Dear sir,

On GST portal electronic Credit balance is showing 690000 but there is also one head "PROVISIONAL CREDIT BALANCE " Rs. 570000. sir, please suggest what is this ?
And how this figure calculated and why ??
Please reply

Generally why people forget to deduct tds?

Please guide me the procedure of changing the phone number and email i.d of the assessee

I have applied many times in ey,deloitte & kpmg by online and direct careers@in.ey.com, But I do not get call for interview. I do not have any reference in these firms . Please provide some solution to get job in big 4 firms and to get interview call.

how to enter gold purchase bill in tally for personal use. Ledger create which under group than calculate GST for ITC. Plz help me....

Sir, I Have LIC premium paid to my son, I have claimed 80C, In Lic agreement nominee name my wife, who is clamimed 80C? above case advance thanks for your reply

AN EDUCATIONAL TRUST GETS LOAN FROM "BANK A" AND CONSTRUCTS A BUILDING AND LATER FINDS THAT THE INTEREST IS HIGH AND GETS LOAN FROM "BANK B" AND SETTLES THE LOAN FROM "BANK A" AND CLAIMS THE COST OF THE LOAN THAT IS USED FOR BUILDING CONSTRUCTION AS CAPITAL EXPENDITURE...MY QUESTION IS IT ALLOWABLE AS PER INCOME TAX ACT,1961???

An education trust gets a loan and constructs a building and buys furniture & fittings and later claims the cost of the loan(Principle+int) as capital expenditure ....Is the Capital Expenditure Allowable as per IT Act?

We are private limited company in dairy business. We had purchased machine for milk packing from china. For the same machine we had paid Rs. 2.59 lakh as IGST on import. Our product is milk only which is not subjected to GST while selling. Can we claim the refund on the IGST paid?

My father passed away in 2016 and later we came to know that had entered into registered sale agreements with 4 agriculture land owners during 2011 to 2015 on a land aggregator role on behalf of a land development company through an unregistered "assignment agreement to purchase land" in 2011 under the conditions that the company has/will pay for cost of acquiring these lands.

Now, the company has approached my family (as legal heirs of the agreement) to execute a Cancellation Agreement forfeiting all the advances paid by my father (i.e. on behalf of the company) towards acquisition of land. All agreements are Registered have a 4 month limitation and no forfeiture clause thus seeming to be open-ended.

What are the tax implications on my family if we went ahead for Cancellation of Agreement by forfeiting the advances paid? Does forfeiting the advances amount to capital gains or income from other sources and why?

Any help from the experts is highly appreciated.