From Nov 2016 to Dec 2018 I was not in India, my regular C.A. passed away. My false returns were filed by new C.A. who was hired by my partner but i was not consulted or neither my approval was taken by my partner.
On 31.03.2019, i received Sms saying my returns were not filed for year 2018-2019. On seeing my returns file, I was shocked to see that my returns for 2017-2018 were filed by another C.A. and they were filed incorrectly.
Our business had a bank loan which was paid from my personal account but that was not shown in the returns that were filed neither in my personal nor in my company's accounts. When I asked this C.A, he first refused to entertain me. When we met, he said its your partner who asked him to file my returns. When i asked him to give me back my supportive documents he refused and now since April 2019 he is giving me excuses for not meeting me. I am sure my partner and he are hand in glove in this crime so that i cannot claim the money given to my company.
Should i file a complaint against this C.A. with ICAI or how should i proceed with this matter? Since August, the C.A. is saying he is busy with his client's returns and now he is completely avoiding me.
Please guide. Thanks in advance.
Dear sir
I have filed my ITR this assessment year. I am salaried employee.
I forgot to show money received by cheque on sale of motor car ie Rs. 180000/-. Insured declared value of car was 250000/-.
I am wondering whether I should revise my ITR.
There is no capital gain in any case.
Your expert advise shall be valuable.
Thanks & Regards
RK Sharma
Dear Expert,
please help me , we will be exporting goods with payment of IGST, also we have a foreign currency billing,
please share a export invoice format for the same.
Regards
XYZ had exported equipments earlier which needs Quality Certification from a recognized agency in India. XYZ got done the technical audit and certification of the equipment before exporting the same. The charges incurred for this certification was recovered from the foreign customer.Is XYZ liable to pay GST on the amount recovered?
I have query regarding exempt income. Our company is deals in manufacturing handloom products & having ORCHARD income also but in previous gst return we didn't show ORCHARD income from April to aug 19. Can we show this income (Apr to Aug 19) now in next month(sep19) gst return. Moreover in gst 3b & gstr 1 in which column we have to show agriculture exempt income.
Dear,
One of my client (Partnership firm) did not e-verify ITRV for AY 16-17. Return was filed in time(31/07/16) and loss of 25 lakh was carried forward in AY16-17. Portal is showing Invalidated return. Next two year (AY 17-18 & 18-19) there was profit 13 lakh & 8 lakh respectively and the same was adjusted with loss of AY16-17. But Department issued demand. How can we get our return validated
Can we issue credit note only for GST amount due to wrongly charging of GST on service.
Sir one of my friend's GST REGISTRATION is cancelled by department , on August bcoz he has not filed the return since May 2018, but now on 20 th SEP 2019, he filed all GST returns from May 2018 to August 2019 along with late fee, and filed application for revocation of cancellation of registration, but now tax authority is asking for payment of interest @ 18%. for late payment of tax liability, as he has paid GST TAX BY UTILISIING THE ITC for the month of March 2019, I want to know whether he has to pay interest or not, as amendment of sec 50 of CGST ACT is said interest is to be paid on net tax liability , ie tax paid by cash. PLEASE please clarify on this regard
Trust getting capital gain income how to do computation, and how to disclose in ITR 7
Dear Sir / madam,
I wish to know: Mr A is routing GST by maintaining duties & taxes. He is liable for tax audit. He has not paid GST for Jan to March 2019, which is shown as payable in Balance sheet. Please tell me, whether this GST of Q4 will be disallowed and added back to his profits in computation?? He is maintaining duties & taxes.
Kindly guide.
Thanks,
Suraj
Live class on PF & ESI Enrollment & Returns Filing(with recording)
Wrong Filing of Returns by C.A.