Dear All,

We have received a GSTinvoice from the vendor and they calculated a GST amount of 13 Rs for one item. total value around 2 lakhs.

is it fine for accounting as the same received? or get back for a revised invoice from the vendor?

Please suggest at the earliest.

regards,
Naresh

A Luxury car was purchased by a Registered Firm in 2014. The Firm has not claimed any input on the said purchase, because it was block credit U/s 17(5).
Now, The Firm want to sell this car. Do The Firm need to charge GST on sale (Though The Firm have not claimed input at the time of purchases)? If yes, at what rate do I need to charge GST?
In GSTR1 which column we show the Figure:
Sales value Rs.1,14,2306/-
WDV 1st August 2021 Rs.5,38,456/-
Margin Value Rs 6,03,850/-

Sir,

We have taken GST number in place of old GST number in the FY 2019-20. The accountant has raised the invoice by wrongly mentioned the old GST Number of the company and intimated to the customer the same, accordingly the tax authority has paid GST and filed the return through new GST number. Now the GSTR 2A is not reflected the GST amount for our company and the customer has retained the GST amount and denied to pay to us. Please suggest us how to resolve this.

LLP incorporated on 21.07.20 working in 'Human Resources' Industry and 'Recruitment Jobs' sector as per Certificate of Recognition issued by Government of India on 18-01-21
My question is whether LLP can take benefits of Section 80IAC for A Y 21-22 ?

If salary income as per form-16 for AY 2021-22 is say Rs.590000 which includes arrear of Rs.94000 pertaining to previous AY, then at the time filing ITR-1, what will be the Gross Salary taken it is 590000 or it can be considered after deducting arrear because we have to file Form-10E for that arrear.
Kindly reply as soon as possible.

P F is withdrawn after continuous service for 2 years and 4 months from june 15 to Sep 17

Employee contribution to PF was shown by employer in 80C deductions for all the years. However other investments qualifying for 80C without considering Employee Contribution to P F were coming to Rs.1.5L.
In that case can it be said that for 80C benefit was not taken for employees contribution to P F and employee contribution to P F will not be taxable for above withdrawal ?

Hello

In 2019-20 I have raise a bill to customer with GST & I have deposited GST to govt but the customer not receive the bill.
Now, customer agree to entertain the same.

Can I issue credit note (with GST) and issue fresh bill for the same?
Can I able to take credit for the old bill?

Pls suggest.

Sir
My client purchase property in April 2018 and sell it after construction in Jan 2021. I want to know whether it is considered as short term or long term capital gain.
He has occupation certificate in 2020
Can he sell after it.
Pl advise.
Regards

"Error: Something seems to have gone wrong while processing your request. Please try again. If error persists quote error number ITD-EXEC2002 when you contact customer care for quick resolution."
This error is coming whenever I try to reset a password in income tax portal.
Kindly guide me how to rectify it?
There is no guidance from customer care of Income tax portal in this regard.

Hello,
While filing the GST Returns for the Month of November 2020, a Sale Figure of Rs. 5,00,000/- was shown in GSTR 1 and return duly filed. However, While filing GSTR 3B for November 2020, a NIL return was filed by mistake. There was the Sale figure of Rs. 5,00,000/- as shown in GSTR 1 and also Input of Rs. 50,000/- and both were not considered in 3B. How to rectify the above mistake. GST Returns have been filed till July 2021 update.
Can we add the output on Rs. 5,00,000/- in August 21 3B and also can we claim the Input of Rs. 50,000/- in this month, which was missed in NOvember 2020.