Dear Sir,i wrongly entered IGST amounting Rs10000/- in Point 5 (All Other ITC)Table 4 as Input
Now i have to Reverse that input....then i contact CBIC they said in your next return fill the Amount of wrongly claimed IGST in IGST Reversal Point in Table 4.but there are two points (i) Reversed u/s 42 &43 of the Act,and (ii) Others
then in which point i have to reverse

Dear Sir,

FY 2018-2019 We have received the services of Transporter but Reverse Charges not included in 18-19. Can we include in this month,s return GSTR-3B
But payable show in books of accounts.
also Please guide in which colum need to show

Thank you

Dear Sir,
Maternal uncle of my mother was expired. He was bachelor and was an employee. His had stated my mother as sole nominee. she is entitled to get the Providend Fund amount of the deceased. Now whether such PF amount as received by my mother is taxable. Or not?

Hello Sir,

Which ITR form is use to file by a company director for having salary from the company not exceeding 3lacs?
And what is the procedure to file ITR-2, if a director has already filed the return in ITR1?

Kindly provide your valuable suggetions.

Thank you
Menon

On 21-Jul-2018 - I have deposited my entire capital gain income of Rs.16 lakhs in Capital Gains Bank Account. It is also declared in my 2018-19 IT Returns.

On 19-Sep-2018 - I have withdrawn my entire capital gain of Rs.16 lakhs from Capital Gains Bank Account and used entire money and purchased a residential house for Rs.29 lakhs. I registered the house on 24-Sep-2018.

I want to know how to declare the above transaction in my 2019-20 IT Return?

Respected sir,
for example if we are engage in business of petroleum. we have monthly and yearly sales targets or purchase targets if we achieve that targets we receive certain income from company and it will directly credited to our bank. and generally it received on vat items( for example basis of that discount or reward was based on sale or purchase of petroleum(vat item). so my question is whether that reward received by us is taxable under gst and if yes what will be hsn code or what will be tax rate for the same.
Thank you in advance.

format for undertaking that there shall be no infringement to the proviso to the section 2(15) of the IT Act

my company registered as a regular dealer and concerned with the manufacturing of ayurvedic medicines.i have purchased an automatic pill 'packing machine of Rs.436600 from a regular dealer. Here ITC value is about 66600.in this context, can claim the input tax credit on the GST paid on purchases or not.

1) Does trust needs to mandatorily charge depreciation on their fixed asset..?

2) Does trust have option to do accounting as per cash basis or accrual basis..??

Hi
One of my friend is paid as a consultant and not a regular employee. He is being paid after deduction of TDS. every month. Under which section he has to show the income, under Sec 44AD or Sec 44ADA? Is Tax Audit is required? He is not maintaining any account. The payment is getting credited every month in his bank account which is the only source of Income.