Sir

One of the Person has taken agency of Britania. His turnover as per gst return is approx 2.5 crore and commission is approx 12.50 Lakhs.
Whether he is liable for tax audit u/s 44AB?

Thanks

Hello dear Expert If vat audit not Submit on within due date then what will happen and otherwise can submit after due date with penalties?

Dear Sir/Mam,
I want to know if any company gstr-3b filed incorrect sale figure not matched with its books of accounts.
Example.
A company made sale in the month of January total outward supplies Rs. 1200000 but Gstr-3B filed total outward supplies Rs. 1 crore 20 lakhs and paid tax as per returns data.
Then in this case now we have to file gstr-1 but it can be filed Rs. 12,00,000 only.

Please answer me regarding this question now which step can we have to take

company turnover 25 crore 2017-18

Thanks & Regards
Rahul Rana

Dear Sir,
I have a question regarding branch reconciliation and how to know about below query.

A company has 150 branches in all over the india
One day a customer purchase product from a branch which is established in delhi and paid another branch but don't know in which branch he made our delhi branch payment.
In this case how to reconcile payment and how to make journal entry regarding this situation.

Thanks & Regards
Rahul Rana
Pursuing IPCC

We are having freight forwarding business and we are providing the services to our valued clients. but sometimes service provided to our clients also includes Transportation services and we have also charged GST on invoices raised to them. I want to know whether Transportation services provided along with other services attracts GST or not?

MY CLIENT RECEIVED CASH AS ON MONEY IN FY 11-12 FOR SALE OF AGRICULTURAL LAND WHICH IS SITUATED IN RURAL AREA BUT THIS CASH MONEY IS NOT INCLUDED IN SALE AGREEMENT. HE HAS HAVING INCOME FROM AGRICULTURAL PRODUCE. HE WAS ALSO NOT FILED HIS RETURN FOR THE FY 11-12. HE WAS DEPOSITED THE RECEIVED CASH IN BANK AROUND 40 LAKHS. NOW HE GOT NOTICE FOR THIS. HOW TO GIVE ANSWER TO THIS NOTICE. ALL THIS MONEY IS RECEIVED FOR SALE OF AGRICULTURAL LAND. HE HAS NO PROOF FOR THIS AND ALSO BUYER IS NOT READY TO GIVE CONFIRMATION FOR THE SAME. PL GIVE URGENT REPLY

Assessee purchased land for rs. 10 lakhs to setup an industry.The former owner of land used the land for agricultural purpose, hence sale agreement was made based on the market rate of agricultural land.However, since the assessee had the intention to setup an industry on the said land,they paid the stamp duty on the rates which were applicable to Non agricultural land. Stamp duty was paid on Rs. 20 lakhs(rate of non agricultural land).Whether section 56(2)(x) is applicable on 10lakhs (20lakhs-10lakhs)?

i want to know if i sale lift to individual customer how much GST will charge. now i charge @18% but some branded company charge 12% . i cant understand what is right . please advice and clear me
thanks

I had filed a society return in ITR 7 instead of ITR 5. Now I want to change the ITR form to ITR 5. I tried doing both rectification as well as Revision. Both the things are not allowed by the system since the due date is over. Kindly advise me how this can be done.

I am in warehousing business and my income is categorised under Income from house property. After taking standard deduction all other expenses are disallowed or are not taken to compute taxable Income. However, routinely I incur expenses for repair and maintenance which includes paint material, small quantity of steel and cement. I want to take input of GST as the expenses are or revenue nature. Can I do so?