XYZ Co-Op Housing Society Limited “has done Redevelopment Agreement with PQR (Developer). XYZ entered in – Redevelopment Agreement in July 2015, which was registered also. In Feb 2019 -Redevelopment was completed and Occupation Certificate was received. Now Developer is asking for GST for the NEW CARPET AREA @ CONSTRUCTION COST @ 8% GST. Is the developer right in asking for GST?

Could you please clarify the following

1.Whether the Due as on 22nd January 2019 has to be mentioned or Due as on 31.3.2019 while filing the MSME -1 ?
2.Further I hope that Initial Return has to be selected at this time, Am I correct?

3.Even there is no Outstanding then Nill return has to be filed?

A person has taken over the business of another person which has long outstanding trade receivables. It is found that the amount cannot be realised any more. Now these trade receivables are to be written off as bad debts. Whether this bad debt can be adjusted against retained earnings? Kindly issue suggestions in the light of Accounting Standards.

Regards.

One of my client received Notice U/s 139(9) for Defective return for AY 2018-19 with an error code 332 : Tax Payer has shown gross Receipt or income under the head " PGBP" more than Rs1 Crore; However, Part A of the Profit & Loss Account and/or Balance Sheet have not been filed and the books of accounts have not been audited'. But we have already submitted the return with complete Balance sheet and Profit and loss detail. I have rechecked the xml and even the final pdf file downloaded from the e-filing portal. Even in Part A general complete audit u/s 44ab details are filled properly. we have copy of final 3cd and acknowledgement downloaded from e-filing portal but still we have received the notice. Notice shows following probable resolution - "Please fill the Part A of Schedule Profit and Loss A/c and Balance Sheet details and also provide details of audit report obtained u/s 44AB in Part A – General." But the above mentioned details are already filled. It seems by mistake the notice has been sent to us. Kindly guide what should be done , or what else should we check.

Dear Experts,
We have mistakenly mention the rate in the column of qty and in qty column mistakenly rate has been quote. Also the eway bill has been generated thereof. Pls let me know now we are going to file GSTR-1, how to correct this mistake,

Thanks
Karan

Actual Case is B2C, GST Charged Rs.60 lacs & Credit Note issued for Rs.31 Lacs,
Which was correctly shown in GSTR 3B of Aug 18 as Rs.29 lacs and paid through GST Input Credit & GST Cash Ledger, but in GSTR1 of Aug 18 under B2C wrongly GST amount charged shown as Rs.60 lacs

This mistake was identified during May 19 Statutory Audit, but now the problem is The Project of Client is about 99% complete and in future Billing pending only for 5-6 lacs GST liability, please advise how can we correct the mistake in GSTR1.

Whether bonus shares allotted should be treated as income or dividend. If treated as income what should be the value whether share price on that date or face value

If i have two kind of services one regular Commercial rental income and other professional income (may be Ca or Professional Artist) (both consolidated total below 50 Lakhs) can I avail 6 % scheme on both services if other terms and conditions are satisfied as per notification

Dear Sir/Madam,

Please advise, whether RCM is applicable in the case we engage local lorry & he will not issue any sort of LR/Cash Receipt or proof of hiring the lorry. The freight will be paid by cash and booked into Freight Inward/Outward Exp.

My query is do we need to pay GST under RCM and can we avail input credit on the same, irrrespective of Freight paid on inward or outward of goods.

Thanks

I have installed em signer and java and make settings in chrome under java script add address and attach usb token in laptop but still showing error of 'Failed to establish connection to the server'.Kindly restart emsigner. I have DSC of epass auto whether set up is to be installed of epass auto.