When can the penalty u/s 271B for late filing of Audit report is to be paid (i.e before filing of audit report or after filing of audit report but before filing of ITR )and whether the details of the same are required to be furnished in the ITR as well as in Audit report ?????

Total Sale Consideration is Rupees 1,52,00,000. The property is Sold under single agreement. There are 3 members, an elder sister & two younger brothers. The sister making payment of Rs. 80,00,000 whereas the brothers agreed to pay the sum of amount of Rs. 36,00,000 each.
The query is whether the liability of TDS is to be paid only by the Sister or all?

Please reply at the earliest

Dear Respected Members.,

We are manufacturer of TOOLS & HOLDERS for CNC machines. We supply material (Tools - GST @ 18%) to SEZ buyer. We don't have LUT/Bond. So, Supply with taxable...

Using tally and As per Invoice the

Taxable/Basic Value - Rs. 10000

IGST (SEZ-Taxable) - Rs. 1800. We paid the Tax in my pocket. Buyer can't give Tax amount. Only give Basic cost. So, Tax amount right off or any other. I don't know what can I do...?

In Tally GSTR-3B it's showing 3.1 b.

But., In Tally GSTR-1 return not showing the details....



What can I do now...?

How can I get the Tax Amount...?

What are the procedure about this transacton under GST...?



Please guide me...

Dear Sir/mam,
I am Ecommerce seller. as u know almost all my sale to unregistered person only.
and also sale return from unregistered person. so my questions are:-

1.) is it necessary to show "sale return from unregistered customer means credit note invoice" in column No.9B
because i already show the "Net amount (sale-sale return)" in column no-7(B2C others)



Pls answer. thans

Dear Respected Member,
Please guide me on following Case,

Company has made payment in the month of Apr-18, along with IGST of Rs 45,000/- but Invoice not booked in its book of accounts, can Input Credit of IGST utilize against gst Payable for the month of Nov-18.

A salaried person has received a notice about not filing of Income Tax Return of 2016-17. His TDS is deducted by the factory every year. His gross salary for that year was Rs.629986 and TDS Rs.20640. On the compliance portal, it has been shown to have a total salary of 25 lakhs and TDS 82000 of his many years. What can i do on compliance portal.

Dear Sir/Madam,
Our company purchased cement, brisk, TMT bars,steel windows and Flash Doors for making a new shed. My question is the input credit can we availed and utilized of all said items.

Thanks & Regards
Chandan Mukherjee

Can a Company can pay its Statutory Liabilities eg. TDS , IT , GST . in installments if so what is procedure can anyone Help me ?

we have a manufecturing co

I have purchase 2 Pics as a sample 5000/-
igst input 900/-

then i have to pay only 900/- to Party & bal. amount treat as rebate & Dis.

Can we take input

Mr. X who had turnover of rs 2.80 crore from civil construction filed his return for AY 11-12 u/s 139(1) and same got processed u/s 143(1). He has not filed balance sheet and profit and loss account and audit report with ITR. No further notice for scrutiny. Now notice u/s 148 is received followed by show cause notice for 144. Reason mentioned in both notices is cash deposit in said FY of rs 30 lakhs. No such cash deposit was made and accordingly Reply has been submitted. When we demanded for actual reason for re-opening, it is not reopened for cash deposit rather it is opened based on report from Income tax officer (Investment) which mentioned that assesses has made transaction of rs 3 crores and 10% I.e. of 30 lakhs is taken as profit. In copy of reason AO has applied clause (a) of explanation 2 of Section 147 which is in my opinion for case where no ITR was filed. 31st dec is last date for completion of assessment. Can we challenge reason for reopening as return was filed and processed and AO could have made scrutiny within permissible time u/s 142. Or we should reply based on original notice for cash deposit.
It is also noted that AO has rectified all notices which was for cash deposit on his records but no official communication to assessee.