Hello Experts,

We are in service industry, my query is in 2018-19 (Feb) we had raised Gst Invoice, client had not booked till date and now asking to cancel it, can we cancel in Feb or March 2020.

Hi Experts,
Our buyer rejected our consignment.And he regret re work at destination. So we have only one option .
To bring back that item and send it back after re-work.
1) if i import that item duty is applicable?
2) When i am sending after re work is there any new shipping bill filed?
3) First shipping bill how can i close?
PLease give me a brief details on this criteria.

One of the partner of a partnership firm sold his individual property attracting Long Term Capital Gain. Now, he has purchased another property to save the LTCG, but the property purchased by him is in name of the partnership firm in which he is a partner. Please suggest, whether he will avail the benefit of exemption of LTCG u/s 54 to 54F?

A gst registered composite scheme partnership firm conversation 01.04.2020
changed from partnership to proprietor allowed in gst act.

Question:
1. Producure of change from partnership firm to proprietor.
2. Producure of Closing stock value amount treated as on 31.03.2020 in gst act.

DEAR SIR,

I AM AUDITING A CHARITABLE TRUST, GOVT SANCTIONED RS.500000/- TO CONSTRUCT A BUILDING. NOW CONSTRUCTION OF BUILDING HAS BEEN COMPLETED AND THE PAYMENT GOES TO THE CONTRACTOR ACCOUNT NOW MY QUESTION IS HOW TO TREAT THE BUILDING ACCOUNT IN THE TRUST BALANCE SHEET. BECAUSE THE AMOUNT NOT COME TO TRUST BANK ACCOUNT. WHICH HEAD SUITABLE FOR THAT.

REGARDS

whether ground rent and conversion charges of building required to be capitalized?

Hi,

We have a cash credit with HDFC bank which is secured against Fixed Deposits and book debts. The HDFC has created two line items with MCA and they are stating "Charge is based on security : its different for book debts and FD . so your total charge is limited to given limits only . " But I am claming this is wrong because it is showing two times , hence it looks the limit is double.

Please let me know is the bank correct
Regards
Nagamani

INCOME TAX FILING LATE AY 2018-2019.THAT TIME IAM OUTSIDE

we are constructed a new factory and we have to shift materials from the old factory to new factory. we have applied for address change but it will take 15 working days to get approved. whether we can tranfer material from old factory to new factory by using the option in eway bill for own use? what will be the legal implications?

If TDS deducted on purchase Recharges by XYZ Ltd. so on that TDS which is deducting by A Company U/s 194H and show it on my 26AS form. Is there Is the GST will be applicable on deducted TDS.