Hello will you please tell me how to reverse the IGST input tax credit.. i inputed 219742 rs,, IGST ITC Wrongly actually i dont have any figures in IGST field but inputed some value in IGST Field in all other ITC. and i got that amount in electronic credit ledger as rupees 219742.. now i need to corrent it in next month.. pls guid me on this... is there any fenalty or interest...

Hi, I’ve taken AMA classes from CA Sanjay Aggarwal in 2017. My attempt is in Nov 18. His book is very detailed and also mentions that it covers PM questions. Should i do my revision from my class notes and whole his entire book? Or additionally should i also solve PM? I believe in a conceptual approach with good writing practice over just solving too many questions of the same kind. Kindly suggest :)

There is a partnership firm "ABC" with partners Mr.A, Mr.B and M/s.XYZ Private Limited (with 2 Directors i.e.Mr.X and Mr.Y). ABC has availed a loan with a Nationalised Bank. Since it is a partnership firm all the partners has to extend Guarantee to Bank (including XYZ Pvt Limited). Company secretary of XYZ pvt limited has informed that as per section 185 they cant extend guarantee. But as per rules of Bank, XYZ pvt ltd has to extend guarantee.

Please confirm whether XYZ pvt ltd can extend guarantee to company as per Section185 of Companies act 2013.

Other Information:
a) No Body corporate is holding any shares in XYZ Pvt ltd

b) No Borrowings from Bank for XYZ ltd (except unsecured loans from Directors)

Can authorized signatory be other than proprietor in GST if we change mobile no and email ID of authorized signatory than we have to add new person other than proprietor so can we add signatory other than proprietor

Hi ,

While making the TDS return for Q1 2018-19, I have made an mistake. I have credited TDS amount to party B instead of Party A and Form 16A has already been generated for both Parties. How to rectify and resolve these error??

Hello,

My question is related to Input tax credit of GST charged on Hotel invoice.

01. Our Director travel to Rajasthan for Client visit and meeting at that time he has stayed in Hotel and also take an Invoice in the name of Company and hotel charged GST on the invoice. Can we take a credit of the same?

please advise.

thanks in advance.

Dear sir I have won 400000 my tax is deducted by Dream11 under 194B 30% I am salaried person income is 250000 pa

If I file for income tax return can I get the claim back when I askig them they are saying me to approach C/A

can I get the refund of tds deducted if yes how
If no y


With regards
Jayaram chavan

Im a self employee, my job is to exporting services to outside the India, all my export services fall under 0% IGST,

I received 100% full payment on July 27th 2018 from foreign client
Im going to generating the invoice and exporting the software to him on 25th August 2018
I already registered GST and taken LUT Bond on 20th August 2018,

Now my question is
1. Full 100% payment what i received in last month is considered as Advance Payment and do i need to pay tax on Advance payment?
2. Since i have taken LUT, can i export under LUT rather than paying IGST?
3. What are all the taxes i need to pay?

dear sir

can you send me special resolution format for the purpose of reducing the share capital?

my email id mariappan.sarawanan@gmail.com

thanks in advance

We are registered GTA. We have own Truck. We paid Insurance Premium, Repairing Expenses, Purchase spare parts etc regular basis for our Own vehicle.
Question is should I take this ITC on these type of expenses and Purchase