A vehicle was caught due to non compliance of E way Bill and we paid tax applicable and penalty thereon. This penalty paid is showing in Electronic Cash Ledger.
How to debit this amount from Electronic Cash ledger please suggest some measure.?

We are a partnership company situated at Maharashtra. We have branches at Hyderabad, Bangalore, Goa etc.
We are preparing Balance sheet and P&L at our H.O at Maharashtra consolidating sales of all branches.
Whether we have to file GST 9C for all branches including H.O.
Please clarify
Thanks

Dear Sir ,I am running Bank of Baroda Customer point and recharges business. My total commission from bank & recharges business was 258000 and net profit was 220000.I am filling ITR-3 , whether I have to use "NO Account case "for filling ITR or any other section i have to use . Pls guide me. Also Pls guide me whether it is mandatory to take GST registration for such business.

When to use NO Account case and other section. Pls guide.

Hi

I have purchased a home, with housing loan. Registration of home was done in Dec 2018 & about 95% loan was disbursed in same month. Dec EMI contained only interest. From Jan 2019 onwards, EMI contained both principal & Interest. In April, when balance 5% loan was disbursed. Building OC was received in Jun 2019.

My query is, whatever interest, I have paid from Dec 2018 to March 2019, whether it can be claimed as deduction/loss from house property, while filing Income Tax return for AY 2019-20.

Home purchased, as mentioned above was my second house property. I have one Self Occupied Property, in which I am living now.

Hi Everyone please help me out from this dilemma
One of my client is telecom distributor of airtel. He is issuing commission invoice to airtel company and paying GST on commission. Then whether he is required to issue outward invoice for each recharge value transferred by him to retailer. Airtel is issuing tax invoice for each value order placed by distributor and it is appearing in gst-2A of distributor. Please provide you expert view on given issue.
As per current position, distributor is only issuing commission invoice to company charging gst on the commission give by airtel.
and please tell me how to file his GST return on which basis on turnover which he sale or on commission basis
Please tell me the process of GST returns

kinldy help on below
tds deducted us 194j.
and earlier year .2016-17 income shown under presumptive taxation 44ada
2017-18 same income declared under 44ad in itr 3.
now 2018-19 for correct filling i am using itr 4 under premptive taxation under 44ad by declaring more than 8 % profit..
is it right practice for showing professional income under business income??.
beacuse as i know engineering consultancy services is professional services...
can i file us 44ad for lower profit @8% than 50% of professional income us 44ada

What is turnover when we file it return u/s 44AD
Turnover= Taxable Value + GST
OR
Turnover=Taxable Value

Dear all
My client have partnership firm turnover was 60,00,000
They declared profit 8% U/s 44AD i.e. 4,80,000 in Income Tax Return
Two partners were in above firm
Actually each partner took 4,50,000 as remuneration and 80,000 as Interest on capital

Doubts
should partners declared the above remuneration & Interest in their personal IT Return?
Because they offered partnership income in U/s 44AD

MY CLIENT HAVING F&O TURNOVER 6182516/- AND LOSS FROM F&O 108000/-. MY CLIENT IS HAVING TUTION INCOME OF RS. 238000/- AND FD INTEREST IS 25000/- THAN HOW TO FILE HER RETURN. WHETHER SHE HAS TO GET HER ACCOUNT AUDITED. PL GIVE URGENT REPLY

I am facing problems while uploading Income tax return ITR-3.While filing return after login on website when I click upload button,following massage is reflected on screen: Invalid XML. Please generate XML again using the latest Utility. Please help me with this.