-Contract contains rate escalation Clause which is calculated and paid in next reporting period.
- historically rate escalation is recognized when paid
-policy changed from current reporting period and income is accrued based on robust estimation
-this results in income recognition of previous period and current period in same year
- auditor is challenging this and insist on resatatement of previous period
-we argue that this is change in estimates and no need to restate previous year account
Pls. advise

If a manufacturer purchases finished goods for trading purposes...ITC can t be claimed for refund purposes!!!
For caluculation of Rule 89(5)
Please tell me the working of pirchases fo finished goods and sale of finished goods
In my case purchases on finiahed goods in 2019-20
And sale in 2020-21

Dear /sir

Please advise the taxability of Interest on FCNR for a RNOR

I have sold a property of mine on Feb 22, 2019 and couldn't utilize my capital gains by purchasing a property and blocked the amount in SBI LTCG account. I need the money at this moment. Can you please help me with the process?

How can I withdraw the money first and then pay LTCG tax. What's the process for AO's authorization?

Dear sir,
I have to visit SSP Portal to view my profile form i want to saw my category is wrong and change my marital status. so how to changes my category and marital status in profile

I am trying to file my gst 3b for the month of November but it is showing system failure, as i am filing nil return and i need to pay extra amount. but while filing 3b i am unable to reach payment page. can any one suggest me what should i do next. I HAVE FILED gstr1 for the month of december but for the month of november i am unable to file gst3b.

Hi Sir/Madam,

I want to know if a company purchase some shares from the other shareholder, is it required to keep a nominee shareholder as well because in this case a company is becoming a shareholder of another company. Let me draw a example to get it more clear
Example: Let say if Mr.A company purchased 10000 shares of Mr. small b (who is a shareholder of Mr. B company holding shares of 10000 out of total 20000 shares), in this case is it required for Mr.A company to keep a nominee shareholder (since a company is becoming a shareholder of another company).

Kindly let me know, it will be very helpful for me and thanks to everyone who left there answers here to enlighten me. It will great if you let me know the section or any provision regarding this.

Thank you.

3CD WAS FILED WITHIN DUE DATE. BUT IN THE UPLOADED BALANCE SHEET WRONGLY MENTIONED AS " BALANCESHEET AS ON 31ST 2019" EVEN THOUGH THE CORRECT BALANCESHEET WAS UPLOADED.( P&L WAS CORRECTLY UPLOADED)

HOW TO RECTIFY IT. CAN A REVISED 3CD BE FILED.

During FY 2018-19 Taxable Turnover as per GSTR 3B was Rs 100, while as per accounts & GSTR 1 was Rs 80 this error was rectified during FY 2019-20 and taxable turnover for FY 2019-20 is as per GSTR 3B is Rs 80 while as per Accounts and GSTR 1 is Rs 100, now my question is at the time of filing annual return of FY 2019-20 tax payable as per table 4 is greater than tax paid shown in table 9 how to deal with such situation? We have not filed annual return for FY 2018-19 as Turnover was below 2cr

please provide me object clause for company having object as Providing admin and back office support services to Australian mortgage broker i.e. loan processing, client liaison.