WE HAVE SUBMITTED FC-GRP FOR LAST 12 YEARS . WHAT IS PENALTY
PLEASE REPLY ON MY EMAIL ID rizronak@hotmail.com

I HAVE SOLD A PLOT IN JUNE 2017 HAVE CAPITAL GAIN THAT DEPOSITED WITH BANK OF INDIA IN CAPITAL DEPOSIT ACCOUNT. CAN I PURCHASEN IN JANUARY A FLOOR IN NEW BUILDING AND GET TAX EXEMPTION IN MY ITR 21-22. IS THERE ANY OPTION OTHERWISE TO EXEMPTION CAN U SUGGEST ANY EXPERT IN THIS FIELD IN DELHI HOPE EARLY REPLY

Dear Expert,
I Want to know difference between the GSTR 2A and GSTR 2B.

and Features of GSTR 2B and Its Impact on Input while claiming the ITC.

While Following rule 36(4) CSGT Act, which could be base either GSTR 2A or GSTR 2B

Date of R1 for quarterly filer was 13th Jan...so input is appearing in 2B of Dec 2020 so while filing 3B whether i should consider this input in Dec aur Jan return?
In short i am asking to calculate limit of rule 36(4) i should take this input or not?

Dear team/expert,

Please refer to below example regarding ITC reversal.

Particulars June 2020 Oct 2020
Output tax 100 0
Input tax 200 20
Net liability -100 -20
Reversal of ITC 0 50
Net liability -100 30

(Sorry about the alignment. I am not able to create table format.
Particulars represents text, June 2020 output tax is 100 and that of Oct is 0. and so on.)

In the above example, Kindly tell me when i reverse ITC in Oct month, whether interest is calculated on 50 or 30 ? Also specify the Interest rate.

Hi,

Can anybody explain what is Risk Crystallisation?

Thanks in advance,

I need confirm that whether an application in Form 311 is necessary to file along with Form 310. Our assessment order is resulted into refund and we are going to appeal for higher refund. Please guide Form 311 is for stay of recovery.

Recently bank employees salary was revised and arrears paid for the period from November, 2017 to December, 2020. For those employees who retired after November, 2017 the PF balance in their credit was already repaid to the employees on retirement and PF account stands closed for them.
Now while paying salary arrears for the period from Nov 2017, PF was deducted from the arrears. Since there is no PF account for the retired employees now, Banks are refunding the PF now deducted to the employees. The question is whether this PF deduction made is eligible for exemption under 80CC of I-T. In this connection, please bear in mind that the PF deducted from the employees salary during the month of their retirement is also considered for exemption under 80cc i.e., the last months salary will be paid on the last day of the month which is also the date of retirement for the employee and the PF deducted on this last month's salary is also eligible for 80 cc.
Please guide me.

While prscruitinising form AOC-4, Im getting pop up like "You have earlier pre-scrutinized Form MGT-7. Do you wish to proceed? In case if you select ‘Yes’, all the earlier pre-scrutinized forms shall be nullified." How to proceed further..

Dear Expert, As per latest ICAI guidelines, is UDIN mandatory for Concurrent Audit reports issued Month-wise?
If required, is it to be generated month-wise or as it is for a specific period, say 1year, for the whole period of 1year, can UDIN be generated once?

Waiting for your experts opinion.