SIR- I am a trader registered under GST. I plan to buy a material from Unregistered Person for Rs.43,800/-. Actually, He had purchased that material in the last year with gst invoice (18%) for his own use and he had paid Rs.41,570/- including GST Rs.6,342/-. Now he is ready to sell it with some margin i.e Rs.41,570 + 2500 = Rs. 43,570/-.

In case if I buy it, Should I pay GST on Rs.43,800/- (i.e) Rs. 7,884/- at the time of my sale?


Clear My doubts plz
Thanks in adv

Is there any way to file revised IT return for the AY 2020-21 after the due date of 31st March,2021?Please explain in details.

Sir
Humlog ney 1 house purchase kiya hai jiske 3 owner hai. So Sir ITR mai kaise show karenge isko ji.
And loan bhi liya hu against house.
So please advice ji..

I am a chartered accountant based out of Faridabad. I am having experience of 6 years and currently started my own practice . I need work on Retrainership / assignment basis. Please help.Do contact

I want to fullfill my financial requirment for my business to make a overdraft limit on a FD this FD amount money is come from as a gifted money; which come from my father mother and from spouse, in this FD 90% share is of above relatives and 10 % share is mine ; what kind of complications in this kind of transaction ?
Kindly suggest me what to do who pay interest on overdraft limit and who take interest on FD ?
I am confused; please guide me .

I want to take overdraft limit on Bank FD for fullfill my financial requirements in my business but this FD genrate by the taken from gifted money of by my mother and father and my wife money , in this fd 90% share of gifted money which I recieve from above relatives and my share is only 10 % in this FD , what complications in this case which I face; please suggest me ?

Dear Sir/Mam,
I am filling ITR under section 44AD since FY 2017-18. And Now, I don't want to opt for 44AD. Can I do so ? I have heard that if once ITR under Section 44AD is filled then it is mandatory to file the same for consecutive 5 Years.
Please guide.

DEAR SIR,

WHILE FILING ANNUAL RETURN FACING SOME PROBLEMS AND CONFUSIONS. FIRST CONFUSION IS TABLE 6 OF GSTR 9 IS EDITABLE OR NOT ITC CLAIMED DURING THE YEAR AUTO POPULATED SHOWING MINUS FIGURE IF ITC CORRECTLY CLAIMED IN THE RETURN MATCHED WITH THIS TABLE THEN THERE IS NO EDIT REQUIRED FOR THE INFORMATION MEANS LIKE THIS (-136721 AND -136721.) OR TO FILL SAME FIGURE IN THE INPUTS COLUMN TO MATCH THE MINUS FIGURE OR LEFT AS IT IS IN. SECOND. TABLE 8 OF ITC RELATED INFORMATION IS OPTIONAL OR NOT. BECAUSE ITC CLAIMED AND ITC RELATED INFORMATION IS NOT MATCHED MEANS ITC CLAIMED AS PER GSTR 2A BUT ITC RELATED INFORMATION SHOWING LESS THE AMOUNT SHOWING THE TABLE 6 OF THE GSTR 9. WHAT TO DO DIFFERENCE AMOUNT IS PAYABLE OR NOT. IF NOT PAID WHAT WILL BE THE CONSEQUENCES. BECAUSE GSTR 2A IS COMPLETED MATCHED WITH TABLE 6 OF THE RETURN. THREE. WE CAN FILE ANNUAL RETURN IF IGNORING TABLE OF 8 OF THE GSTR 9 ONLY COMPARE WITH TABLE 6 OF THE RETURN. FOUR. WE HAVE CLAIMED PREVIOUS YEAR 19-20 ITC IN THE NEXT YEAR AFTER OCT 2020 IS THIS ELIGIBLE HOW TO SHOW IN THE GSTR 9. SOME INVOICES NOT CLAIMED BUT SHOWING IN THE TABLE 8 OF THE GSTR 9. HOW TO TAKE THE ITC OF MISSING. FIVE. WHILE FILING THE CONTRACTOR GSTR 9, THE TABLE 8 OF THE RETURN NOT SHOWING ANY ITC INFORMATION. BUT DISPLAYED IN THE TABLE 6 OF THE RETURN. WHAT TO DO IN THIS SITUATION.

FINALLY, DEAR ALL RESPECTED EXPERTS, ALL MY CLIENTS TURNOVER BELOW 2.CRORE SOME OF CLIENTS IS LESS THAN 20 AND 40 LAKHS, PLEASE KINDLY SUGGEST ME GSTR 9 IS MANDATORY FOR THE FINANCIAL YEAR 2019-20 OR NOT IF FACING THESE PROBLEMS CAN WE FILE GSTR 9 ANNUAL RETURN IF FILED GST HAS TO BE PAID IN THE HANDS OF MY CLIENTS.

PLEASE SUGGEST ME RESPECTED ALL EXPERTS,

REGARDS

Sir,

1.When I submitted the Form2 of LLP . I got resubmission for Registered office address proof . I attached the electricity bill issued by the society. Now I attached the Airtel fixedline broadband bill, is it considerable for registered office address proof , in that bill mentioned as a original recipient --Tax Invoice . But when I got resubmission mail , they people mentioned that any private authority and tax paid receipts and any tax invoices not considered as a office address proof .

2. Object Clauses - I entered the Building material manufacturing- non metal , cement bricks and pipes and other cement products also

May I know what is NIC code can I enter in Form 2.
and what are object clauses can I mention in Objects block.




Please let me know , help me to get the approval

Sir
I want to know whether I can file revised return after 31.3.21 for AY 20-21. There is change in other sources income... My client received a enquiry under Ecompaign . He tried to file on 31.3.21 but site crashed.
Pl guide
Regards