I want to cancel my GST number . so first to apply for cancellation or first i have to fill GSTR -10.
My Business is closed on 1st nov 2020. so can i apply for cancellation now . I had filled all my returns and due amount .

I have agreed to purchase a commercial office space for total value amounting to 30L. In which we both party verbally decided that the agreement should be done of 20L and 10L should be given in cash.

The seller told that the first cash transaction should be completed and then remaining 20L by cheque.

So I gave the seller 50K cash and he gave his office documents xerox copy so that I can get them verified with lawyer. But due to some work pressure I delayed that process and before getting verified the documents I gave another 4.5L in cash. So total 5L.

I have written proof that he has received 5L in cash.

But now when we get the documents verified with 2-3 lawyers and also in one bank, we came to know that the title is not proper and the property if some kind of not legal or not have the actual permission for commercial space or like that and even if we purchase now then in future it can not be sold out and the loan can also be not given on that property.

So we cancelled the deal and now seller is paying only 2.5L cash and saying that other 2.5L will not give.

So sir I want to know that is there any kind of provision or legality that in case of cancellation of deal by buyer due to legality of the property seller can not forfiet any amount or something like that?

Hoping for your advice ASAP.

Thanking You!

Hi, We bought a new CC TV , under which head i will book it and life of depreciation.

Actually i raised e-way bill 7 days ago now i want to cancle the way bill through portal it's not possible can u suggest the way how to cancle

Dear Seetharaman Sir,

Some Turnover was left to be reported in CMP-08 of 2019-20.
Can i incorporate the same while filing GSTR-4 of FY 2019-20 and pay the taxes required.

Please guide

WE HAVE WORNGLY TAKEN IGST CREDIT INSTEAD OF CGST AND SGST IN THE FINANCIAL YEAR 2017-18. THERE AFTER TILL DATENO ACTION TAKEN AS WE CAME TO KNOW JUST NOW DURING THE GST AUDIT. NOW HOW TO REPORT THESE ISSUE IN THE GSTR 9 / 9C OF 2017-18?

One of my client buys house of Rs.50 lakh and there is two buyers each share 50%
Whether there is need to deduct TDS or not?

An assessee had residential cum commercial property. One Residential house and shops in the same building. During FY 2019-20, he sold the property and bought 2 residential flats at different locations. can he take the benefit of Sec 54 and 54 F for the above capital gain ? Benefit under Sec 54 for capital gain arising out of sale of residential house and benefit under section 54 F for capital gain arising out of sale of commercial property ( shops ) ? what additional information needs to be shown in Income Tax Return ?

can the deduction under 80p be claimed by filing belated return?

I have a confusion in relation to "Stock-in-trade" in Form 3CD. I have 2 figures relating to Finished Goods and Traded Goods. So shud i just add these two and report there, since my client is engaged in Manufacturing and Trading activities or shud i only report the stock of Traded Goods?? i am confused...

thanks and regards