DEAR SIR,

PLEASE HELP ME, ONE OF MY CLIENT FILED INCOME TAX RETURN ASS YEAR 2015-16, IN DHARMASTHALA, HIMACHALA PRADESH STATE. HE RECEIVED INTIMATION U/S 143(1), FOR DEMAND RS. 9520/- TAX PAYABLE. ALL COMPUTATIONS OF BOTH ARE CORRECT BUT THEY HAVE MISSED DETAILS OF INCOME TAX PAID CHALLAN. HE HAS REPLIED WITH CHALLAN AND LETTER. THEY HAVE ACKNOWLEDGED THE RECEIPT OF THE LETTER. THEY SAY WILL TAKE ACTION SOON. BUT NOT TOOK ANY ACTION FOR THE LETTER. THEN ASS YEAR 2016-17, AGAIN SENT ANOTHER NOTICE OF INTIMATION U/S 245 TO BE ADJUSTED ARREARS OF THE PREVIOUS YEAR DEMAND IN THE CURRENT YEAR TAX REFUND. BUT THEY HAVE NOT ADJUSTED AGAINST THE REFUND.

NOW AGAIN THE HAVE SENT ANOTHER NOTICE THROUGH MAIL.

MY PROBLEM IS HE STAYING IN KARNATAKA, BUT RETURN FILED IN HIMACHALA PRADESH ASSESSING OFFICER INFORM TO CONTACT ASSESSMENT OFFICER, IN DHARMASTHALA.

PLEASE GUIDE ME IN THIS REGARD HOW TO REQUEST TO CHANGE FROM HIMACHALA PRADESH TO KARNATAKA ASSESSING OFFICER.

REGARDS

THANKING YOU

Dear Experts,

We are manufacturer, our investment in Plant & Machinery is around 12 Cr.
But our Turnover in last year 2019-20 was 245 Cr. We are in confusion that
in which category we will fall? Either medium or large? Someone says "Medium"
and someone says "Large".

Please suggest to help me.

Rakesh Sharma

Mr. A is Service Provider & Mr.B is Service Receiver and both are Registered GST Persons & Regular Tax Payers. Mr. B is receiving services from Mr. A every year worth Rs.10000/- since from 2016-17. MR.A will not charge Mr.B. up to 2019-20 for 4 years Service provided to Mr.B. In the year 2020-21 and on 31/05/2020 MR. A raising total invoice of RS.50000+GST @18% totally Rs.59000 to Mr.B for services provided to Mr.B for entire 5 years @ Rs.10000/- per year from 2016-17 to 2020-21 (which he clearly mention the year wise service amount in the invoice like..... 2016-17 Service Fee- Rs.10000, 2017-18 Service Fee-Rs.10000/- 2018-19 Service Fee - Rs.10000/-, 2019-20 Service Fee -Rs.10000/- and 2020-21 Service Fee- Rs.10000/- & Total Service Value Rs.50000+ GST @18% Rs.9000 & Total Invoice Value Rs.59000) and date of Invoice 31/05/2020 and Pay Rs.9000/- Tax in his GST 3B for May 2020. Now my question is wether Mr.B can claim this ITC of RS.9000/- in his MAY 2020 month GST 3B??? Wether the Entire ITC of Rs.9000/- is allowable to Mr.B or Not???

Can anyone please help me in getting solution to below query with appropriate notification or circular reference.

01. I have started project in 2013-14 and it has total of 36 flats & shops
02. I got OC in mid of 2017-18
03. 6 flats sold before OC received
04. Balance flats / shops sold after OC
05. By mistake I also availed ITC of input & input services received after getting OC which is still lying in electronic credit ledger.

I have query regarding:
• How should I reverse such ITC? – in GSTR 3B or by DRC 03
• If DRC 03, can I reverse it using balance lying in credit ledger or I will have to discharge in cash?
• Will there be any interest for such reversal

Dear experts please help !!!!!!

Please anyone tell me about POEM(place of effective management), PE(permanent establishment) and Business connection in India. What is difference between these three words and where, they are used ?

Query raised by MCA in Form 3. "Date of agreement is different with e-form."
My incorporation date is 14/05/2020. After approval of FiLLiP, i have purchased stamp paper on 17/03/2020 and prepared initial LLP agreement on that date. I have taken 17/03/2020 as a date of agreement in Form 3. Now MCA raised query regarding date difference. Please help me to get rid of this because i have re-submitted the same form again as directed by MCA help desk.

Dear Sirs
I am a retired chemical engineer and I just started using a bookkeeping software for my business accounting. I have a query.

I purchased a website of my own by paying Rs 5000 to Godaddy.com. Also I paid Rs 20000 for developing the contents of the website. Some of the 5000 Rs will be good for 2 years after which annual renewals and payments will be required to keep my website alive. I am registered with GST also.

1. How should I show this in the accounting books. with regard to each of the payments.
2. How much depreciation is to be taken as per existing rules.

Please guide me. Thanks
R.Muthukrishnan

Due to recent Covid-19 , whether ROC has given any extension for filing CHG-1 -charge creation- which was suppose to due in April.2020.

Hi

We are planning for an audit of data migrated to a better platform from the previous POS platform of a healthcare industry. Could someone please suggest the audit plan checklists ?

Thanks in advance

Sir
I just want to know how the TDS will be applicable on following:-
Eg If Interest due to funder on 30th May 2020 is Rs 100000 whether TDS will be deducted @ 7.5% on whole Rs 1 Lacs ie.. Rs. 7500/- or
From 1st May to 13th May 2020 Rs 45000 * 10%= 4500/- &
From 14th May to 30th May 2020 Rs 55000*7.5% = 4125/-