Kindly suggest what is the last due date for filing of GSTR-3B for the month of March 2020 and also for payment of GST for the month of March 2020. Our turnover is above 5 Crore.

Sirs,

The problem is aw follows: There are two directors in a Pvt. Lt company. One of the directors requested for transfer of x amount to another PVT. ltd company where he is also one of the directors.
The directors are mother and son and no creditors as the company is new.
The accountant simply transferred the x amount say Rs. 1,50,000 to that company, say in January 2020.
It was detected now.
If we treat this as drawings then it should be treated as remuneration and TDS had to be deducted which has not been done.
How do we treat this transaction in the books of accounts?

I want to know whether fees paid for MBA or PGDM to Indian institutes can qualify for tax exemption for children( for eg Narsee Monjee/ Welingkar/Symbiosis etc).

If I have applied for these courses, can I claim exemptions?

SIR,
When trying to create file on 24 Q return using RPU utility,error message file already exists,replace file? appears and can not validate.Kindly advice.

Dear Experts,
Earlier FY extension circular was issued by RBI. Kindly clarify whether FY 2019-20 has been extended till 30/06/2020 or it is as usual up to 31/03/2020! notification or circular thereof if any,

Thanks & regards
Vishnu shakya

If a person has purchased flat of rs. 6900000 without sale of any flat. In this case purchased flat entry will come under capital gain schedule or any other schedule?

I have received an email like below. I found that there is mistake in my ITR how to proceed now, please guide me.

It is seen that a claim of refund has been made in the Income Tax Return 726533040290719 for 2019 filed by you on 29-JUL-2019.

Your Income Tax Return has been selected under risk management process wherein your confirmation is required on the claim of refund. You are requested to submit your response in the e-Filing Portal post login by selecting either of the following options:

The claim of refund is correct to the best of my knowledge and belief
Return of Income is being revised wherein, correct claim of refund shall be made
To submit the above mentioned response, please login to e-Filing portal, Go to Worklist->For Your Action-> Response for Refund Confirmation.

Please verify the claims made in your Return of Income filed and submit your response accordingly. In case of any incorrect claims, please revise your Income Tax Return (ITR) .

What will the rate of depreciation for Mobile and under which category it will stand at the time of filling return.

SIR

PLEASE LET ME KNOW THE CLAIM REFUND ON GST INADVERTENT DUTY STRUCTURE, THE GST PAID ON SERVICES ARE ELIGIBLE TO CLAIM REFUND.
AND ALSO KNOW EXPORT OF GOODS WITH IGST AND GET REFUND, GET CREDITED THE DRAWBACK, IN THIS CIRCUMSTANCES, THE EXCESS AVAILABLE ITC IN THE ECL CAN APPLY REFUND ON GST INADVERTENT DUTY STRUCTURE
EXAMPLE : INPUTS RATE OF GST @ 18% OUTPUTS RATE OF IGST @ 5% EXPORTS
PLEASE CLARIFY
SR

I want to register my proprietorship firm on ICEGATE website in order to simplify my import custom clearance procedures. I realized I need to register as an IEC holder, and one of the documents in the registration is the Scanned copy of the License/Permit.

Do I need to take a permit/license from customs in order to complete the ICEGATE registration?