Sir,
A registered composite scheme dealer annual return gstr-4 filed f.y.23-24 .sales turnover report only in gstr-4
Question:
Dealer purchase invoices upload compulsory in annual return gstr-4.

This scheme has only predefined replies but there is no chance for us to explain where we had shown that particular income in ITR. Eventhough we have shown the income in ITR still there is a mismatch. How to response to it?

Respected All Experts,

I want to know about tax liability on received of Rs. 9 Lakh of my share in my Bank account from sale of inherited property ( Father) which total cost of sale was Rs. 45 Lakh in Financial year 2020-2021. I am salaried person and i filed ITR-1 in financial year 2020-2021 only for salary income. I have not mentioned in ITR about received amount of Rs. 9 Lakh which was also showing in 26AS. I continued filed ITR-1 for salary for the financial year 2021-2022 and 2022-2023 regularly.

Now in Financial year 2023-2024 I purchase a flat of Rs. 28 lakh in March,2024 from Builder but possession of flat will be in june,2024.

(1) My query is to know about any tax liability arise due to not include income of sale of inherited property (father) in ITR of F.Y. 2020-2021 ?
(2) Second How I treat this Income received in F.Y. 2020-2021 in Current financial year 2023-2024 which ITR to be file in July,2024 ?

Thanks & Regards,

MONU P

For the Asst.year 2022 23 my Trust is having provisional registration u/s 12A but not able to regularise by filing 10AB. Due to ignorance the provisional certificate were treated as the final. what to do for claiming exemption from the Asst. Year 2022 23. Please advice. The trust was having 12a registration since 2012.

What is the last date of payment of taxes for quarter March 2024? My due date for filing of return under quarterly returns is 24/3/2024? Please clarify?

Hai esteemed members

Have a issue regarding GSTR-1 filing for March 24 and would be grateful if you can guide me on how to resolve this

The facts are
- Client is under e-invoicing
- Every month data is auto-populated into GSTR-1 table
- We add up HSN details and Documents issued columns and file it

However,

- In March, 24 the accountant of the Company accidentally uploaded invoices data into GSTR-1
thereby the "Source ", "IRN" and "IRN date" and all AUTO POPULATED details as it used to display earlier went off

In this connection

- can I use "reset " button
(a) so that I get back the data from e-invoicing portal to GSTR-1 or
(b) to restore it to earlier state before this accidental uploading

or Is there anyway to enter invoices with IRN NO and ACK now if none is possible

how I should go about solving this so that client is not suffered

Regards
CA Jayaram

My NCLT petition was marked defective due to wrong case type, I tried to correct the case type by going through refiling section and editing the originally filed petition. However after selecting the case type "restoration application", a main case type section pops up which I am required to fill the case number. Though I have no idea what case number is to be filled there. Can anybody help?

The tax payer has recently applied and obtained PTRC registration in Maharashtra state in the Month of March 2024. Now, the return frequency was shown Monthly for F.Y. 2023-24 and filing returns for all the month is required. Whether tax payer need to all monthly returns, even for period prior to his registration. And if yes, how to deal with Iate fees. Please guide for payments and filings.

Hello I am a CA final Student,

I had a query that how is a perquisite under 194R of Income Tax act can be classified as a supply under GST. If in a case where perquisite is paid for good business terms for numerous years,then how can such a supply of pequisites in kind be considered as a supply of services.

The recipient of perquisites is not supplying anything excess out of the original business contracts of supply of goods.

Kindly provide me with a solution of the same.

My late father has 4 legal heirs. He has 10 physical share certs. I am the claimant. I understand the share transmission procedure. Among several forms, there is Appendix D Affidavit( as per Kfintec) which needs to be submitted by all legal heirs. I would like to know if same form can be used for several companies or it has to be one form for each company. The form does have provision to list out several companies.
In case the above is acceptable, then can we submit photocopies of the affidavit to all companies ? Or a true copy?
With 4 legal heirs and 10 companies, the number of affidavit is huge. How can we avoid so many documents?