SIR MY QUARY I RECEIVED COMMISSION FROM INSURANCE RS.20 LACS CAN I PROFIT SHOWING 7 LACS OR NOT

GST TDS is applicable on purchase of metal scrap on taxable value of more than 250000, In case of Credit note of metal scrap issued by supplier which consequences are applicable for deducting GST TDS ? Is less than 250000 credit note taxable value consider under GST TDS ?

If tax payer opt new tax regime in privious year and opt old tax regime through filing 10iea in current assesment year due to his deductions...
Can he opt new tax regime in next year?

Dear Members,
I have reversed ITC for F.Y. 2024-25 in GSTR 3B in table 4) B) 2 Others since, i do not have invoice for a particular month i.e. My ITC is transferred to electronic reclaimable ledger, my query is till when can i reclaim it GSTR 3B? 30th November 2025 or even after that?

Sir,
While filing ITR3 AY2025-26 & after Internal validation when tried to do upload validation then at this stage ( even with internal validation no error green status ) following error appears :
[#/ITR/ITR3/ScheduleEI/Othersinc:required key[NaturedfDescDivName] -Please contact developer of your utility with errorkey.
to resolve it Following measures are already taken
A} Browser Cleaning
B) Grouping putting exempted PPF Interest amount against Section 10(11) option instead of Other Amounts with description in Schedule EI
C) Removing Schedule EI altogether and after pause of two hrs again adding schedule EI with inputs as above
But the same error reappears and not doing upload validation complete
Now Query:
1.What is cause of it ?
2.Is ITR3 online filing is not working well??
3. How to resolve it ???
4 Are others also facing this problem ????

Here to note that filing of ITR1 and ITR2 worked well with no errors. Only ITR3 uploading error is appearing.
Pls help to resolve the issue w.e.t ITR3 AY2025-26

TDS u/s 194T is required to be deducted on remuneration ,profit and Interest wef from 1.4.2025, remuneration/interest/profit pretaining to 2024-25 credited on 31.3.2025 but paid in FY 2025-26,whether TDS required to be deducted ?

Respected Colleagues,
One of my client having Flat in a society where CAM Charges around 6800/- + GST(18%) and additionally others reimbursements, So total invoice he received complete 10,000/-
Now my ques Is whether RWA having 150 flats total in society and collects GST on Maintenance charges is valid (Turnover below 20 Lakhs)?
Please guide and refer any suitable website link and GST case law for related RWA for which i will debate with society president..

Regards...

Hello
This year capital gain before 23 july and after we july is to shown seperately.

Short term loss is 2.25 Lakh .

Long term gain is 8.00 lakh

*Bifercarion of before and after and a quarter wise is available

Net gain after set off is 5.75 L .

My point is how to show quarter wise net gain of 5.75 Lakh as gain is before 22 july and loss is after 22 july and that to different quarters.

In schedule negative figure is not allowed.

Please give solution.

I incurred a loss of Rs. 297 in intraday. I have shown "nature of business" as 1. profession(engineering consultancy) and 2. trading in intraday. Do I have to fill up the balance sheet page of ITR3?

Sir,

Few entries are wrongly updated in General Ledger. Instead of IGST SGST and CGST are updated. Based on this ITC claimed in SGST and CGST in GSTR3B. But in GSTR2A they are in IGST. In GSTR2A and 3B Reconciliation we got inter head difference. GST proper officer asking why it is not corrected latter. What is the issue of inter head wrong claim of ITC.

Entry in GL Wrong, Hence ITC claim in GSTR3B is wrong. Hence ECL balance also wrong Inter head wise. What is issue, how to solve. Thank you