Can anyone please help me in getting solution to below query with appropriate notification or circular reference.

01. I have started project in 2013-14 and it has total of 36 flats & shops
02. I got OC in mid of 2017-18
03. 6 flats sold before OC received
04. Balance flats / shops sold after OC
05. By mistake I also availed ITC of input & input services received after getting OC which is still lying in electronic credit ledger.

I have query regarding:
• How should I reverse such ITC? – in GSTR 3B or by DRC 03
• If DRC 03, can I reverse it using balance lying in credit ledger or I will have to discharge in cash?
• Will there be any interest for such reversal

Dear experts please help !!!!!!

Please anyone tell me about POEM(place of effective management), PE(permanent establishment) and Business connection in India. What is difference between these three words and where, they are used ?

Query raised by MCA in Form 3. "Date of agreement is different with e-form."
My incorporation date is 14/05/2020. After approval of FiLLiP, i have purchased stamp paper on 17/03/2020 and prepared initial LLP agreement on that date. I have taken 17/03/2020 as a date of agreement in Form 3. Now MCA raised query regarding date difference. Please help me to get rid of this because i have re-submitted the same form again as directed by MCA help desk.

Dear Sirs
I am a retired chemical engineer and I just started using a bookkeeping software for my business accounting. I have a query.

I purchased a website of my own by paying Rs 5000 to Godaddy.com. Also I paid Rs 20000 for developing the contents of the website. Some of the 5000 Rs will be good for 2 years after which annual renewals and payments will be required to keep my website alive. I am registered with GST also.

1. How should I show this in the accounting books. with regard to each of the payments.
2. How much depreciation is to be taken as per existing rules.

Please guide me. Thanks
R.Muthukrishnan

Due to recent Covid-19 , whether ROC has given any extension for filing CHG-1 -charge creation- which was suppose to due in April.2020.

Hi

We are planning for an audit of data migrated to a better platform from the previous POS platform of a healthcare industry. Could someone please suggest the audit plan checklists ?

Thanks in advance

Sir
I just want to know how the TDS will be applicable on following:-
Eg If Interest due to funder on 30th May 2020 is Rs 100000 whether TDS will be deducted @ 7.5% on whole Rs 1 Lacs ie.. Rs. 7500/- or
From 1st May to 13th May 2020 Rs 45000 * 10%= 4500/- &
From 14th May to 30th May 2020 Rs 55000*7.5% = 4125/-

DEAR SIR,

INTEREST CHARGED @ 12% ON PARTNERS CURRENT ACCOUNT BALANCE AND INTEREST PAID TO PARTNERS CAPITAL @ 12% IS CORRECT WAY TO ACCOUNTING WE CAN CHARGE BOTH ANNUAL INTEREST ON EACH ACCOUNT.

REGARDS

CAN REFUND BE CLAIMED OF TDS CREDIT SHOWN IN CASH LEDGER..?? WHAT IS THE PROCEDURE FOR THAT .?

itr a.y 20-21 online form kab ayaga?