ONE OF MY FRIEND FILED INCOME TAX FOR THE FINANCIAL YEAR 2016-17 WITH REFUND DUE- THEN FILED RECTIFICATION FOR SOME REASONS. THE CPC ISSUED ORDER U/S 154 MENTIONED THE REFUND AMOUNT IN THE SERIAL NO.49 AND 53. BUT NOT REFLECTED IN THE SERIAL NO.57 AND 58 AND ALSO NOT REFUNDED THE TDS AMOUNTS. THERE IS NO TAX ARREARS.

PLEASE LET ME KNOW HOW TO GET REFUND. I HAVE TO FILE REVISED RETURN OR FILE RECTIFICATION REQUEST AGAIN

KINDLY RESPONSE.

S. RAVICHANDRAN

Hi

While filing GSTR3B FOR THE MONTH of Dec 2017, Instead of paying gst in type IGST
we have paid the gst liability in the type SGST AND CGST and return filed.The amount involved is higher.we have only IGST transaction
Please help to to solve the issue because in GSTR1 for Dec 17 shows me only the IGST COLUMN
Please help
S.Viswanatah

Hi Sirs,

I just want to know the process and possible pro and cons of Merger of two Sole proprietorships into one single Pvt. Ltd.Company keeping in view of GST/Income Tax/Others.

Anybody can help will be highly appreciated.

Thanks in Advance.

We have paid GST for the month of Dec-17 through E payment. Payment has been deducted from the bank yesterday at 14:05:05. same has been deducted from the bank account, but in the GST portal it is coming as initiated. What shall we do? today is the last date to pay the taxes. I have submitted the return now need to set off the liablity. 



In any case if the above problem is not sorted in that case do we need to pay the interest for the same?

Dear Sir,
We are manufacturing company, We have car in our company name, My query is we have puchase new car and sale the old car

Whether we have to pay the GST on Old car sale transaction under reverse charges

Please revert on the same.

Dear Sir,
We want to close the Company. The Company not hold any assets & Liabilities The Company is Limited Company. The Company not carrying any business activities last several Years. The Company income is only Profit on sale of investment. Till March-2017 We filed IT Return & ROC Return on Time.
Only one Bank Account & No employee in Company. Now we decided to closed the Company before March-2018.
What is the procedure to close the Company.
Please advise in above matter as earliest.

Thanks & regards
NK

Hello Sir/Madam,

If I pay life insurance premium in March 2018, can I avail the deduction u/s 80C of the Income Tax Act in FY 2018-19 instead of FY 2017-18?

Thanks.

Dear Sir,

What is the GST rate on incentive income received from a mobile wholeseller dealer to mobile retailer in the form of credit note ?

In a existing firm 3 Partners are working .Is it possible in Partnership that in the same day all existing partner are retire and new 2 other partner can join the firm?if it is possible then what the procedure and what are the implications under Income tax act 1961.

Dear Sir,
Please clarify the treatment of business loss arise on conversion of capital assets into stock in trade u/s 45(2) by taking into account the FMV of capital assets on the date of conversion.

Thanks