Legal Heir continued business of expired mother with new GST No. ITC was transferred through Form ITC-02. The GST No. of deceased person was not applied for cancellation by mistake. He returned some purchases which were made by the deceased person. The supplier issued & filed credit note in deceased person GST no. Now GSTR2A of deceased person is showing entry of goods return while the ITC is available with the Legal Heir GST No. How should now the Legal Heir adjust the ITC available in his new GST No. with the Liability of GST in 2A of the deceased person.

Dear Sir/Madam,

This query is regarding "Subscriber's proof of payment for value of shares" to be attached in INC-20A. The problem is subscriber has given share capital amount & loan amount together vide a single cheque payment.
So, the bank statement entry is not matching with share capital but it is more than share capital.

Is this allowed under the Companies Act, 2013?
Can this be problem?

Regards,
Dinesh Dubariya

Please inform me in details the concept of HYPOTHECATION & MORTGAGE with example.

If employer gives commission to his employee so tds will be deducted u/s 194H ? What will be rate of tds in such a case ?

While filing GSTR 1 & 3B of F Y 18-19 returns amount payable on inward supply on reverse charge was not shown and also input credit on inward supply on reverse charge was not considered

My question is can it be shown while filing GST Annual Return of F Y 18-19
and whether it will result in additional GST Tax Liability ?

If turnover of service is less than 2 crore and some diffrence in gstr-1 and gstr-3b. In this case Drc-3 for payment of diffrence and gstr-9 both mandatory for F.y. 2017.18 ?

Dear Members
My query relates to filing of GSTR 3 B Return filing pertaining to March,2020. I am going to file GSTR1 for the month of March,2020 tomorrow on behalf of my client towards outward supplies so that GST Liabiltiy on sales will be ascertained from this return itself.
Now my question comes for claiming ITC on Inputs,Input Services related to March,2020 based on Tax Invoices/Documents having with my client in GSTR 3B related to March,2020.
Whether i can claim such ITC on Inputs.Input Services etc while filing GSTR 3B return based on Tax Invoices even though the same are not reviewing in GSTR 2A as concerned suppliers has not filed their GSTR1 till date related to march/quarter ended march,2020, if i want to file the same prior to extended due date related to March,2020. Or Restrictions as specified under 36(4) of GST Act or Rules made there under will apply to me i.e. 10% Restriction of ITC in relation to total eligible ITC.
Please clarify the same.

I have transferred the amount of Rs 975000/- from Bank of Baroda to SBI through cheque of Bank of Baroda. Cheque dt 11.04.2020 . I have send the cheque to Bank on dt 13.04.2020. SBI has credited of Rs 975000/- on dt 15.04.2020.

Which date to be considered for accounting entry in Tally.

Dear Expert,
The definition of Sec 2(85) says ‘turnover as per profit and loss account for the immediately preceding financial year does not exceed two crore rupees or such higher amount as may be prescribed which shall not be more than one hundred crore rupees…”.

So what is the turnover threshold for getting classified as Small Company currently ?
Is it two crore, 100 crore or is there any other amount prescribed by the MCA.
Pls update since the turnover of my client is 5cr as per last year audited FY.

Dear Sir 🙏,
Am arranging a donation of ₹90Crores to 80G society..
They are ready to pay ₹5Crores commission after deducting TDS..
I will show the same in ITR for the current fiscal..
Please guide and advice me..

Regards
Soma Rajeshwar