Dear All,

Name in Pan card is correct but the same is not reflecting in Income tax website. How to change or edit the name in Income tax website?. Please Suggest.

Issue : Whether an entity in which relative of KMP is having significant influence is a related party for the reporting entity as per Ind AS 24.

Fact : A company (XYZ) is entered into transaction of purchases & Sales of goods with PQR, in which brother of KMP of XYZ is having significant influence (holding the position of Chairman & Managing Director and also promoter of PQR) Is XYZ and PQR a related party under Ind AS 24.

Dear Sir,

I have uploaded the JSON file successfully for filing GSTR 4 return for the last Quarter ( Jan to Mar ).
But, in the summary generated through " Preview " mode, before submitting the return, I found that,
the total value of purchases from unregistered dealer as per sheet " 4C " and the total value of turnover mentioned in sheet "6(TXOS) is found in the report, but the total value of purchases mentioned in sheet "4a and 4b" for B2B purchases, is not there in the summary and only the number of records is mentioned.

Can I proceed to submit the return, ignoring this or what should I do to correct this error.

Pls. advice.

One of our Client gives Turnover based credit note for their customers (Retail Customers)
1. They could not able to mention the invoice number against credit note. (since it is T/O Based Credit Note)
2. In such situation, How to mention the Credit Note Details in GSTR 3B.

Kindly Clarify.

Hi Guys,
Please suggest me, RCM in Applicable on Rent M/o April-18. Because RCM Notification date valid of 31/03/2018.

We are receiving bills from Transporter say GTA. Bills are booked under reverse charge.

Now Transporter says Sir Please do not Deduct TDS from our account and arrange payment in the name of Truck Owner. Truck owner is submitting his ITR accordingly.

Query:
A-Can Payment be made to Truck Owner against the bills of Transporter i.e. GTA??
B- If Payment can be made then can TDS not be deducted if declaration given by Truck owner with PAN that he is depositing TDS himself??

Hello Sir,
Some Equipments Purchased for GYM of Amount Rs.5016/- so is it mandatory to capitalize it or it can be booked as Expense ?

Please Reply.

Because of the hike in gatuity limit from 10 lakh to 20 lakh, the amount worked out by actuary ,the whole amount is to be charged to Profit in one year or it may be deferred to more than one year. Pl advice taking in to consideration the provision of AS-15

how to compute late fee for delay in filing of gstr-3b from the month of September to January.
can I know the provisions in calculating the late fee, and interest applicability .
for person whose turnover is less than 1.5crores

I had a agricultural land in city limits. I converted(into plots) my agricultural land into stock in trade and sold such plots.
Capital gain due to conversion of land into stock in trade was invested as per Section 54b. I purchased new agricultural land with whole capital gain.
Does my investment as per Sec 54B is in line with income tax act or ITO will disqualify such investment.?