Assessee Type - Library registered under Bombay Public Trust Act, 1950
What will be the treatment of Purchase of books if Book is shown under Fixed Asset ? Kindly guide

a person own a property , enters into rent agreement for it. however money is received by his spouse.
should he show income as his own or income as his wife and then club with his own.

Sir,

Can i show repair and renovation cost of my house in capital account.
Please suggest.

Dear Expert ,
Is there any late fee waiver option available as the gstr 3b returns filing was due since 2018November..
It's a Pvt Ltd and company turnover was less than one crore..
Kindly suggest

I try to file GSTR 3B for Nov.2020. GST portal is disallowing ITC claimed by me. The suppliers from which I received ITC file their GSTR 1 on quarterly basis. As such, GSTR 2A does not show the said ITC and the portal is disallowing me the same Now, how can I file I my GSTR 3B ?

A Private limited company registered as 100% EOU exported its products and claimed refund of IGST paid during November 2018. Now the department is asking for paying back the amount refunded.
1.How can this be rectified ?
2.If Payment of IGST has to be made along with interest, can the company take credit of the tax amount paid through DRC-03?
3.While making payment of IGST through DRC-03,Can the available input tax credit be utilised,or is cash payment compulsory?

Hello everyone, my one of friend is engaged in artificial jewellery business through Amazon, Flipkart.etc. on gst rate is 3% but Amazon and Flipkart charging the heavy commission etc. on sale made by friend through them, on which they charging gst @18% and this gst is claimed as input by my friend against the output liability but after adjustment there is a balance in electronic credit ledger and he wants claim the refund of that, now my question is that what should option I should select in refund application where it is asking select the refund type, i.e. it is 1. REFUND ON ACCOUNT OF ITC ACCUMULATED DUE TO INVERTED TAX STRUCTURE or 2. ANY OTHER (SPECIFY)

Pls let me have the ITC latest set off procedure in GST

Sir,

I want to gift money to my wife whether i have to prepare Gift Deed. Is it compulsory.

Dear Experts,

There is ITC of around 2 lakh which is claimed in audited accounts as well as in annual returns
via GSTR 3B due availability of GST invoice in hand.
Table IV of form 9C therefore did not show the difference of said ITC as both in accounts and annual return, this ITC has been claimed.
However, in GSTR 2A this ITC of 2 Lac is not available. GSTR 9 shows the difference of 2 lac being ITC claimed in annual return but not available in GSTR 2A

My question is what would be auditor recommendation in this case ? shall auditor recommend to pay in GSTR 9C amount not available in GSTR 2A ? or can we claim this valid ITC even if not available under 2A