Hello, GSTR 1 for one Qr in 2018-19 could not be filed. Is it possible to file now. How much late fee and penalty to pay. Experts opinions sought. Thanks

one of my client outward tax liability of October-2017 paid by way of reducing the ITC on inward supplies in August-2018, to the extent of liability is it acceptable, if yes, kindly inform the supporting information

whether fixed deposit ( Term deposit) comes under cash and cash Equivalent under scheduled III ?

Dear Experts,

01. Could you please the difference Section 50 and Section 54F of the Income Tax Act, 1961.

Hi All,
A Listed company has an accounting policy as follows.
"Expenses more than 1Cr are only considered as prepaid and amortized, all other expenses are charged to P&L."
Is this allowed ? If so, do we have a reference in any standard or guidance note ?

I am filling form 26QB for TDS on sale of property. I am individual and purchased flat from Godrej (Company). While filling form 26QB it is automatic taking major head as 20 (Companies) instead of 21 (Other than companies). Please guide what to do.

Sir,
If a professional income it person account records up to date f.y.23-24. some dates cash shortage (nagative) show in books.
Question:
How the procedure source of cash generated (nagative) adjustment in books.

Is interest or late fee paid to state excise department is an allowable expenditure u/s 37 of the Income Tax Act, 1961. If so, are there any relevant case laws in favour of the assessee.

One of my client has hired skilled and semi skilled employees on contract basis and these employees are on payroll of client only. Employees are receiving benefits as per employee-employer relationship like PF, ESI and other allowances as well. Under which section TDS should be deducted? and if there is any judgement in this regard

Hi! I have a gst number which i took this year on April month for ecommerce business. But now i want to register for cancellation as from last 4 months i have no sales and i am closing my business. I have filed all returns including NIL return. But I have credit ledger balance in my account. So Please suggest can i register for cancellation or not? what should i do now. Also i have some stock left.
Thank you.