Respected experts,
Income tax return for the fy 2018-19 has been processed by the cpc and order have been passed. Depptt has sent intimation u/s 245 regarding adjustment of outstanding demand for the ay 2012-13.actually we had filled itr for ay 2012-13 with wrong itr form and depptt had done tax calculation on gross receipts . Exemption of expenses are not given to us as we filled itr 7 instead of itr 5.
Before 6 years intimation was uploaded on portal of demand .we have not checked income tax portal for a long period as no paper notice given to us by the deptt . As and when we noticed the intimation which was uploaded by jurisdictional authority we had also replied on portal too. After that since last 4 years we have not received any objection from deptt. Itrs filled for last 5 years have been procesed without any said outstanding demand objection. We were in this belief that deptt has got satisfied,but the deptt has issued us intimation for the adjustment of outstanding demand.
Sir I want to know in this regard can I file request for rectification for the ay 2012-13.
Please suggest me . Demand amount is very huge.
Kindly advise me.
I shall be thankful to you.
Thanks

Sir,
We are a NGO and registered under Societies Registration Act 1860 and working in different part of India (10 state). Our NGO's focus area is better health and hygiene practices. In Rajasthan we are working with 4 district admin and Municipal corporation for solid waste management. My query is -
1. We Should take registration under MSME with Societies registration.
2. If yes, than what impact on our 12A and 80G registration.

Dear Expert,

I want to know in case of Preferential allotment Share can be allotted before receipt of Money from foreign investee, if company do so what are the consequences and also company is in the process of filing FCGPR and bank raised objection on allotment of Share before receipt of money. What can a company do now to file FCGPR validly.

Dear sir
I have purchased a AC for my shop ( Whole sale/ retail cloth merchant).

Can I take the credit of SGST and CGST paid for AC.

Thanks

Hello sir, I applied for GST registration dated 17.04.2020. and ARN number generated , but still today dated 25.05.2020 status is pending for processing.
What can I do?

Hello,
My questions is

*If a person is doing manufacturing of garments through job workers(means he is not having any factory), can he register under MSME??

Thanks & regards

Respected experts

we are in the business of promoting goods and service of others on our in house developed application .
normally we charge Registration charges in addition to that charge for banner and hotdeals .
Now we are entering in to barter deals with some retailer whereby we will not charge any amount from retailer for registration on freedeem platform.
The Registration will be made upon mutually agreed Exchanged/Barter coupons/vouchers.
that voucher purchased from retailers will be sold to our customer at some discounted rate .

my concern is whether any Gst payable by our company in our case ?
IF YES ON what amount Gst payable by us ?
on value of voucher purchased from retailers or on value of voucher sold to customer ?
please reply fast.

Dear All,

I come across a client whose gstr3b and GSTr-1 has been filed for the month of January 2020 to march 2020 as NILL. which provides export of services.

but there was some transactions which has not been reported by him.

what can be done in this case.

Please share your views.

I am tring to form a private limited company. Whenever i try to upload SPICE forms, message come as under:
The ID number xxxxxx entered already exists against an active DIN.

However both the director of the proposed company don't have any DIN or DPIN. When i checked DIN number mentioned on MCA website, it belongs to some Anshul Agarwal (we even don't know him who is he?)

I have checked the SPICE forms multiple times,PAN is correctly mentioned.

So where is the issue coming??

will there be a difference between the auto populated figure in GSTR-9 & GSTR-1 for outward supplies between B2B & B2C transactions. will a different figure get auto populated in GSTR-9.