Sir,there was cash deposits of Rs.35,00,000 plus in to the bank which was generated from carpentary business as the assessee is the carpenter, accordingly, income tax return has been filed u/s.44AD while declaring the profit more than 8%. lator, there was scrutiny assessment under faceless and subsequetnly commissioner appeals and now we are before the ITAT as the assessee has not been sucessfull before the two authorities. Now my quesiton is whether can I submit the books of accounts before the ITAT. I have doubt as to since the ROI is filed under Presumptive taxation, whether books of accounts can be produced

Would like to know how to report in 3CB where we have not obtained the details of MSME disallowance as the client has not provided us the details of whom are MSME traders /manufactures as a result of which no disallowance is made

IF SERVICE PROVIDED TO FOREIGN CLIENTS LIKE ACCOUNTING DATA ENTRY ,AMT RECEIVED IN CONVERITIBLE FOREIGN EXCHANGE AND ANNUAL TURNOVER IS LESS THAN 20 LAC , THEN GST REGISTRATION IS MANDATORY OR NOT.
PLEASE REPLY.

Two queries for MLD debenture with 0% coupon rate
1. Is there any interest income earning on MLD debentures????
2. Tax rate of short term cap gain .
and other question is if any MLD acquired before 01.04.2023.

One of our client received an intimation from the department for the reversal & reclaim statement for the IGST balance reflecting in GSTR 2B for FY 2023-24. Client after discussion with the GST officer reversed the ITC as per intimation received from the department but while re-claiming the same in table 4D(1) added this ITC in Table No: 4A(5) - All other ITC. Now the same amount is reflecting in ITC Reversal & re-claim statement as a balance. Also what to do with the excess ITC which was claimed in Table 4A(5) ???

So what can we do in this scenario. Please guide.

Dear experts
I have a client who wants to do electrical and furniture work, so he will have to two difference gst no or not, if not and i do gst registration and place 5 hsn (electric item is more laptop, tv, printer, frezee, washing machine, wires or many electric and furniture ) how is posible or circular of govt.

Sir, I have applied LUT for a software company. I have get the acknowledgement at the filing of LUT application. There is no LUT number in the acknowledgement. How to find LUT number. Is LUT Number to be filled at the time of generating e invoice. Please help me.

In case of retirement cum addmission partnership deed, alteration - increase in capital stamp is required or any other stamp?

GSTR 3B is filed quarterly. IFF is filed every month and tax liability is paid month wise

GST liability payable is IGST Rs.3,66,012/- CGST & SGST each Rs.1,31,851/-
ITC available is IGST Rs.3,35,250/- CGST & SGST each Rs.1,062/-
Balance GST payable is IGST RS.30,762/-, CGST & SGST each Rs.1,30,789/- Total Rs.2,92,340/-
Cash Balance in ledger as on 28.02.25 is IGST Rs.83,826/- CGST & SGST each Rs.82,913/- Total Rs.2,49,652/-
Now while creating challan for payment system is not allowing excess cash balance of Rs.53,064/- (83826-30762) against CGST & SGST payable.
So against actual payable Rs.42,688/- (292340-249652) system is generating challan for Rs.95,752/-

My question is how to adjust excess in IGST of Rs.53,064/-

alcohol for human consumption is out of GST as per article 366(12A ) but alcohol given to god and Prasad is in GST? Because alcohol for human consumption is out but what about God