I am a partner in a partnership firm. I receives a sum of Rs.3,00,000 as remuneration from the firm. I does not have any other income. I filed my return in ITR-3 form by entering the same amount of Rs. 3,00,000 in BP schedule under 24 a.Salary. My return was found defective. The Income Tax Department ask me to fill the Balance Sheet and Profit and Loss Account. But i dont have any business my own. then how can i fill the above ?

Dear Sir

fire broke out the premise of the dealer and some goods destroyed. we have received some claim from insurance company
Please suggest below entry in books of account is correct or wrong
Stock Journal Consumation entry passed in tally

Loss of Fire 25000/- Dr. (Indirect exp.)
Stock loss by Fire 25000/- Cr. ( Indirect income)

Loss of Fire 4500/- Dr.
IGST Input 4500/- Cr. ITC Reversed

Insurance Claim Receivable 20000/- Dr. (Current Assets )
Loss of Fire 20000/-Cr.

Please advise to me sir

Dear sir
Please provide board of resolution of takeover of limit and bank Guarantee

Best regards

Dinesh

Sir
In case of Export sales of goods and domestic sales of goods made by dealer.
Whether Rule 42 is applicable for reversal of ITC .
say Export Sales :1 cr
Domestic Sales: 2 Cr
Total ITC = 30 lac (Purchase of Goods)
Reversal of ITC (rule 42)=30*1/3= 10 Lac.
Please provide your opinion.(regarding above)
Thanks in advance.

Dear all

Please send me salary slab for the income Tax for Financial year 2019-20

I purchased a machinery as on 10.04.2018 of Rs 536000 IGST 96480 Total Rs 632480. Now I sell Such as on 11.11.2019 For RS 84000 only Cgst : 7560 sgst : 7560 Total 99120. I create a sell as same as i make for goods sold. where to show such sall in GST all returns and is ITC is required to be return than how much. How I return the credit.
Is there any other formalities.

At the time of preparing Form-9, 2017-18, found that some ITC are there in 2A which I have not claimed in GSTR-3B. Now I have claimed in form-9, annual return. But still not showing the unclaimed ITC in any year. Whether I have to claim it in 3B of November 2019?

How Can GSTR7 be amended after accepting the Invoice by the vendor and has filed TDS and TCS Credit received ? One of my client by mistake credit given in GSTR 7 by wrong amount. Deductee accepted the same. Now when I am trying to revise in next month GSTR 7 the same shows as deductee already accepted. We are stuck in the situation. What is the possible solution ?

circumstances.....when its detail can be revised through gstr-1

XYZ (Manufacturer) is registered with GST at Daman (Union Territory). The manufactured goods they want to temporarily store at Vapi (Gujarat State) because of the space constraint at Daman. Subsequently, these goods will be again received back from Vapi to Daman. 1) Is XYZ required to obtain separate GST Registration at Vapi for such temporary storage being in the different state and pay GST while transferring goods from Daman to Vapi or 2) XYZ need not register at Vapi and can simply store the goods at Vapi by sending under a delivery challan without payment of GST? Experts views please.