Dear Expert,
I had purchased and capitalised a DG Set in Dec-18 and availed GST Credit.
Now that assets is burnt out in fire and completely destroyed therefore I have decapitalised the same and booked WDV value as loss.

My query is how to calculate reversal of GST? Will it be WDV value or something else?

Thanks & Regards,
MK Agarawal

When was 1 rupee revenue stamp with Ashok chakra stopped & with Lion head started ?

Dear Experts, what is the time limit to realize the export proceeds for goods sent to overseas agent? Is the time limit applicable from the date of export or date of sale by agent to buyer?

I have stationary shop and filed 13,40,000 profit and 4,00,000 Profit us 44AD.but i also i also received commission from insurance agency rs 55,000 AND show under special business(commission/agency without books of account).and entered only financial particular.anow department defect my return and advice to file balance sheet and p&l.
now i have balance sheet and PL of stationary shop.
can i club 55,000 to profit and loss account.?

We are on the verge of getting listed in September 2021. Can someone please help us regarding the quarter from which the limited review will be applicable? If so, please help with the clause for the newly listed company?

Turnover FY 20-21 More than 10 Crores

Current FY 21-22

Sales made to new customer in 01/04/2021 to 12/05/2021 Rs.51 Lakhs.

should i require to collect tcs @ 0.1% on entire sale amount of Rs.51 Lakhs or Rs.1 Lakhs (51-50).

Please reply.

Sir,
A gst registered regular scheme dealer
Sales turnover in f.y.19-20 Rs:60 lacs
Sales turnover in f.y .20-21Rs:55 lacs (rs:5 lacs decreased)
Question:
1.Dealer annual sales turnover increased compulsory in gst and it act.
2.sales turnover decreased any problems future.

Assesse is commission agents,

I have filled ITR 3 for above assessment year in which I have filled Item 64 of Part A of Profit and loss account and Item 6 of Balance Sheet as I have not maintained regular books of account , yet I have received notice for defective return stating that I have not filled PART A of PNL and Bsheet. Whether it is correct notice ?? should I have to filled whole balance sheet and profit and loss account ?

Sir,
My gross receipt was Rs. 540000 and taken expenditure Rs. 60000 and filed in no book maintain but by mistake i had select yes u/s 44A and department has send a notice u/s 139(9) by demanding Balance Sheets and Profit and loss . Now my question is either can i rectify my mistake by selecting no in 44A or i have to submit the BS & PL. Kindly suggest me.

Companies those are not obtained ITDREN being not required to file form 61A. How to submit preliminary response for F Y 2020-21. We have tried to submit the said response by login into income tax portal- My account - Reporting portal (Beta Version) . But by default financial year 2021-22 is selected. We could not submit the preliminary response for F Y 2020-21 being no choice for financial year. Kindly guide us