Hello , Jan 2021 B2B sales is nil. But only B2C sales. In IFF no column is for B2C sales In credit ledger there is sufficient amount of ITC and no tax due. How to file IFF return. Is 35% tax deposit compulsory whereas in Dec Qr no tax deposited in cash. Valuable opinions are awaited.

Hi, in proprietorship business do I have to deduct TDS on services like following?

- Electricity
- Office Maintenance
- Food for Employees from Restaurants
- Video Streaming like Netflix

Dear Sir
Please clarify. ESIC act is applicable for a Homeopathic medical college and hospital. College providing all the medical facility to their employees.
Regards.
PARIMAL KISHORE
Saharsa,Bihar.

Hello, in my proprietorship business to gift our good associates & resellers I bought gold coins worth 1.5 lakh and 3 lakh loose diamonds (divided in many). This activity happened around Diwali, Christmas & New Year.

I am being told that it can be shown as business/marketing expense in Income Tax, is that true?

Thanks for help.

I plan to become a professional consultant in 2021 and I want to avail depreciation on my car purchased in 2017 will it be allowed. If yes what would be the WDV say on March 15th 2021 assuming the purchase value f the car in 2017 was Rs. 10 Lakh.

Thanks in advance

dear sir, i have claimed excess input in 2019-2020 and not reversed the same till date.i want to pay this input through drc-03 please advice where to show this drc-03 amount in gstr-9

In case of casual vacancy of auditor of a Pvt Ltd company:
(1) whether MGT-14 is required or not? (as in ADT-1 there is no place for SRN of MGT-14)
(2) In ADT-1 point no. 5(a) Whether auditor(s) has been appointed in the annual general meeting? Yes/No. (as the casual vacancy is filled in EGM)

Kindly clarify whether GST would be applicable on Royalty paid for Sand Purchase. if yes what will be the rate on it? Kindly answer the query as soon as possible.

CAN WE EDIT OR CANCEL C FORM AFTER GENERATED

sir,
i.t. assess un secured loan and sundry debtor(cash Loan) outstanding balance in books show as on 31-03-20.
un secured loan amount Rs:4 lacs
sundry debtor(cash loan) amount Rs:5 lacs

1.assess sundry debtor balance amount Rs:5 lacs transferred to un secured loan account adjustment accounting entries(contra) passed.
2.Differance amount Rs:1 lacs amount cash receipts from debtor entries passed in books in f.y.20-21.
question:
Assess adjustment entries in books allowed in i.t.act