GST queries [Resolved] [8]

All Resolved Open

tony

This Query has 1 replies

26 January 2025 at 17:35

Penalty u/s 125 for non filing of 3b return

Dear Sir,
Whether penalty u/s 125 can be exercised for non filing of 3b returns? Returns is nil return and filed on the same day of issuing notice.
Please clarify.

Daya

This Query has 2 replies

25 January 2025 at 20:35

Whether Net profit or Net loss come in Trial Balance

whether Net profit or Net Loss come in trial Balance.

Daya

This Query has 1 replies

25 January 2025 at 20:15

Accounting group on 31st March

Dr or Cr. balance on 31st March of cash credit and overdraft
what will be the accounting group in the both case.

Daya

This Query has 1 replies

25 January 2025 at 20:08

Dr. and cr. balance on 31st March

whether interest on cash credit charges on monthly basis
Dr. Balance or Cr. Balance on 31st March, what will be the accounting group on 31st March.
What will be paper require for cash credit on monthly basis.
please reply

Daya

This Query has 1 replies

25 January 2025 at 19:52

Whether interest on overdraft charged on monthly basis

whether interest on overdraft is charged on Monthly basis.
whether may be on 31st March Dr. Balance or Cr. Balance.
And what would be the accounting group if Dr. and Cr. Balance on 31st March.

raghavendra b

This Query has 5 replies

25 January 2025 at 15:08

SALE OF AGRICULTURAL LAND SITUATED IN CITY MUNICIPAL LIMITS

DEAR SIR,

ONE OF MY CLIENT WANT SELL HIS AGRICULTURAL LAND SITUATED IN CITY MUNICIPAL LIMITS.
COSTS NEARLY 4 CR. THE LAND IS AN ANCIENT PROPERTY THE CIRCLE RATE IS NOT PROPERLY KNOWN TO THE SELLER. NOW MY QUERY IS
1. CITY MUNICIPAL LIMITS IS COMES UNDER THE PERVIEW OF TAXABLE INCOME
2. IF YES HOW TO INVEST THE MONEY SAVE CAPITAL GAIN TAX
3. OR PURCHASE ANOTHER AGRICULTURAL LAND
4.PURCHASE OF RESIDENTIAL HOUSE PROPERTY

PLEASE SUGGEST ME

THANK YOU

Suresh S. Tejwani

This Query has 2 replies

25 January 2025 at 14:16

REGARDING TAX PAYMENT UNDER DTVSV

IN WHICH HEAD TAX PAYMENT SHALL BE MADE WHETHER IN 300 OR 400 HEAD?

Daya

This Query has 3 replies

25 January 2025 at 12:25

How to make journal entry of write of Trade receivable or trade payable

How to make journal entry of write off of Trade receivable or trade payable
if Trade receivable and Trade payable for Rs. 1,18,000 and 1,18,000 each respectively. please reply.

suresh

This Query has 1 replies

25 January 2025 at 11:45

Payment of tax before form 2 approval

Payment is made at time of Appeal, payment is made 100 percent. Now we are applying in DTVSV Scheme Whether assesses is eligible for DTVSV Scheme?

whether payment of tax before 31.01.2025 or after form 2 approved.

Suresh S. Tejwani

This Query has 1 replies

25 January 2025 at 10:56

DTVSV Scheme

At time of Appeal payment is made for payment of tax but only matter is paid regarding 234A, 234B & 234C.
If form 1 is file till 31.01.2025 and payment is made after 31.01.2025 then, Assesses will need to make payment of 100% or 110% of Disputed Tax.