Dear All,

We have shown B2B sales pertaining to FY-2017-18 as B2C sales in GSTR-1 and the same isn't rectified in any GSTR-1. Now we are filing GSTR-9 (Annual Return) of the FY- 2017-18, can we now show the correct sales under B2B and B2C.

Kindly suggest.

Thanx in advance.

Property income (rental) less then 22 lakhs per annum, GST registration compulsory?
Do we need to file monthly return or quarterly return, please advise.
what is the nominal fee CA can charge to file GST returns (quarterly)? (only 4 transaction per month).

Respected Expert,
I Want to be clear regarding applicability of tax audit in the below mentioned scenario for individual carrying retail business:
Turnover for F.Y. 2018-19 is 82,00,000/-
Gross profit comes to 2,60,000/- (3.17%)
Net Profit comes to 1,20,000/- (1.46%)
Total Income for ITR comes to 1,22,250/-
Whether Tax Audit is Necessary in this Case???? If Yes then How??

Our company is using tally software and we have purchased some fixed assets and current assets in same bill.how can I record this transaction in tally with there quantity .
Because while recording tally talk for purchase Leger type if I choose fixed assets then whole taxable value goes to fixed assets.

Dear Experts
My company has paid Rs. 1.78 crore as legal claim, is this claim allowed as deduction in P&L account as per Income Tax Act 1961, If yes, please quote any court case.

TDS on interst on subordinated debt shall be deducted under which section?

when the due date for filing DIR-3 KYC form .? any new form will come for this ?

For directors allotted DIN up to 31-3-2018 whose DIR-3 we uploaded last year ? for them need to upload this year also ?

I request expert opinion for the following :

We are aware that the time limit for taking GST Input Tax credit before September of the following Financial year or before submitting annual GST return which ever is earlier.

Our question is whether any time limit is prescribed for utilization ITC Credit or it can be carry forwarded in n number of years.

DEAR SIR, IN CASE OF E COMMERCE BUSINESS, THE SALE & PURCHASE BILLS ARE RECORDED IN BOOKS BUT I HAVE NO ANY TYPE OF EXPENSES ARE BOOKED IN OUR BOOKS WHAT WE SHOULD AT THE TIME OF AUDITING BECAUSE PURCHASE & SALE ARE RELATED WITH SAME ITEMS & EXPENSE IS RELATED WITH ELECTRICAL EXP. RENT EXPENSE AND OTHER EXPENSE LIKE SALARY AND OTHER EXPENSE ARE PAID IN CASH MODE WHAT SHOULD WE DO OR HOW I BOOK AN OTHER EXPENSE

We request expert opinion whether interest is payable for wrong availment of Input tax credit from the date of taking credit or from the date of utilizing the credit.

For example one person has taken in eligible credit for Rs.10,000/- on 10.08.2019. But he has utilzed the credit on 31.08.2019. My question is whether interest is payable for wrong availment from 10.08.10 or 31.08.2019 ?