Dear Sir,

Please clarify what documents needed for Discount received from supplier of goods for release payments before due date along with credit note.

We are taking discount letter from them. Is there any requirement of letter from Supplier for post sale discount?

As per my understanding there is no GST in Post sale discount if i m wrong please let me know?

SIR
We are doing GTA business. We are supplying trucks to our Party (Supplier of the goods) and after the delivery, we will the receive the consignment copy with sign and seal (Received Copy) from buyer (receiver of goods). We will issue sale bills based on the received copies periodically to the Party (Supplier of goods).
In this case, it is essential to keep the Received Copies (consignment copy) in file? or enough to maintain the sale invoices only?

Plz clear my doubts
thanks in adv

One of our client is liable for GST Audit for FY 2018-19...We filed GSTR-9 with incorrect turnover as compared to Income Tax Return. Now, when we came to file GSTR-9C, we noticed the above mentioned issue of turnover. So, shall we correct the turnover in GSTR-9C, and if yes then what reason we will give for the un-reconciled turnover...???

please advice which input should be claimed as per 2a or 2b or books?
with thanks

Hi,
I am a salaried person and have total income above 5 lac.
I did some intraday trading and had
Intraday Profit - Rs.11
Intraday Turnover - Rs. 3010

As per some articles that I read on cleartax, quicko etc.,
It seems like I should file ITR 3 and since, my Intraday profit is less than 6% of turnover - I am liable for tax audit.

I wanted to confirm regarding the same.
Is it fine to consider it as SCTG and file ITR 2/3 so that I don't have to get tax audit done?

Hey,
I've recently received an intimation u/s 143(1) wherein the issue is :-
I've filed my return stating my income in which I have received 7th pay commission arrears in the FY 2019 -2020 and the intimation that I have received has processed it without giving me the benefit of relief under section 89. So, shall I file a rectification request under section 154 or should I ask my employer to correct the details under part B of Form 16 and file a revised return for that purpose subsequently. Also, if I shall file a rectification U/s 154 it isn't available for the AY 2020-2021 until now ?

I am in Purchase department of raw material. The Purchase order rates are on delivered basis. there is no freight in invoice. rates are on delivered basis to our factory. which documents should I make mandatory for supplier along with material. many supplier told me that, your rates are on delivery basis, there is no freight component in Invoice. so it is not mandatory documents for you. since it is transaction between supplier & transporter. is it right? should i make mandatory for supplier to submit the LR for supply which are on delivery basis. it is ok if i don't ask LR as record document for me as per GST norm

As per Rule 36(4) only 10% of the variance is allowed when compared to 2B, while filing for the month of November. But what if I have not claimed any input in the earlier months from June - October( even though its reflected in the respective months 2B). Can i go ahead and file . table is showing warning in red before submission.

Dear Sir,
I am unable to submit my income tax return online as it is displayed that IFC code is invalid though I am writing correct IFS code. Please guide how to proceed early.
Regards,
Devinder Kumar,
e-mail: devinderkumar11@gmail.com

SIR
Mr. X is the director of our company. We did not pay the remuneration to him for the last year.

Will any problem arise?
Can the remuneration be paid totally at the end of year in cash?

Plz instruct me
thanks in adv