By mistake purpose we taken excess Input credit for the month of Nov,20 3b return IGST 102520, CGST 12200 & SGST 12200 , Now Dec,20 month 3B return we want to reverse the above amount , please tell us how many Interest will be payable on IGST, CGST,SGST...

For Calculation purpose details shown below
Nov,20 3B return SUBMITTED date 15.12.20
But RETURN FILLED DATE 20.12.20 &
WANT we will submmited Dec,20 3B return 18.01.21

Dear Sir,
An Assessee having a Proprietorship business of Medicine Shop and his turnover is Rs. 1.20 Crores and Net Profit is above 8% and so he is not required for Tax Audit, but his CA by mistake has filed Tax Audit Report i.e. Form 3CB, 3CD for A.Y. 2020-21 and now the Proprietor does not want to file Audited ITR -3 and he wants to file ITR - 3 with no audit case. Is it possible to do so as 3CB 3CD has been uploaded in the IT Portal.

Thanks,
Abhishek

One of our client is in the business of Future and options . We have prepared his Trading account as per our ICAI Guide lines. Positive profit on Credit Side and Loss on Debit side. and difference is Profit from FNO. Now going for ratios to be calculated in form 3CD in Gross profit ratio. What sales we shoud take.
1. Should we take total of Positive and Negatives or only Positive Figure as turnover.

Dear sir,
I have not filed income tax returns for AY 19-20, 18-19. In those AY's I have Income reflected in 26AS and also TDS amount upto 20,000/-. Income tax portal not allowing me to file income tax return except with condonation request from CBDT.
but all my applications for condonations are rejected..
Is their any other way to file income tax returns??
and Can I get Refund of TDS amount belonging to Those AY 's.....??

Pls help me in this regard.....

Dear expert,
I need advise on following points under GST

Whether assessee can do stock transfer or bill to their own branch/depot on bill to ship to basis.
if it is allowed under law. Kindly share provision link

Board Resolution (in case of Companies) stating that the Company’s operations are under stress on account of Covid-19
please let me know how to write this board resolution . SINCE VARIOUS BANKING ARE ASKING TO MY CLIENTS TO SUBMIT THIS

Can anybody give a list of good mid-sized firms in Pune of articleship?

Hi,
Is there any GST implication on the unbilled revenue (services performed but not yet invoiced) at the end of the financial year?

Respected Sir,
Please guide on below mentioned query.
A Husband and a wife, both are teacher. They have financed Home Loan on through Joint Account and Home is registered on both name.
So my query is, can both of them claim deduction on Interest on Home Loan equally in their respective ITR ?

In my understanding the sales made / service provided to the unregistered dealer by Registered dealer would be categorized as B2C irrespective whether the Unregistered buyer uses it for self consumption or for further sale of the same.

regards
Piyush Rawal