021 Rs.51 Lakhs.

should i require to collect tcs @ 0.1% on entire sale amount of Rs.51 Lakhs or Rs.1 Lakhs (51-50).

Please reply.