Dear Friends,

I have received some shares from mother will in the year 2013 and Demat them in the year 2019.

But the accounting entries was not yet done in the books of account.

In the year 2020, i have sold some shares and received money in my bank account.

Also i have submitted my final accounts under ITR-3 for the assessment year 2019-2020.

I have no value of shares in my mother file so what procedure should i take ?

Please let me know

1. How to do book entries and what cost of shares to be taken in books at the time of entry ?

2. How to calculate gain/loss ?

If the person has registered under gst in the state of Maharashtra and he has imported of surgical equipments and goods from foreign country and paid igst on imported of goods. then query is that he can take ITC of igst paid against local outward supply gst liablity in the state?

What is SAC code used in GST registration for Game of Skills or E sports ?

To start my new business I required to have GST registration 1st (as without which manufacturer does not agree to supply goods) and to have the GST registration utility bill is mandatory document now problem is regarding utility bill.
1)Property is registered in my grandfather's name (after the death of my grandfather property automatically transferred to his sons)
2) as we have a joint family and electricity bill used to come in my uncle's name.
I have all other required documents that are
1)PAN
2)AADHAR
3)VOTER ID
4)BANK ACCOUNT
only facing problem to arrange utility bill.
please guide me regarding this so that I may able to have GST registration and start my business as soon as possible.
Thanks

Hi, i have been trying to submit form 26QB where transaction date is 19.03.2020 and payment is to be done in June 2020. The TIN nsdl does not allow TDS payment @1% and by default selects 0.75%.
Now how to make payment of TDS @1% alongwith interest where it is not being accepted by NSDL for the payment of the same?

Is video conferencing option is mandatory for board meeting or it is optional to mention about video conferencing?

Dear Experts,

One of my friend has to received an amount of Rs. 40 Lakh from abroad as commission income. The amount is to be received on behalf of 4 persons.

Please let me know if there is any GST implications on it.
Thank you in advance.

Hi,

Please suggest me a query if I fail to declare any deduction claim from getting excess TDS deducted yearly in 24Q Forth quarter of any financial year

Will I able to the claim the refund of excess tds/tax amount paid by declaring the deductions in ITR of the subsequent assessment year.......?

Please suggest.

Is it necessary to lose all other residential bank accounts after opening an NRO account

I AM A SUPPLIER OF AYURVEDA ITEMS ISSUED A INVOICE OF RS 5 LAKH ON 23 RD MARCH ABOUT 100 KGS IN QUANTITY, I TRANSPORT THE GOODS IN INSTALLMENTS OF VALUE OF RS 50000/- AT A TIME , WITHOUT GENERATION OF E WAY BILL, IS I AM REQUIRED TO GENERATE E WAY BILL FOR THIS SITUATION.

PLEASE HELP ME.