FY 18-19 at the time of audit we have find wrong tax paid by client under GST Actual Liability is CGST +SGST but he paid IGST & the effect is not correct because Sep 2019 return is already file.
1. In that case how we correct the detail ????
2. In Annual return i have show correct tax & Paid ???
3.How to get Refund for Wrong Tax ???
4. the Option for refund is available but in the utility error show due to Order number filed is mandatory filed.

Kindly Guide.

Hi,

We are a equipment manufacturer located in Bangalore, one of our dealer located in Bihar, this dealer GST has been cancelled, now we want bring back our stock to Bangalore from dealer location. can we raise a self invoice with IGST & bring back these material to Bangalore ?.


Please examine any one.

How to file TDS return for Government employees (24Q) they are not paying tax through bank and its book adjustment.

I understand that filing of GSTReturns is optional once application of cancellation of registration has been filed. Hence I have not filed any Return subsequently. Application for cancellation of registration due to reason that my gross receipts were below the threshold limit, is pending as "under Process" for more than a year. Initially I was filing NIL returns but later I stopped filing. Now I have received SMS that my GSTR2A shows some input bills. These are from my bank for bank charges. Hence they want me to file GSTR3B from back period and pay late fee, even though it will be NIL returns. Kindly advise how should I respond to SMS, or just ignore it? SMS is not a notice and hence need not be responded?

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Compensation amount of Rs.16441000+(interest of Rs.14152365) received for cancellation of property due to litigation whether taxable as capital gain, if it is taxable as capital gain under which section it is taxable, since agreement of sale entered and in Financial statement it is shown as capital work in progress . My client receives amount of Rs.16441000 which he paid intially through cheque above to that he is getting interest of Rs.14152365 which excluding TDS @11.96% whether this interest is taxable, if it is taxable under which section taxable . Kindly guide us

Sir / Madam,
Pls. let know whether discount offered by one trader to other trader in the course of business will be defined as "TRADE DISCOUNT" and will not have any impact into books of accounts " Discount given and/or received" ledger.
For ex: "X" Trader having GST no. issued tax invoice offering discount on bill of Rs.10,000 to Buyer "Y":

Gross amt : 10,000=00 qty: 1000 units per unit:10/Unit (10,000/1000 units)
Discount : 1,000=00
CGST/SGST(As applicable) (will be computer after discount from gross value which comes to Rs.9000).

So while booking this purchase bill recd from "X" my purchase value would be 9,000=00 (Rs.10,000-1,000) like wise my per unit cost would be 9.00 (9000/1000 unit). In short there will be no effect of discount of Rs.1,000=00 offered in bill by "X" a trader Seller) in his sale bill to "Y' (a buyer.)as it comes under "Trade discount" and and accounting rules does not allow effect of "Trade discount" into books of ac/s of "Y" a buyer.

However, in case of giving a effect of discount offer by seller as per his bill above is also a trade discount and hence no effect will be given also in books of seller offering a discount offered into bill raised to buyer.

Hello team,
Am i right to say that sale of agricultural land is agricultural income? as it is mentioned in the act that any rent or revenue derived from land situated in india and used for agricultural purposes is agricultural income.

MY CLIENT GIVES ELECTRICAL SERVICE BY CONTRACT. NOW HE WANT A GST REGISTRATION. SO , MY QUESTION IS , IS GST COMPOSITION SCHEME NOW APPLICABLE FOR CONTRACTOR SERVICES? IF YES , THEN HOW MANY % GST WILL APPLY FOR HIM? PLEASE HELP ME.

Old Age Homes registered under Section 12AA of IT Act is exempt from GST up to Rs.25,000 per Member for services rendered. What is the definition of Old Age Home and should it be registered under Senior Citizens Act, 2007 ?

capital gain from sell of property no benefit of 80c to 80u is available only slab benefit is available for ay 1920 i want to ask a simple question whether for calculating total income for slab benefit 80 to 80u will be taken in to consideration or not , suppose capital gain is 120000 other business income 240000 and 80c to 80u is 80000 then we can deducte 80000 from 240000 to arrive at 160000 to fix salb or not .. kindlly guide