EASYOFFICE
EASYOFFICE


Pragna Marfatia
18 December 2020 at 00:53

Autopopulated ITC differ from GSTR2A

Autopopulated table of ITC only takes GSTR1 filed. Suppliers submit late and is reflected in GSTR2A but not in autopopulated GSTR2B. Then if I take as per GSTR2A, it shows red warning colour and says some rule 36(4) , CGST act, 2017.
Can I take as per GSTR2A and some pending invoices about 10 months old which were not taken earlier.
Please guide.


Shaveta Sharma

While filing itr whether to consider interest as per 26 AS or bank certificate as interest is more in bank certificate than that appearing in Form 26 AS ?


Chaitanyaa
17 December 2020 at 22:20

Various types of balance sheets.

What is the exact difference between estimated and provisional balance sheet. Kindly elaborate with an example.?


Praveen
17 December 2020 at 21:47

Gst input

Dear Sir/Madam,
My client has building a shop for his business needs. can the input on the goods taken for building purposes be used or not. he is a retailer gst dealer.


Pragati Sharma
17 December 2020 at 21:24

GST accounting Concept

A GST Reg. business having 2 separate reg, 1 in Assam and another in West Bengal with same trade name. Goods were imported at West Bengal port under GSTIN of Assam unit.

Half of the imported goods were kept at CHA, West Bengal after clearance from port and the other half at West Bengal unit address for sale to customers.

Tax invoice were issued to customers for supply by the Assam unit for the above-mentioned goods on their name.

However, since the goods were at West Bengal while generating e-way bill they mentioned GSTIN and name of Assam unit but address of West Bengal was mentioned for "From" place. "To" place was correctly mentioned that of the customer. West Bengal unit address was given for estimation of correct distance for eway bill.

Query:
a. Whether the assessee has made wrong billing under GST, since the goods were at West Bengal and not Assam at the time of supply?
b. What should have been correct billing procedure if the above made by assessee is wrong?
c. Can the AO make us a defaulter and demand any penalty from us?


shubha G
17 December 2020 at 21:12

Old invoices - payment pending

Hi

I have a query, X (supplier) has submitted invoices but for some reasons Y(receipient) has not made payment due to PO not valid or insufficient PO amount etc. Now it has come to a dead end where Y has to make payment but X is no issuing revised invoice.
X & Y both are not ready to take the tax hit. How to resolve this?


SD Bhosle

I am a senior citizen. My son has transferred money in my SB Account.
Do I need to add it to my total income for income tax purpose.


Kollipara Sundaraiah
17 December 2020 at 19:58

Gstr3b for November -2020

A gst registered dealer input credit claim details for the month of November-2020.
Itc as per books Rs: sgst -23,400 cgst -23,400
Itc as per gstr2b auto populate Rs:sgst-21,500/- cgst-21,500/-
Question:
Dealer itc claimed show amounts in gstr3b above mentioned for the month November-20.


Mahabir Prasad Agarwal
17 December 2020 at 18:23

Commission U/S.194H

I have received Rs. 4,70,000/- as commission from one supplier and ITDS has been deducted by him 23,500/- u/s.194H . Whether this income/Receipt of Rs. 4,70,000/- may be declared u/s.44AD ?


DEVI SINGH PARIHAR
17 December 2020 at 16:34

GST Registration

If a person who is in trading of furniture and having turnover of rs. 34 lacs in f.y. 2019-20 and he also have interest income from saving A/c and FDR of Rs. 2.50 lacs whether he is require to get GST registration because he got Interest income of Rs. 2.50 (Service income) and his total turnover exceeds Rs. 20 lacs in F.Y. 2019-20.