Dear Sir\Madam,

We are trading in machinery & we would like to give used machines to the charitable trust as a donation. So require suggestion from your goodselfs, how to generate invoices? & GST will be applicable.

Thanking you

.For FY 2018-2019 the ITC Rs. 3116/- for the month of March 2019 is reflecting in GSTR-2A as per GST Portal but only Rs.416-/- is reflecting in GSTR9 under table 8 and Rs. 2700/- not reflecting in GSTR 9 Under Table 8 as supplier has filed GSTR 1 after due date . Please suggested how to rectified in GSTR9.
Mob.No.9810600330

Can a practicing CA be a guest lecturer at college.

how to prepare computation to total income in excel sheet

Hi I have a small namkeens manufacturing unit in Sikkim, in the name of " TIRUPATI " . We pack the products in polythene plastic pouches with TIRUPATI printed over it, with date of packing, best before date, weight and mrp . But we have not registered the brand name " TIRUPATI " anywhere. Our monthly turnover is 3 Lacs plus. Will it be treated as a branded sale ? What would be the incidence of GST slab applicable ? Regards.

Dear Experts,

1. Deemed Dividend u/s 2(22)(e) is fully exempted u/s 10(34) or 10,00,000 is exempt u/s 10(34) & balance after 10,00,000 Chargable u/s 115BBDA?

2. A partner drawn >10,000 from petty cash in a day. Whther Sec 40A(3) is applicable to partner drawings ? my View is Sec 40A(3) is related to expenses of the organisation so in my question, drawings are not all a expenses so it is allowed u/s 40A(3).

Dear Expert,
I have balance ITC Showing in electronics ledger balance on 31st March 2020,
But I have not applied refund it's automatically adjusted in April 20 returns
Please advise this is correct or not
Or payable amount paid by Cash for April months returns

My query was regarding the Suo Moto Cancellation and Collection of tax .I'm working for a SErvice Oriented company and the GST registration was cancelled , Suo Moto by the Range (Jurisdictional Office) with effect from March 2020.

But the company instead of many advices from the accounts and audit department , the company management is collecting tax from the customers and giving tax invoices since then and continuing till this time.But since this is Covid time , No officer have been able to see through this yet,

Requesting you all to please clarify the following ,

1.Is the company righteous in collecting tax and giving tax invoice after suo moto cancellation of GST Registration.
2.Whether we can pay the tax through GSTR 3B so collected and file GSTR 1 for the cancellation period ( means the tax so collected from March 2020 after the cancellation of registration )

REgards

M E

Sold a residential property for 40 lakhs. In sale deed govt. Value of 18 lakhs is shown & received DD for that. Remaining 22 lakhs is received by cheque & deposited in bank. Can the whole 40 lakhs be shown as sale consideration for computing capital gains in income tax return.

A company owns a flat . This flat is capitalized in books. Now this flat is demolished and made a new departmental store. How to account the cost of demolition in books.