T_FV_4324 Certificate number provided for non-deduction/lower deduction is not valid, please enter valid 10 digit certificate number.
T_FV_4326 For no deduction/higher deduction, no value should be provided under this field.
please explain how to rectify above errors in tds return process in rpu 3.6 of validation 7.1

A registered regular scheme dealer sales tax rate 12 and 5 percents to b2b and b2c both types of transactions.
Question:
Tally Accounting entry for b2b and b2c passed procedure in books.

Dear Sir,

Our company has purchased diving boat for business in march' 21 , cost of Rs.35 . Shall i take ITC on purchase invoice this FY 2021-22 . i can take full itc or Partly.

Kindly advice.

Brdgs

R.S.Pandi

For the registered persons who have failed to furnish the return in FORM GSTR-3B, for the months /quarter of July, 2017 to April, 2021, by the due date:

Sl.No
Return in FORM GSTR-3B for the month/ quarter of
Amount of Central & State/UT tax payable in the return
If Return furnished between
Late fee payable waived in excess of (Rs)
1
July, 2017 to April, 2021
NIL
1st June, 2021 and 31st August,2021
500
2
July, 2017 to April, 2021
Not NIL
1st June, 2021 and 31st August,2021
1000

BUT WHEN I TRY TO FILE THE RETURN FOR THE PERIOD OF AUGUST 2020, IT SHOWS THE LATE FEE OF Rs.2300/-. what can i do?

Please provide Guidance on following:

Whether show Net Value of Outward Supply i.e. After adjustment of any Credit/Debit note issued during the month in Table 12 in Form GSTR 1.

Or

Gross Value of Outward Supply i.e. Before adjustment of any Credit/Debit note issued during the month in Table 12 in Form GSTR 1.

A private trust with two minor beneficiaries with equal share in benefits was created by great-grandmother and made parents of minors as trustees and gave a corpus of Rs.51,000 on 15.04.2020 and later on 21.04.2020 she made a gift of Rs.50 lacs to the trust. The trust invested funds in bank deposits and also loans to parties and interest income was Rs.3,25,000. Please advise on taxation of the trust, filing of return of income etc.

i m doing online pan correction at traces for around 700 line items. It is not accepting it. If i do 100 transactions in one correction then it is accepting. Is there any cap/lock on maximum correction at a time?

dear sir
we start a partnership firm in april 2020 for starting a menufacturing unit, we purchase land and start bulding cunstruction start in 2020-21 but no singal machinery installed and business not started up to 31-03-2021, some expences was incured like building, bank loan processing fee, and small amount of interest charged by bank on loan disbursed for building making.
please guid on following issue-
1. filing of itr
2. charging of deprication
3. treatment of expenditure in income tax
thanks

Dear Respected Members,

Can we consider the purchase of Mobile and power bank as a fixed asset? if not under which head in tally? especially power bank?

Hello Sir/Madam,
Query: If one of the directors is appointed as Director under section 8 company, but the company has not filed INC20A (Commence of business not filed) please advise how the director can take resignation-way out to exit from section 8 company.