Kindly provide sample letter of Condonation of delay u/s 119(2)(b) in filing of Form No. 10B for AY 2018-19 to CIT

Dear Expert , As wef 1-4-20 TCS is applicable on sales of goods above 50Lakh by the seller. There is another condition is that, no TCS
would be under sec 206H (1H) if a Buyer is liable to deduct TDS under any other provisions.

(I) want to know what is meaning of " if buyer is liable to deduct TDS.
(II) Is GSt amount would be added for calculating TCs or only basic amount.

Kindly reply

Assess source of income mentioned below.
1. Gross receipts income from professional income.Rs.21,00,000/-
2. Sales turnover from pharmacy.Rs.9,00,000/-

Assess return filed sec 44ada or sec 44ad applicable in I.t. act.

I am 66 year old pensioner. Done delivery, intraday and F&O transactions, purely on the advice of the dealer of the broking houses and have incurred a loss of about 5.00 lakhs. I want to know how to arrive at loss/gain in an F&O txn, on perusing the ECN, how to calculate the turnover and how to carry over the incurred losses and how to set off those losses in the coming years. I have got rental and interest income. I have been filing ITR-2 only for the past 12 years. Please guide me.

Today I got a notice that return for AY 2014-15 will henceforth be rectified by our Assessing Officer........ What to do in this case

Assessee has 234e penalty for fy 2012-13 & 2013-14 which was processed before 31.03.2015.

In processing, department charges 234e late fee.

Can we file an appeal now for waiver of that 234e penalty?

We are purchasing raw material on Taxable Invoice, after receiving invoice, we found that qty is short or excess, after that we raised debit or credit notes, so my query is:
can we purchase the raw material on delivery challan & e way bill, when the material final qty.confirmed then we inform the supplier for taxable invoice.
if it is possible possible, than GST impact?

SIR
We had dispatched the waste material to a party which amounts to Rs. 95720/- But they have returned our material due to quality issue to us without making any entry and issuing any debit note regarding this transaction. Can we raise credit note?

Dear Sir,

I have filed GSTR-3B returns for F.Y. 2018-19 in which I didn't take Input tax credit of around 1.50 lacs.

The ITC is now expired since it is only available for 6 months period. Can I revise the ITC while filing GSTR-9 and apply for refund of 1.50 lacs for F.Y. 2018-19 since I have paid extra GST amount.

Please help on the above matter.

Regards,
Divyesh Jain

Dear Experts
while filing ITR -3 for AY 2019-20, with reference to Part OI , amount disallowed for non deduction of TDS -For example ,PL a/c debited with Consulting Charges Rs 1,00,000/-
In Part OI of ITR -3 , shall we mention 30% disallowance say Rs 30,000 or Rs 1,00,000
how to mention in TAX Audit Report Rs 1,00,000 or 30,000
please clarify and guide us