Sir, My supplier has been file GSTR-1 as on 08-12-2020 for the month of March-2020. In this I has already credit against his invoice in March 2020. Now, what to do ? Can I reverse this credit ?
Please help me.

Hi All,

The assessee passed away in October 2020. His wife has been registered as the assessee's legal heir / representative on the e-filing website and the request has been approved by the e-admin.

Which / whose bank account details to be provided in ITR for claiming refund?

Can wife provide her own bank account details (single holder account) in ITR of her deceased husband's ITR to claim the refund?

Thanks.

Our client has received Rs. 20 lacs from Bank towards swiping charges(cash Back) during the year. Please advise, whether GST is applicable under RCM.

Sir
Under which section TDS will be deducted on calibration Charges.

Sir I'd filed my tir for ay 2020-21 in June 2020.On 2nd Dec,2020 while checking in my portal,it was showing as 'Return processing is in process' and remains same as in today.But in my account on 4th Dec,2020 the refund amount with interest credited from IT dept.Sir no intimation or sms came till today I.e 15/12/2020.Sir what to do now?Have i to wait more to get my intimation 143(1)? Or to give request for 143(1) through portal?In my portal it is not showing as 'itr processed' but got my refund back.Feeling very strange.

Facts of the case : Assessee has 2 business, one is of Construction and another is of Cement trading.

If he has used cement bags for his construction business, then two issue arises

1) Sale to self (another self business). Shall we issue invoice in self name??
2) Shall we take ITC on purchase of Cement bags ??

Q1} We are registered Transporter (GTA) in West Bengal. We are not liable to pay tax. Our client pays tax on RCM basis.

From stating, we fill up of our Sales Figure in GSTR1 and 3B in following column:-

1/GSTR 1 in column No 4A,4B,4C,6B,6C- B2B INVOICE and Tick "Reverse Charge Machanism’’

2/ GSTR 3B, We put the sell figure in month wise (Total) in column No 3.1.C of GSTR3B (According to section (17(3) of CGST Act 2017, outward supplies on which recipient of services is liable to pay tax on RCM basis shall be treated as Exempt supplies)

3/ If Service to URD we will put the figure in Column no 8 "NIL rated, Exempted and non GST supply” GSTR1

Now Question is When we going to fill in GSTR3B for the Month of November 2020 the Figure of RCM is auto populated to Column no 3.1.a {Outward taxable supplies (other than zero rated, nil rated and exempted)}

Sir What to do?

SIR

PLEASE LET US KNOW UNDER WHICH GROUP OF ACCOUNTS ESIC/ EPF EXPENSES , ESIC /EPF PAYABLE COMES.


MUKESH

My company received an advance for some work. The payment was made to me after TDS deduction. TDS return has also been filed by the paying company. Now I am returning the money as I could not complete the job. The paying company is asking for full refund also the money which they have deducted as TDS. I am asking them to revise their return and utilize the same with their future transactions with some other payments. They are denying.
Please advice can tds return can be revised ?

Dear Expert,
Whether Tax Audit is Required to be Done ?

Partnership Firm,

FY Sale Purchase Profit Return Filled
FY 2015-16 No Yes 0 ITR 5
FY 2016-17 No Yes 0 ITR 5
FY 2017-18 6,900,000 Yes Above 8% ITR 4 - u/s 44 AD
FY 2018-19 30,950,000 Yes Above 8% ITR 5 - u/s 44 ABA
FY 2019-20 5,100,000 Yes Above 8% Whether Tax Audit is Required to
be Done ? Or we can file u/s 44AD

Expert Request you to Kindly Advice.