HI ALL,

pls let me know if gstr3b and gstr1 from march 2020- august 2020 could be filed now.

if any late fees would be charged for filing those returns now( after the extended duedate due to covid-19)

Timely response is appreciable ,
tnx.

Hello Sir
I have received a legal exp bill for rs.40000/ from advocate under which legal fees is 30000/ and misc exp is 10000/. What will be the entry in tally.
Pl advise.
Regards

Dear Sir,

ITC available on Credit Ledger ,but we have not Sales Liabilities in next month , Hence Please guide above ITC adjust against Sales Liabilities till when Period.

Please note Now our Turnover is Nil every month.

Rgds With

Shailendra Mihsra
9987578784

Dear Experts, My Cousin Sister Tested Covid-19 Positive and passed away. She deposited some amount in Fixed deposit and I am the nominee to receive the same. My Question is that after receiving the closed proceeds of FD Amount is it taxable? if not taxable how to treat the same.? Thanks in advance

How to calculate capital gain if Flat which was under construction booked in 2010 for amount Rs 200000/- and later on , on demand of builder assesses made payments and got the possession in 2016 but registry done in 2019

Hello sir,
Sir I started industrial training on 8th January 2020 but I took stamp duty for deed on August 2020 due to covid -19 I am not able to get the stamp duty on right time.
Sir please tell me,can I submit the deed ..is this deed valid

assessee is pvt.ltd.
turnover is 2.5 crorein fy1920,
cash receipts more than 5% of total turnover.
net loss in profit loss.

is tax audit applicable?

according to me, 44ad 8% 6% etc. not applicable to company. so no tax audit as limit of 4 crore of 44ab not crossed. am i wrong?

A person new business started of pan masala product.
Question:
1.dealer composite scheme eligible or not.
2.tax rate applicable for pan masala with tobacco and with out tobacco.
3.how much rate of cess applicable.
4.how to calculate producer sale bill and tax calculation.

Dear sir,
one our client is a doctor and is running a nursing home. For some legal case of nursing home has paid Rs 50000/- to one Advocate. The Charges are debited in Profit and loss account Will he be liable for registration under Reverse Charge

Respected Sir,

Kindest regards to all of you.

I shall be highly obliged to you, should you please guide me.

Ours is partnership firm consisting of six partners. We have given our plant & Machinery on Lease (Rent) for a long period of three years. Whether can we claim remuneration out of Rental Income.

Remuneration shall be credited to partners capital income in P&L % ratio. The nett profit of the firm will come down after crediting remuneration to partners capital account and finally tax liability on shoulder of the firm will be lesser and the partners will pay income tax individually but slab wise.