D.G. Mohan
14 April 2023 at 14:37
Supplier not uploaded March invoice in 2A. Total GST is Rs 1 lakh. But we don't have money to pay. Usually ITC will be more than output tax. If we wait till it is reflected in 2A of April can we file March quarterly returns afterwards without payment of tax. For this we have to enter ITC more than March 2B. Is it possible. Please guide me and suggest any other alternatives.
Anonymous
14 April 2023 at 10:49
Supplier not uploaded March invoice in 2A. Total GST is Rs 1 lakh. But we don't have money to pay. Usually ITC will be more than output tax. If we wait till it is reflected in 2A of April can we file March quarterly returns afterwards without payment of tax. For this we have to enter ITC more than March 2B. Is it possible. Please guide me and sujjest any other alternatives.
Anonymous
06 April 2023 at 11:56
Hello sir/mam,
I am from Karnataka. My right leg is affected by polio. I can not drive manual car so tried with automatic and I am able to drive automatic. Planning to book automatic now though it's little costlier than manual. Now my question is, Can I register my car under Divyangjan? Few of them are saying, should modify the car. I am buying automatic because it's modified and I no need to operate clutch so I no need to use both the legs. Few of them are saying, no need to modify the car so that you can appoint a driver for your personal use. Please anyone let me know What is the exact rule to register vehicle under Divyangjan?
Anonymous
30 March 2023 at 07:23
The Board of three Directors cum shareholders of a Private Ltd company allowed MD to use his new house under final shape to use it as a Registered office. A rental agreement was made with the house in his wife's name for Rs 7000 for a small office space without defining the area. The MD purchased many Movable items required for House. The statutory auditor deleted such purchases not relevant to Business Objects and cost of sales. MD agreed with the auditor to pay up dues to GST within 3 months of filing returns to ROC and IT. The other two directors are the authorized signatories of GST registration and MD compiles Excel Sheet Income and Expenditure and data for audits till almost return fuking dates. Out of 3 directors (one MD), one director advised MD that there is nothing wrong as many companies maintain Guest houses and purchases are taken for ITC claims. The other Director myself is the Bank authorized signatory and finance asked MD to handle the company as OPC the way he wants and offered to be out of the Board. A gesture to MD to take my share free to be divided equally amongst rest two directors is attempted to be misused by MD. He moves a Board meeting to accept my resignation and also transfer the entire shareholding offered by me to himself only thereby he will hold 67 % and other directors 33%. I withdrew my offer to resign and surrender shares. What course do I have to terminate MD ( I am a minority shareholder of 33.33%) and surrender his shareholding of 33.33% to the company to replace him? I am a senior Citizen 74 willing to file a case but cannot afford hefty legal fees. MD is 60 yrs and Other Director is 73 is well connected to legal community
D. M. Puri
19 February 2023 at 19:43
Is cash gift to daughter is taxable taxable at her hands?
What are the provisions please?
Do we have to make Gift Deed?
Please advice.
Anonymous
23 January 2023 at 10:48
One supplier after supply of goods issued GST invoice and submitted both his returns but wilfully not uploading to ZGST portal. We doubt whether he has accounted it or not.What can we do. Can department take action on supplier on our complaint.
Prasad B
06 January 2023 at 18:44
Hi sir ,
i am LIC agent and i have a business (GST registered) , in lic i am paying 2500 professional tax per year , Telangana state commercial tax department asks me to pay 2500 / year as professional tax ,
my question is again i have to pay professional tax
Anonymous
24 December 2022 at 11:52
Personal property sold for Rs 6 lakhs and capital gain around 2 lakhs during 2021-22. Not yet filed IT returns. Transaction not seen in 26 AS and AIS. What will be consequences if not filed returns within Dec-31. First time IT filing. If notice received at later date, what will be the penalty amount apart from interest. Apart from capital gain income is within 2 lakhs. Even this year income will be within limits.
shyam lal
23 December 2022 at 16:53
Immovable property received without consideration by the assessee, as per family settlement memorandum is taxable under section 56(2)(vii)(b)(i) of the Income Tax Act,1961
. Query.. Does the same Law applicable to WILL & Gift deed in respect to immovable property.
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Do stpi unit have to reverse any custom duty on dta sale
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