Q. I am about to file TRAN 1 of one of my client. I want to carry forward Excess ITC credit under Maharashtra Vat act. The issue is that as per the original return filed for the month of June 17 ITC amounts to around Rs. 2 lacs, However the cleint had revised the return for the month of June 17 and now the ITC is amounting to around Rs. 3 lacs. Now should i file TRAN 1 for 2 lacs or 3 lacs ?? Thankyou in advance..!!

Hi sir, I have incorporated a Public Limited Company in Feb, 2016 with subscribed capital of Rs. 30,00,000. The shareholders have not paid the subscribed amount till today. What is the accounting treatment for this transaction? What is the maximum time limit to pay the subscribed capital to the company after incorporation?

i have income from commission received from farmer for selling vegetable. and also have my own sales can i file my return u/s 44ad

Respected Experts.,

Please give me the solution for my ITR for the AY 2016-17 & 2017-18...
I file my ITR for the AY 2016-17 of Presumptive scheme (ITR 4S) at the I'm not employed anywhere.
But, In AY 2017-18 Im employed and doing business like Sale of Plastic Bottles. TDS deducted my Employment.

Now, My questions are,
Can I file my ITR AY 2017-18 to Presumptive scheme like ITR 4 (AY 2017-18)

Please give me your valuable reply... I'm not file my return till date

Thanks in Advance

Dear Experts,
An accountant provide the service to various clients on part time basis No timing of working is fixed however he also work from His residence of some of the client, pls let me under which head his income will be consider whether income from salary or income from business & profession? Or it is income from other sources,

Thanks & Regards
Raj kumar

Dear Sir,
I'm going to file the return of proprietorship firm No Tax audit applicable but section 44AA is applicable in respect of maintenance of book. Pls let me know in such scenario whether we have to file the balance sheet as well as profit & loss Account while filing return?

Thanks
Manoj sharma

we are manufacturer of food items
we are registered dealer in gst
we sent red chiily whole for grinding
but the person grinding the chilly ( job worker ) in un registered

kindly help
in above case what is the procedure of job work from unregistered dealer???

in above case what type of liability is on principal

PLEASE PROVIDE ALL THE DETAILS OF RCM AS PER GST RULES.

we manufacture of sweets and sold it to customers. we opt composition scheme. and our GST Registration success but during apply registration we opt nature of business retail and wholesale. not opt manufacturing or restaurant option. is it correct registration or we want to amend it. plz given ur suggestion.

Dear Sir,
My question is Section 46 of the CGST Rules, 2017 provides “a consecutive serial number of Invoice.
A GST dealer sell product many portal Like : Filipkart, amazon etc. but serial number of Invoice auto generated by system ( for example)
Filipkart : Fa00001,...........10
Amazon : IN-01 ................10,

It is right or wrong under GST

Thanks