How to record input tax credit entry on closing stock

Hi, I was just curious about finding out whether the money that is donated to Religious places like temples , churches or mosques etc. .Do they have to pay any tax to the government of India?

Is there any exemption available for stcg on house property?

Dear All,

Can i file GSTR-9C voluntarily? (i.e. even if assessee is not fall under audit criteria).

Thanks
Nirmal Dave

Dear Sir,

I have prepared my books of accounts showing taxable sales which excludes GST tax. But in my 26AS the Amount paid is calculated by taking into account the GST tax. This has resulted in excess Sales showing in my 26AS. I have paid all the GST which was applicable.

I want to know what is the definition given by Income tax with regard to GST tax, whether to include or exclude in Turnover of Sales.

I need to reply to Income tax notice regarding the above issue so if you can provide me the relevant section to support my answer.

Regards,
Divyesh Jain

Dear Sir,

I have filed the return of Income for the Asst. Yr. 2018-2019 and received Intimation of 143(1) order through Email.

I have not claimed the Advance Tax for the Asst. Yr. 2018-2019 amt of Rs.10,000/= (Ten Thousand only).

Can I claim the above Advance tax for Current Asst.Yr. 2019-2020?

Please give the advice

Thanking you

Seetharaman Sir,
In Economic Times on 10th October, 2019, there was article that if one has to clain ITC, for invoice not shown by supplier in GSTR2A (if you can not see), then you can only claim 20% of ITC for that invoice which is not shown by supplier. They say that it is w.e.f. October 9, 2019. Is this true?

Thanks if you can guide me please.

gf

Due date of filing ADT-1( Appoinment of auditor ) IF AGM held on 30/09/2019

Dear Expert ! A pvt Ltd. company was registered on dated 21.08.2018 and first auditor has to be appointed within 30 days by the board. Board send the appointment letter to CA firm, but firm did not sent the confirmation letter till end of Jan 2019 after that only they have given refusal letter . Now my query is whether board can appoint another auditor treating as first auditor of the company ? I.s it necessary to file ADT 1 by the another Auditor