Dear Experts

I got registered voluntarily under GST even though my turnover is less than Rs 20 lakhs. However to avoid the monthly return filing and gst payment formalities ,i would like to surrender /cancel the registration.

I should wait for one year to apply for the cancellation or can i apply now itself

Respected,
a person has approx. rs 450000/- as his PGBP income from retail business and is not maintaining any books of accounts(though sec 44AA is applicable) and claims loss under head house property u/s 24(b).
Now my question here is that how to file itr in this case when the person do not want to opt for sec 44AD?

Dear Sir
My friend is doing business of tent house. He want to take loan from bank for expansion of business for Rs 500,000/- . He doesnot have closing stock . He have only fixed asset of bamboo , clothes etc.
I want to know on what basis bank will sanction loan .Kindly advise.

I am trying to file GSTR1 for month ending Aug 17. After clicking submit button and proceed button, I get this error message

'Error! You have records still Under processing/Processed with error status in section : B2B Uploaded by supplier. You may go back and take action on those records before submitting. If you choose to proceed without taking action on the same, system will process your return/statement without considering those records.'

So, Should I proceed ignoring this? 31st Dec is last date.

PLEASE HELP ME...

Dear all, while registration one of my client wrongly chose "Input Service Distributor" (ISD), and also file challans with same registration no from july onwards till date. Needs to amend same to "Regular".

Kindly Assist. Thanks.

Respected sir/mam
he has income tax file fy 16-17 with turnover 30 lacs but he has no vat file. he registared in gst now. is he enter sales as per income tax file or zero as per vat in gstr4 please advice thanks...........

Sir,
Pension of army officer(disability+service element) is exempt income under income tax vide letter no. 4684 dated 14 august 2001.
One of my client is retired army officer and having pension from SBI bank and they deducted TDS on pension.
Now, problem is where and how can show exempt income under ITR-1 because TDS deducted by SBI as employer.
please advise appropriate column for exempt pension income.
regards
vikas

Dear Sir/Mam If a person trading in bitcoin (cryptocurrency) and also receive the gain from it, so plz tell me at that time the gain from cryptocurrency trading is liable to pay the income tax or not, If yes so plz tell me the calcutaion on it.

Sir,a regd.person procure some goods from outside the state through transporter.but the transporter is not registered under gst.Is the regd.person liable to pay tax on freight under RCM basis u/s9(3)of cgst act.? In the return gstr4 where he has to show this transaction?

Can IT department instruct the local police to arrest or detain a assessee.
If yes , sec under which this power is given