Hello,

We selling our companies Fixed Assets like Furniture, office Equipment, and IT server etc.

We want to sale this assets in loss compare to closing balance after charging appropriate depreciation. So do we need to charge GST on this ?

and in case of profit what does the same rule can be applied ?

Please Guide.

TV, AC, oven, mobile, laptop, laptop stand, mobile stand for office will come under which head in tally? Fixed assets for office expenses. Please explain

The vendor charge Annual renewal charge of software purchase (SAC 997331). Vendor is saying that it is purchase of software and TDS is not applicable on it. Please clarify whether we have to deduct TDS or not?

If i am register in gst and i have only cash sale . In case if every time whenever i have to make to my supplier , i deposit cash same day and do rtgs of equivalent amount .but rtgs via cheque And this is repeatedly done .Is it a voilation of any income tax rule . I have shown cash bills in gst also .

Need a draft letter and guidance on what should we write in penalty proceeding which has been initiated.

IF THERE ARE THREE MEMBERS OF HUF:
1.MALE KARTA, 2.WIFE OF KARTA AND 3. MAJOR SON OF KARTA
IF MALE KARTA OF HUF DIES THEN WHO WILL BECOME KARTA OF HUF?

Dear Team,

A person is liable for income tax return for the first time from FY 2022-23 onwards, whereas its missed out to file.

Kindly suggest us the available alternatives for filing the return for FY 2022-23.

Hi,
I filed my feb 2018 GST returns in March 2019 . As per the GSTR-3B
returns by violating the provisions of section 16(4) of CGST Act, 2017).I have received show cause notice, I have already closed my business. Further I can pay the principle liability but the interest amount is farfetched, can you tell me if I need to pay interest till date.Is there any way to avoid it

with in how many km goods being transported shall not arise the applicability of e-way bill ?

Respected Sir,
I have filled the ITR-3 for FY 22-23 with claim of TDS refund dated 30th Dec 23 and for some reason, I could not verified the ITR within Stipulated time date 30th Jan 2024 and after that I have sent the ITR V at CPC Bangalore and after 5 days I received following mail dated 5th Feb 2024,

"Your ITR-V has been received after the stipulated period of 30 days. Hence, in terms of CBDT (Directorate of Systems) Notification No. 05 of 2022 dated 29.07.2022, this ITR-V is not valid and hence your ITR is treated as 'Non-est' (not filed). "

So my humble request to experts kindly guide what to do in this situation.

Thanks & Regards

Raj